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 Business News 
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Bluefin Tuna Becoming a Blue-Chip Industry
 Allison Hoffman
Pacific bluefin tuna leave Japan's coast and swim east at breakneck speed to school in North American coastal waters. They return on nonstop flights from Los Angeles as slabs of fresh toro, the "foie gras of the sea," fattened, refrigerated and ready for the sashimi knives.
Bolsa Soars to Record High
 El Universal
Stocks rose to a record Friday, as the Bolsa index had a second- straight weekly gain on prospects of legislation to spur consumer spending.
Consumers Begin to Fight Back in Mexico
 Jeremy Schwartz
Experts say Mexico's authoritarian past - it was ruled for 71 years, until 2000, by the Institutional Revolutionary Party - has stunted a consumer rights movement that is only now finding its voice.
Mexican Shirt Company Makes Waves by Touting Tacky to a Tee
 Reed Johnson
The word is "naco," and in the past it usually translated as "tacky," "vulgar" or "cluelessly unfashionable." But in Mexico these days, naco is becoming chido, thanks in no small part to NaCo., a T-shirt and accessories company that has become one of the country's hottest brand names.
Mexico Keeps Rates Steady, Warns Hike Possible
 Greg Brosnan
Mexico's central bank held its benchmark overnight interest rate steady at 7 percent Friday but warned it could soon raise rates even if inflation cools in coming months.
Mexico's Slim Eyes Airport, Roads
 Chris Aspin & Noel Randewich
Mexican billionaire Carlos Slim, the world's third richest man, said on Thursday his infrastructure firm IDEAL is interested in bidding to build and operate an airport in Mexico's Riviera Maya resort area.
Mexico's Banorte Sees High Credit Growth
 Reuters
Banorte, Mexico's No. 5 bank, expects its loan portfolio to grow 22 percent in 2007 and sees strong demand for credit in the next five years, a top bank official said on Thursday.
Stocks Rise in Best Day of Year
 El Universal
Stocks rose the most in almost five months as the U.S. Federal Reserve´s statement on interest rates alleviated concern that higher borrowing costs will crimp demand in Mexico´s biggest export market.
Mexico's GAP Revs Up
 Cyntia Barrera & Veronica Gomez
Leading Mexican airline operator GAP plans to boost revenues as much as 9 percent this year and said it could bid for a planned airport in the Riviera Maya tourist area if conditions are right.
Mexico Tourism, Travel & Real Estate Expo - June 2nd, 2007
 Ted Donovan
We hope you will join us in promoting Mexico and your business or organization by exhibiting at the Mexico Expo. This is the opportunity to reach your consumer/tourist market in San Francisco and San Jose, California.
Think America's Debt Doesn't Affect You? Think Again
 John F. Ince
With Bush and cronies having added over $3 trillion dollars to the national debt, the country's credit card tab now stands at $8.8 trillion. This represents an astounding increase of over 45 percent since Bush came into office in January of 2001.
New Business Models? Dial S for Skype.
 Hillary Woolley
With Skype, Bill Lewis is bringing in the same $5,000 a month he did when working on a landline. And he's doing it from Puerto Vallarta, Mexico, where he lives two blocks from the beach.
Mexican Economy at Less Risk from U.S. Slump - Carstens
 Reuters
Strong consumer demand and investment have made Mexico less susceptible than before to economic downturns in the United States, its main trading partner, Mexican Finance Minister Agustin Carstens said on Sunday.
Mexico Says Oil Monopoly Struggling
 Mark Stevenson
Mexico's state oil monopoly is in "critical" condition and needs to boost exploration and seek outside expertise to replenish oil reserves that are currently set to last less than a decade, energy officials said Sunday.
Paper Money is a Claim on Wealth
 Dan Amoss, CFA
Contrary to popular opinion, paper money is not wealth. Paper money is a claim on wealth. It only has value to the extent that it can be exchanged for things — a bushel of corn, a gallon of gasoline, a dental cleaning, or an Intel microprocessor.
Mexico Banks Cite Studies to Fight Fees Bill
 El Universal
Banks ramped up their opposition to Senate bills designed to cap consumer costs by citing findings from two studies concluding that lenders are reducing fees and interest rates on loans.
Mexico Hopes to Develop Constructive Ties with Cuba
 Xinhua
Mexican President Felipe Calderon said on Wednesday that his country wants to develop constructive relations with Cuba in efforts to boost the friendship between the two countries.
Slim Mocks Gates, Buffett
 Mark Stevenson
The world's third-richest man, Mexican telecom magnate Carlos Slim, poked gentle fun at the philanthropy of Bill Gates and Warren Buffett, and said businessmen can do more good by building solid companies than by "going around like Santa Claus" donating money.
Mexican Economy Poised for Greatness
 Patrick Mcgee
When Mexican President Felipe Calderón meets with President Bush today, he is expected to discuss his plans to improve prospects for Mexican workers so fewer of them will try to come to the United States.
Loan Turmoil Closes Doors for Buyers
 Annette Haddad & E. Scott Reckard
Many would-be home buyers, and homeowners who want to refinance, are finding that virtually overnight their status has changed: They no longer are eligible for the kind of easy-credit loans that helped millions of people join the ranks of property owners during the housing boom.
The Mexican Army and its Controversial New Rifle
 Allan Wall
The massive military parade held on Mexican Independence Day (September 16) is an annual tradition. In September of 2006, it provided the opportunity to showcase Mexico’s new FX-05 “Xiuhcoatl” assault rifle.
Fleetwood Moving Some Trailer Production to Mexico
 Jonathan Shikes & Josh Brown
Fleetwood Enterprises Inc. said Thursday that it will open a plant in the border town of Mexicali this May, becoming the first U.S. company to make RVs in Mexico. The news comes six days after the Riverside-based RV and manufactured-housing producer announced plans to close three of its nine U.S. travel-trailer factories.
