Chinese Steel Imports Cause Industry Rift in Mexico

July 10, 2015

7/9/15 Wall Street Journal

via Flickr - Dave Parker

via Flickr – Dave Parker

The Mexican government’s recent decision to impose anti-dumping duties on some key steel imports from China has sparked a rift between the country’s steel and automotive industries, reigniting a debate over whether Mexico should adopt a more protectionist stance over trade policy.

On Thursday, the government announced several additional measures to support domestic steelmakers, including strengthening customs controls to block the entrance of illegal steel. But authorities stopped short of meeting local industry demands for a 15% blanket tariff on all steel imports from China. Mexico doesn’t apply import tariffs on steel.

As a result of the global steel glut caused by falling demand and excess output by China, Mexican steel producers have announced thousands of layoffs and have been lobbying in recent weeks for the imposition of tariffs.

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Mexico unveils new measures to protect struggling steel industry

July 9, 2015

7/8/15 Financial Express

technicians making repairs - industry job trainingMexico unveiled news measures to protect its struggling steel industry on Wednesday as slack global demand, oversupply from China and cheap imports from Russia have hammered steelmakers in Latin America’s second largest economy.

The measures come a month after Mexico imposed provisional import duties on hot-rolled steel from Germany, China and France amid an anti dumping investigation.

Later in June, the government announced import duties on cold-rolled steel sheet from China.

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Mexico Is Hacking Team’s Biggest Paying Client — By Far

July 8, 2015

7/8/15 Vice News

typing on computer keyboardMexico is by far the biggest paying client of Hacking Team, the Italian cyber-surveillance firm now at the center of a massive hack of its internal data, documents show.

The country has paid more than $6.3 million to help it spy on its targets, topping the nearest state client Italy by $1.9 million. A graph leaked online and linked to the firm shows Mexico, Italy, and Morocco are the highest paying clients of Hacking Team, followed by Saudi Arabia, Chile, and Hungary.

At least 14 Mexican states and government agencies have hired the company’s services since 2010, with Mexico’s interior ministry being the most recurrent client.

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July 7, 2015

7/5/15 Breitbart

drug_violence_mexico1A group of athletes from this border city were kidnapped by an armed commando. The victims included two teenagers, a coach, and a parent. The kidnapping occurred as the group tried to drive to the Telmex National Baseball Tournament in the Mexican city of Queretaro.

The group had been driving on June 28 and was stopped by a group of cartel gunmen near the town of Jaumave in the southern part of Tamaulipas, an area under the control of Los Zetas.

The teenagers played with the Niños Heroes and Trevino Kelly baseball leagues in this border city.

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Mexico Gross Fixed Investment Rises 5.2%

July 7, 2015

7/4/15 Latin American Herald Tribune

5504964078_df874cacb5_zGross fixed investment in Mexico climbed 5.2 percent in April compared with the same month in 2014, the National Institute of Statistics and Geography, or INEGI, said Friday.

The increase was due to a 4.2 percent hike in construction spending and an advance of 7.9 percent in outlays on machinery and equipment, INEGI said in a statement.

On a seasonally adjusted basis, gross fixed investment edged up 0.4 percent from March to April, powered by gains of 2.4 percent in expenditures on machinery and equipment and 0.4 percent in construction spending.

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Sites in Japan, Turkey, Mexico, Uruguay inscribed on UNESCO’s World Heritage List, extension of Spanish site approved

July 6, 2015

07/06/15 UNESCO World Heritage Centre

youth holding globeThe World Heritage Committee this afternoon approved the inscription of four cultural sites on the World Heritage List: Sites of Japan’s Meiji Industrial Revolution: Iron and Steel, Shipbuilding and Coal Mining in Japan, Ephesus in Turkey, Aqueduct of Padre Tembleque Hydraulic System in Mexico, and Fray Bentos Cultural-Industrial Landscape in Uruguay. The Committee also approved the extension of Spain’s Routes of Santiago de Compostela with the addition of the “Camino Francés and Routes of Northern Spain”.

To find out more about  the new sites read more…

At An Asylum In Juarez, ‘We Believe In Hope’

July 6, 2015

07/06/15 NPR

map_ciudad_juarez11Fifteen miles past the city limits of Juarez, an insane asylum serves as the last stop for a group of indigent and mentally ill people. It’s called Vision en Accion, or Vision in Action, and it sits like a citadel in a filthy desert dotted with dumps and junkyards, in an area haunted by years of violence from the drug cartel wars that claimed more than 11,000 lives. A few of the asylum’s 120 residents live behind bars in tiny, solitary cement cells. You can hear them moaning or screaming at times. But most of the people here spend their time doing chores and relaxing in an open courtyard. They’re tended to by the evangelist pastor who built the shelter, Jose Antonio Galvan.

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