September 2011

Stocks close higher, but fall on week

Dow Jones - Mexican stocks rose moderately on Friday as investors returned for opportunity buying after the previous session's selloff, but equities remained sharply down on the week. The IPC index gained 0.7 percent to 32,588 points.

online.wsj.com/article/BT-CO-20110923-712626.html

Report alleges Border Patrol abuse of migrants

Reuters - Thousands of immigrants caught slipping into the United States illegally from Mexico were denied food, water and medical treatment or otherwise abused by Border Patrol agents, a report said on Wednesday.

www.reuters.com/article/2011/09/21/us-usa-mexico-study-idUSTRE78K6NV20110921

Slim turns to Samurai bonds to diversify funding

Bloomberg - America Movil, Latin America’s largest wireless carrier, might become the first non-financial company from the region to sell bonds in Japan as it seeks to diversify sources of financing.

www.businessweek.com/news/2011-09-22/slim-turns-to-samurai-bonds-to-diversify-funding-mexico-credit.html

17 million Mexicans were common crime victims

Fox News Latino - More than 17 million Mexicans were the victims of the approximately 22 million common crimes, such as muggings, burglaries, extortion, auto theft, fraud and battery, committed in the country in 2010, says INEGI.

latino.foxnews.com/latino/news/2011/09/21/mexican-govt-institute-17-mn-were-crime-victims-in-2010/

Pemex starts program to boost oil output

Dow Jones - Mexico's state-owned oil company Petroleos Mexicanos said Wednesday it has begun the first phase of a project using electric pumps to increase output at its declining fields in the southern Gulf of Mexico.

online.wsj.com/article/BT-CO-20110921-709865.html

Nine rare "vaquita" porpoises spotted in Sea of Cortez

Fox News Latino
Nine Gulf of California harbor porpoises, a rare marine mammal known in Mexico as the "vaquita," or sea cow, were sighted by Environment Secretariat specialists in that narrow sea.

The members of the Phocoena sinus species, listed by the International Union for Conservation of Nature as critically endangered, were discovered in the northern part of the Gulf near the Roca Consag outcrop and included three young vaquitas and a newborn.

The porpoises numbers fell from several thousand to close to 600 between 1958 - when U.S. biologists came upon several skulls of this then-unknown species - until an initial census was conducted in 1997.

latino.foxnews.com/latino/news/2011/09/21/rare-marine-mammals-spotted-off-mexico/

After Veracruz breakouts, prison officials held

BBC - Officials in charge of the Mexican prisons from which 32 inmates escaped have been detained on suspicion of helping inmates escape. The prisoners staged an almost simultaneous breakout from three jails in western Veracruz state on Monday.

www.bbc.co.uk/news/world-latin-america-14995830

Marines arrest 19 suspected gunmen at training camp

Fox News Latino - Marines arrested 19 suspected members of the Los Zetas drug cartel, including seven minors, at a training camp for gunmen in the northern Mexican state of Nuevo Leon, the Navy Secretariat said.

latino.foxnews.com/latino/news/2011/09/21/marines-arrest-1-suspected-gunmen-at-training-camp-in-mexico/

Peso ends at weakest point in two years

Dow Jones - Mexico's peso slid 2.7 percent against the U.S. dollar Wednesday, closing at its weakest level in nearly two years as action by the U.S. Federal Reserve led participants to move into dollars. The peso closed at 13.5990 to the dollar.

online.wsj.com/article/BT-CO-20110921-713284.html

Stocks close lower as focus shifts to Greece

Dow Jones - Mexican stocks closed lower Wednesday as investor focus shifted toward the looming euro-zone debt crisis, including a possible default by Greece. The IPC index fell 0.9 percent to 34,019 points.

online.wsj.com/article/BT-CO-20110921-713598.html