December 11, 2013
U.S. and Mexico officials joined together on Tuesday near Otay Mesa Road and SR 125 to wave orange flags and signal construction crews to begin work on a $700 million border infrastructure project. The goal of the new freeway, and eventually a new port of entry, is to cut border wait times and boost cross-border trade.
December 9, 2013
The Albuquerque Journal, 12/9/2013
One of the most frequent questions I have been asked recently by family and friends is, “Do you still go to Mexico?”
The person asking the question usually phrases the words in a way that reminds me of being a kid and being asked by an aunt or relative, “You’re not going outside in this kind of weather are you?” Or, “You’re not going to eat that whole bag of chocolates, are you?”
I almost feel like they are scolding me before they hear my response. Their faces usually have an incredulous look on them when I tell them that yes, I go to Mexico and most frequently to Juárez on business.
Today, violent crime in Juárez, especially murders, is a fraction of what it was even two years ago. The daily mass murders, most attributable to the war between drug cartels and Mexican law-enforcement agencies for control of this important portal to the U.S., are down significantly.
November 12, 2013
The Global Post, 11/11/2013
Mexico’s powerful CCE business federation urged lawmakers to pass an historic energy overhaul without delay, saying the country “can’t wait any longer.”
If congressional approval is delayed, “we Mexicans will continue to pay more for fuel and raw materials,” the president of the CCE’s Energy Commission, Jaime Williams Quintero, said in a statement.
October 2, 2013
The Wall Street Journal, 10/1/2013
As Mexico’s upper middle class has grown, Avenida Presidente Masaryk, the main drag in the capital city’s ritzy Polanco district, has transformed from a sleepy street of mom-and-pop shops to Mexico’s version of Rodeo Drive, packed with boutiques including Burberry, Cartier and Bulgari. But over the past two years, Mexico City’s hottest luxury shopping strip has run into growing pains: Rents have fallen and consumers have put the brakes on spending amid a period of economic uncertainty.
September 18, 2013
Los Angeles Times, 9/18/2013
Recently installed U.S. Secretary of Commerce Penny Pritzker said trade opportunities with Mexico will expand as economic and security conditions improve in America’s southern neighbor.
Pritzker is headed to Mexico for her first official trade mission Nov. 18. The trip will focus on key industries such as advanced manufacturing and health information technology, she told The Times in a brief interview Tuesday after delivering a keynote address at the U.S. Saudi Business Opportunities Forum in downtown Los Angeles.
September 17, 2013
While major U.S. companies complain about shortages of skilled workers and restricted access to visas thousands of undocumented immigrants from Mexico and Central America continue to clandestinely cross unguarded sections of the U.S.’s southern border. The debate over immigration reform, a pressing concern for many U.S. executives, continues to stall in Congress.
Many major U.S. corporations are taking public stances to welcome immigrants and support immigration reform efforts. After all, the U.S. Citizenship and immigration Services agency has reported that this year, in less than one week companies petitioned for 124,000 H1-B visas for high skilled foreign workers, even though only 85,000 were available. Data from the U.S. Bureau of Labor Statistics indicates that the U.S. economy is home to tens of thousands of job openings for candidates with advanced and highly specific skills. Industry leaders have argued that current immigration rules prevent them from hiring enough foreign graduates with advanced degrees to meet their needs.
July 3, 2013
The shale gas boom has done a lot to boost the US economy. It’s such a big deal you can see it from space. All that new natural gas has lowered energy costs, which has led analysts to wonder if it could help make America’s energy-heavy manufacturing businesses more competitive with countries that have low labor costs but over-burdened energy infrastructure. But there’s a lot standing in the way of that vision, including the potential for gas exports to affect the value of the dollar, and the observation that maybe energy costs aren’t such a big deal.
But where the US is faltering, Mexico is taking advantage of all that cheap natural gas to boost factories; last year, pipelines brought more natural gas across the border than ever before. Mexico is already successfully competing with places like China on labor prices, but its energy costs are lower, too. Combine that with its proximity to the United States and deep integration into the American supply chain, and you’ve got a recipe for export-oriented success. Pemex, the country’s state-owned oil company, is spending $3.3 billion to build a new, 750-mile pipeline from Los Ramones, Mexico, near the country’s industrial heartland, to Agua Dulce, near Texas’ shale oil fields.