May 2010

Construction work falls again in March

El Semanario - The value of work in Mexico's construction industry fell 2.0 percent in real terms in March, the 20th consecutive monthly drop. The national statistics agency (INEGI) put the value in March at approximately $1.29 billion.

www.elsemanario.com.mx/news/news_display.php

Number of wealthy in Mexico continues to grow

El Economista - The number of wealthy in Mexico has grown over the past five years at a rate of 15 percent annually, reports BBVA Bancomer. In an interview, the director of Private Wealth Management at BBVA, Javier Diez Jenkins, said that the number of wealthy is expected to grow by 18 to 19 percent this year.

eleconomista.com.mx/finanzas-publicas/2010/05/30/crece-numero-ricos-mexico

Cash transaction law will impact 40% of Mexicans

CNNExpansión.com - The limit on large cash transactions with merchants could impact 40 percent of Mexicans, experts say. Purchases of durable goods, such as real estate, automobiles and luxury items are expected to be affected the most in the effort to curb money laundering.

www.cnnexpansion.com/economia/2010/05/29/limitar-uso-de-efectivo-afectara-consumo

CS Wind to build towers in Tamaulipas

Sentido Comun - CS Wind Corp. announced that it will invest about $60 million to build a wind farm in the state of Tamaulipas to export electricity to the United States, says ProMexico.

translate.google.com/translate

Nirvana opens hotel, spa in San Miguel de Allende

Sentido Comun - Nirvana Restaurante and Retreat, has inaugurated a boutique hotel with nine rooms and spa and restaurant in San Miguel de Allende that offers classes in medication and yoga, facials and a variety of other well-being services.

translate.google.com/translate

Thousands rally in Mexico City, Phoenix and elsewhere to protest Arizona's anti-immigrant law

Times Online and Reuters

Demonstrators dressed as members of the Ku Klux Klan protested outside the U.S. Embassy in Mexico City against Arizona’s immigration law.

Thousands marched in Phoenix with separate rallies of supporters and opponents filling a five-mile stretch of the city. There were also protests in Texas, Oregon and San Francisco. Critics said that the law could lead to racial profiling.

Civil rights and labor group activists from across the United States -- carrying banners that read: "Obama Keep Your Promise" -- rallied to protest the law, which requires state and local police to investigate the immigration status of people they suspect are in the country illegally.

Activists want Obama to order federal authorities not to accept custody of illegal immigrants detained under the law.

They also want the Obama administration to revoke the so-called 287g agreement, which deputizes officers from local police agencies to enforce federal immigration laws.

The Arizona law seeks to push illegal immigrants from the desert state, a major corridor for migrant and drug smugglers crossing the border from Mexico. The measure is supported by a solid majority of voters both in Arizona and nationally.

The law is due to take effect on July 29, subject to legal challenges.

"We want to stop the spread of the law around the country," said Pablo Alvarado, director of the National Day Laborer Organizing Network, one of the organizers of the Phoenix march.

www.timesonline.co.uk/tol/news/world/us_and_americas/article7140744.ece; http://www.reuters.com/article/idUSTRE64S1NV20100529

Exhumed Independence remains paraded

CNN - Experts are examining the exhumed remains of men who fought for Mexico's independence as part of the country's bicentennial celebration. The skulls and bones of a dozen historical figures were removed from a crypt in Mexico City's Angel of Independence monument in a somber ceremony Sunday and paraded in glass caskets through the streets.

edition.cnn.com/2010/WORLD/americas/05/31/mexico.historical.figures.exhumed/

Mass grave found in mine shaft near Taxco

BBC - Between 20 and 25 bodies, thought to be the victims of drug gang violence, have been found in an abandoned silver mine in southern Mexico near the colonial silver city of Taxco in Guerro state, a focal point of drug-related violence.

news.bbc.co.uk/2/hi/world/latin_america/10197425.stm

"Survivor" producer faces charge today

Xinhua - Mexican authorities are expected to charge former "Survivor" producer Bruce-Beresford Redman with murder of his wife last month on Monday, local Los Angeles television channel KTLA 5 reported on its website. Quintana Roo Attorney General Francisco Alor,said his office has filed a petition for Beresford-Redman to return to Cancun.

news.xinhuanet.com/english2010/world/2010-05/31/c_13324155.htm

 

"Don't drink the water." Most opt for bottled in Mexico

By Tim Johnson
Kansas City Star

It's a simple warning - don't drink the tap water - and Mexicans take it to heart as much as any foreign tourist does.

Mexicans drink more bottled water than the citizens of any other country do, an average of 61.8 gallons per person each year, according to the Beverage Marketing Corp., a consultancy. That's far higher than Italy, and more than twice as much as in the United States.

The boom in bottled water has an underside, too. Empty plastic water bottles litter landfills and roadsides at a rate that alarms consumer and environmental groups. Recycling experts say that only about one-eighth of the 21.3 million plastic water and soft drink bottles that are emptied each day in Mexico get recycled.

www.kansascity.com/2010/05/30/1980465/in-mexico-fear-of-tap-water-fuels.html