New York Times Co. to pay 14% to Slim and is restricted from selling or transferring certain of its assets

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Posted January 21st, 2009 at 4:37 pm
Richard Siklos, editor at large at CNN
Slim agreed to pump $250 million into the Times under a deal that includes hefty interest payments to him (14%, or at least $26 million a year) and warrants that could ultimately give Slim the option to add 15% of the company's equity to his holdings. Of course, in making such a deal Slim has gained himself much better terms than a mere equity investor, and indeed appears to have driven a hard bargain. It's comparable, in a surface sense, to Warren Buffe...
Mexican Billionaire Carlos Slim Could Get Preferred Stock in New York Times Co.

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Posted January 18th, 2009 at 6:26 pm
New York Times Co. is in talks under which the Mexican telecommunications investor Carlos Slim would invest in the publisher, possibly through an issue of preferred stock.
People familiar with the matter told The Wall Street Journal.The investment would be similar to a loan: The preferred would pay a dividend but wouldn't have voting rights, the Journal reported on Saturday. The investment under consideration is likely several hundred million dollars, the people told the paper. Slim already h...
Mexicans Coming Home , Mexico prepares for Repatriation

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Mexicans
Posted December 25th, 2008 at 6:46 pm
There are signs that Immigration to the U.S. is no longer as attractive an option for Mexican immigrantsa and so Mexicans are Coming Home , Mexico prepares for Repatriation.
•The Pew Hispanic Center says the Hispanic immigrant labor force in the U.S. decreased by 217,000 between the third quarter of 2007 and the third quarter of 2008.
•The Mexican Foreign Ministry reports a nearly 30 percent increase from 2007 to 2008 in citizens who filed paperwork to move belongings from the U.S. t...
Mexican Shoppers Stimulating The U.S Economy, Head North For Bargains

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Posted December 24th, 2008 at 1:31 am
Mexicans Contributing to The American Economy
Mexican shoppers with fists full of cash and long Christmas lists are pouring across the border into hotels, restaurants and shopping malls here, providing an economic boost in a downward spiraling economy.
A clerk at a J. C. Penney store in Tucson rang up a purchase for Cecilia Rivera, left, on a shopping trip from Hermosillo, Mexico. Tucson’s economy depends on shoppers from south of the border.
“It’s extremely vital to make sure...
Mexican Pharmacy, Buy Online Prescription
mexico pharmacy
Pharmacist have seen customers who run out of prescription refills turn to online pharmacies.
“This is a major problem,” said Perdue, chairman of the West Virginia House of Delegates’ Health and Human Resources Committee, who wants to see federal law changed to make it easier to shut down illicit pharmacies.oxycodone.
Congress is considering legislation that would clarify federal law on Internet pharmacies and increase penalties for selling pharmaceuticals to m...