Author: Staff

Mexico Peso Falls Most in a Month as Spain Downgraded by S&P – Bloomberg

The peso extended declines as S&P downgraded Spain two levels to BBB-, the lowest investment rating and one notch below Mexico’s BBB grade, citing mounting economic and political risks. European turmoil and concern about how it would weigh on global growth and the overall market for the Latin American country’s exports helped make the peso the worst-performing major currency in the region last year.via Mexico Peso Falls Most in a Month as Spain Downgraded by S&P –...

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RIGZONE – Mexico Finds Second Oil Deposit in Deep Waters of Gulf

MEXICO CITY – Mexicos state-owned oil company Petroleos Mexicanos, or Pemex, has found a second significant crude-oil deposit in the deep waters of the Gulf of Mexico, President Felipe Calderon said Friday.With the new “Supremo” deposit, Pemex expects to book new oil reserves of up to 125 million barrels, using the broadest measurement of proven, probable and possible, or 3P, reserves, Mr. Calderon said at a press conference.via RIGZONE – Mexico Finds Second Oil Deposit in Deep Waters of...

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Latin America’s Growing Social Network | LatIntelligence

In 2000 only 8 million Latin Americans were active online. Today that number has ballooned to 129 million regular users—more than a 1000 percent increase—with almost all 127 million signing in to their social media accounts at least once a month. The number of absolute and relative users differs by country, but the upward trend has been steady across the region, led in sheer number by Brazilians and in time dedicated by Argentineans and Chileans 10 hours and 8.7 hours a month respectively.via Latin America’s Growing Social Network |...

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Mitt Romney would preserve President Obama’s executive order protecting young illegal immigrants from deportation – Political Intelligence – A national political and campaign blog from The Boston Globe – Boston.com

Mitt Romney would not revoke temporary deportation exemptions granted to young illegal immigrants under an executive action by President Obama, but he also would not issue new protective documents if elected.“The people who have received the special visa that the president has put in place, which is a two-year visa, should expect that the visa would continue to be valid,” Romney told the Denver Post in an interview published Tuesday, a day ahead of the first presidential debate of the general election, which will be held in that city and cover domestic policy, possibly including immigration.via Mitt Romney would...

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