Top Stories for September 3, 2010

Mexico's transition to digital will be speeded up with government subsidies, Calderon reveals

By Angelina Mejia and Horacio Jiménez
El Universal

In his Informe sent to Congress this week, President Felipe Calderon issued a decree to advance Mexico's transition to digital television.

He said that subsidies will be provided to help digital customers buy digital receivers, devices that are responsible for transforming the current analog signal to digital. The amount of the payments was not revealed but the program is expected to extend from 2011 to 2015.

"Mexico is entering a new era that will allow everyone to have access to 21st Century technology," he said in a televised speech on Thursday.

Calderon said the transition to digital will trigger investment, democratic pluralism, competitiveness and job creation.

Experts consulted by El Universal warned that the program faces "complicated" legal, economic and operational hurdles.

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Columnists

Jeremy Martin
Virtually unreported in May during Mexican President Felipe Calderon’s state visit to Washington, D.C., was the pledge by the U.S and Mexican presidents to cooperate further on cross-border energy issues, especially renewables.   Indeed,...
Philip Martin
In April, Arizona launched what has become a growing trend: U.S. state and local governments enacting laws that crack down on unauthorized migrants. So far, about 1,400 bills dealing with immigration, most seeking to restrict undocumented migrants,...

El Universal - Rainstorms have nearly paralyzed more than 200 municipalities in the states of Tabasco, Veracruz, Oaxaca and Chiapas, where the overflow of rivers and reservoirs caused severe flooding. State governments are demanding more federal resources to handle the emergency.

www.eluniversal.com.mx/estados...

Milenio.com - The writer, playwright and cultural promoter Dehesa Germain, known as "El Gran Chilango," died yesterday afternoon of cancer shortly after revealing in his column in Reforma that he had terminal cancer but would continue writing so long as he was able.

www.milenio.com/node/521681

El Financiero - Aeromexico is 100 percent healthy and will take the opportunity to expand in the aviation market after Mexicana Airlines' suspension of service, José Luis Barraza González, Aeromexico's board president, said, adding the airline has much closer ties with its unions.

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Sentido Comun - Cemex received a contract to supply 350,000 cubic meters of concrete for the construction of a coal-fired power plant in Hamburg-Moorburg, Germany. A company statement did not disclose financial details of the contract.

www.sentidocomun.com.mx/breves.phtml

Sentido Comun - SSA Mexico, a unit of Stevedoring Services of America, said it will invest $12 million this year in its container terminal at the port of Manzanillo to improve technological processes so that it can make the port a hub for distribution.

www.sentidocomun.com.mx/breves.phtml

San Diego Union-Tribune - The state of Baja California has joined forces with its five municipalities in a $500,000 public relations effort aimed at changing Americans’ negative perceptions about the region and winning back the confidence of U.S. tourists.

www....

La Jornada - With only one week to turn over to Congress the 2011 budget draft, Finance and Public Credit Secretary Ernesto Cordero said on Thursday that his proposed budget will strengthen public finances and will not build up a greater debt than the county can afford.

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El Universal - Mexicana Airlines ground workers, flight attendants and pilots as well as those working for Link and Click, rallied yesterday in Terminal 1 at the Mexico City airport to demand an early solution to the airline's suspension. Flight attendants agreed to cut benefits by 25 percent.
www.eluniversal.com.mx/...

Informador.com.mx - More than 2,000 students from a high school and the University of Guadalajara demonstrated Thursday morning at Casa Jalisco to ask Jalisco Gov. Emilio Gonzalez Marquez to release the 390 million pesos ($29.9 million) that had been budgeted for their education.
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Los Angeles Times - At least 25 people (later revised to 27) were killed Thursday in a gun battle between army troops and purported drug traffickers in Tamaulipas. Troops pursued the gunmen after they were detected by aerial patrols. All of the dead were gunmen, and three kidnapping victims were rescued.

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CNN - The sham marriage trial of actress Fernanda Romero appeared threatened with a mistrial Friday after a dramatic turn. Most of the 12 jurors told the judge Thursday afternoon that they could not reach a verdict unless he replaced a "hostile" member of the jury. The judge ordered jurors to return Friday for a third day of deliberations.

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Bloomberg - Bank of America Merrill Lynch said Mexico’s central bank will probably keep interest rates unchanged through the end of 2011, while rate cuts are possible if the U.S. economy deteriorates. The company cut its 2011 economic growth forecast to 3.3 percent from 3.6 percent.

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VoANews.com - Ministers from 45 countries are meeting to discuss the financing of mitigation and adaptation measures needed to tackle climate change. The two-day meeting, hosted by Switzerland and Mexico, hopes to come up with a plan to advance climate negotiations at the forthcoming talks in Cancun in December.

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New York Times - Loopt users who check in to taco trucks or airports in San Francisco and Los Angeles next Tuesday can get two flights to Mexico for the price of one, courtesy of Virgin America. The promotion is the latest example of big companies using location-based apps for marketing.

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Market Watch - Grupo Aeroportuario del Sureste, or Asur, said its total passenger traffic for August increased by 8.9 percent compared to August 2009. Domestic passengers increased 2.5 percent, while international passengers grew by 15.1 percent.

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Market Watch - Grupo Aeroportuario del Pacifico, or GAP, which has been involved in an internal management dispute, announced that a Mexican civil court has informed it of the existence of a preliminary injunction that suspends the company's shareholders meeting.

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Reuters - Armed men abducted the cousin of the owner of Mexico's top broadcaster, Televisa, for four hours on Thursday in one of the hotspots of the country's drug war. Fernando Azcarraga Lopez, a former mayor of Tampico, was seized as he left a coffee shop but was later released and regturned to his residence.

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El Universal - The drug war and the insecurity it causes is cutting 1.2 percent from Mexico's Gross Domestic Product (GDP), said Finance Minister Ernesto Cordero. The amount of resources lost in the fight against drug trafficking was estimated at $154 billion.

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CNN - Mexican authorities have rescued six undocumented Cuban migrants who had been held for ransom for a month in Cancun. The abductors, who escaped Tuesday night, were seeking between $8,000 and $10,000 from relatives in Florida for each of the five men and one woman.
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Official spin - While the Mexican recession reached its deepest level in 2009, a new report on Mexico's baby care market showed that the sector was marked by sustained innovation in value-added formulations, with innovation seen in baby skin care and baby bath and shower.

www.officialwire.com/main.php...

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