INEGI: The Apr seasonally adjusted, annualized urban unemployment rate rose to 7.34% v. 7.04% in Mar -- annual trend rate 7.16%
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28 June 2009
INEGI: The Apr seasonally adjusted, annualized national open unemployment rate rose to 6.07% v. 5.40% in Mar -- annual trend rate 5.54%
Top Story Excelsior: To The Chamber, The same As Always - With 1wk for elections, "juniors", wives, brothers of pols make up the candidates
Top Story Cronica: PGR Arrests Pastor Of Casitas De Sur - Religious figure blamed for disappearance of seven minors from shelter
Top Story Milenio: Mancera: Difficult To Fight Narcos This Way - DF Prosecutor says without more funding, Fed Dist., states lacking tools
Top Story Universal: In past 3wks, vote defenders, analysts losing battle against absenteeism among youth
Top Story Financerio: Pessimism In Private Sector - The harshness of the recession and political divisions causing uncertainty in Mexico
Top Story Reforma: Living Punishment In US - The worst punishment for Mexican traffickers could be extradition to US with its severe prisons
26 June 2009
Top Story Cronica: Who Believes Karam, Gomez Mont, Bours? -- We don't trust the PGR, or the state prosecutor in the inquiry into ABC fire
Top Story Excelsior: Military Raids In Fed. Dist. Against Drug Dealers - Military, fed agents, raided small-time dealers in Federal District
24 June 2009
INEGI: Unemployment leaps to 6.0% in May from 5.4% in April; trendline at 5.5%; urban joblessness at 7.3% from 7.0% in April; trend 7.2%
Editorial Universal: US not wrong to look at human rights in Mexico; the more energetic the struggle, the greater vigilance necessary
Top Story Universal: Plan Merida, Tied To Human Rights - US Congress conditioned US$160mln on human rights report from army, police, navy
Editorial Jornada: Tropical storm Andres is start of natural disasters that will test government in midst of grave economic crisis
Top Story Jornada: France Won't Blink In Repatriation Case - Paris 'disappointed' convicted kidnapper Florence Cassez to stay in Mexico
Top Biz Story Reforma: Crisis Crunches Commerce - In first five months, Mexican exports fell 31%, steepest drop on record
Top Story Reforma: Bours Stares Down Calderon - Sonora Gov. Bours railed against President Calderon, govt protection in ABC daycare fire
Top Story Financiero: Banks To Close, Merge - Global financial crisis taking toll in Mexico, where banks will close and merge: WEF
Top Story Cronica: FCH Ordered IMSS To Blame Sonora: Bours - State governor says president using ABC daycare fire for political ends
Top Story Excelsior: No Permission Needed In Crime Fight - President Calderon warns drug war not political; collusion with narcos is a crime
Top Story Milenio: Calderon: In Counternarcotics War, I Don't Need Permission - Federal raids will continue in states without local approval
Top Story Economista: Financial System Inefficiencies Cost 2pts Of GDP - An efficient financial system would add 1.5-2pts to GDP, WEF says
23 June 2009
Trade: Intermediate good imports, seasonally adjusted, annualized for May -29.7%; trend at -27.5%; consumer goods -43.6%; trend at 42.6%
Trade: Manufactured goods exports seasonally adjusted annualized for May -29.4%; annual trend rate -17.4%
Trade: May exports -33.8%, seasonally adjusted, annualized; annual trend -21.4%; May imports -31.6%; trend -24.2%
22 June 2009
Markets: Bolsa IPC down 3.95% at close Mon at 23,314.68 v. open of 24,274.72 -- range 23,310.46 - 24,274.72
Markets: Peso firmed 0.63% at close Mon at 48hr sell rate of 13.3450 v. open of 13.4295 -- range 13.3067 - 13.4350
Markets: Bolsa IPC down 3.02% in early trade Mon at 23,541.92 v. Sun close of 24,274.72 - down 0.27% -- Sun range 24,274.72 - 24,637.99
