Upcoming Event! Economics and Transparency: Meeting the Challenge in the Americas

May 21, 2015

justice - gavel and bookWHEN: Tuesday, June 9, 1:30-5:00pm

WHERE: 6th Floor Auditorium, Woodrow Wilson International Center for Scholars

RSVP HERE.

Throughout much of Latin America, the “golden years” of economic growth during the last decade’s commodity boom have given way to economic decline or stagnation. At the same time, a mobilized citizenry is demanding better government performance. These two factors have focused unprecedented attention on rule of law deficits and official corruption. Meanwhile, relations among countries of the hemisphere have grown more complex. As much as the region has welcomed the normalization of U.S.-Cuban relations, the options for international insertion now extend far beyond the Western Hemisphere.

1:30-1:45pm: Keynote Remarks
The Honorable Juan Gabriel Valdés, Ambassador of Chile to the United States

1:45-3:15pm: Combatting Corruption and Building the Rule of Law
Alejandro Ponce, World Justice Project

Carlos Fernando Chamorro, Confidencial, Nicaragua

Eduardo Bohórquez, Transparencia Mexicana

Paulo Sotero, Director, Brazil Institute, Wilson Center

Moderator:
Daniel Zovatto, IDEA Internacional, Costa Rica

3:15-4:30pm: Hemispheric Relations in Leaner Times: What is the Path Forward?
Ambassador Gil Rishchynski, Ambassador of Canada to the United Nations

Roberto Russell, Universidad Torcuato di Tella, Argentina

Richard Feinberg, University of California, San Diego

Maria Hermínia Tavares de Almeida, Centro Brasileiro de Analise e Planejamento, São Paulo

Moderator:
Cynthia Arnson, Director, Latin American Program, Wilson Center

4:30-5:00pm: Closing Keynote
The Honorable Roberta Jacobson, Assistant Secretary of State for Western Hemisphere Affairs

*There will be a live webcast of this event. 


Upcoming Conference! Building a Competitive U.S.-Mexico Border

May 19, 2015

Border - Roadsign pointing between Nogales, mexico and TucsonWHEN: Wednesday, June 17, 2015, 8:00am-4:00pm

WHERE: 6th Floor Auditorium, Woodrow Wilson International Center for Scholars

RSVP HERE.

The Wilson Center’s Mexico Institute, Border Trade Alliance, and the Asociación de Empresarios Mexicanos invite you to our second annual high-level “Building a Competitive U.S.-Mexico Border” conference this year, focusing on improving border management in order to strengthen the competitiveness of both the United States and Mexico. Specific emphasis will be put on border and transportation infrastructure, growth in the energy sector, innovation, and the need for efforts that simultaneously support security and efficiency in border management.

Confirmed Speakers (Additional speakers will be added to the program):

  • Senator John Cornyn (TX), Majority Whip, United States Senate
  • Ambassador Alejandro Estivill, Chargé d’Affaires, Embassy of Mexico
  • Congressman Henry Cuellar (TX-28)
  • Congressman Will Hurd (TX-23)
  • Geronimo Gutierrez, Director, North American Development Bank
  • Omar Garcia, President & CEO, South Texas Energy & Economic Roundtable
  • Jose Martin Garcia, Representative of the Mexican Treasury and Tax Administration Service in Washington, DC
  • Ricardo Alvarez, Professor, CETYS University, Baja California
  • Jesse Hereford, Chairman, Border Trade Alliance, Director of Business Development, S&B Infrastructure
  • Duncan Wood, Director, Mexico Institute, Wilson Center
  • Christopher Wilson, Senior Associate, Mexico Institute, Wilson Center

Click here for more information.

*A live webcast will be available.


Mexico luring new auto plants

April 30, 2015

04/30/15 The Columbus Dispatch

iStock_000008876270MediumMexico has become the most-attractive place in North America to build auto factories, a shift that has siphoned jobs from the U.S. and Canada while also helping to keep car and truck prices in check for consumers. In the past two years, eight automakers have opened or announced plants or expansions in Mexico. Earlier this month, Toyota announced a plant in Guanajuato that will build the popular Corolla — work now done in Canada — while Ford unveiled plans for Mexican engine and transmission factories. Honda opened a plant last year in Celaya, Guanajuato, that builds the Fit subcompact and HR-V crossover. The $800 million assembly plant is Honda’s eighth in North America, adding to capacity that includes two plants in central Ohio.

Read More… 


Pena Nieto Gets Mexico Central Bank Boost After Budget Cuts

April 30, 2015

04/25/15 Bloomberg

finance-market_dataThe Mexican government will receive 31.4 billion pesos ($2.1 billion) in special revenue from the central bank, allowing a spending boost as falling oil prices prompt budget cuts. President Enrique Pena Nieto’s administration will propose channeling the funds to joint infrastructure investments with the private sector next year, the Finance Ministry said in a statement today. The revenue comes from the central bank’s 2014 operational surplus. Mexico’s government, which gets a third of its revenue from oil, is cutting spending after a 46 percent decline in the price of crude since June. After paring this year’s outlays by 124.3 billion pesos, or 0.7 percent of gross domestic product, Mexico will reduce spending by an additional 0.7 percent of GDP next year, the Finance Ministry said March 31.

Read More… 


Mexico’s Walmex Reports Higher 1st-qtr Profit

April 22, 2015

Reuters, 4/21/2015

Photo by Flikr user elmadaMexico’s biggest retailer, Wal-Mart de Mexico, on Tuesday reported a 9 percent increase in its first-quarter profit as sales across its stores picked up.

The company reported a profit of 5.174 billion pesos ($339 million), compared with a profit of 4.75 billion pesos in the year-earlier period.

Read more…


Mexico Bans Poultry, Egg Imports From Bird Flu-Hit Iowa

April 22, 2015

Fox News, 4/22/2015

Mexico, the biggest buyer of U.S. chicken, has halted imports of live birds and eggs from the U.S. state of Iowa due to an outbreak of deadly bird flu there, the Mexican government said on Tuesday.

Mexico and other major countries last month imposed new export restrictions on poultry products from various U.S. states, but a new outbreak has hit top U.S. egg-producing state Iowa.

Read more…


Videgaray Says Mexico to Hedge 2016 Oil Exports, Limit New Debt

April 20, 2015

4/18/2015 Bloomberg Business

luis videgarayMexico will hedge its 2016 oil exports to protect against lower prices even with crude near a six-year low, and the nation has little room to increase its debt to avoid spending cuts, Finance Minister Luis Videgaray said.

“There are certainly lower prices that can happen and could represent risk, so yes we will hedge,” Videgaray said in an interview Saturday in Washington. “Certainly it will not be a hedge at the price we were able to get for this year’s hedge, but we’ll take what the market gives us.”

Read more…


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