#INEGI: Manufacturing Stats: Factory headcount +4.0% in Jan on seas adj annual basis; biggest gain since Jul; aggregate work hrs +1.0%
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30 March 2011
Front Page Jornada: Senate Rejects 'Ninis' Plan - PRI bill to require 18yr youths w/o jobs or school to join military rejected by PRD, PAN
Front Page Milenio: Bravo Mena Urges PRD Support - PAN Edomex gubernatorial candidate says PRD should respect its own public referendum
Front Page Universal: U.S. Border Security Tougher - DHS now using canines, non-invasive scans on all rail cars entering Mexico
Front Page Excelsior: PAN-PRD Edomex Alliance Collapses - Defiant PAN goes with Luis Felipe Bravo Mena as candidate, PRD could now opt out
Front Page Financiero: Slower Business Creation - Only 1,046 new companies formed in Mexico in Feb, lowest number since April 2010
Front Page Economista: PRI, PAN Clash On Reform - Proposed reform for state-owned development bank at impasse, but PRI could override PAN
Front Page Reforma: Spending On Govt Spots Up 300% - In 2010, fed govt spent record MXN6.5bln on publicity, 3x the authorized budget
29 March 2011
Reforma Poll: State of Mexico votes 76% in favor of PRD-PAN alliance for Jul gubernatorial contest, prelim results show
#INEGI: Monthly GDP proxy index IGAE +14.8% seas adjusted to 120.68 in Jan (2003=100); tops pre-recession peak of 119.39 for 1st time
#INEGI: Monthly GDP proxy index IGAE +14.8% seas adj annual in Jan to 120.68 v. 119.30 in Feb; services +19.1%, industry +18.6%, ag -34.8%
BANXICO: Monetary base -MXN8.733bln in week ending Mar 25 to total of MXN631.374bln; annual variation -9.4%; YTD -MXN62.050mln
Front Page Universal: Supreme Court Upholds Electoral Law - Justices negate injunction against 2007 electoral reform as unconstitutional
Front Page Financiero: More Homes Have TV, Car, Computer: Calderon - Census shows durable good ownership up, president attributes better pay
Front Page Economista: Migration Down One-Third - Census results show migration 1.1mln from 2006-2010 v. 1.6mln in 2000-2005; more returning
Front Page Reforma: PAN, PRD Edomex Alliance Shaky - Electoral coalition for Jul gov contest uncertain as parties bicker over candidate
26 March 2011
Front Page Jornada: Washington Handed Down Fast & Furious Orders: CBS - CBS report reveals top US admin officials knew of ATF gun-walking op
Front Page Excelsior: Plan For VAT Return - SAT agency could operate machines to return 3% of VAT to formal taxpayers at cost of US$300mln
Front Page Cronica: Fast & Furious Approved By Top Levels - Ranking officials of US Dept of Justice knew of ATF gun-walking operation
Front Page Milenio: 'Ninis' To The Army - New bill: At 18 kids not working or in school would be required 3yr of obligatory military service
Front Page Universal: Embassy Sought To Block Operation - ATF Attache Darren Gil opposed the 2010 gun-walking plan for weapon smuggling op
25 March 2011
Front Page Universal: Border Patrol Let Arms Pass - Another gun-trafficking corruption case surfaces with arrest of Columbus, NM mayor
Front Page FInanciero: Final 2 For PRI Candidacy - Party to choose between Eruviel Ávila, Alfredo del Mazo for Jul gubernatorial candidate
Front Page Economista: Science & Industry Look To Outer Space - Mexican Space Agency takes first step with formation of board of directors
Front Page Reforma: Violence Displaces 120k - Some 120k abandon city of residence in 2010 due to violence, most in Chihuahua and Tamaulipas
#INEGI: Mexican imports +15.6% on seas adj annualized basis to US$28.3bln in Feb, +22.0% y/y unadjusted; cost of gasoline imports weighs