Markets: Peso weakened 0.1% in early trade Mon at 48hr sell rate of 13.40 v. Sun close of 13.39 - firmed 0.0% -- Sun range 13.28 - 13.26
Editorial Jornada: Global hunger is an effect inevitable of neoliberal policies that prevent nations from guaranteeing domestic food supply
Editorial Universal: Blaming Sonora govt for daycare fire is unprecedented; IMSS should shoulder more blame or PAN will pay costs at polls
Top Story Universal: IMSS Blames Sonora Govt For Fire - Social Security places daycare fire responsibility with state government and ABC
Top Story Jornada: Tribunal Forces IEDF To Register Oliva - Federal Electoral Tribunal rules Federal District officials must register Oliva
Top Biz Story Reforma: WEF Ties Education Improvement To Competitiveness - Mexico will only improve if it increases education: WEF report
Top Story Reforma: Electoral Materials More Expensive - Some states pay dear for electoral propaganda, up to four times more in some cases
Top Story Economista: Rate Cuts Not Felt In Pocketbooks - The central bank rate cuts have not helped spending so far; long-term effects only
Top Story Financiero: World Bank Sees GDP Down -5.8% - The World Bank is predicting GDP to contract 5.8% this year due to influenza shutdown
Top Story Cronica: IMSS Will File Against ABC & Sonora Govt - IMSS will seek charges against daycare and Sonora govt in fire tragedy
Top Story Milenio: Federal Attorney General Not Investigating Godoy - Inquiry into Michoacan mayors does not extend to governor: PGR
Top Story Excelsior: Bours Administration Violated Warehouse Contract - Property rented by Sonora govt not for use of inflammable materials
21 June 2009
Top Story Universal: More Politicians Linked To La Familia - Federal inquiry into La Familia links with PRD govt in Michoacan widens
Top Story Reforma: PRD Enraged - PRD leadership charges that Federal Attorney General's Office leaked info on Michoacan Gov. Godoy
Top Story Jornada: Tribunal Forces IEDF To Hold Court, Register Oliva - Federal Electoral Tribunal forces DF court to register PRD candidacy
Top Story Milenio: PGR: Mayors Under Investigation, Not Governor - PGR says Michoacan Gov. Leonel Godoy not under investigation for narco
Top Story Cronica: 18 Arrests For ABC On Deck - Unofficial sources say 13 to 18 could be arrested for ABC daycare fire tragedy in Sonora
20 June 2009
Top Story Universal: Sex Tourism Inevitable: INM - Immigration Commissioner for sex tourism, human trafficking says Mexico can't eradicate
Top Biz Story Reforma: Banxico: Recovery Underway - In monetary policy statement, central bank says second half of year economy to improve
Top Story Reforma: Godoy Accused Of Cartel Backing - PGR, SIEDO investigation finds La Familia cartel backed, financed Godoy's gov. campaign
Top Story Jornada: One-Sixth Of Humanity Suffers Hunger: FAO - UN food org says 1 of 6 humans suffer hunger daily due to economic crisis
Top Story Milenio: Michoacan Operation Now Legal: Godoy - Gov. Leonel Godoy says prosecution of 27 of 30 Michoacan officials abiding the law
Top Story Cronica: UN Will Rule If News Victims Beaten To Death - Fed District asks UN forensics experts to investigate NewsDivine deaths
Top Story Excelsior: Special Prosecutor For ABC - PAN Sen. Castelo calls for creation of special prosecutor to investigate daycare tragedy
18 June 2009
Markets: Bolsa IPC up 1.09% in early trade Thu at 24,414.88 v. Wed close of 24,150.94 - down 0.31% -- Wed range 23,690.58 - 24,279.09
Markets: Peso weakened 0.4% in early trade Thu at 48hr sell rate of 13.41 v. Wed close of 13.36 - firmed 0.5% -- Wed range 13.36 - 13.26
Editorial: 3yrs of War - 30 months after Calderon launched counternarcotics all-out war, no signs of victory; can we ever win this?
