February 2012
Napolitano says Mexico drug war is not a failure
RTTNews - U.S. Secretary of Homeland Security Janet Napolitano on Monday defended the U.S. and Mexican war against drugs and drug cartels, stressing that her country would continue to assist Latin American nations.
www.rttnews.com/1829297/napolitano-mexico-drug-war-not-a-failure.aspx
Coca-Cola Femsa net profit rises 6.1%
MarketWatch - Mexican soft-drinks bottler Coca-Cola Femsa said its net profit grew 6.1 percent in the fourth quarter of 2011 as sales and operating gains soared on the acquisition of regional bottlers in Mexico, offset by higher financial costs and taxes.
www.marketwatch.com/story/mexicos-coca-cola-femsa-q4-net-profit-up-61-2012-02-27
Many Mexican truckers see no benefit to U.S. program
The Trucker - Twenty-two Mexico-domiciled carriers have now applied to participate in the cross-border demonstration project, and Federal Motor Carrier Safety Administration officials have appealed for more Mexican carriers to apply.
www.thetrucker.com/News/Stories/2012/2/27/MexicocarriersnobenefittojoiningNAFTApilotprogram.aspx
Colombia captures 35 cartel-linked gang members
NTD Television - Police in Colombia raided a gang safe-house in Bogota on Saturday and arrested 35 people on charges of exporting tons of cocaine chemicals to Mexico for eventual trafficking to the United States.
Investigators fault ATF tactics in two agents' deaths
CBS - Congressional investigators are connecting controversial law enforcement tactics in the murders of federal agents killed in separate shootouts near the Arizona-Mexico border and in Mexico's interior.
In revived Tijuana, a new calm delights - and mystifies
Submitted by mexbiznews on Tue, 02/28/2012 - 5:57am
Tim Johnson / McClatchy Newspapers
The border city of Tijuana, once as violent as any in Mexico's drug-fueled trafficking wars, appears to have shaken off narco-related mayhem, allowing an explosion of new music halls, art galleries and world-class restaurants.
Tijuana's 1.6 million residents are grateful for the calm, which allows them once again to dine out at night, visit nightclubs and generally exist without fear of the sudden, random violence that had become so much a part of Mexican life.
But behind the relative peace is a nagging question: Why did it occur? Residents admit that they don't know.
www.kansascity.com/2012/02/27/3455492/in-revived-tijuana-a-new-calm.html
Mexico not troubled by rising peso bond yields
Reuters - Mexico's economy ministry is not concerned by rising yields on long-term peso bonds, deputy finance minister Gerardo Rodriguez said. There is no need to consider reviewing the country's planned issuance, he added.
www.reuters.com/article/2012/02/28/mexico-economy-idUSL2E8DS0AS20120228
Minera Frisco profits increase nearly fivefold
Fox Busness - Mexican mining company Minera Frisco increased its net profit nearly fivefold in the fourth quarter of 2011 as exchange gains complemented higher metals prices and increased mine production, compared with the year-earlier quarter.
www.foxbusiness.com/news/2012/02/27/mexicos-minera-frisco-4q-net-profit-mxn712-million-vs-mxn146-million/
Chiapas residents protest dams, high electricity rates
World War 4 Report - About 1,000 indigenous people and campesinos held a march in Huixtán in Chiapas to protest the high rates the Federal Electricity Commission (CFE) charges and to oppose the construction of more dams in the region.
www.ww4report.com/node/10891
GAP posts higher profits helped by new flights
Reuters - Mexican airport operator Grupo Aeroportuario del Pacifico (GAP) said profits rose 24 percent in the fourth quarter from a year earlier helped by new routes and more flights from existing carriers.
af.reuters.com/article/commoditiesNews/idAFL2E8DP4P220120227
