Mexico

Cameron County Assistant District Attorney Arturo Jose Iniguez’s death in Matamoros during the weekend continues under investigation.

Arturo Jose Iniguez

A prosecutor from southern Texas (U.S.A) was found dead in the border city of Matamoros, the Mexican state of Tamaulipas, and authorities are investigating the circumstances of death, reported a source official. District Attorney Armando R. Villalobos said in a written statement for newspapers addressing unconfirmed reports that the death might have been a suicide.

U.S. Government knowingly let thousands of guns into Mexico

John Dodson ATF _CBS VIDEO

U.S. authorities allowed thousands of weapons purchased by smugglers to arrive in Mexico as part of an operation to locate the complete chain of  drug cartels in Mexico. The initial objective was to ensure the weapons do not get into Mexico and stop the gun smugglers before crossing the border, however that part of the operation failed and thus let thousands AK-47′s and other guns reach their destination, said a U.S. federal agent.

Paris Hilton fuller figure on the beach in Mexico

Paris in Mexico

The hotel heiress displayed her fuller figure on the beach in Baja , Cabo Mexico yesterday. Strutting around in a white bikini, the socialite split her time between canoodling with boyfriend Cy Waits and preening herself.

A look at the Mexico Built Ford Fiesta

Mexico Built Ford Fiesta

Ford Fiesta: The Ford Fiesta is a front wheel drive subcompact/supermini car manufactured and marketed by the Ford Motor Company and built in Mexico as well as some other south American countries. the The sixth-generation will be going to America.

Mexico’s secret beer arrives in Houston / Victoria is Mexico’s oldest brew

Victoria beer marketing poster 263w_350h

No, beer snob, not all Mexican brews are created equal. Between the Czech-style Bohemia, the slightly bitter Negra Modelo and the sweet, citrus-y Cerveza Sol, Mexican beer runs the gamut from, well, if not A-Z, at least A-G.

Mexican and Honduran government officials have agreed to do more to protect Central American migrants

Mexico government officials

Mexican and Honduran government officials have agreed to do more to protect Central American migrants as they travel north through Mexico.

Bank Of Mexico Sells $600 Million In Put Options For January

Bank Of Mexico

The Bank of Mexico sold $600 million in put options Thursday under which banks can sell dollars to the central bank in January if the peso appreciates against the U.S. currency.

Mexico’s “Grupo Modelo” has been “very protective” of its independence

Grupo Modelo

The Mexican brewer is chafing under its partnership with Anheuser-Bush InBev. While some global brewers are aggregations of local beers that are each strong in their home markets, Mexico’s Grupo Modelo is the owner of a true cross-border success story: Corona. The pale lager’s foreign appeal has helped shift more than 40 percent of Modelo’s sales to markets outside Mexico. And Modelo managers believe there’s more growth ahead if they can continue expanding their brews [...]

Mexico to spend 45 mln USD on pipeline maintenance following blast

pemex mexico 2011

Petroleos Mexicanos, Latin America’s largest oil producer, may invest 550 million pesos ($44.5 million) to strengthen its oil pipeline monitoring system in order to avoid theft and accidents, El Economista said.

Mexico’s GDP per-capita is now about twice China’s

Mexican Economy

By Bob Davis During the past 30 years, China’s growth has left Mexico’s in the dust, even though both countries have liberalized their economies, vastly turned to foreign trade and shed many of the constraints imposed by one-party rule. Indeed, Mexico has gone much further than China in the latter area, turning itself into a genuine democracy in the mid-1990s after decades of single-party control.

Supermodels Naomi Campbell and Bar Refaeli in Cabo, Mexico

Supermodels Bar Refaeli  in Cabo Mexico

Supermodels Naomi Campbell and Bar Refaeli showed off their smokin’ hot bodies Wednesday as they soaked up some sun in Cabo, Mexico,sexy shots.

Pancho Villa’s Heir Fighting Drug Cartels in Mexico

Pancho Villa’s Heir Fighting Drug Cartels in Mexico. Carlos Villa is the great-nephew of Doroteo Arango a.k.a. Pancho Villa, the most charismatic revolutionary, and to those that know the young Villa, a carbon copy of the beloved Mexican general. With his foul mouth and a faithful pitbull next to him at all times, Carlos Villa combats drug trafficking in Torreón, where he is the police Chief. He is also referred to as a General since [...]

Mexico tycoon Slim set for mining, real estate spinoffs / Minera Frisco and Inmuebles Carso

Slim has ramped up mining projects in Mexico this year, taking advantage of high commodities prices and China’s appetite for metals. “Mining is seeing perhaps unusually high prices currently, and exports of these goods have become very attractive,” the businessman said in Buenos Aires last month. Minera Frisco and Inmuebles Carso both plan to subscribe 2.745 bn shares each in the market next week. Slim and family members will hold close to 79% of the [...]

Joaquin “Chapo” Guzman has security team made up of 300 armed gunmen

Joaquin "Chapo" Guzman

An elaborate security system has enabled Mexican drug kingpin Joaquin “Chapo” Guzman to evade capture thus far, according to a U.S. diplomatic cable released by WikiLeaks.

Finance company “Navix de Mexico” is on the Mexican Stock Exchange

Specialty finance company Navix de Mexico placed 4 billion pesos ($322 million) in equity-linked structured notes known as CKDs on the Mexican Stock Exchange Wednesday, marking one of the largest placements to date for the new instruments. Javier Artigas, director of strategic planning and marketing for the exchange, said the public offering from Navix will be the last in what has been a stellar year for the Mexican bourse. Companies have raised MXN29 billion on [...]

Mexico’s state-controlled energy firms to invest at least $350 billion over 10 years

Mexico’s state-controlled energy firms to invest at least $350 billion over 10 years in an effort to meet demand for energy and, in the case of Pemex, to staunch a decline in reserves and production. At least 70% of that investment is likely to be channeled through private firms.

Mexican Film Director Alejandro González Iñárritu and his ‘Biutiful’ Film

Mexican Film Director Alejandro González Iñárritu talks about the film and his view of immigration in Europe. It also shows illegal immigration in Europe? Alejandro Gonzalez: Technology is global, markets have to be global. The idea that human beings can’t be global is stupid. While they are still thinking like that we will create enormous social tensions. In 25 years Europe will be Muslim. That is a fact, it’s a statistic. If they don’t start [...]

Telmex said Calls from fixed lines to cellphones in Mexico will drop nearly 11% starting Jan

Calls from fixed lines to cellphones in Mexico will drop nearly 11% starting Jan. 1 as a result of agreements between operators, the country’s biggest fixed-line company said Friday. Telefonos de Mexico (TMX, TELMEX.MX) said in a press release that the cost per minute for calls from its fixed lines to mobile phones will be 1.35 pesos (11 cents) under the “calling party pays” system. Telmex, which controls more than 80% of Mexico’s fixed phone [...]

Pemex can now work with foreign oil companies

Thanks to a Mexican supreme court ruling on Tuesday, Pemex now has the ability to offer the foreign oil companies more of an incentive to come down to Mexico. While the state will continue to own the oil, the government is allowing Pemex to pay foreign oil companies a fee on each barrel of oil they extract. That differs from the old system where they would be paid a flat fee for completing the project. [...]