Top Story Universal: 'Madam' Links Immigration Institute To Trafficking In Minors - From hiding, Keisy Johann Gonzalez Corrales blames INM
Editorial Jornada: Obama's financial regulations radical but necessary, doomed to stiff resistance from The Establishment on Wall Street
Top Story Jornada: Federal Police: We Do What We Can Against Narco - Top cop Rodolfo Cruz Lopez says resources limited against narco
Top Biz Story Reforma: Airlines Lose - Mexicana, Aeromexico to lose MXN6.4bln this year from crisis, swine flu
Top Story Reforma: Ortega Brands AMLO Traitor - Lopez Obrador's backing of PT candidate in Iztapalapa tantamount to party treason: Ortega
Top Story Excelsior: Congress Calls Bours On Carpet - PAN, PRD Pass Resolution To Include Sonora Gov. Bours In Daycare Deaths Inquiry
Top Story Economista: Govt Falls Short In Daycare - More than 8mln children lack public daycare and must be cared for by family, nannies
Top Story Financiero: Mexico, On Track For Worst Recession - Overestimating recovery in 2H09, lower risk ratings, biggest market worries
Top Story Milenio: Jesus Ortega: AMLO, Party Traitor - National PRD head says AMLO has betrayed party by supporting PT candidates
17 June 2009
INEGI: Apr seasonally adjusted, annualized Industrial Production Index 12.04% v. -17.66% in Mar -- annual trend rate -11.91%
INEGI: Apr seasonally adjusted, annualized IP/Manufacturing 19.56% v. -28.94% in Mar -- annual trend rate -8.65%
INEGI: Apr seasonally adjusted, annualized IP/Construction 9.18% v. -10.80% in Mar -- annual trend rate -2.90%
INEGI: Apr seasonally adjusted, annualized IP/Mining -15.07% v. 0.10% in Mar -- annual trend rate -1.33%
INEGI: Apr seasonally adjusted, annualized IP/Gas, Water, Power 13.64% v. 24.62% in Mar -- annual trend rate 5.53%
16 June 2009
Markets: Peso weakened 1.4% in early trade Tue at 48hr sell rate of 13.64 v. Mon close of 13.45 - weakened 0.3% -- Mon range 13.42 - 13.26
Markets: Bolsa IPC up 1.90% in early trade Tue at 25,372.70 v. Mon close of 24,899.69 - down 2.20% -- Mon range 24,790.35 - 25,460.25
Editorial Universal: Jul. 5 federal elections will be filled with candidates that are family members of politicians, union leaders, powerful
Top Story Universal: IMSS Cancels 78 New Daycare Centers - In middle of subcontracting process, institute bails out; 13,592 infants affected
Editorial Jornada: US, western powers must not intervene in post-electoral conflict in Iran; Ahmadinejad "the villain"; Obama acting wisely
Top Story Jornada: IMSS Halts 78 Daycare Subcontracts - Public bidding canceled at last minute; candidates paid between MXN20k and MXN100k
Top Biz Story Reforma: Small Banks, High Rates - In order to attract clients, startup banks paying high interest rates on deposits
Top Story Reforma: Elba Pays Millions To TV - Teacher union boss slates MXN150mln for Televisa to "improve image of quality of education"
Top Story Economista: Labor Agreements, More Airline Turbulence - Union leaders rule out more concessions w/o corp financial transparency
Top Story Financiero: Big Businesses Seek Cash - Amid liquidity squeeze, Cemex sells A$2.2bln in Australian assets, ICA prepares stock issue
Top Story Excelsior: Pemex Negotiates Cancel Of 11k Obsolete Jobs - Pemex says it closed dry oil wells, but unable to end union jobs there
Top Story Cronica: Daycare Centers Received MXN9bln In 2009 - 9 of 12 bln pesos slated for IMSS daycare this year assigned to subcontractors
Top Story Milenio: IMSS Cancels 78 Daycare Contracts - Citing force majeure, Mexican Social Security Institute annuls childcare subcontracts
15 June 2009
Markets: Bolsa IPC down 2.20% at close Mon at 24,899.69 v. open of 25,460.25 -- range 24,790.35 - 25,460.25
