Economy & Finance
Chicago expo to encourage Mexicans to start businesses
PRNewswire - Chicago will host the second edition of Expo Mexico Emprende, an initiative of the Mexican government to encourage Mexicans on both sides of the border to use remittances to start and grow businesses in Mexico.
www.marketwatch.com/story/expo-mexico-emprende-2012-a-game-changer-for-entrepreneurs-2012-05-10
Tangled web of corruption debilitates Mexico
IPS - Although Mexico has signed several multilateral anti-corruption agreements, so far these instruments have yielded few concrete results in combating the rampant bribery, extortion and embezzlement, according to experts.
Mexico looks at rival Brazil and rues its fate
McClatchy Newspapers - The two most populous nations of Latin America have long jockeyed for hemispheric clout. Yet as Brazil became the world's sixth largest economy, its sustained economic rise has left Mexico - at No. 13 - feeling marginalized.
www.kansascity.com/2012/05/10/3604703/mexico-looks-at-rival-brazil-and.html
Inflation cools to six-month low in April
Dow Jones - Mexico's consumer prices fell in April as expected, with annual inflation hitting a six-month low and giving the central bank more room to cut rates if turbulence in financial markets eases.
www.nasdaq.com/article/data-snap-mexico-inflation-cools-to-6-month-low-in-april-20120509-00922
Calderon invites Putin to G20 summit in Los Cabos
RIA Novosti - Mexican President Felipe Calderon has invited Russian President Vladimir Putin to attend the G20 summit in Los Cabos, the Mexican Foreign Ministry said. Mexico will host the G20 Summit in Los Cabos on June 18-19.
Gross fixed investment rises year-on-year
Reuters - Mexican gross fixed investment was essentially flat in February but the index was higher in year-ago terms for the lagging indicator of industrial sentiment. Spending on machinery, equipment and construction was up 11.7 percent.
www.reuters.com/article/2012/05/08/mexico-investment-idUSL4E8G87O020120508
Inflation likely eased to six-month low in April
Dow Jones - Mexico's consumer prices likely continued easing in April, with annual inflation expected to have hit a six-month low, driven by cooling agricultural prices and seasonal electricity subsidies.
www.nasdaq.com/article/survey-mexicos-inflation-likely-eased-to-6-month-low-in-april-20120507-01711
Consumer confidence rises to 4-year high
Reuters - Mexican consumer confidence jumped more than expected in April to its highest in four years, suggesting the domestic economy was still expanding despite some signs of slowing global growth.
www.reuters.com/article/2012/05/04/mexico-confidence-idUSL1E8G3PZC20120504
Study says U.S. exporting obesity to Mexico
U.S. News - A new study says that the United States is exporting its obesity epidemic to Mexico. A Minneapolis think tank says Nafta allowed the U.S. to send even more an influx of cheap calories in corn, soybeans, sugar, meat, and other foods to Mexico.
www.usnews.com/news/articles/2012/05/03/study-us-exporting-obesity-to-mexico
Analysts cut inflation forecast for the year
Reuters - Analysts following Mexico's economy cut their forecast for inflation this year and became more upbeat on the outlook for growth, the central bank said on Wednesday. The analysts predicted a 3.68 percent rise in consumer prices this year.
www.reuters.com/article/2012/05/02/mexico-inflation-idUSL1E8G26S920120502
