Author: Staff

Evolution of Latin America’s Economies | LatIntelligence

Posted by | Oct 17, 2012 | |

Out of Latin America’s biggest economies, Mexico has transformed the most. In the 1980s the manufacturing sector comprised just 10 percent of total exports; today it is over 75 percent. Mexico’s economic diversification and dynamism, especially in the automotive and electronic industries, have held oil at a steady 10-15 percent of exports for the last twenty years, even as oil prices have risen (though, in fairness, production has also declined).via Evolution of Latin America’s Economies |...

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Mexico’s market shines as reforms, confidence take hold – The Globe and Mail

Posted by | Oct 17, 2012 | |

Canadians may think of Mexico as a country devastated by violence and drug-related crime. The stock market offers a far more optimistic view.Mexico’s bourse is the second-best performing major market in the world so far this year, lagging only Germany’s. The benchmark IPC index has soared 23.6 per cent in U.S.-dollar terms (20 per cent in Canadian-dollar terms), as investors have become increasingly convinced that cartel violence can’t derail Mexico’s economic growth.via Mexico’s market shines as reforms, confidence take hold – The Globe and...

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Mexico Yields Rise to Three-Week High on Reduced Refuge Demand – Bloomberg

Mexico Yields Rise to Three-Week High on Reduced Refuge Demand – Bloomberg

Posted by | Oct 17, 2012 | |

Mexico’s peso bonds fell, following Treasuries lower and pushing the Latin American nation’s yields to a three-week high, as better-than-forecast U.S. industrial output reduced demand for assets seen as a refuge.Yields on Mexico’s peso bonds due in 2024 rose three basis points, or 0.03 percentage point, to 5.45 percent at 4 p.m. in Mexico City, the highest close basis since Sept. 21, according to data compiled by Bloomberg. The price fell 0.31 centavo to 140.45 centavos per peso. The currency depreciated 0.2 percent to 12.8337 per dollar after touching a one-week intraday high of 12.7702.Demand for Treasuries and Mexican...

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Border Patrol Shooting Highlights U.S.-Mexico Tensions

Posted by | Oct 17, 2012 | |

José Antonio Elena Rodríguez’s family and friends carried his casket toward the border fence separating Nogales, Mexico from the Arizona city that shares it’s name, as U.S. police and Border Patrol agents looked on from the other side, according to a report from local paper El Diario de Sonora. About 200 people attended the Sunday service.via Border Patrol Shooting Highlights U.S.-Mexico...

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