Markets: Peso firmed 0.30% at close Mon at 48hr sell rate of 13.4500 v. open of 13.4900 -- range 13.4150 - 13.4940
14 June 2009
Top Story Jornada: US Hospital Says Burned Children Treated Negligently - Shiners Hospital accuses IMSS hospital of fatal improper treatment
Top Story Universal: Military Leaked To El Chapo - Organized crime has infiltrated to mid-level army ranks; leaked info to Sinaloa Cartel
Top Story Milenio: Defense Ministry Nabs 10 Narco-Soldiers - Army intel tells Attorney General's Office troops on take from Sinaloa Cartel
Top Story Cronica: PRD Family Feud Leaves Party Without Iztapalapa Candidate - Deadline for DF mega-delegation candidate registration passes
Top Story Excelsior: Defense Ministry Nabs 10 Narco-Soldiers - Hands over officers to Attorney General's Office for links to Sinaloa Cartel
13 June 2009
Top Story Milenio: Zetas killed Milenio reporter Eliseo Barron to intimidate press, says Federal Attorney General's Office; gunman arrested
Top Biz Story Reforma: New Failure For Fenix - US$2bln petrochem megaproject suspended due to crisis: Pemex
Top Story Reforma: Organized Crime Pressures Customs - Inquiry into Veracruz agent abduction reveals threats, attacks on customs agents
Top Story Universal: Penal Charges For Lethal Daycare Fire: PGR - Failure to correct 2005 sanctions will lead to penal charges for center
Top Story Excelsior: Ratings Firms Skeptical On Fiscal Reforma - With elections looming, ratings firms doubt FinMin claim new reform coming
Top Story Jornada: Daycare Center Unsafe: PGR; Untrue, Say Owners - Attorney General says irregularities were found in 2005 inspections
Top Story Cronica: PRD v. PRD For Iztapalapa Candidate - In unprecedented act, fed electoral court annuls local elections; Clara Brugada out
12 June 2009
Bolsa
25397.14 Previous close
25,183.72 Yesterday close
25372.7 Today Open
-0.84% Yesterday gain
0.75% Open
More On MXN=X
Quotes
USD/MXN
(CCY: MXN=X)
Last Trade: 13.40
Trade Time: 11:54am ET
Change: Up 0.02 (0.17%)
Prev Close: 13.380
Open: 13.377
Day's Range: 13.37 - 13.45
52wk Range: 9.831 - 15.608
Bid: 13.40
Ask: 13.41
Editorial Universal: Mexican child labor, exploitation are an overlooked problem, and with poverty on the rise, it will only get worse
Top Story Universal: WHO Warns Mexico: Virus Rebound Coming - WHO advises country to prepare for a new wave of H1N1, probably next winter
Top Story Excelsior: Carstens Peddles Fiscal Reform In New York - Finance Minister pledges new reform to ensure fiscal crisis sustainability
Top Biz Story Reforma: Credit Card Defaults Hits Banks - Banks are having balance sheets hit as result of rising credit card defaults
Top Story Reforma: Calderon Offers MXN10mln Reward For Customs Agent - President launches campaign after kidnapping of federal agent
Editorial Jornada: The pandemic alert is worrisome in light of the vices and deficiencies exposes in April and May in national health system
Top Story Jornada: WHO Declares Pandemic For A/H1N1 - Declaration means nations must prepare for extensive battle against unstoppable virus
Top Story Cronica: IMSS Signed Off On 'Excellent' Security Off On Deadly Daycare - Days before fire killed 44 kids, govt approved safety
Top Story Financerio: Non-Bank Banks (Sofoms) Will Be Regulated To Avoid System Risk - Authorities reverse partially non-bank bank dereg
Top Story Economista: Aviacsa Loses Round With SCT - Transport Ministry wins flights suspensions on appeal to higher court
INEGI: Mar GFI Machinery & Equipment Indicator -16.9% v. -18.7% in Feb -- Annual trend at -7.1% in Mar
11 June 2009
FLU PANDEMIC: WHO raises alert level to highest at 6, indicating global swine flu pandemic has set it; first official death recorded in Mex
