Mexico October factory exports soar by most in five-years

November 26, 2014

11/26/14 Reuters 

Reuters/Tomas Bravo

Reuters/Tomas Bravo

Mexican factory exports expanded by the most in over five years last month while consumer imports also rose, in a sign that a recovery in Latin America’s No. 2 economy may be gaining steam. Factory exports jumped 5.38 percent in October from September in seasonally adjusted terms off a contraction the prior month, the national statistics agency said on Wednesday, marking its biggest jump since August 2009. The rise was fueled by a 8.5 percent increase in auto exports, its best showing since February, and a 3.93 increase in non-auto factory exports. Most of Mexico’s exports are manufactured goods and nearly 80 percent of its exports are sent to the United States.

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Publication: Fostering Innovation in Mexico

November 25, 2014

November 2014 Mexico Institute

By Duncan Wood, Christopher Wilson, Alejandro Garcia

Innovation2Mexicans are creative and entrepreneurial. Some of the world’s most notable and widely-used technologies have their roots in Mexico. Mexican chemist, Luis Miramontes, for instance, co-invented the progestin used in the first contraceptive pills. Mexican engineer, Guillermo González Camarena received the world’s first patent for the color television. And Mexican writer, Victor Celorio invented InstaBook, the technology that produces a perfect-bound book in one step and just two minutes. Mexico has a fine tradition of science and innovation, and President Enrique Peña Nieto is right to say, “Mexico should recognize, value, and take advantage of the great value of our human resources.” It is the Mexican entrepreneur that has been and will continue to be the strength of the nation’s economy and the driver of innovation.

To increase understanding of the benefits and challenges of innovation and to aid in the development of policy recommendations that encourage innovation in Mexico, the Mexico Institute of the Woodrow Wilson International Center for Scholars held a High-Level Innovation Forum for Policymakers in November 2013. The forum covered several topics related to innovation, including: entrepreneurship, financing innovative businesses, regulation, spillovers between universities and companies and the role of small and medium enterprises (SMEs). Questions examined at the forum included: How has the global economy changed, and what does it mean for innovation? How should we be thinking about innovation? What conditions are necessary for innovation to thrive? How can we attract greater investment for innovation activities? What types of government policies and regulations can strengthen innovation? How can we better integrate science and technology into practical applications? What are the barriers to innovation, and how can we overcome them? This publication summarizes the main themes of the conference and highlights some lessons learned (the publication is available both in English and Spanish).

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Mexico’s Missing Students: Growing Demands for Answers and Justice

November 25, 2014

11/20/14 Wilson Center on Demand 

MIGUEL TOVAR / LATINCONTENT / GETTY

MIGUEL TOVAR / LATINCONTENT / GETTY

It’s been two months since the arrest and disappearance of a group of Mexican students, and anger and demands for answers and justice continues to grow. What does this tragic situation tell us about security in Mexico? And has government and law enforcement, at all levels, responded effectively? These are just some of the questions addressed by Mexico Institute Director Duncan Wood during this episode of NOW.

Watch here: http://bit.ly/1r2swln


Billionaire Slim’s Workers Stage Walkout in Support of Students

November 20, 2014

11/20/14 Bloomberg 

Ronaldo Schemidt/AFP - Getty Images

Ronaldo Schemidt/AFP – Getty Images

Employees of billionaire Carlos Slim’s telephone company plan to join relatives of 43 missing college students to protest the government’s response to the mass disappearance in Iguala, Mexico. The union at America Movil SAB (AMXL)’s Telmex landline unit will hold a 24-hour walkout and called on members to join demonstrators in Mexico City’s central square, union chief Francisco Hernandez said. The marches are scheduled for this afternoon. “We can’t turn our gaze away and pretend this doesn’t concern us,” Hernandez said in a video message to Telmex employees yesterday. “We have to look for solutions not just for the disappeared young people so that this tragedy never happens again, but also to lead this country on a path to have justice, to eradicate impunity and corruption.”

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Take Mexico off the ‘safe list,’ immigration protesters urge

November 20, 2014

11/19/14 Leader Post

canada mexicoRaul Gatica Bautista fled Mexico for Canada in 2005 with a bullet wound in his stomach and scarring on his face, grim testaments to the abuse the indigenous rights activist says he suffered at the hands of the Mexican police. Canada accepted him as a refugee then, but Gatica Bautista says this country would turn him away today because of changes last year that placed Mexico on a list of 42 countries deemed safe by the federal government. Asylum seekers from these countries have fewer appeal options and are deported faster than refugee claimants from other countries. On Wednesday, Gatica-Bautista and groups of protesters in several cities called on the federal government to take Mexico off the so-called “safe list,” citing the recent disappearance and possible massacre of 43 teaching students in rural Mexico and the ongoing persecution of indigenous rights activists. The group No One is Illegal has launched a similar petition.

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Mexico at breaking point as anti-government anger escalates

November 20, 2014

11/19/14 The Guardian 

AFP

AFP

Mexico is facing an escalating political crisis amid growing fury over a mansion built for the presidential family and the disappearance and probable massacre of 43 student teachers. The two apparently unrelated issues have fed the widespread perception that unbridled political corruption is the underlying cause of the country’s many problems – ranging from stunted economic growth to a breakdown of law and order that has left parts of the country at the mercy of murderous drug cartels. “The drama of Mexico is about impunity,” said leading political commentator Jesús Silva-Herzog. “This is not about the popularity or unpopularity of the president, that is irrelevant. It is about credibility and trust and, at its root, it is about legitimacy.”

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BMW says its Takata inflator work moving from Mexico to Germany

November 20, 2014

11/19/14 Reuters

Washauto06_bmw_325_AudeVivereTakata plans to shift production of BMW air bag inflators from Mexico to Germany, the automaker said on Wednesday in a filing with U.S. safety regulators who have been probing questions about the quality of manufacturing at the plant. Automakers that use the Takata inflators, including Toyota Motor Corp, warned that it was not feasible to switch to other suppliers to meet demand for replacement parts. The Takata inflators are at risk of blowing up with too much force and spraying occupants with metal shrapnel. Germany’s BMW said in a filing posted online by U.S. safety regulators that it is supporting efforts by Takata to shift inflator production from its plant in Monclova, Mexico, to another Takata plant in Freiberg, Germany. The U.S. National Highway Traffic Safety Administration is investigating Takata inflators linked to at least five deaths.

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