Reuters - Mexico's central bank governor Agustin Carstens said Latin America's No. 2 economy was witnessing significant capital inflows despite a March interest rate cut. The bank cut the benchmark rate by 50 basis points to a record low of 4 percent in March.
Smart Planet - Mexico has been enjoying a buzz of investor optimism. All of this hubbub has helped steer the country’s narrative from drug violence to economic opportunity. Yet Mexico has failed to live up to its full potential before. So what’s changed?
Sentido Comun - Grupo Aeroportuario del Centro Norte (OMA) said passenger traffic at its 13 airports increased 5.9 percent in April compared with the same month in 2012. Domestic traffic increased 7.7 percent and international traffic fell 3.6 percent.
MSN - Mexico’s most populous state is trying a new tactic to curtail extortion among its infamously corrupt municipal police forces — allowing only women to issue tickets for traffic violations.
Washington Times - Border security is a key sticking point in this year’s immigration debate, but only a little more than one-third of U.S. senators have been to the border during their time in office to get a firsthand look at the security situation.
Global News - A Canadian tourist has died in the Mexican resort of Cancun. Local media reports say the 21-year-old, identified as Sydney Taylor, died early Tuesday after apparently falling about 10 metres from the balcony of her second-floor hotel room.
Financial Times - The newest figures from the Mexican auto industry association, AMIA, point to continued powerful growth not only from the car makers themselves but from associated industries.
The Hollywood Reporter - Theater chain giant Cinepolis has launched streaming service Klic, a VOD movie platform that will go head to head with Netflix in Mexico. Cinepolis Klic charges 89 pesos (about $7.40) a month, slightly less than Netflix.
Reuters - Recent Mexican price shocks are transitory, expectations are well anchored and inflation should fall below 4 percent relatively quickly, Mexico's Central Bank Governor Agustin Carstens said on Tuesday.
CBS5 - The U.S. Department of Treasury released a map identifying eight Sinaloa drug cartel bosses that operate along the Arizona-Mexico border. "They're very organized," said former Mesa police detective and narcotics expert Bill Richardson.