Markets: Bolsa IPC up 0.75% in early trade Thu at 25,372.70 v. Wed close of 25,183.72 - up 0.30% -- Wed range 25,047.96 - 25,372.22
Markets: Peso weakened 0.3% in early trade Thu at 48hr sell rate of 13.64 v. Wed close of 13.60 - weakened 0.2% -- Wed range 13.60 - 13.26
Editorial Universal: SCT neglected to appeal case to Supreme Court on time -- was it neglect, or corruption? Lead counsel also PAN leaders
Top Story Universal: SCT Cries Foul, Will Not Pay Diego - Transport & Comm. Ministry says will not pay twice expropriated land in lawsuit
Editorial Jornada: In Spain, UNAM university recognized once again, for academic importance - that, despite government neglect, underfunding
Top Biz Story Reforma: Aviacsa Charges SCT Bias - Says suspension meant to benefit competitor Volaris, up to MXN4mln in losses so far
Top Story Reforma: Red Tape Blocks School Repairs - MOre than 3k schools in terrible conditions, but repairs held up by bureaucracy
Top Story Jornada PGR: No Prison For Daycare Center - Crimes may be prosecuted, but fire 'was not intentionational' says Attorney General
Top Story Financiero: Under-utilization of budget on purpose: Legislators blame government for failing to timely spend this year's budget
Top Story Economista: High Insecurity Risks In Mexico - Costs US$770 per year per capita, has sever impact on competitiveness, says IMCO
Mexico's Shortcomings For Crisis: OECD says Mexico has not taken sufficient actions to confront global economic crisis; stimuli short-term
Top Story Cronica: PGR Rules Out Jail For Daycare Deaths - The possible charges are not felonious, Federal Attorney General says
Top Story Milenio: 'Atypical', Daycare Fire, Says Mayor - Hermosillo Mayor Gandara hands evidence to prosecutors, blames next-door warehouse
10 June 2009
Markets: Peso weakened 0.97% at close Wed at 48hr sell rate of 13.5800 v. open of 13.4500 -- range 13.4395 - 13.5880
Editorial Universal: Powerful politicians Diego Fernandaz, Antonio Lozano won MXN1.5bln for expropriation for port plan; but Acteal impunity
Top Story Universal: No Regulations For More Than 8k Daycare Centers - The Sedesol centers characterized by improvised and poor safety rules
Editorial Jornada:Crisis & Contrasts: US bank bailout is already being repaid, and without impunity; compare that to Fobaproa debacle in Mex
Top Story Jornada: At Risk, 8,315 Sedesol Daycare Centers; Precarious - Social Development Ministry spends 25% on kids of what does the IMSS
Top Biz Story Reforma: Lottery Requires Clear Operation - The Natl Lottery sells less, raises less revenue, but shielded by Los Pinos
Top Story Reforma: Labor Ministry Employs Official Under Investigation - Dismissed by the ministry's legal center, rehired by Lozano
Top Story Financiero: Mexico In The Worst Of The Crisis - Calderon says economy at its nadir; parties seek to grow deficit spending
Top Story Milenio: Nuevo Leon Business Groups Demand Military Security - After standoff between city cops, army, business seek army presence
Top Story Economista: No Officials Rules Govern Daycare Centers - The Health Ministry is the department to oversee regulations
Top Story Excelsior: Fitch May Lower Rating; Country Needs Fiscal Plan 'B' - PAN rules out reform to raise taxes
Top Story Cronica: Investigation Broadens To Bours Officials Linked To Daycare Center - Top PANista and IMSS official are under scrutiny
09 June 2009
Markets: Bolsa IPC up 0.70% at close Tue at 25,107.43 v. open of 24,932.88 -- range 24,847.051 - 25,188.770
Markets: Peso weakened 0.97% at close Tue at 48hr sell rate of 13.5800 v. open of 13.4500 -- range 13.4395 - 13.5880
