September 2011
Cemex hopes to shed $1 billion in assets
MarketWatch - Lorenzp Zambrano, chairman and chief executive of Mexican cement company Cemex, said he expects the company to raise $1 billion, including $180 million this year, from asset sales by the end of next year in order to continue lowering its debt.
www.marketwatch.com/story/cemex-sees-1-bln-from-asset-sales-by-end-2012-2011-09-29
Mexico denies existence of paramilitary groups
Washington Post - Top Mexican security officials saidthat there is no evidence that true paramilitary groups are operating in Mexico, countering video boasts by a shadowy group that asserted responsibility for the murder of 35 people in Veracruz.
School threats spread to northern Mexico
AP - Banners similar to those left by Mexican drug cartels appeared Thursday threatening to attack schools in three communities outside the northern Mexico city of Monterrey.
www.forbes.com/feeds/ap/2011/09/29/general-lt-drug-war-mexico_8709194.html
Drug lords decry U.S. prison conditions
Seattle PI - Big-league Mexican drug traffickers imprisoned in the U.S. are contending that unnecessarily harsh conditions - locked up alone in ultra-high-security confinement - take a physical and psychological toll and may violate U.S.-Mexico treaties.
www.seattlepi.com/national/us/article/Mexican-drug-lords-decry-U-S-prison-conditions-2196456.php
Supreme Court upholds 2nd right-to-life measure
AP - For the second time in two days, Mexico’s supreme court has let stand a right-to-life amendment that severely limits abortions. Thursday’s decision involves the state of San Luis Potosi. The court upheld a similar measure in Baja California on Wednesday.
9,000 Mexicans repatriated from Mexico
AP - Mexico's government says nearly 9,000 Mexicans caught as illegal migrants in Arizona have been flown to Mexico City the past two months under a voluntary repatriation program.
www.cbsnews.com/stories/2011/09/29/ap/latinamerica/main20113567.shtml
Mexico complains to China about unfair practices
Fox News Latino - Mexico's government has sent China a letter accusing some of its companies of engaging in unfair practices to evade customs duties. Mexico says some companies specialize in evading legitimate duties.
latino.foxnews.com/latino/money/2011/09/29/mexico-complains-to-china-about-unfair-trade-practices/
Woman survives live grenade lodged in face
Fox News - A woman in Mexico is being called a "miracle woman" after surviving a grenade being fired into her face. Karla Flores, 32, was selling seafood on the street in Culiacán, when she heard a bang and something hit her, knocking her down.
www.foxnews.com/health/2011/09/29/woman-survives-live-grenade-lodged-in-face/
Worst peso slump since '08 sparks bond losses
Bloomberg - The peso’s 13.6 percent tumble against the dollar from the end of June through yesterday is the biggest since the three-month period ended December 2008 and the most among major currencies after the Brazilian real and South African rand.
Ford might add 10,000 U.S. jobs, 4,000 from Mexico
Bendbulletin.com - Ford is discussing adding as many as 10,000 jobs in the United States in negotiations with the United Auto Workers. As many as 4,000 of those jobs may come from Ford shifting production of the Fusion midsize sedan from Mexico.