#INEGI: Mexican exports -4.8% on seas adj annualized basis to US$28.0bln in Feb, but still +20.9% y/y unadjusted; booming oil prices support
24 March 2011
#BANXICO: Despite soft overall consumer price results, due to crop freeze tortillas spike 2.64% in 2wks, +6.61% YTD, +11.64% annualized
Front Page Universal: Stop Cash & Guns, Calderon Tells US - Prez. tells delegation of US Congress halting guns, money only solution to narco
Front Page Financiero: Mexico Stock Exchange Hit By Volatility - Bolsa -5.2% YTD, though NYSE has risen; past 2wks stock index has risen
Front Page Economista: Pensioneers Exempt - Chamber Finance Committee passes bill to exempt pensions from income tax up to 25 min salaries
Front Page Reforma: PRI Ties Up Gordillo Net - New Alliance Party pledges 800k votes for PRI in Edomex elections
#INEGI: Seas adjusted open TOTAL unemployment rate ticks up from 5.28% in Jan to 5.21% in Feb; last Feb10 stood at 5.30%
#INEGI: Seas adjusted open URBAN unemployment rate ticks up from 6.13% in Jan to 6.14% in Feb; last Feb10 stood at 6.44%
23 March 2011
#BANXICO: Money supply up MXN6.530bln to a balance of MXN640.107bln in week ending Mar. 18; monetary base +10.2% y/y in nominal terms
Front Page Universal: Obama Cites Calderon Frustration - On LatAm tour, prez says Mexico, U.S must together face narco cartel challenge
Front Page Reforma: Regulating State Debate - Senate to vote on bill that would oversee debt management of state governments
21 March 2011
MARKETS: Today is a federal bank and markets holiday to commemorate the expropriation of the national petroleum industry
Immigration Survey: 79% of Mexicans want tighter southern border; Guatemalans, Colombians reap most negative opinions as immigrants
18 March 2011
Front Page Financiero: Senate Condemns Foreign Policy - Opposition objects to response to US Fast & Furious and drone flyovers
Front Page Economista: Oil Pilfer Costs $3bln/yr - Tapping Pemex pipelines doubled from 2009 to 2010
Front Page Reforma: Ex-Governor Accused Of Plunder - Tlaxcala Ex-Gov Hector Ortiz (PAN) charged by Fed Attorney Gen of taking protected land
17 March 2011
Front Page Universal: PRI, FinMin Clash Over Fiscal Reform - Govt says PRI bill to lower taxes would cost 1.6% of GDP
Front Page Reforma: Productivity Rises With Competition - Mexican Competitiveness Institute says productivity up to 10 times higher
11 March 2011
Front Page Universal: Mex, US Clash Over Fast & Furious Op - ATF scheme to leak weapons into smuggling routes for tracing causes bilat spat
Front Page Financiero: Labor, Tax Reforms From PRI - Fiscal bill would lower VAT tax, eliminate Single-Rate Business Tax (IETU) alt minimum
Front Page Economista: Brands Devour Sports - MXN57bln in adspend goes to sports; Mex Soccer League takes lion's share; 7th worldwide
Front Page Reforma: Hillary Attacks FinMin - Once again Hillary Clinton criticized Mexico's internal politics, this time its tax collection
10 March 2011
#INEGI: Public Security Perceptions: Index falls to 97.6 in Feb11 from 98.2 in Jan11 and 98.5 in Feb10 (Apr09=100)
#INEGI: Biz Cycle Indicators: Leading Index +0.23 pts in Dec10, biggest gain since Jan10; above 100 threshold; near-term growth outlook
#INEGI: Biz Cycle Indicators: Current Index +0.11 pts in Dec10, biggest gain since May10, remains above 100 threshold: economy in expansion
Front Page Universal: Cartels Threaten US Cops - Paper says DHS document cites contracts placed on U.S. sheriffs who seize cartel shipments
Front Page Excelsior: SCT Blames Gov. Agundez For Narco-Port - Feds say permit for private Baja California Sur airport issued by state govt
