September 2011

Remittances increase for 10th straight month

Sentido Comun - Mexicans working abroad sent home $1.897 billion in July, 1.4 percent more than the same month last year when they transferred $1.871 billion, the tenth consecutive increase, while the second lowest in that time span.

www.sentidocomun.com.mx/breves.phtml

Economists revise growth, inflation forecasts

Sentido Comun - Economists in the Bank of Mexico's monthly report for the third time lowered their forecast of economic growth this year and for the sixth time predicted that inflation will rise.

www.sentidocomun.com.mx/breves.phtml

 

Rights group says massacre suspect was tortured

Fox News Latino - Mexico's independent National Human Rights Commission said torture was used to extract a confession from one of the suspects in the January 2010 killings of 15 high school students at a party in Ciudad Juarez.

latino.foxnews.com/latino/news/2011/09/01/mexico-rights-watchdog-says-suspect-in-massacre-was-tortured/

Fortuna starts production at Oaxaca silver mine

Proactive Investors - Fortuna Silver Mines said Thursday that it has begun commecial production at its San Jose silver-gold mine in Oaxaca. Construction of the mine was initiated in March of last year with a $55 million investment.

www.proactiveinvestors.com/companies/news/17863/fortuna-silver-starts-commercial-production-at-san-jose-mine-mexico-17863.html

Mother presses case of missing federal agents

Los Angeles Times - Thousands of people have disappeared during Mexico's 5-year-old drug war. But the case of Luis Angel Leon and his colleagues is especially puzzling: fully armed federal officers vanishing on their way to a violence-ridden town.

www.latimes.com/news/nationworld/world/la-fg-mexico-vanished-cops-20110902,0,1106087.story

Archaeologists discover 2,000-year-old Mayan palace

Fox News Latino
A team of Mexican specialists discovered remnants of a 2,000-year-old Mayan palace at an archaeological site in the southeastern state of Chiapas.

"The discovery constitutes the first architectural evidence of such an early occupation of the ancient Mayan cities of the Upper Usumacinta basin" in the Lacandona Jungle, the National Institute of Anthropology and History said in a statement.

The project's director, Luis Alberto Martos, said this new discovery was made in a sunken courtyard located in the northern part of the the Plan de Ayutla archaeological site and represents the first evidence of occupation of that area between 50 B.C. and 50 A.D.

latino.foxnews.com/latino/entertainment/2011/09/01/archaeologists-discover-2000-year-old-mayan-palace-in-mexico/

Stocks close lower on U.S. losses

Dow Jones - Mexican stocks slipped in late trading Thursday and closed lower, ultimately unable to withstand losses in U.S. equities ahead of Friday's employment report. The IPC index fell 0.2 percent to 35,638.

online.wsj.com/article/BT-CO-20110901-713949.html

Calif.-made fungicide approved for use in Mexico

Sacramento Bee - California-bases biotech firm Marrone Bio Innovations Inc. said its biofungicide, Regalia Maxx, has been approved for use in Mexico. The product controls fruit and vegetable diseases by triggering natural defense systems.

www.sacbee.com/2011/09/02/3879785/mexico-oks-fungicide-made-by-marrone.html

Mexico to give HPV vaccine to all girls in 2012

NY Daily News - Mexico plans to administer the vaccine against human papillomavirus (HPV), which can cause cervical cancer, to all girls beginning next year, the health ministry said. Cervical cancer kills 4,200 Mexican women each year.

www.nydailynews.com/lifestyle/health/2011/09/02/2011-09-02_mexico_to_give_hpv_vaccine_to_all_girls_beginning_in_2012_shot_to_be_given_to_gi.html

Mexico aims for Oct. end to trucking dispute

Reuters - The Mexican government aims to scrap in October the rest of the retaliatory duties it imposed on certain U.S. farm and industrial goods during a trucking dispute, the Economy Ministry said on Thursday.

af.reuters.com/article/commoditiesNews/idAFN1E78024B20110902