Expanding Mexico City Running Out of Cemeteries

October 28, 2014

10/28/14 New York Times

grave 2 by Kelly DonlanEdgardo Galvan watched as two gravediggers shoveled muddy soil from his father’s grave until they reached a set of bones mixed with wood chips, the remnants of the coffin he was buried in seven years earlier. The gravediggers placed the bones in a black plastic bag and handed them to Galvan, who planned to cremate them and put the ashes in a small crypt the family bought in a church. “I’ve had to go through two difficult moments, first burying him and now unburying him,” the 42-year-old carpenter said as he stood in the San Isidro cemetery in the Mexico City borough of Azcapotzalco.

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Mexico Looks to Raise Wages

August 29, 2014

08/28/14 The Wall Street Journal

Pesos by Flickr user AleiexMexico is attracting record levels of foreign investment, boasts a stable economy, and is becoming an export powerhouse in areas like cars and aerospace. But when it comes to one economic measure—its minimum wage—the country lags behind only Haiti in the hemisphere.

Pressure is rising on the federal government to change that.

On Thursday, Mexico City’s leftist Mayor Miguel Ángel Mancera proposed to lift the federal minimum wage to 82.86 pesos a day ($6.33) for 2015, a 23% increase from the current 67 pesos ($5.12) in Mexico City and enough to buy a basic basket of foods.

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Mexico Debates Boosting Its Low Minimum Wage

August 28, 2014

08/28/14 The Wall Street Journal

peso by Guanatos GwynMexico is attracting record levels of foreign investment, boasts a stable economy and is becoming an export powerhouse in areas like cars and aerospace. But when it comes to one economic measure—its minimum wage—the country lags behind only Haiti in the hemisphere.

That may soon change. On Thursday, Mexico City’s leftist Mayor Miguel Ángel Mancera submitted a bill to Congress seeking to lift the federal minimum wage to 82.86 pesos a day ($6) for 2015, a 23% increase from the current 67 pesos in Mexico City and enough to buy a basic basket of foods.

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Mexico’s ICA wins $197 mln contract to build tunnel

August 20, 2014

08/19/14 Reuters

construction-workersMexico’s largest construction company, ICA, said on Tuesday it won a 2.566 billion-peso ($197 million) contract to build a tunnel aimed at reducing flood risks in the center of the country.

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Mexico Seeks Bids for Bullet Train

August 19, 2014

08/15/14 The Wall Street Journal

Photo by Heraldicos

Photo by Heraldicos

The Mexican government on Friday launched a bidding process for the construction of a passenger railway to connect Mexico City with the central city of Querétaro, as it seeks to return interstate rail travel to the country for the first time in decades.

The bullet train, which is expected to require investment in excess of $3 billion and go into operation in late 2017, is one of several passenger railways proposed by the administration of President Enrique Peña Nieto.

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In Mexico, Street Vendors Trump Retailers in Tough Times

August 19, 2014

08/18/14 Bloomberg

marketAs crowds of people make their way through the twisting aisles of one of Mexico City’s largest street markets on a Sunday morning, customers fight for room to peruse everything from blenders to mobile phones to jeans.

These shoppers are choosing cheaper, tax-free, used or contraband merchandise over visiting shopping malls or department stores like Sears, owned in Mexico by billionaire Carlos Slim’s Grupo Sanborns SAB. (GSANBOB1) Competition from so-called informal vendors is part of the reason Mexico’s retail association reported an increase of only 0.7 percent in same-store sales in July, missing the 1 percent average increase estimate of analysts compiled by Bloomberg.

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Inside La Nueva Viga in Mexico: the world’s second largest fish market

August 18, 2014

08/18/14 ABC Australia

Photo by Flickr user Worldsurfer

Photo by Flickr user Worldsurfer

It’s the second largest fish market in the world, following Tokyo’s famous Tsukiji Market.

But unlike Japan’s fish market, and others like the Sydney Fish Market, La Nueva Viga is located hundreds of kilometres from the coast.

The market is the largest in Latin America and based in Iztapalapa in Mexico’s capital.

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