So far this year, twice this year Mexico’s Central Bank “Banxico” has increased its position in international gold reserves to settle at 3.41 million fine ounces of gold equivalent to 6.2 billion dollars.

According to the report of international reserves which discloses the Bank of Mexico to the International Monetary Fund, in March were U.S. $ 4.6 billion, which rose 12.8% position, about $ 596 million, compared to the last data . (more…)

Venezuelan President Hugo Chavez on Tuesday thanked via the social network Twitter his Mexican counterpart, Felipe Calderon, for his good wishes and his speedy recovery from cancer while he is treated in Cuba. (more…)

Fiat seeks to conquer the Chinese market with the Fiat 500 limited edition “First Generation”.

The Italian brand of FIAT cars, introduced its Model 500 “First Edition”, a car manufactured at the plant in Toluca, Mexico, and was created exclusively for the Chinese market. (more…)

In compliance with a commitment to gender equity training the Mexican Army has started training 71 females for different specialties such as paratroopers for the first time in 22 years in order to serve in operational actions such as Special Forces and regular missions.

Rifle Brigade Paratroopers in Military Camp Number One opened its doors to the media to witness the training in four phases by women, who like the male sector do their training from physical training to mental training .
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According to the National Committee for Sustainable Development in Sugar Cane Harvest at the end of 2010-2011, there was a production of five million 183 000 500 tons of sugar, 7.4 percent, compared to 2009 Zafra -2010 who earned a total of four million 825 thousand 539 tons.

In a statement, adding that in the latter Zafra, covering October 2010 to June 2011, the sugarcane milling was 44 million 131 thousand 570 tons, 761 000 282 more than the same period the previous harvest. (more…)

Charlie Sheen’s ex-wife will head South (Mexico) to enroll in a “controversial” rehab program, where she will take a hallucinogen used to curb drug addiction and aid in the recovery process. Brooke Mueller hopes that the seven-day treatment in a Mexican clinic with the hallucinogen Ibogaine (more…)

The number of tourists Chinese who visited Mexico in the first five months of 2011 increased 32.8 percent over the same period in 2010, reported the official Xinhua news agency. China report said, citing data Ministry of Tourism of Mexico, the number of visitors from Russia in May rose to 58.1 percent over the first 5 months of 2010 and those from Brazil 40.9 percent. (more…)

Mexico’s auto production continued at a record pace in the first half of the year, with sales to Latin America growing at red-hot levels as export growth to the U.S. cooled a little, the Mexican Automobile Industry Association said Tuesday.

For the month of June, production was 11% higher compared with the year-ago month to 229,769 units, marking a record for any month of June and the second-highest level for any month ever, said AMIA President Eduardo Solis. June auto exports rose 6% to 188,223 vehicles. (more…)

Puebla .- To produce the second generation Beetle car plant in Puebla, the Volkswagen Group invested $400 million and employed 2,000 workers, said Walt Hubert, director of German company.

During the formal ceremony held to announce the production start of this model, which was considered the most emotional of the German company and attended by President Felipe Calderon Hinojosa, said the Puebla plant has produced 8.5 million vehicles from 1967 to date, with an annual production of 500,000 units on average in recent years. (more…)

Mexican women are the second most stressed of the world, after India, according to a recent study by market measurement company Nielsen.

The company, which examines patterns of consumption and use of media in the female sector in emerging and developed countries, reported that 74% of Mexican women reported feeling stressed most of the time. (more…)

The head of the Economic Commission for Latin America and the Caribbean (Cepal), Alicia Barcena, also predicted that the region is rich in raw materials, will have a record 4.1% expansion in 2012.

Gross Domestic Product (GDP) of Mexico, also would rise 4.0% this year and next, while Argentina to advance 8.3% in 2011 and 4.5% in 2012, according to Cepal. (more…)

Bal Group (Fresnillo Silver) in Fresnillo ,Zacatecas said it will invest 800 million in Mexico in 2011, an increase of 67.3% compared to last year.

Investments include the La Ventosa wind project in Oaxaca for 1.450 million, $ 246 million in mining exploration and 303 million in its mine The Saucito.

Fresnillo, controlled by billionaire Bailleres, is investing about $800 million this year, including $250 million to increase 2011 output of silver to 44 million ounces.

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The good performances of Mexican striker Javier “Chicharito” Hernandez continues to bear fruit, and on Tuesday became the top scorer in the world by accumulating 13 goals so far this year.

The International Federation of Football History and Statistics ( IFFHS ), which counts the goals that mark the continental tournament players with their clubs as well as those who make their selections said the Mexican striker from Manchester United leads with 13 points. (more…)

The company will expand its service of movies and TV shows over the Internet to Mexico and other countries in Latin America.

Netflix announced on Tuesday that this year it will bring movies and television programs online to dozens of countries in Latin America. It is the largest international expansion of Netflix Inc., which rents movies. (more…)

Establish storm warning area in Veracruz and Tamaulipas

Mexico’s National Weather Service sad a severe thunderstorm warning remains in effect for the Yucatan Peninsula and the Gulf of Mexico coast and in the Midwest. (more…)