Mexico: Investors’ new China – MarketWatch

Mexico: Investors’ new China – MarketWatch

Nov 6, 2012 | | 0 |

apart from the serious immigration issues brought on by a huge land border, Mexico’s proximity to the U.S. — as well as intertwined cultural heritage — offer serious investment opportunities for believers in free trade.Mexico is the only up-and-coming emerging market that has such close economic connection to the U.S. With a growing population of 108.6 million, Mexico sends 78.7% of its exports to America and gets 49.8% of its imports from here. The only other economy with such economic leverage to the U.S. is Canada, yet it is well-developed and has a completely different investment climate.via Mexico: Investors’...

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Why Mexico Is Rooting for U.S. Pot Legalization – Tim Fernholz – The Atlantic

Nov 6, 2012 | | 0 |

Mexico and the U.S. are tightly entwined economically — and this is as true of the illegal economy as the legal one. If popular ballot measures to legalize marijuana in Colorado, Washington and Oregon pass on November 6, a respected Mexican think tank says that it will hit the cartels where it hurts: In the pocketbook, to the tune of several billion dollars. While tough police and military operations on both sides of the border have largely failed to slow the cartels, legalization would be “the biggest structural shock suffered by drug trafficking in Mexico since the massive arrival of cocaine in the late eighties,” the researchers wrote.via Why Mexico Is Rooting for U.S. Pot Legalization – Tim Fernholz – The...

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August Surface Trade with Canada and Mexico Rose 2.6% – TruckingInfo.com

August Surface Trade with Canada and Mexico Rose 2.6% – TruckingInfo.com

Nov 6, 2012 | | 0 |

Trade using surface transportation between the United States and its North American Free Trade Agreement partners, Canada and Mexico, was 2.6% higher in August 2012 than in August 2011. Trade totaled $82.5 billion, unadjusted for inflation, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation. Adjusted for inflation and exchange rates, the August 2012 total was $60.5 billion in 2004 dollars, up 5.2% from August 2011.via TruckingInfo.com : Weve got trucking covered. Your Source for Trucking News and...

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Pre-Election Analysis: What Do Obama and Romney Have to Say About Mexico? – Forbes

Nov 5, 2012 | | 0 |

Although neither candidate dedicated much time to Mexico during any of the debates this year, both Barack Obama and Mitt Romney have made comments about their policies on immigration, security, and trade issues regarding Mexico. Both candidates have also spoken about the increasingly important trade relationships the U.S. has with countries throughout Latin Americavia Pre-Election Analysis: What Do Obama and Romney Have to Say About Mexico? –...

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Pemex/Petrobras: a tale of two state oil companies | beyondbrics

Nov 5, 2012 | | 0 |

Yet the improvement in Pemex made no impact, however, on the price of its shares, because it doesn’t have any. Pemex is much more like a government department than a business, state-owned or otherwise.But Enrique Peña Nieto, who is due to be inaugurated as Mexico’s president on December 1, has indicated that he wants Pemex to adopt something like the Petrobras model, where the state company competes in its home and foreign markets with others from the rest of the world.Pemex enjoys a state monopoly in Mexico, which absorbs all of its capital spending. So no overseas ventures for the Mexican company and no competitors on the home front.How exactly Peña Nieto plans to change Pemex is far from clear. In broad terms, though, he has spoken not of a straightforward privatization but rather of a Mexican market in which Pemex competes with the private sector as well as state companies from other countries.That may sound straightforward. But, though many Mexicans support Peña Nieto’s view, others believe that all oil and gas must remain state property, as the Constitution currently demands.via Pemex/Petrobras: a tale of two state oil companies |...

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