Flu Panic: WHO mulls raising alert level for H1N1 influenza outbreak to its highest level, indicating pandemic; worried on border closings
Editorial Universal: Huge campaign funds spent have been useless; a few PAN votes have gone to PRI, and vice-versa; PRD remains in limbo
Top Story Universal: Jefe Diego Wins MXN1.5bln From SCT - Ex-Sen. Diego Fernandez, of PAN, won an injunction that will cost SCT MXN1.5bln
Editorial Jornada: Mystery, secrecy surrounds case of daycare center fire; authorities owe families, public a transparent explanation
Top Story Jornada: Bours: Daycare Center Of Fire Tragedy Owned By First Lady Relative - Sonora Gov. Bours fingers Zavala's aunt as owner
Top Biz Story Reforma: Pirate Business Model Lucrative - Knockoffs purchased in US, China, pay for plane ticket, labor; huge profits
Top Story Reforma: Corruption In Federal Detention Centers - The Federal Investigation Agency's holding centers have become corrupt as jails
Top Story Milenio: Army Pays High Price For Disloyal System - Army, Air Force have paid high price for dysfunctional democracy, general says
Top Story Cronica: IFE, Parties Unify Against Blank Ballots - Federal Electoral Institute, Parties lobby public against 'blank ballot' move
Top Story Financiero: Great Fiscal Gap, Double-Edged Sword - If fiscal deficit exceeds 2.5% of GDP, Mexico runs risk of default, experts say
Top Story Excelsior: Mexican Debt Payments At Risk - Mexico could default on loans to international organizations, warns IMF
08 June 2009
Markets: Bolsa IPC down 0.93% in early trade Mon at 24,680.59 v. Fri close of 24,913.01 - up 0.67% -- Fri range 24,676.14 - 25,045.94
Markets: Peso weakened 1.2% in early trade Mon at 48hr sell rate of 13.45 v. Fri close of 13.29 - weakened 0.5% -- Fri range 13.25 - 13.26
07 June 2009
Top Story Universal: DEA Investigates Football Teams - US DEA investigates if cartels launder money through major soccer league sports teams
Top Story Reforma: IMSS Defends Daycare Center; The Facts Refute - Though IMSS head called center safe, evidence and testimony defy him
Top Story Excelsior: 38 Kids Died; Federal Attorney General To Lead Investigation - Childcare deaths mount to 38 and 15 in ICU; PGR Steps In
Top Story Cronica: Businesses, Officials Investigated By PGR For Fire - Attorney General's Office will call for testimony for deadly fire
Top Story Milenio: SCT Never Said Aviacsa Unsafe: Judge - I was never notified by government of technical risks to airplanes, says judge
Top Story Jornada: Hermosillo Daycare Center, Apparently Safe: IMSS - Head of IMSS said site deadly fire 'apparently' safe; 37 children died
06 June 2009
Top Story Milenio: SCT To Blame Judge For Any Aviasca Disaster - Transport Ministry will hold judge "personally and directly" responsible
Top Story Cronica: Sonora Tragedy Kills 30 Children - At least 30 children died in an IMSS childcare center in a fire that started next door
Top Story Universal: Aviasca Restarts; 'Flyer Beware': SCT - The Transport Ministry, under judge's enjoinder, ended the grounding of airline
Top Story Excelsior: Sonora: Fire Kills 31 Babies - At least 31 infants between 1 and 5 yrs of age died in a daycare center in Hermosillo
04 June 2009
Markets: Bolsa IPC down 0.34% in early trade Thu at 24,566.78 v. Wed close of 24,651.32 - down 2.11% -- Wed range 24,515.91 - 25,183.83
Markets: Peso firmed 0.6% in early trade Thu at 48hr sell rate of 13.28 v. Wed close of 13.35 - weakened 0.6% -- Wed range 13.28 - 13.26
Editorial Jornada: The revocation of Cuba's ban from the Organization of American States ends its historical legacy of neocolonialism
