Santander financiará proyectos por 15 mmdd en México

December 10, 2014

12/09/2014 El Financiero

5641492369_3c5cfcb33a_oEl Grupo Santander anunció financiamientos adicionales de 15 mil millones de dólares para los próximos cuatro años en México, de los cuales, 10 mil millones de dólares serán para  infraestructura y en pequeñas y medianas empresas.

Ana Patricia Botín, presidenta de Grupo Santander,explicó que tienen confianza en México, por ello continuarán apostando en el país, aunque evidentemente reconoció hay problemas, como sucede en otras naciones, pero en términos relativos hay las condiciones necesarias para que siga fluyendo la inversión tanto nacional como internacional.

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Natural Gas Exports to Mexico Are On the Rise

December 10, 2014

12/02/2014 Roll Call

532687354_fdef042d72_zWhile pressure to expedite U.S. government approval of liquefied natural gas exports continues, capacity to send natural gas to Mexico just expanded.

Last week, Mexican President Enrique Peña Nieto celebrated the completion of a new pipeline system to bring Eagle Ford shale gas across the border near Rio Grande City, Texas, to Los Ramones, Mexico. He said the pipeline will increase import capacity from the U.S. by 45 percent.

Beyond opening the doors for private companies to bring in more imports, the new laws have opened up investment to develop Mexico’s resources, which have seen declining production as major oil reserves in the south have become depleted.

“Mexico does not have a problem with resources,” Jordy Herrera said. “We have a problem with money.”

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Obama: US Offers Mexico Help on Missing Students

December 10, 2014

12/09/2014 ABC News

4097699785_073813177e_zPresident Barack Obama said Tuesday that the U.S. has offered to help Mexico figure out what happened to 43 college students who have been missing since September, but he stopped short of saying that aid to the U.S. ally and neighbor should be reconsidered on the basis of the country’s human rights record.

“We’ve offered assistance in tracking down exactly what happened, our forensic capabilities, our capacity to get to the bottom of exactly what happened,” Obama told Telemundo, the Spanish-language television network, in an interview.

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Mexico Vows to Sell Dollars to Halt Peso’s Slide

December 10, 2014

12/09/2014 ABC News

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Mexico is ready to intervene in currency markets to fight the peso’s fall against the dollar amid concerns over dropping oil prices and a possible increase in U.S. interest rates. Mexico’s Exchange Commission said that as of Tuesday, the government will hold a daily auction of $200 million whenever the peso falls at least 1.5 percent from the previous day.

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Mexico missing students fury rocks President Pena Nieto

December 4, 2014

12/04/2014 BBC News

T15798161092_6040394bb6_zhe federal government and President Pena Nieto have tried to place the blame firmly at a local level,  the issue as the result of weak municipal institutions that are too easily bribed and coerced by the drug cartels.

The president’s response has been to propose the dissolution of all of the country’s 1,800 municipal police forces.They would be replaced with 32 state-level forces, which his office described as “trustworthy, professional and efficient”.

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Mexico Digs Into Ties Between Leader, Builder

December 4, 2014

12/03/2014 The Wall Street Journal

12242280414_183b094546_zA contractor who built and holds the title to President Enrique Peña Nieto ’s family home has won a series of high-profile government contracts since the Mexican leader came to power two years ago, projects increasingly under scrutiny by opposition lawmakers and foreign investors.

The contractor, Juan Armando Hinojosa, is at the center of a political scandal that is rocking the Peña Nieto administration amid questions over the men’s relationship and whether favoritism played a part in Mr. Hinojosa’s companies winning government contracts worth hundreds of millions of dollars.

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Rockefeller Foundation names Juárez among world’s 100 resilient cities

December 4, 2014

12/03/2014 El Paso Times

492630565_b571adf732_zJuárez has been named one of the Rockefeller Foundation’s 100 Resilient Cities, joining El Paso on the list of cities across the world selected for the program.

The 100 Resilient Cities are those that have been able to bounce back and survive different kinds of significant challenges. The Rockefeller Foundation this summer named the first 32 cities that will participate in the global network, which included El Paso.

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