Dow Jones - Mexico's antitrust authority said it is working with large government entities to combat collusion among suppliers of goods and services. Collusion is estimated to cost the government 175 billion pesos ($13.83 billion) a year.
Dow Jones - Mexico's Public Credit Director Alejandro Diaz de Leon said Monday that his country merits a higher credit rating because it is better prepared than ever to face another international economic crisis.
Wall Street Journal - The Bank of Mexico on Friday offered a slightly brighter growth outlook for the country for the first time in 10 months, although it remained cautious over the incipient recovery in the United States.
Reuters - Growth in Mexican private spending slowed sharply during the fourth quarter, but solid data in early 2012 might ease concerns that the economy could lose steam. Private spending rose just 0.6 percent during the final months of 2011.
Bloomberg - Mexico’s economy created 130,416 formal jobs in February, the Mexican Social Security Institute said on its website yesterday. Mexico has created 181,250 jobs this year. The number of jobs registered with the government is 15.4 million.
Latin American Herald Tribune - The Mexican government should establish a national minimum wage high enough to ensure that the lowest-paid workers can afford to feed their families, the United Nations special rapporteur on the right to food said.
Sentido Comun - Consumer prices rose 0.2 percent in February, a smaller increase than expected and leaving annual inflation at 3.87 percent at the end of the second month of the year.
Dow Jones - U.S. economic policy makers have something to learn from the successes Mexican leaders have had over recent years, Federal Reserve Bank of Dallas President Richard Fisher said Wednesday.
Reuters - The International Monetary Fund flagged higher oil prices as a rising threat to the global economy on Friday, urging policymakers to keep a close eye on western tensions with Iran, which is facing punitive measures against its crude supplies.www.reuters.com/article/2012/02/24/us-g20-oil-idUSTRE81N1DH20120224
Bloomberg - Mexico is studying international best practices for corporate bankruptcy proceedings after glassmaker Vitro’s use of intercompany debt caused some investors to question the country’s laws.