Infographic: World Bank Index Challenges Perceptions of Mexico’s Most Business-Friendly Cities

March 25, 2015

taxes accounting business3/25/2015 Nearshore Americas

The World Bank’s ranking of the easiest and most difficult cities to do business in Mexico may come as a surprise to investors.

The nation’s capital, Mexico City, is the most difficult place to do business, while the relatively unheralded western city of Colima is the easiest, according to the latest Doing Business index. There is further bad news for more of Mexico’s most mature markets: the World Bank rates Guadalajara, widely known as “Mexico’s Silicon Valley,” as the eighth most difficult place to do business, while Monterrey, which is often described as the nation’s business capital, is only ranked the 16th easiest city to do business in.

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Mexico’s Baja Farmworkers Strike for Better Conditions

March 24, 2015

By Omar Millan, Washington Post, 3/24/2015

Migrant farmworkersSAN QUINTIN, Mexico — Workers at large, export-oriented farms in the Mexican border state of Baja California have led a week of violent protests over low pay, abuses and poor conditions, threatening a harvest that supplies millions of dollars worth of tomatoes, strawberries and other crops to the United States.

Burning tires and tossing rocks at vehicles, hundreds of farmworkers have blocked Baja’s main north-south highway on and off, and as many as 50,000 are believed to be on strike statewide as of Tuesday.

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GM to make next-generation Chevrolet Cruze in Mexico

March 24, 2015

03/23/15 Reuters

iStock_000008876270MediumGeneral Motors Co (GM.N) will build its next-generation Chevrolet Cruze compact in Mexico, the company said on Monday, as automakers look to expand in the Latin American nation to take advantage of low labor costs and free trade agreements. GM will invest $350 million to produce the Cruze at its plant in Coahuila, as part of the $5 billion investment in its Mexican plants announced last year. GM will continue manufacturing the model in Lordstown, Ohio. GM so far has identified only three plants that will make the next-generation Cruze, including in China.

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Mexico Nabs Suspected Zetas Cartel Figure Near Texas Border

March 24, 2015

Yahoo News, 3/23/2015

handcuffsMEXICO CITY (AP) — A suspected leader of the violent Zetas drug cartel who was on Mexico’s list of 122 priority targets for arrest was captured early Monday in a city on the Texas border, authorities said.

Ramiro Perez Moreno, 34, was arrested without any shots being fired in the city of Nuevo Laredo, across from Laredo, Texas, the Mexican navy said in a statement.

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Mexico Gov’t Still Eyeing 5 pct Growth in 2018

March 24, 2015

Fox News Latino, 3/23/2015

pesoMexican Finance Secretary Luis Videgaray said the government still expects a series of recent economic reforms will lead to growth of 5 percent by the end of President Enrique Peña Nieto’s six-year term in 2018.

“I don’t have the slightest doubt that Mexico will have sustainable average growth rates in that range,” Videgaray said in an interview published Monday by El Universal newspaper.

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Mexico Steps Up Migration Enforcement, But Is It Working?

March 24, 2015

By David Agren, USA Today, 3/21/2015

Immigration_and_Customs_Enforcement_arrestSALTILLO, Mexico — Eulio Iglesias, 50, spent eight days traveling through Mexico last year in a bid to cross into the United States before he was stopped at the Texas border and returned to his native El Salvador.

This year, the same attempted journey — an effort to get back to New York City where he worked in hotels and restaurants for 20 years, and still has children — took him twice as long. That’s because Mexican authorities have increased immigration enforcement, forcing him to ride rickety vans and buses down back roads, bribe police to avoid being detained and ply circuitous paths on foot to evade patrols and checkpoints.

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Mexico: Elite Police Officers Slain

March 24, 2015

By Paulina Villegas, New York Times, 3/20/2015

gun - crime sceneA new, elite federal police unit intended to be a premiere force against drug gangs suffered its biggest loss this week when five members were killed in an ambush, federal officials said Friday, raising questions among analysts about the unit’s training. The ambush, in Jalisco State on Thursday, left five other people dead, including two civilian bystanders and three of the presumed attackers, officials said. The officers belonged to the Gendarmerie, a 5,000-officer division of the federal police formed last year by President Enrique Peña Nieto to go after organized-crime groups hurting economic interests in various trouble spots in an effort to ease foreign investors’ concerns about safety. The officers were in a convoy patrolling an industrial corridor in Ocotlan when they came under gunfire from more than a dozen vehicles. It was unclear what prompted the attack.

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