June 2012
Drug cartels ready themselves for Mexico's elections
AP - Elections in Mexico are Sunday and drug cartels have taken notice, but forget who is going to be president these cartels are interested in who is going to be mayor. It's easier to influence a local election than an extensive well-financed national one.
latino.foxnews.com/latino/news/2012/06/29/mexican-drug-cartels-work-to-sway-local-vote/
Officers in Mexico City airport drug ring identified
AP - Mexican authorities have identified two federal police officers who shot dead three of their colleagues at Mexico City's international airport this week and say the shooters were part of a trafficking ring that flew in cocaine from Peru.
Navy finds four bodies inside crashed helicopter
Associated Press - The Mexican Navy says all four marines aboard a helicopter that went missing a week ago where found dead inside the aircraft's wreckage. Investigators reached the site of the crash on a mountaintop in the western state of Jalisco on Thursday.
www.canada.com/news/Mexico+Navy+finds+bodies+inside+crashed+helicopter/6858120/story.html
What Mexico's election means for the drug war
Foreign Affairs - Each of the candidates in Mexico's presidential elections has promised to shift the country's focus from stopping the drug trade to fighting crime, which will not sit well with Washington.
Mexico seeks U.S. intel on airport director
EFE - The Mexican government has asked the United States for information about the alleged links between the director of the Mexico City airport, Héctor Velázquez Corona, and drug traffickers, Attorney General Marisela Morales said.
Party of "perfect dictatorship" set for a comeback
Reuters - Accused of every dirty trick in the book during its 71-year grip on power in the 20th century, Mexico's Institutional Revolutionary Party has bounced back and is on the verge of a dramatic victory in Sunday's presidential election.
www.reuters.com/article/2012/06/28/us-mexico-election-idUSBRE85R12320120628
Spain's BFA-Bankia sells Mexican unit for $12.1 million
EFE - Recently nationalized Spanish bank BFA-Bankia announced the sale of its Mexican car-financing subsidiary to CI Banco for 9.7 million euros ($12.1 million), part of its obligation to divest itself of non-core assets.
latino.foxnews.com/latino/news/2012/06/28/spain-bfa-bankia-sells-mexico-unit-for-7-mn-euros/
Peso gives back gains, closes weaker to dollar
Dow Jones - Mexico's peso gave back some gains of recent days and closed weaker against the U.S. dollar Thursday as government bonds lost ground and some risk aversion returned to global markets. The peso closed at 13.6265 to the dollar.
Stocks rise for fifth session ahead of weekend elections
Dow Jones - Mexican stocks ended moderately higher Thursday for a fifth-straight session with blue-chip issues continuing to hold up. The IPC index rose 0.4 percent to 39,638 points on volume valued at 4.75 billion pesos ($348 million).
PAN faces possible loss in Baja California stronghold
Submitted by mexbiznews on Fri, 06/29/2012 - 3:24am
By Sandra Dibble / U-T San Diego
It seemed like old times for Mexico’s National Action Party: a chanting crowd, a sea of fluttering blue-and-white flags, a row of candidates waving from a stage in downtown Tijuana one evening last week in support of presidential contender Josefina Vázquez Mota.
But much has changed for the PAN in Baja California. The party that more than two decades ago helped usher in a new democratic era for Mexico when its voters elected the country’s first opposition governor in modern history is now struggling for its place in an uncertain political landscape.
As Mexicans prepare to choose a new president Sunday, the results will set the stage for Baja California’s next political chapter.
www.utsandiego.com/news/2012/jun/28/mexicos-pan-faces-possible-loss-sunday-in-baja-ca/