Top Story Jornada: Foreign Capital Flight Of US$14.7bln - In 8 months, foreign investors pulled out nearly US$1 of US$2 held in govt bonds
Editorial Universal: As the Organization of American States revoked the ban on Cuba's membership, forced by the US in 1962, a new era begins
Top Story Universal: DF Will Not Accept More Federal Prisoners - Federal Dist. says overcrowded jails will not accept new federal prisoners
Top Biz Story Reforma: Passengers Suffer From Aviacsa Grounding - Hundreds of users clamored at airport yesterday, demanding refunds
Top Story Reforma: Reyes Baeza Accused Of Protecting Narcotrafficking - PAN says Chihuahua governor protecting narcos in his state
Top Story Financiero: Reforms Will Not Immunize Mexico - Sovereign credit rating may be cut if new structural reforms not tough enough
Top Story Economista: Opposition Urges Reform For Govt Savings Plan - PRD, PRI may convoke extraordinary session of Congress to cut budget
Top Story Cronica: 77% Of Companies Defrauded For US$900mln - Fraud, corruption cost nation 6.5% of GDP, Public Function Ministry says
Top Story Milenio: Mexico, Leader In Kidnappings With 18 Per Day - Country holds "absolute" first place in express kidnappings, extorsions
Top Story Excelsior: Take On Debt, Only Option For Mexico - Inter-American Development Bank says fall in revenue will force Mexico to borrow
03 June 2009
Transport & Communications Ministry grounds budget airline Aviacsa airline for 60 days for irregularities in the maintenance of 25 planes
Security: Military captures Gulf Cartel lieutenant Sergio Garcia Trevino; coordinated drug trafficking in Matamoros and Valle Hermoso
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Markets: Peso weakened 0.1% in early trade Wed at 48hr sell rate of 13.29 v. Tue close of 13.28 - weakened 0.8% -- Tue range 13.23 - 13.26
Editorial Universal: Elections overshadow anti-narco fight, but security concerns should not be politicized
Top Story Universal: Governors Call On Calderon For Respect - At security summit, opposition governors chide Los Pinos for Michoacan raids
Editorial Jornada: Organization of American States' failure to readmit Cuba reveals how obsolete the US neocolonial body has become
Top Story Jornada: Ebrard: Anti-Crime Battle Must Respect States - Head of Federal District says federal operations sow mistrust
Top Biz Story Reforma: Underemployment Up 63% - National Employment Survey reveals 5.1mln underemployed in Q1, up 63% y/y; informal jobs up
Top Story Reforma: States Demand Official 'Whistle' - PRI, PRD governors insist feds forewarn of counternarcotics sweeps in their states
Top Story Financiero: Sovereign Rating At Risk - Central bank warns crisis bares Mexico's economic vulnerability, puts credit rating at risk
Top Story Milenio - 2 Years, 1 Kidnapper Jailed - Of 374 arrested in past 2 years, only 1 has been sentenced, says NGO report
Top Story Cronica: Ebrard Offers Support, Demands Equal Treatment - Head of Fed Dist calls on Calderon to work with states on narco busts
Top Story Excelsior: PRD, PRI Governors Demand Federal Coordination In Anti-Crime Struggle - Opposition insist Los Pinos respect states
02 June 2009
Markets: Bolsa IPC up 0.31% at close Tue at 25,183.83 v. open of 25,106.12 -- range 24,958.11 - 25,416.03
Markets: Peso weakened 0.21% at close Tue at 48hr sell rate of 13.2750 v. open of 13.2470 -- range 13.2250 - 13.3197
INEGI: Producer Confidence Index (PCI) 35.54 points in May vs. 36.63 points in Apr (>50 manufacturing generally expanding, <50 contracting)
INEGI: Manufacturing Orders Index (IPM) 44.03 points in May vs. 44.89 points in Apr (>50 manufacturing generally expanding, <50 contracting)
Markets: Bolsa IPC down 0.27% in early trade Tue at 25,037.35 v. Mon close of 25,105.63 - up 3.18% -- Mon range 24,331.71 - 25,116.36
