ENS - The transboundary movement of spent lead-acid batteries has environmental and public health consequences to communities in Mexico that are the subject of a new investigation by the Commission for Environmental Cooperation, CEC.
Dow Jones - Brazil will begin charging import taxes on cars produced in Mexico as soon as next year, ending a decade-long agreement. Brazil President Dilma Rousseff is "bothered" by the deficit between the two countries.
Truckinginfo - Trade using surface transportation between the U.S. and Canada and Mexico was 12.7 percent higher in November 2011 than in November 2010, totaling $76.7 billion, according to the U.S. Department of Transportation.
Reuters - About $50 billion a year is siphoned illegally out of Mexico due largely to tax evasion and trade manipulation, according to a report from Washington-based anti-corruption advocacy group Global Financial Integrity.
Dow Jones - Mexico likely ran a trade deficit in December for a sixth consecutive month, pushing the trade shortfall further into the red for the year as consumer goods imports helped tip the balance last month despite strong oil and automobile exports.
Bloomberg - U.S. sugar imports from Mexico, the world’s sixth-largest producer, might fall to as low as 800,000 tons this season as the worst drought on record hurt crops. Mexico exported 1.42 million tons the previous crop season.
Drovers Cattle Network - The seasonal fall peak in U.S. cattle imports from Mexico was again pronounced as imports surged in November to over 189,000 head. Total 2011 cattle imports from Mexico were 15 percent above year-earlier levels.
Latin American Herald Tribune - Mexican President Felipe Calderon has signed a new law aimed at promoting private-sector participation in public works projects. The goal will be to “multiply infrastructure investment..."
Bloomberg - Kansas City Southern railcars are rumbling over the Rio Grande as record trade between Mexico and the U.S. buffers the railroad from a slowing global economy. The 125-year-old company seeks to take business away from trucks traversing the border.
Los Angeles Times - It's fast becoming the money-laundering method of choice for Mexican drug traffickers, U.S. and Mexican officials say, and it involves truckloads not of cash, but of fruit and fabric.