December 2011
Police arrest top drug trafficker at D.F. airport
BNO NEWS - Mexican police arrested a top drug trafficker, Luis Rodríguez Olivera, alias "El Guero," on Tuesday at Mexico City International Airport. U.S. authorities were offering a reward of $5 million dollars for him.
channel6newsonline.com/2011/12/police-arrest-top-drug-trafficker-at-mexico-city-airport/
Poverty official fired for saying poor smell bad
AP - A Mexican anti-poverty official has been fired after posting a comment on social media sites suggesting that poor people smell bad. About 47 million of Mexico's 112 million people live in poverty.
abcnews.go.com/International/wireStory/mexico-official-fired-poor-smell-bad-15243748#.Tvyde_JEL_o
Hopeful footsteps in Mexico City's Centro Historico
Submitted by mexbiznews on Tue, 12/27/2011 - 9:30am
Atlantic Cities
After years of steady deterioration, Mexico City’s Centro Histórico is finally showing signs of health.
Public and private efforts, especially by Mexican billionaire Carlos Slim Helú, have bulked up security, refurbished old parks and gathering spots and increased economic development in the area. But the renaissance’s defining feature is obvious: it’s the ground.
In recent years, the Centro has closed off three streets to vehicular traffic and has plans to convert more.
www.theatlanticcities.com/neighborhoods/2011/12/hopeful-footsteps-mexico-citys-centro-historico/798/
Actor Pedro Armendariz dies at age 71
Associated Press — Mexican character actor Pedro Armendariz Jr. died Monday at the age of 71. There was no immediate cause of death. Armendariz was best known for playing sly, sometimes cynical characters he endowed with wit and charisma.
Mexbiznews.com will resume full publication on Jan. 9
Submitted by mexbiznews on Tue, 12/27/2011 - 9:09am
Failed coup at Repsol backfires on Pemex
Wall Street Journal - State oil company Petroleos Mexicanos' move to join with a Spanish construction firm in an attempted boardroom coup at energy firm Repsol has backfired, leading to criticism of Pemex and its chief executive, Juan José Suárez Coppel.
online.wsj.com/article/SB10001424052970204464404577112881771204786.html
U.S. judge sides with Union Pacific in smuggling case
Associated Press — U.S. border officials exceeded their authority when they imposed multimillion-dollar fines against Union Pacific Corp. for failing to discover illegal drugs in railcars that crossed into the country from Mexico, a federal judge ruled Monday.
U.S. and Canadian Christmas trees dominate Mexican market
Submitted by mexbiznews on Tue, 12/20/2011 - 8:32am
Global Post
In a crowded Mexico City market, Christmas shoppers elbowed and tussled past each other to a busy stall selling festive trees.
On the left were trees that were smaller, greener, softer, and grown in forests close to the city. On the right were drier, taller and sharper trees, which had been imported from the United States and Canada.
“Give me that giant one,” a middle-aged man said, pointing to one of the imports.
U.S. and Canadian Christmas trees have flooded into Mexico in recent years.
www.globalpost.com/dispatch/news/regions/americas/mexico/111219/christmas-inc-american-trees-economy
October retail sales are up 3 percent on the year
Dow Jones - Retail sales in Mexico rose 3 percent in October from the year-ago month, but slipped from September in seasonally adjusted terms, the National Statistics Institute, or Inegi, said Tuesday.
ABOT acquires 50% stake in Mexico gold property
Energy Business Review - ABOT Mining will acquire 50 percent equity interest in mineral property located in Mexico, following an agreement with Rising Star. The Aztlan 8B Project is located in the State of Nayarit.
