The Mexico Manufacturing Purchasing Managers’ Index (PMI), first semester 2012
By Adina Moloman Sources: Reuters, HSBC The Purchasing Managers’ Index (PMI) is an indicator produced by Markit Group, a global financial information services company, the Institute for Supply Management and HSBC, a well known banking and financial services organization. This indicator was created to reflect the financial activity based on acquisition of goods and services […]
Mexico elections voting irregularities
By Adina Moloman Sources: The Guardian, The Washington Post, El Pais Mexico manufacturing and in a good part the maquiladora industry awaits the certification of the national election result of last Sunday. After preliminary results Mexico’s presidential elections were impugned. In spite of that, the Chairman of IFE declared elections were clean, transparent and without […]
Presidential elections preliminary results and perspective
By Adina Moloman Sources: New York times, Center for American Progress Sunday’s presidential elections in Mexico shows preliminary results, issued by Mexico’s electoral authorities, where Pena Nieto is on track to win over 37 percent of the vote, almost double the PRI’s score in the last election in 2006, Andrés Manuel López Obrador with 32 […]
Baja California Wine Industry
By Adina Moloman Source: El Economista Baja California is not only about the Maquiladora Industry, is also about the wine industry, who has been gaining recognition in the past years. The idea is to promote Baja California not only as the biggest producer of Mexican wine but also to make Baja California the capital of […]
Emerging economies participation in IMF
By Adina Moloman Source: The News A detail that I believe it’s important to review is the G20’s intention to restore investor confidence, through member states participation in IMF. A consequence of the G20 summit in Mexico was the achievement of record donations of member states to the International Monetary Fund. It’s more advantageous for […]
G20 summit, conclusions
By Adina Moloman Sources: European Council, CNN G20 summit finally concludes a few days ago in Los Cabos, Baja California Sur, Mexico. The G-20 with its members, United States, European Union, Germany, Great Britain, France, Italy, Japan, Russia, China, Canada, Argentina, South Korea, South Africa, Mexico, Brazil, India, Indonesia, Saudi Arabia, Turkey Australia continue to […]
San Diego the host of the 13th Round of TPP Negotiations
By Adina Moloman Sources: The Institute for Policy Innovation, Office of the United States Trade Representative The 13th round of Trans-Pacific Partnership negotiations will be held in San Diego July 2-10, 2012. The Trans-Pacific Partnership agreement basically represents a new Asia Pacific free trade Agreement between countries members where tariff and non-tariff barriers are eliminated. […]
The establishment of the first Embraer plant in Mexico
By Adina Moloman Sources: The Wall Street Journal, Reuters Over the last years Mexico government was focusing on the project of building an aerospace industry and eventually Mexico becoming Hub for Aerospace Industry. The results were positives, considering that this sector has averaged 20-25% growth the past five years, while attracting aerospace multinational companies such […]
Mexican Peso weakens versus US Dollar
By Adina Moloman The Mexican peso has dropped to its lowest value in three years, slumping to $14.45 pesos a few days ago. Considering that the bi-national markets such as Tijuana-San Diego can be more sensitive to the fluctuating value of currency, it is interesting to look into it. Strictly related to that, economist are […]
2012 Manufacturing Re-shoring and Near-shoring Survey
By Adina Moloman Source: AlixPartners AlixPartners, a global firm of senior business and consulting professionals specialized in improving corporate financial and operational performance, conducted a study over the present phenomenon or the necessity of Manufacturing Re-shoring and Near-shoring. Briefly Nearshore Outsourcing is the practice of outsourcing work to neighboring countries with geographical proximity and cultural […]