However, the medium and long term are full of challenges, such as underemployment, poverty and inequality, raises Juan Carlos Moreno-Brid, deputy director of Cepal (ECLAC) in our country.

Mexico City • Although gross domestic product of Mexico is expected to see a growth of 3 percent for 2012, the economy and the country has many tools that account for its stability, (more…)

The judge said Mexico’s constitution prohibits double jeopardy and thus prevents extraditing a citizen for trial in another country on charges they already faced at home. (more…)

Members of Congress want to see whether White Gun, like Fast and Furious, lost track of firearms that ended up with Mexican drug trafficking criminals.
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Even after getting a downgrade today and thus losing the AAA rating from S&P , French companies will continue with expansion plans in Mexico.

Nationally, France has over 400 companies with investments of 13 billion euros, which generate 90,000 jobs, with sales amounted of One Billion euros, said the French Minister of Economy, Pierre Lellouche. (more…)

‘Mexico’s disciplined economic policies, improved external liquidity position as well as modest fiscal and external imbalances place the country in a good position to withstand the volatile international financial environment,’ said Shelly Shetty, Head of Fitch’s Latin America Sovereigns Group. External resilience will be supported by a stronger international reserves position than pre-crisis levels as well as access to the sizeable IMF’s Flexible Credit Line. read more (more…)

The Mexican airline Volaris signed a contract with the European aircraft manufacturer Airbus for the purchase of 44 aircraft in order to significantly increase its capacity and meet national and international market demands.

According to information from the company, the transaction “is the largest” by a national company, The deal amounts to the largest single commercial aircraft order ever by an airline in Mexico, which is valued at an investment of close to 4.4 Billion dollars. (more…)

While the United States and Canada fell 5% attendance compared to 2010, in Mexico the situation was reversed and even broke through the 200 million attendees and thus was a great year for Mexican cinema, even with lowered ticket price.  According to the National Film Industry and Videogram (Canacine), the total attendance at movie theaters in Mexico reached 205.2 million viewers. (more…)

On  January 5th the Board of Directors of Petróleos Mexicanos will decide it’s new strategy towards Repsol. Among the decisions it could take is raising its stake or sell part of it’s interest in the Spanish oil company. (more…)

Today the Bank of Mexico (Banco De Mexico) reported that international reserves ended the year with gains of unprecedented levels.

The international reserves ended the year with a total balance of 140 Billion. (more…)

Embratel , The Brazilian subsidiary of America Movil, a conglomerate controlled by Mexican billionaire Carlos Slim will invest 10 billion reais (about 5.4 billion dollars) in 2012, reported the newspaper Folha de São Paulo.

This amount exceeds the investments of 9.4 billion reais ($ 5.80 billion) accumulated this year form the other top three telecommunications companies: the mobile operator Claro, fixed telephony network Embratel and Net cable television. (more…)

MEXICO CITY, December 26, 2011 .- The cement prices in Mexico increased 13.4% in December over the same month last year, bringing the main input for the building was located on average at around 2.329 pesos per ton, although Cemex marks were placed with the highest price in pesos and Holcim 2.478 was the cheapest to be marketed in 2.352 pesos. (more…)

The 10 year Angie singing, the 15 year-old Abelardo who plays guitar, bass and piano and the 13 year old Gustavo Vazquez who plays drums.

Ten-year-old Angie Vazquez has become an Internet phenom belting out a soulful cover of Brit pop star Adele’s “Rolling in the Deep.” In an online video seemingly shot at home, her teenage brothers Abelardo and Gustavo play the keyboard, guitar and drums. (more…)

The couple seems to have come to have a friendly relationship and they published photos of your family you are on vacation in a unidentified tropical setting.

It’s a big change from a year ago, when Sheen was in the middle of the consequences of his famous adventure hotel in New York. And just as last April, when Richards said she and Sheen were “not in the best place” but that they were communicating. (more…)

The Mayan groups, descendants of the ancient culture and living in several states in southeastern Mexico, celebrated with various ceremonies today the beginning of last year of the current era ending on June 21, 2012 .

In a ceremony at the El Rey archaeological zone in Cancun, Mayan priests and several leaders who keep their traditions to their gods sought permission for the celebration, an event that marked the beginning of the celebrations for the last twelve months of the current Maya era. (more…)

President Felipe Calderon is convinced that “this is the hour and the decade of Latin America” ​​The president said the world is at a complex moment that calls for clear and sustained regional growth.

In opening the Second Summit of the Pacific Alliance, the Mexican president said it is estimated that by 2012, average growth across the European Union is “zero percent” and for the U.S. and Japan will be “modest.” (more…)