By Adina Moloman Source: Baja International Film Festival Baja International Film Festival will be held November 14-17 in Los Cabos, Baja California, Mexico. This is a first edition of an annual event, which has the goal of becoming one of the major international film festivals in Latin America. This first event is adopting the term [...]
The establishment of the first Embraer plant in Mexico
By Adina Moloman Sources: The Wall Street Journal, Reuters Over the last years Mexico government was focusing on the project of building an aerospace industry and eventually Mexico becoming Hub for Aerospace Industry. The results were positives, considering that this sector has averaged 20-25% growth the past five years, while attracting aerospace multinational companies such [...]
2012 Manufacturing Re-shoring and Near-shoring Survey
By Adina Moloman Source: AlixPartners AlixPartners, a global firm of senior business and consulting professionals specialized in improving corporate financial and operational performance, conducted a study over the present phenomenon or the necessity of Manufacturing Re-shoring and Near-shoring. Briefly Nearshore Outsourcing is the practice of outsourcing work to neighboring countries with geographical proximity and cultural [...]
Immigration facts
By Adina Moloman Source: New York Times The latest statistics are showing a significant drop in the number of migrants illegally crossing the border with Mexico. The decrease in illegal crossers —down to about 340,000 migrants apprehended in 2011 from a peak of 1.1 million in 2005 registered across all Border States with Mexico. At [...]
Improvements on Mexico Customs Regulations
By Adina Moloman Sources: United States- Mexico Chamber of Commerce, www.ventanillaunica.gob.mx Improvements on Mexico Customs Regulations are expected when using the Single Window web application, which enables international cross-border traders to submit regulatory documents at a single location and/or single entity from the Mexican federal government. The implementation of the single window system in Mexico [...]
Mexican climate change Low
By Adina Moloman Sources: RTCC, Climate Change Insights This week, Mexico’s House of Representatives, debated and also voted to approve a new General Law on Climate Change . To be official this new climate low should be approved by the Senate and signed by President Felipe Calderón. If everything goes as planned, Mexico may have [...]
Latest news on Mexico’s Presidential Campaign
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 [...]
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 [...]
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 [...]
