By Adina Moloman Sources: The Economist, The Washington Post, New York Times With a little more than two month before the next Mexico’s presidential election, there are three main candidates disputing the presidency, but voters are frustrating by corruption, impunity, poverty, monopolistic companies, etc. Opinion polls vary widely (depending on the data source), and generally [...]
US-Mexico – Canada 2012 Summit
By Adina Moloman Sources: The Wall Street Journal, Global Post After trade tension between Mexico and Latin American countries (Brazil, Argentina) that we’ve discussed in previous articles, Mexico assisted to a new reunion this Monday, April 2nd with the propose to join another trade regime , among other, between US, Mexico and Canada. The US [...]
Mexico auto deal with Argentina
By Adina Moloman Sources: Reuters, The Wall Street Journal After Brazil had first the attempt to break the accord at the World Trade Organization on a long-standing bilateral auto accord with Mexico, shortly after it was Argentina’s turn to change the auto trade agreement with Mexico to slow imports of vehicles and automotive parts coming [...]
Innovative water technologies in Baja California
By Adina Moloman Sources: SEDECO, Renewable Energies Baja California Governor, Osuna Millan, concluded a tour in Israel, to see the latest innovative irrigation systems and other innovative water technologies. Israel is well known as a global leader in innovative water technology, especially for agricultural use. This innovative water technologies consists is drip irrigation, water recycling, [...]
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 [...]