Markets: Peso weakened 0.9% in early trade Tue at 48hr sell rate of 13.29 v. Mon close of 13.18 - firmed 0.0% -- Mon range 13.09 - 13.26
Editorial Univeral: What Crisis? Despite hundreds of thousands of crisis-related job losses, narcos keep hiring; option for newly unemployed
Top Story Universal: Inmates Feed Among Filth - A video we obtained shows food prepared, consumed in filthy conditions in Mexico City jails
Editorial Jornada: Arrest of cops in Nuevo Leon irregular and yet another suspicious case of a crackdown in an opposition-governed state
Top Story Jornada: IFE OKs PAN Use Of Calderon In Spots - Federal Electoral Institute says ruling party may refer to president in campaign
Top Biz Story Reforma: Private Sector Seeks Credits For Vive Mexico - The tourism booster program came with much bark, little financing bite
Top Story Reforma: Dirty Bank Operations On Rise - Thru Apr FinMin Intel Unit reports 35% more suspicious transactions than in Jan-Apr 2008
Top Story Milenio: Number Of 'Impunity Zones' Grow to 980 - New Public Security Ministry report raises criminal hot spots to 980 from 233
Top Story Cronica: Army Captures 39 Cops In Nuevo Leon - Simultaneous military raids in three municipalities net 39 alleged narco-cops
Top Story Financerio: Private Sector Forecasts Deeper Recession: Mexico will remain in recession all year and suffer a deepening in Q2
COREX: Top Story Economista: GM Mexico Guarantees: Bankruptcy Will Not Affect US - Mexican plants will maintain ops despite US bankruptcy
Top Story Financiero: GM Mexico Guarantees: Bankruptcy Will Not Affect US - Mexican plants will maintain operations despite US bankruptcy
Top Story Excelsior: Mexico To Be Strategic For New GM - Mexico will be strategic for the new automotive company as it restructures: CEO
01 June 2009
Banxico: Remittances from Mexicans living abroad fell 19% in Apr from the year-ago month to US$1.8bln. YTD, remittances -8.7% to US$7.3bln
As of today, new passport rules apply to all US travelers 16 and older. Travelers are required to show a passport before entering US.
Banxico: Economist consensus survey forecasts 2009 year-end peso at 13.45/US$ in May, vs. 13.65 in Apr. and 14.25 in Mar.
Banxico: Economist consensus survey forecasts 2009 GDP fall of 5.82% in May, vs. 4.02% in Apr. and 3.32% in Mar.
Markets: Bolsa IPC up 3.18% at close Mon at 25,105.63 v. open of 24,331.71 -- range 24,331.71 - 25,116.36
Markets: Bolsa IPC up 1.61% in early trade Mon at 24,724.64 Fri close of 24,331.71 - down 1.33% -- Fri range 24,328.82 - 24,993.78
Markets: Peso firmed 0.8% in early trade Mon at 48hr sell rate of 13.08 v. Fri close of 13.18 - firmed 0.6% -- Fri range 13.08 - 13.26
Editorial Universal: Though public opinion of deputies and senators tags them worst of political class, better than legislature of Fox era
Top Story Universal: Experts: Congress Ends With Mixed Reviews - The 60th legislature relatively productive, but with important failures
Top Biz Story Reforma: Savers Lose With Bank Rates - Savings accts, CDs all offer negative returns in real terms in the main banks
Top Story Reforma: 15 States Mock Education Alliance - 15 states have ignored the Education Alliance; new teachers not made to compete
Top Story Economista: Bank Credit Slows In April - Outstanding loans shrank 1.4% to MXN1.6tln, Bank of Mexico says
Top Story Financiero: Bullet-Proofing Insufficient For Macroeconomy - The crisis is undoing binds to protect economy; reform failure evident
Top Story Jornada: SG: Michoacan Operation, Defending Politics - Interior Minister insists actions meant to close parties to narco influence