Mexico wins it’s eleventh gold in the Pan-American Games, with Squash

Mexico Squash Team

Guadalajara • The Mexican squash team climbed to the top of the podium with gold after the win in the men’s team mode with two wins and one loss.

In the game, Which lasted 76 minutes, Cesar Salazar beat out Delierre Shawn with three sets to one and partial 9-11, 11-6, 11-6 and 14-12. Salazar lost the first set but in the following three sets he woke up and applied himself to the level he has shown in all the other competitions. (more…)

Carmen Molero: Luis Miguel humiliated me during a “foursome”

Carmen Molero

Spanish actress Carmen Molero called a press conference announcing she will undertake legal action against Mexican singer Luis Miguel, because she claims that the singer trampled on her dignity during a sexual encounter (foursome) they had in 2002, which Fonseca Adriana and another friend also participated. “I went from happiness to sadness, disappointment and fear, to having my dignity trampled,” she said to have  photos and video evidence that are being analyzed for her by lawyers. (more…)

Mexico will soon have it’s own agricultural commodity exchange

agricultural commodity exchange

The idea of ​​creating an agricultural commodity exchange in Mexico is not new and for a couple of decades the topic has been on the table , but now and possibly within a year Mexico could have a farmers’ market (Agricultural Commodity Exchange), in addition to providing greater transparency, it would be a source of learning and opportunities for agricultural producers in the country. (more…)

America Movil offered a total of 12 Billion Yen of three- and five-year samurai bonds in Japan

América Móvil Bonds in Yen

The Mexican telecoms giant America Movil looked to the Japan credit markets this week after issuing “Samurai” bonds of Y12 billion for three- and five-year this Friday in Japan.

It’s an unusual step for a Latin American company ,America Movil S.A.B. de C.V. (AMX.MX), a major wireless services provider in Latin America. (more…)

Mexico unemployment rate hits 5-month low in September to settle at 5.26%

Low unemployment in Mexico

MEXICO CITY (21/OCT/2011) .- The unemployment rate nationally stood at 5.68% in September of the Economically Active Population (PEA), similar to the rate recorded in the same month of 2010, 5.7% of the PEA, which represents about 2.7 million people. (more…)

Narco corrido singer Gerardo Ortiz was the big winner at the inaugural Billboard Mexican Music Awards, taking home six honors

Gerardo Ortiz

Hardcore narco corrido singer Gerardo Ortiz was the big winner at the inaugural Billboard Mexican Music Awards, taking home six honors, including Artist of the Year, New Artist of the Year, Male Artist of the Year, Albums Artist of the Year (for 2010′s “Ni Hoy Ni Mañana” and this year’s “Morir y Existir: En Vivo,” both out on Del Records/Sony) and Norteño Artist of the Year. Ortiz also won Vocal Event Song of the Year for “Culiacán vs. Mazatlán,” the Calibre 50 track where he was a featured artist. (more…)

Sedena: Infantry Battalion 105 will reinforce security in Tamaulipas

Mexican Army Special Forces

In the coming hours 652 elements Ministry of National Defense (Sedena) leave for the new facilities of the Military Unit in Ciudad Mier, Tamaulipas to strengthen the work against organized crime.

The Military Battalion that will move into Ciudad Mier is composed of five captains, 48 ​​officers and 599 infantry troop. (more…)

Wendy Gonzalez in H para Hombres

H Para Hombres Wendy González Fotos

The Mexican actress Wendy Gonzalez graces the cover of H para Hombres this month.

At a press conference the actress, who participates in the TV series Como dice el dicho said “the decision was difficult, because I’m from Monterrey , but I asked my dad for permission and he gave it.” (more…)

World Bank says Mexico making business easier

business-friendly ranking of the World Bank

The country advanced it’s  business-friendly ranking of the World Bank to # 54, because of  it’s regulation and transparency reforms has put it in a better position than Russia, India and China. “This year, Mexico has implemented three new reforms in business regulations, maintaining its lead over the BRIC countries, including Russia, India and China,” said the World Bank. (more…)

PEMEX director “Juan Jose Suarez Coppel”, questioned about the investment in Repsol

Juan Jose Suarez Coppel PEMEX

Pemex’s director, questioned by investment in Repsol.

Juan Jose Suarez Coppel, managing director of Petroleos Mexicanos (Pemex) has been unable to convince the Mexican deputies on the alleged benefits of the stock purchases by the Mexican oil company Repsol By which expanded its holdings in Spanish company from 4.8 to 9.8%. At a session lasting over three hours , in which the tone were complaints from opposition lawmakers, Suarez Coppel recognized that the Pemex Board of Directors  had expressed dissatisfaction at not being informed earlier of the controversial deal. (more…)

Cemex made a payment of $131 million today, bringing the total amount paid back to $7.66 billion

Cemex Truck

Cemex, one of the world’s largest cement companies in the world has prepaid part of it’s debt.

Cemex made a payment of $131 million today, bringing the total amount paid back to $7.66 billion, said Jorge Perez, a spokesman for the Monterrey, Mexico-based company. Cemex restructured the bank debt in 2009 to avoid defaulting amid the global financial crisis (more…)

America Movil enters the TV business

America Movil TV

The telecoms giant America Movil announced an agreement to acquire 100% of the DLA Inc digital shares  from a Argentina firm Claxson Interactive for an undisclosed amount.

According to the DLA Web site, the company is headquartered in the U.S. and presence in Colombia, Brazil, Mexico and Argentina which offers movies and television production from companies such as Disney, BBC, MTV and Telemundo. It plans to Playboy TV, Concert Channel

(more…)

Transportes Olympic Gets The Green Light To Transport Cargo Into The U.S

Transportes Olympic - Mexican Truckers

Transportes Olympic of Nuevo Leon has become the first Mexican Truck Co that may transport international cargo beyond the commercial zone of that country. Therefore, ending import tariffs on 99 U.S. products.

Transportes Olympic, a Mexican company in Monterrey, Nuevo Leon, received today from the Federal Motor Carrier Safety U.S. (FMCSA for its acronym in English) permission to transport international cargo beyond the commercial zone of that country. (more…)