Main world currency on the first trimester of 2012
By Adina Moloman Sources: Businessweek, Worldonlinebank.net Even when Mexico peso fell 0.8 percent to 12.8122 per U.S. dollar, registered yesterday, Mexico’s peso and the Australian dollar are still among the 16 major currencies on demand for higher-yielding assets. So the investors might still play safe to bet on Mexico Manufacturing. The Mexico peso slipped after […]
China’s decision on stopping the export of rare minerals used on the production of high-tech goods
By Adina Moloman Sources: China Digital Times, New York Times; U.S.-China Economic and Security Review Commission Staff Backgrounder New potential international trade implications have started because of price increases for rare earth minerals mainly produced by China, who decides nationalizing their production and temporarily shutting down most of the industry and stopped the export of […]
Mexico as a growth oriented economy
By Adina Moloman Source: Notimex, Financial Post During a symposium held in London a few days ago, Jim O’Neill, the Goldman Sachs chief economist, mentioned that Mexico will become the world’s seventh largest economy by 2020 and contribute 7.8% of the global GDP, more than Russia and India. Jim O’Neill, is the creator of the […]
Auto Trade tension between Brazil and Mexico
By Adina Moloman Sources: Reuters, Wards Auto, Financial Times This month there was an attempt by Brazil to break the accord at the World Trade Organization on a long-standing bilateral auto accord with Mexico. Their motive is a automotive trade deficit of $1.7 billion in 2011 with Mexico, more than double comparing to the previous […]
Latin America, the next big thing in aerospace industry
By Adina Moloman Sources: Economy watch; Aerospace-technology.com; Promexico.gob.mx/ National Flight Plan (Mexico); www.trade.gov/Flight Plan 2011(US) It has been proved that there are a few strategic countries for the development of aero-space industries, such as: China, India, Russia, Brazil and Mexico, where most of US, Europe and Canadian air craft companies are willing to invest. China […]
Baja California Sur Agreement on developing transboundary reservoirs between Mexico and US
By Adina Moloman Sources: www.presidencia.gob.mx, Business News Americas The governments of Mexico and the US have signed an agreement on cross border hydrocarbons, last month in Los Cabos, the same place which will take place the next G20 summit. Under this agreement signed by the by Secretary of State Hillary Clinton and Mexican Foreign Minister […]
Tijuana Reborn, reality or fiction
By Adina Moloman For those who lives or visits this border town city it is absolutely amazing noticing a change in the atmosphere. Not that long time ago, Tijuana Border town known for its violence caused by drug trafficking gangs or for its gambling and prostitution reputation starting in the 1920’s, is experiencing right now […]
Mexicans living abroad and the Federal Electoral Process in 2012
By Adina Moloman Sources: The Economist This year will take place the Mexican presidential election on July 1, but there is one aspect that continues to be a work in progress and that is the vote of the Mexicans living abroad. A voter registration card is required to vote in Mexico. The law mentions that […]
What’s in it for local firms with the arrival of the multinational companies?
By Adina Moloman Transnational corporations from all over the world are taking important decisions of relocating their productions facilities in developing economies considering different strategic arguments (costs, labor, logistics, market, etc). But the question is: what is the benefit for the local firms with the arrival of these multinational companies? Countries in development like Mexico […]
2012 OECD Report over Telecommunications Policy and Regulation in Mexico
By Adina Moloman Source: OECD Mexico had its telecommunications policy and regulation reviewed as a request of the Mexican Government. This report is having its evaluations and is giving recommendations over Telecommunications Policy in Mexico by using a data base collected in 2010 and 2011. The result of the analysis, in briefly, is that Mexico […]