Economy & Finance
Baja launches drive to rehabilitate image
San Diego Union-Tribune - The state of Baja California has joined forces with its five municipalities in a $500,000 public relations effort aimed at changing Americans’ negative perceptions about the region and winning back the confidence of U.S. tourists.
www.signonsandiego.com/news/2010/sep/01/baja-california-launches-image-rehab-campaign/
Cordero says budget proposal won't build debt
La Jornada - With only one week to turn over to Congress the 2011 budget draft, Finance and Public Credit Secretary Ernesto Cordero said on Thursday that his proposed budget will strengthen public finances and will not build up a greater debt than the county can afford.
Mexicana employees rallying, seeking end to crisis
El Universal - Mexicana Airlines ground workers, flight attendants and pilots as well as those working for Link and Click, rallied yesterday in Terminal 1 at the Mexico City airport to demand an early solution to the airline's suspension. Flight attendants agreed to cut benefits by 25 percent.
www.eluniversal.com.mx/notas/706181.html
Rainstorms nearly paralyze 200 towns in four states
El Universal - Rainstorms have nearly paralyzed more than 200 municipalities in the states of Tabasco, Veracruz, Oaxaca and Chiapas, where the overflow of rivers and reservoirs caused severe flooding. State governments are demanding more federal resources to handle the emergency.
Students rally in Jalisco seeking funds
Informador.com.mx - More than 2,000 students from a high school and the University of Guadalajara demonstrated Thursday morning at Casa Jalisco to ask Jalisco Gov. Emilio Gonzalez Marquez to release the 390 million pesos ($29.9 million) that had been budgeted for their education.
www.informador.com.mx/jalisco/2010/230596/6/protestas-de-udeg-alcanzan-casa-jalisco.htm
"Hostile juror" threatens soap opera star verdict
CNN - The sham marriage trial of actress Fernanda Romero appeared threatened with a mistrial Friday after a dramatic turn. Most of the 12 jurors told the judge Thursday afternoon that they could not reach a verdict unless he replaced a "hostile" member of the jury. The judge ordered jurors to return Friday for a third day of deliberations.
www.cnn.com/2010/CRIME/09/03/california.actress.sham.marriage.trial/
BofA predicts interest rate will remain unchanged
Bloomberg - Bank of America Merrill Lynch said Mexico’s central bank will probably keep interest rates unchanged through the end of 2011, while rate cuts are possible if the U.S. economy deteriorates. The company cut its 2011 economic growth forecast to 3.3 percent from 3.6 percent.
www.bloomberg.com/news/2010-09-02/mexico-central-bank-may-have-room-for-2011-rate-cut-bofa-says.html
Gun battle in border state leaves 27 dead
Los Angeles Times - At least 25 people (later revised to 27) were killed Thursday in a gun battle between army troops and purported drug traffickers in Tamaulipas. Troops pursued the gunmen after they were detected by aerial patrols. All of the dead were gunmen, and three kidnapping victims were rescued.
articles.latimes.com/2010/sep/02/world/la-fg-mexico-shootout-20100903
Officials tackle climate change and finances
VoANews.com - Ministers from 45 countries are meeting to discuss the financing of mitigation and adaptation measures needed to tackle climate change. The two-day meeting, hosted by Switzerland and Mexico, hopes to come up with a plan to advance climate negotiations at the forthcoming talks in Cancun in December.
www.voanews.com/english/news/europe/Money-Key-To-Tackling-Climate-Change-102071958.html
Televisa czar's cousin briefly kidnapped
Reuters - Armed men abducted the cousin of the owner of Mexico's top broadcaster, Televisa, for four hours on Thursday in one of the hotspots of the country's drug war. Fernando Azcarraga Lopez, a former mayor of Tampico, was seized as he left a coffee shop but was later released and regturned to his residence.
