06 December 2009

http://intel4intelligence.blogspot.com

Top Story Universal: Businesses Charge Military Extortion - Crime, killings so far out of control, protection extortion by military rumored

Top Story Jornada: PRI, PAN Prepare To Privatize Public Services - Parties poised to pass private-public JV bill; PRD says would privatize

Top Story Reforma: States Reject Federal Police - More than half of governors polled by Reforma refuse to disband municipal police for feds

Top Story Excelsior: Mexico Leads In IACHR - For first time in history, country registered most human rights complaints with OAS Commission

Top Story Cronica: Alliances With PRI, PAN Divides PRD - At national party summit, New Left left multipartisan overtures irks rival factions

Top Story Milenio: Chuchos PRD Faction Declares Open To Alliances, Even With PRI Or PAN - Rival factions object to multipartisan deals

05 December 2009

Mexico Watch/latinintel.com is fighting a lawsuit brought by Intel Corporation; please read more at http://intel4intelligence.blogspot.com

Mexico Watch/latinintel.com is fighting a lawsuit brought by Intel Corporation; please read more at http://intel4intelligence.blogspot.com

Mexico Watch/latinintel.com is fighting a lawsuit brought by Intel Corporation; please read more at http://intel4intelligence.blogspot.com

NOTE: Our Mexico Watch newsletter archives http://www.latinintel.com are currently down due to hacker attacks; we are moving to a new host

NOTE: Our blog http://mexicowatchblog.latinintel.com/mexicointel.html is currently down due to hacker attacks; we are moving to a new host

Markets: Stocks: Bellwether IPC index closes week at 32,105.39, a gain of 4.3% from previous Fri close of 30,775.45

Markets: FX: Peso ends week at benchmark 48hr interbank sell-rate of 12.6830, 2.0% stronger than previous Fri close of 12.9400

Top Story Universal: All Influenza Now A/H1N1: WHO - Swine flu has crowded out seasonal flu, 99.9% of influenza cases are A/H1N1 now

Top Story Jornada: Narco Keeps Monterrey In Check - Narco gang assaults holding facility while in nearby city Zetas clash with police

Top Biz Story Jornada: Bank credit contracts 3% in Oct - Business loans -3% y/y, first negative result in commercial lending since May 2004

Top Story Reforma: General's Killer Dies In Shootout - Zetas, Cops Clash In Juarez; 12 narcos dead, including suspect in recent execution

Top Biz Story Reforma: Banks Asked For Transparency - Central bank seeking for broader disclosure requirements from bank in finance reports

Top Story Milenio: SME To Meet With Mediators On Mon - Electric Workers Union to agree on terms of negotiations w/govt over closure of LFC

Top Story Excelsior: Commando Frees 23 Prisoners - Heavily armed gang bursts into Nuevo Leon pre-trial holding facility, kills 2 guards

04 December 2009

Inegi: Headline Consumer Confidence Index -0.2% in Nov to 79.4 (2003=100) on month-to-month, seasonally adjusted basis

Inegi: Consumer Confidence Sub-Index on durable goods purchases -2.2% in Nov to 55.1 (203=100) on month-to-month, seasonally adjusted basis

Inegi: Consumer Confidence Sub-Index for future of economy +0.7% in Nov to 88.6 (2003=100) on a month-to-month, seasonally adjusted basis

Inegi: Consumer Confidence Sub-Index for national economy +1.0% in Nov to 74.1 (2003=100) on a month-to-month, seasonally adjusted basis

Inegi: Consumer Confidence Sub-Index for household future -0.1% in Nov to 92.8 (2003=100) on a month-to-month, seasonally adjusted basis

Inegi: Consumer Confidence Sub-Index for household welfare -0.1% in Nov to 85.0 (2003=100) on a month-to-month, seasonally adjusted basis

Inegi: Headline Consumer Confidence Index -0.2% in Nov to 79.4 (2003=100) on a month-to-month, seasonally adjusted basis

Editorial Universal: National PRD summit this weekend will only expose internal fractures; major figures will skip meet by an imploding left

Top Story Universal: Slave Ring Smashed - Iztapalapa factory worked by 107 slaves; Mexico City police implicated in capture, imprisonment

Top Story Jornada: Narro May Mediate Between Govt, SME - Dean of UNAM university, Jose Narro, agrees to facilitate talks on LFC closure

Top Story Reforma: Extortionists Use Banking System - Operation to combat telephone extortion locates 4,600 deposit accounts used by crooks

Top Biz Story Reforma: Mortgage Defaults Spike During Crisis - During Jan-Oct, bad housing loan portfolio grew 46% in real terms nationwide

Top Story Financiero: Business & Congress Working On Fiscal Reform - Both tabling new proposals after 2010 tax code rankles private sector

Top Story Economista: Los Pinos Mum On Central Bank Governor - President keeping nominee name under wraps until Dec. 14 deadline

Top Story Cronica: Mexico City Assembly PRD Files To Remove Juanito - Left wing of party joins with Labor Party to ban Iztapalapa delegate