Front Page Financiero: Peso Busts 12-1 Barrier - Mexican currency finally firms beyond MXN12/US$ technical trading limit, ends at 11.9330
Front Page Economista: Slim, World's Richest, Again - Carlos Slim valued by Forbes at $74bln; his fortune is up 38% from last year
Front Page Reforma: Now Telmex Sues Broadcasters - Files complaint with antitrust agency CFC; also targets cable companies in CFC suit
09 March 2011
Front Page Universal: Senate Strengthens CNDH - W/reform, Natl Hum Rts Com will be able to mediate labor disputes, investigate court cases
Front Page Excelsior: BCS Gov Promoted Dark Investments - Governor of Baja Califoria Sur backed private airport opened by drug trafficker
Front Page Financiero: Poor Performance: Moody's - Macroeconomic stability is not enough to improve employment, wellbeing
Front Page Economista: Telmex Divests Telmex Social - Restructuring spins off unit that 'operates in rural, underserviced areas of country
Front Page Reforma: 25 To Sue Telmex-Telcel - Fixed and mobile telephony operators to file complaint with antitrust CFC agency
#BANXICO: Headline consumer inflation index +0.38% in Feb to 3.57% v. 3.78% in Jan; core (underlying) inflation +0.4% to 3.26% v. 3.27%
08 March 2011
Front Page Universal: Obesity Heightens Female Mortality - Mexican women lead OECD in overweight stats as diabetes spikes; 36k deaths/yr
Front Page Excelsior: Calderon Liquidates PAN: Moreira - PRI chief says president spurns internal aspirants, leaves them KOd
Front Page Financiero: Mexican Tourism Improves - World Economic Forum report on tourism ranks Mexico 43/133 nations, up 8 spots from 2009
Front Page Economista: Public Function Ministry Argues Whistleblowing - Tables anti-corruption bill and amendments to fed public servant law
Front Page Reforma: Piggy Bank Criticized - Congress fails to return to treasury MXN105.5mln in surplus operating budget from 2010
#EMPLOYMENT: Mexico Manpower Employment Expectations Survey: lowest net increase seen in hiring tendency in construction at 9% in Q211
#EMPLOYMENT: Mexico Manpower Employment Expectations Survey: lowest net increase seen in hiring tendency in southeast at 9% in Q211
#EMPLOYMENT: Mexico Manpower Employment Expectations Survey: highest net increase seen in hiring tendency in manufacturing at 23%
#EMPLOYMENT: Mexico Manpower Employment Expectations Survey: highest net increase seen in hiring tendency in Q211 in northeast at 23%
#EMPLOYMENT: Mexico Manpower Employment Expectations Survey: 16% net increase seen in hiring tendency in Q211 v. 16% in Q111 17% in Q410
04 March 2011
#BANXICO: Central bank holds benchmark overnight lending rate at 4.5%, says risks to inflation target rising amid MENA conflicts
Front Page Milenio: President Criticizes Pascual - Calderon tells Washington Post US Ambassador to Mexico grievously harmed bilateral ties
Front Page Universal: Calderon Offers US Agents 'Security' - In US visit president offers to explore with Congress all options for US agents
Front Page Excelsior: US Offers To Halt Harm Sales - For 1st time, Obama pledges to seek ways to control guns trafficking to Mexico
Front Page Financiero: High Inflation Would Halt Global Growth - Two-headed monster of demand and rising commodity prices will tighten money
Front Page Economista: Stabilization Funds Strengthening - Higher oil prices will rebuild, grow rainy day funds, tapped during recession
Front Page Reforma: ALDF To Amend H2O Bill - Fed Dist Leg Assembly to amend private contract municipal H2O supply bill to make H2O a right
