Author: Staff

Americas: Mexico’s moment | The Economist

Posted by | Dec 12, 2012 | |

The continuing global economic slowdown has taken its toll on world development, severely affecting most advanced economies. According to the International Labour Organisation, 600m productive jobs will have to be created around the world over the next decade in order to generate sustainable growth and maintain social cohesion.Whereas growth in the emerging world has slowed down, major developing economies like Mexico continue to boast solid foundations for future growth and social progress, and the evidence can be found in their quick recovery from the global crisis that erupted in 2007-08. Experts from the financial industry, including Goldman Sachs and Nomura, predict that, by 2020, Mexico’s economy will be among the ten largest in the world. Yet despite these positive developments and forecasts, too many Mexicans remain trapped in poverty and afflicted by high levels of violence and corruption.via Americas: Mexico’s moment | The...

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We need a strategic pivot to Latin America | Shadow Government

Posted by | Dec 12, 2012 | |

Last week, ahead of President Obama’s meeting with the Business Roundtable, the Roundtable and the U.S. Council for International Business released a report saying that, “the success of American companies, and of the U.S. workers they employ, increasingly hinges on their success as globally engaged companies.”Indeed, there is some optimism in Washington that President Obama, free from political constraints in his second term (i.e., Big Labor opposition to free trade), can implement a robust international trade agenda as a sure-fire way to create new jobs at home, markets for U.S. goods and services, and investment opportunities abroad.  Much of that talk is focused on action regarding the Trans-Pacific Partnership and a trans-Atlantic free-trade agreement with Europe.We have just co-authored a paper for the American Enterprise Institute — “An action plan for US policy in the Americas” — the essence of which can be distilled down to the following: Mr. President, stop ignoring Latin America!via We need a strategic pivot to Latin America | Shadow...

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Guest post: Mexico – the North American shale revolution heads south | beyondbrics

Guest post: Mexico – the North American shale revolution heads south | beyondbrics

Posted by | Dec 11, 2012 | |

The North American shale gas revolution, currently confined to the US and Canada, could soon spread south to Mexico. Political decisions awaiting incoming President Enrique Peña Nieto will shape the timeline for the development of domestic shale resources. This timeline will in turn have ramifications on energy markets in the US, as well as the rest of the world. If Peña Nieto successfully opens the sector to private investment, US and Canadian firms with expertise in exploiting shale oil and gas will rush into Mexico. Nevertheless, regardless of the trajectory of its shale gas sector, Mexican imports of US...

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Beyond NAFTA: Shaping the Future of North American Integration within the Global Economy | Global Research

Beyond NAFTA: Shaping the Future of North American Integration within the Global Economy | Global Research

Posted by | Dec 11, 2012 | |

In a move that signaled the importance placed on the NAFTA partnership, Mexico’s new president visited the U.S. and Canada before his inauguration. This was seen as a step forward in further strengthening political, economic, energy and security ties between all three countries. Other recent high-level meetings and policy papers are also shaping the future of North American integration.Before his recent trip to the U.S., Mexico’s new President Enrique Pena Nieto emphasized in a Washington Post editorial the opportunity both countries have to build on their economic partnership. He explained that, “in NAFTA we have a solid foundation to...

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Mexico’s President Says He’s Not Backing Down From Drug War | Fox News Latino

Posted by | Dec 11, 2012 | |

ewly elected President Enrique Pena Nieto announced he will continue combating against illegal drug production and trafficking in Mexico, despite the legalization of marijuana in two U.S. states, as well as liberalized use for medical purpose in others.When asked if votes to legalize recreational use of marijuana in Washington state and Colorado would make him rethink Mexico’s drug war-policy, Pena Nieto stated that “the short answer is no,” also adding he remains personally opposed to legalization.“My government will continue mounting a real fight against the trafficking of marijuana and all other drugs,” said Pena Nieto.Instead, he has proposed focusing on reducing violence in Mexico rather than capturing top drug lords, a change from his predecessor, Felipe Calderon. Many have view that as a signal that as long as drug gangs don’t attack civilians, they would be left alone.via Mexico’s President Says He’s Not Backing Down From Drug War | Fox News...

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