Top Story Milenio: 107 Slaves Freed In Fed District - Iztapalapa rehab center was front for factory that enslaved addicts & indigenous labor

Top Story Excelsior: 4,600 Bank Accts Used For Extortion - In 2yrs of anti-telephone extortion program, 4,600+ blackmail accounts uncovered

03 December 2009

Mexican Institute of Finance Executives manufacturing index snaps 5mos of gains; scores 52.6 in Nov v. 52.7 in Oct; >50 indicates growth

Editorial Universal: Mexico is not a failed state -- at the federal level; but many municipalities are corrupt, poorly run, and insecure

Top Story Universal: Narcos Going For Elections: Calderon - President says drug cartels are financing municipal candidacies in power grab

Editorial Jornada: The talks between Los Pinos and the SME do not look promising; Calderon Administration has proven anti-union and hardline

Top Biz Story Jornada: In 2009 425k Jobs Wiped Out By Crisis: Ortiz - Central bank governor says job creation in 2010 will not replace all

Top Story Reforma: Governors Enjoy Opacity - Only 7 of 32 states have laws to track, punish misuse of federal funds sent to state coffers

Top Biz Story Reforma: Ortiz Says 'Satisfied' With Record - Though ready to serve another term, if replaced Banxico governor proud of record

Top Story Financiero: Inflation Target Out Of Reach - Tax code changes, 'possible' public rate hikes push back 3% inflation goal to 2011

Top Story Economista: I Will Remain In Post If Asked: Ortiz - Central bank governor willing to serve another 6yr term if appointed, approved

Top Story Excelsior: Inflation To Be Higher: Banxico: Central bank says inflation rate to rise to 4.75% to 5.25% on new taxes in 2010 code

Top Story Cronica: PRI Proposes Committee To Regulate Nat'l ID Card - Party wants legislative body to oversee subcontracting, database use

Top Story Milenio: Govt Ministry To Call For 5 'Notables' - Seeking neutral mediators for talks with Mexican Electric Workers Union (SME)

02 December 2009

Banxico: Remittances fell 36% to US$1.69bln in Oct from US$2.64bln in the same month last year; also down from US$1.74bln in Sep 09

Banxico: Nov consensus survey reveals forecast of -7.02% annual GDP variation for 2009, v. -7.15% in Oct; 2.93% in 2010, v. 2.94% in Oct

Banxico: Nov consensus survey reveals forecast of 13.16 peso/US$ exchange rate 2009, v. 13.31 in Oct; 13.22 in 2010, v. 13.29 in Oct

Banxico: Nov consensus survey reveals forecast of 4.52% 28-day Cetes interest rate for 2009, v. 4.54% in Oct; 5.61% in 2010, v. 5.68% in Oct

Banxico: Nov consensus survey reveals forecast of 4.02% inflation rate for 2009, v. 4.23% in Oct; 4.86% in 2010, v. 4.54% in Oct

Inegi: Nov Producer Confidence Index -0.63% from Oct (unadjusted) to 39.4; <50 indicates sector is generally contracting

Inegi: Nov Manufacturing Orders Index (IPM) up 0.88% from Sep to 50.1 on seasonally adjusted basis; score >50 indicates sector is expanding

Markets: Stocks: Bellwether IPC Index up 1.14% on day to close at 32,111.79 points; volume of 237,542,136 shares traded

Banxico: Credit to non-banking private sector -1.6% in Sep y/y in real terms; mortgages +3.2%, biz loans +4.0%, consumer credit -21.7%

Markets: FX: Currency gains 1.0% on day to close benchmark 48hr interbank sell-rate at 12.7575 pesos/US$

Editorial Universal: Controversial federal witness protection program to root out corruption just got more controversial with Tue's slaying

Top Story Universal: PGR's Deep Throat Killed - Key corruption protected witness for Attorney General Office slain at Mexico City Starbucks

Top Story Jornada: Ebrard Says 2010 To Be Difficult Economy For Federal District - Says MXN128bln city budget to prioritize social needs

Top Story Reforma: PGR Loses Another Witness - Tlaxcala prosecutor and protected witness for "Operation Cleanup" gunned down in Mexico City

Top Biz Story Reforma: Chinese Pressure With Tech - Low-value Chinese goods in Mexican market climbing value chain to more high-tech goods

Top Story Excelsior: Tax Plan To Increase Joblessness - Firms unprepared for consolidation obligations in 2010 tax code; mass firings seen

Top Story Financiero: Publicly Traded Firms Defer MXN178bln In Taxes - As of Q3, 30 largest firms had tax debts equal to 40% of ISR and IETU

Top Story Economista: Let Ortiz Stay: Beltrones - PRI Senate leader Manlio Beltrones favors keeping Guillermo Ortiz at helm of central bank

Top Story Milenio: Govt Ministry Accepts Mediation - Agrees to renewed talks with SME union with academic, congressional referees present