#INEGI: Consumer Confidence Durable Goods Purchases Sub-Index (2003=100) +3.39% seas adj m/m basis to 79.61 in Feb v. 77.00 in Jan
#INEGI: Consumer Confidence Country Future Expectations Sub-Index (2003=100) +0.55% seas adj m/m basis to 98.76 in Feb v. 98.22 in Jan
#INEGI: Consumer Confidence Country Perceptions Sub-Index (2003=100) +6.00% seas adj m/m basis to 93.02 in Feb v. 87.75 in Jan; 2yr+ peak
#INEGI: Consumer Confidence Household Future Expectations Sub-Index (2003=100) +0.74% seas adj m/m basis to 100.66 in Feb v. 99.92 in Jan
#INEGI: Consumer Confidence Household Sub-Index (2003=100) -2.69% seas adj m/m basis to 94.00 in Feb v. 96.59 in Jan; 2yr peak 100.43 in Nov
#INEGI: Consumer Confidence Index (2003=100) +1.61% seas adj m/m basis to 93.17 in Feb v. 91.69 in Jan; highest in 2+ yrs
03 March 2011
#INEGI: Manufacturing Orders Index (IPM): Headline index 0.14pts in Feb from Jan but remains in 50+ territory, indicating future expansion
Front Page Universal: Fed Dist Suffers Drug Dealing, Not Gang War - City officials say 7 cartels present for retail, not trafficking routes
Front Page Excelsior: Anti-Bribery Law - Los Pinos pops bill to punish companies that bribe public officials or game public works bidding
Front Page Financiero: Tucotel Demands Interconnection Fee Regulations - Anti-Telmex Alliance of mobile, fixed phone cos seeks govt rules
Front Page Economista: A Chance To Heal Wounds - Obama-Calderon meet comes at tough moment, and little progress should be expected
Front Page Reforma: Mexico City Mayor Ebrard proposes decentralizing, privatizing municipal water supply
02 March 2011
Front Page Milenio: In 2 Yrs, 4.8mln More Poor - Federal antipoverty agency Oportunidades says higher food prices, Great Recession the cause
Front Page Universal: Fed Police: 7 Cartels In Fed Dist - La Familia, Sinaloa, Zetas, Juarez, Gulf, Beltran Leyva, Edgar Valdez Villarreal
Front Page Excelsior: Private Firms To Scout Oil - Pemex published rules for exploration, drilling contracts for 3p energy companies
Front Page Financiero: Mexico War Chest Nears US$200bln - Reserves up $5.5bln to $121.8bln plus IMF credit line of $72bln
Front Page Economista: Mexicana, PC Capital Deal Crashes - Investors couldn't prove US$200mln in funds, airline back on the block
Front Page Reforma: CFC Seeks To Mediate Slim-TV Row - Antitrust agency suggests international panel recommend interconnection tariffs
01 March 2011
#BANXICO: #Consensus Survey: 2011 FDI seen at US$19.4bln v. US$19.5bln in last month's survey; 2012 FDI seen at US$21.2bln v. US$21.1bln
#BANXICO: #Consensus Survey: 2011 year-end 48hr sell peso/US$ seen at 12.23 v. 12.32 in last month's survey; 2012 FX seen at 12.52 v. 12.53
#BANXICO: #Consensus Survey: 2011 28-day Cetes year-end seen at 4.66% v. 4.62% in last month's survey; 2012 rate seen at 5.73% v. 5.64%
#BANXICO: #Consensus Survey: 2011 inflation seen at 3.94% v. 3.91% in last month's survey; 2011 core inflation seen at 3.65% v. 3.67%
#BANXICO: #Consensus Survey: 2011 GDP growth seen at 4.10% v. 3.93% in last month's survey; 2012 GDP seen at 4.03% v. 3.99%
#NARCO: Navy arrested Zeta commander Sergio Antonio Mora of San Luis Potosi, where gang allegedly killed ICE agent Jaime Zapata http://ping.fm/AGYVc
Front Page Milenio: Jan-Feb Bloodiest Bimester To Date - 1,054 executions in Feb bring YTD total to 2000+ v. 1,703 in Jan-Feb 2010
Front Page Excelsior: Congress Raises Pay - In 2011, Congress will spend MXN267mln more than in 2010 on salaries and per diem allowances
Front Page Financiero: Mexican Crude Oil +12% - The basket of Mexican crude oils rose 12.1% in February to US$97.92/bbl