Spokesman of the National Security Council said the federal government signed an agreement with the government of this institution to strengthen security with a duration of one year. (more…)

Larissa Riquelme will be seen in Playboy Mexico as how God brought her to the world, this time in a special edition Playboy 3D. The Paraguayan model has posed nude for the May edition of Playboy Mexico.

The Mexican edition of the Playboy magazine has the exclusive this month where you can see every curve of Larissa Riquelme in 3D. (more…)

Carstens clarified that Mexico is not abandoning the U.S dollar with it’s  purchase of gold  last week , only that Mexico has diversified it’s foreign reserves position. The governor of the Bank of Mexico (Banxico), Agustin Carstens, said that this strategy is not to flee the dollar.

At a press conference at the quarterly inflation report, Carstens also noted the growing fuel subsidy may have to be revised, and public insecurity has had effects on the economy, but nevertheless Banxico has improved Mexico’s projections for this year. (more…)

The head of the Ministry of Public Security (SSP) federal, Genaro García Luna, said it will seek to incorporate 2,100 young University grads into in the creation of the new Police Force in Ciudad Juarez, Chihuahua.

In trip to the border city, the official said that college graduates will be provided with methodologies in investigation and on gathering intelligence. The SSP will educate, train and seek to engage these young professional in creating a younger more educated security force. (more…)

By signing the decree on the reform of the Federal Law on Economic Competition, approved by Congress a few days ago, President Felipe Calderon said that there is a legal framework for “robust” to attack economic monopolies with jail time and fines against companies obstructing productive activity in Mexico, which will provide greater protection for consumers and lower prices. (more…)

The company said that the capital injection involves the building of plants for cooling and hydrofluoric acid, which will be completed in the next 12 months. (more…)

The Bank of Mexico (Banxico) made one of the largest purchases of gold in its history, in an attempt to diversify their assets over the possession of  the U.S dollar, given the weakness of that currency.

The purchase, made between January and March, includes nearly 100 tons of gold, equivalent to 4,500 billion at its current market price.

After several international media disclosed yesterday the acquisition of gold by the Banxico released a statement confirming that the purchase represents approximately 4% of international reserves, which at the end of March, settled in U.S. $ 128,261,000. (more…)

The Bank of Mexico could review next week its economic growth forecast for this year, said Friday the central bank governor of that country, Agustin Carstens, citing the strength of industrial activity in the United States.

Carstens said last month that growth of the Mexican economy this year may be inclined towards a higher forecast range of 3.8% to 4.8 percent. (more…)

Wulff talked about human rights: “We are confident that Mexico will manage to guarantee public order and protecting its citizens. We agree that the fight against organized crime can only be done while respecting our common values, which means that the rule of law can not tolerate the existence of lawless space, and we must ensure the full observance of human rights. ”

At the official reception, the German president said his country has a renewed interest in Latin America, and in this which is his first visit to the region, arrived in Mexico. (more…)

Mexican (FEMSA), the largest bottler of beverages in Latin America, today reported a consolidated net profit of 3,348 million pesos (288.6 million dollars) in the first quarter of 2011, which represented a growth of 8.3% over the same period of 2010.

FEMSA owns the second largest bottler of Coca-Cola products in the world in terms of sales volume, the largest chain of convenience stores (open 24 hours or free time) in Latin America (Oxxo) FEMSA also got a boost from its 20 percent stake in Dutch beer company Heineken. (more…)

Sales Increased over the same period of 2010, settling at U.S. $ 3.384 billion.

Monterrey, NL. Group Cemex said Friday its consolidated net sales for the first quarter of 2011 increased 11 percent over the same period in 2010, settling at U.S. $ 3.384 billion. (more…)

Weiss Ratings, a “independent” U.S. rating agency gave it’s rating report on 47 sovereign countries. And it’s ratings are very curious: On a scale between A-E China gets an (A) rating  , and is considered to have the most stable debt of the world, while the U.S. would get a (C) and Mexico has a (C) with Spain at an (E) for  junk. (more…)

Mexico’s Congress toughens punishments for monopolistic practices. The reform gives more tools to the Federal Competition Commission to combat monopolistic practices of any kind, allowing for penalties of up to 10% of company revenues, and sentenced to three to 10 years in prison in some of the most serious cases. (more…)

Alejandro Valenzuela, chief executive of the financial institution, said that the positive results obtained from January to March this year and added seven consecutive quarters of increases in earnings.

Mexico City .- Net income amounted to Grupo Financiero Banorte was 815 million pesos in the first quarter, which represented an annual increase of 15 percent. (more…)

Mexican President Felipe Calderon said  the Partnership with Latin America’s Pacific Rim countries is more powerful than that of the Mercosur trade group and it will link with “Democratic Governments” who believe in free trade and respect for the Human rights.

Lima. The presidents of Mexico, Chile, Colombia and Peru, all mining right, announced the creation of the Alliance for Latin American Pacific Rim, according to the president Felipe Calderón is more powerful than the Mercosur and links to “democrats” who believe in free trade and respect human rights. (more…)

In the first quarter of the year, Pemex reported a surplus of 6.3 billion dollars in its trade balance in crude oil, petroleum, petrochemical and natural gas, an amount 34% higher than reported in the same period 2010.

The total income captured by the foreign trade of hydrocarbons and their derivatives was higher in 3.723 billion dollars from the same period last year. (more…)

The governments of Mexico, Peru, Chile and Colombia will sign today the creation of Pacific Alliance for the consolidation of Latin America trade, with the aim of promoting greater integration in the region.

The presidents of Mexico, Felipe Calderón, of Chile, Sebastián Piñera, of Colombia, Juan Manuel Santos, and Peru, Alan Garcia, will hold a meeting for that purpose, after which it will issue a final statement and a message to the media communication. (more…)

The Senate approved by a general vote of 94 in favor, five against and eight abstentions of the Political Reform. (more…)

Since 2007 the state of Mexico is the second entity in the country when buying luxury cars, second only to the Federal District.

The National Institute of Statistics and Geography (INEGI) disclosed a new study of the Automotive Industry in Mexico’s 2010 luxury car sales. It is worth noting that until 2006 the state that was second place was Nuevo León. (more…)