October 2011
Brazilian bond issuances trail behind Mexico
Bloomberg - Brazilian overseas bond issuance is lagging behind Mexican offerings for a fourth straight month, the longest streak in three years, after record debt sales earlier this year reduced financing needs.
Suspect arrested in murder of flight attendant
Fox News - The mother of Nick Aaronson, a Phoenix-based US Airways flight attendant found dead in his Mexico City hotel room, posted on Facebook that a suspect was arrested over the weekend for her son's murder.
www.foxnews.com/us/2011/10/30/us-airways-flight-attendant-found-dead-in-mexico-hotel-room/
Hacker group threatens Zetas drug cartel
Fox News Latino - In a video posted on the Internet, the international hacker movement "Anonymous" threatened to reveal police and media members allied with Mexico's Zetas drug cartel unless a kidnapped member of the hacker group is freed by the cartel.
latino.foxnews.com/latino/news/2011/10/31/hacker-group-threatens-mexicos-zetas-dug-cartel/
Grupo Mexico withdraws Asarco-Southern Copper plan
Mineweb - Grupo Mexico has withdrawn its proposal to combine the operations of its subsidiary companies Asarco and Southern Copper.The conglomerate made the announcement within its third-quarter 2011 financials.
Maxcom 31% yield signals buy to Scotia Capital
Bloomberg - Maxcom Telecomunicaciones’s dollar bonds are yielding twice as much as similar-rated debt, a sign to Scotia Capital and Tradition Asiel Securities that the bonds are a bargain as the Mexican phone company has cash to service debt for three years.
Pemex to upgrade Salamanca refinery in 2012
Reuters - Mexico's state oil monopoly Pemex will start upgrading its Salamanca refinery next year in an effort to cut down on gasoline imports, which now account for around 40 percent of national demand.
www.reuters.com/article/2011/10/29/us-mexico-refining-idUSTRE79S2AV20111029
70 members of "billion-dollar" drug gang arrested
Reuters - Law enforcement officials in Arizona seized thousands of pounds of narcotics and arrested at least 70 suspected drug smugglers with apparent ties to a "billion-dollar" drug cartel based in Sinaloa.
today.msnbc.msn.com/id/45100583/ns/us_news-crime_and_courts/#.Tq6eq7KRNXs
Day of the Dead evolves into days of partying, whimsy
Submitted by mexbiznews on Mon, 10/31/2011 - 5:08am
By William Booth / Washington Post
Once upon a time, it was the Day of the Dead, but now it is the days of the dead.
Like Halloween in the United States, Dia de los Muertes in Mexico has become a bit of a free-for-all, a five-day weekend with parties and drinking. It’s more pop, more pagan and more commercial. There’s even some trick or treating, which would have been unheard of a decade ago.
Along with the national holiday vibe in the capital — and sales of sugar skulls and votive candles — comes the world’s largest display of folk art animals called “alebrijes,” fantastic creatures with claws and wings and tails.
17 killed in 3 separate incidents in Michoacan
Latin American Herald Tribune - At least 17 people were killed in three separate clashes in the western Mexican state of Michoacan. Authorities found three individuals shot dead in Nocupetaro, 10 others in Patzcuaro and four more in La Piedad.
Mazda breaks ground on plant to build Mazda2, Mazda3
Torque News - Mazda broke ground this month on a new auto plant in Mexico. The Japanese carmaker and Sumitomo Corp. joint venture creates Mazda Motor Manufacturing de Mexico. Plant workers will assemble the Mazda2 and Mazda3.
www.torquenews.com/1063/mazda-building-factory-mexico-make-mazda2-mazda3-2014