Mexico Stock Exchange Plans Own IPO in October
 Jason Lange - Reuters
Mexico's stock exchange hopes to sell its own shares in an initial public offering at the end of October, its president told reporters Thursday.
Carlos Slim Strengthens Forbes Ranking
 Marla Dickerson
Telecom mogul Carlos Slim Helu has built a corporate empire so vast that it's nearly impossible for most Mexicans to go a day without slipping a few pesos into his pocket. On Thursday, Forbes magazine estimated his net worth at $49 billion.
Megaport Picks Up Momentum
 Diane Lindquist
Baja California officials are drawing up a master plan for the development of the city that will surround the planned Punta Colonet megaport 150 miles south of the border, Gov. Eugenio Elorduy Walther said in an interview with The San Diego Union-Tribune.
Mexican Markets Up on Recovery in Global Equities
 Reuters
Mexican stocks, government bonds and the peso all rose on Tuesday as global equities markets rebounded from a week-long slump.
The US Housing Bubble Starts to Burst
 Dean Baker
While the collapse of the housing bubble was both predictable and inevitable, it is not pretty. Tens of millions of people will be hurt as they see much of the equity in their homes - money that most had counted on to support their retirement - disappear.
Mexico Stocks Slammed By Global Equity Sell-Off
 Reuters
Mexican stocks fell sharply on Monday, slammed by an ongoing global equity sell-off, while the peso firmed as investors worried less about inflation and snapped up government bonds.
Calderon Bets on Small Businesses to Lift Economy
 Mark Stevenson
Mexican President Felipe Calderón on Monday announced plans to quadruple small business loans and make it easier to open a business, hoping to spur job growth and keep Mexicans from leaving to seek work in the U.S.
Jump In Price of Tortillas Causing Peso to Fall Flat
 Valerie Rota
Tortilla prices jumped 5.9 percent in January, the most in eight years, after costs climbed for corn, the main ingredient. That increase fanned inflation and a bond market rout that curbed demand for the currency.
Mexican Leader Acts to Increase Dwindling Oil Production
 Marion Lloyd
In a bid to offset plummeting yields from Mexico's largest oil field, President Felipe Calderon unveiled plans Friday to boost production from a cluster of oil fields known as Ku-Maloob-Zaap.
Calderón Unveils New Road-Building Projects
 Herald Mexico
President Calderón announced Thursday a vigorous road-building program that could double the number of major national highways, with most of them financed, built and operated by the private sector.
Mexico Business Leaders Pledge New Jobs
 Kelly Arthur Garrett
Buoyed by words of encouragement from President Calderón and an apparent renewed interest in Mexico by U.S. President George Bush´s administration, the American Chamber of Commerce celebrated its 90th anniversary Tuesday, vowing to play a role in the nation´s hoped-for economic growth in the next six years.
Echoing Markets, Mexico Bolsa Dives
 El Universal
The Bolsa fell 5.8 percent yesterday, its steepest one-day slide since 2000. The losses followed a massive selloff in the the Chinese market, which dropped nearly nine percent and impacted markets in developing nations worldwide.
Mexico Files Trade Grievance
 Marla Dickerson
Mexico on Monday became the latest nation to file a complaint with the World Trade Organization over the Chinese government's alleged payment of illegal subsidies to manufacturers.
Banco Azteca Eyes LatAm Markets
 El Universal
Grupo Elektra SA, Mexico´s biggest electronics retailer, is seeking banking licenses in four Latin American countries and may submit applications in three more.
Mexican Central Bank Holds Rate Steady, Warns of Rise
 Jason Lange & Noel Randewich
Mexico's central bank held its benchmark overnight interest rate steady at 7 percent, as expected, on Friday but clearly warned it would act if core inflation does not begin to ease in March.
Cuba's Known for Cigars Now, but Oil Could Change That
 David J. Lynch
After years of limited oil production on lands around Havana and in neighboring Matanzas province, Cuba is poised for a significant expansion of its oil program into the waters that separate it from the United States. And thanks to U.S. law, Cuba's drilling partners will be working closer to Florida beaches than any American company ever could.
Mexico Takes Off
 Jane Wells
The economy is growing at its fastest pace in six years, the stock market is at an all-time high, the homebuilding industry is thriving, and consumer spending pushed Wal-Mart's profit up 26% last quarter. We are not talking about the United States. We are talking about Mexico.
Backlash Grows Against Free Trade
 Mark Trumbull
Worries about the dark side of free trade are surfacing in the United States in ways that could affect the course of globalization worldwide. Don't expect an outright retreat from global commerce just yet, but it is becoming more likely that the US will act to temper and manage its impact.
Mexican Farmers See Gold in Rising Prices
 Julie Watson
International corn prices driven by the burgeoning U.S. ethanol industry have soared to their highest in a decade, making Mexico's farmers feel like they just won the jackpot.
Mexico's Pemex Faces Drying Field, No Funds to Update Refineries
 Sergio Solache
When an al-Qaida faction this week urged militants to attack U.S. oil suppliers in Mexico, Canada and Venezuela, it was a recognition of the powerful world role played by Petroleos Mexicanos, the Mexican oil monopoly.
Mexico's Economy Loses Steam
 Marla Dickerson
Mexico's economy slowed in the last three months of 2006, and that could have consequences in the United States: Tough times in Mexico typically fuel immigration north of the border.
Mexico Miners Plan Strike Monday to Mark Explosion
 Reuters
The union said workers across the country would walk off the job for 24 hours to pressure the government to punish Grupo Mexico, the owner of the Pasta de Conchos coal mine, which suffered an explosion Feb. 19, 2006.
Uncovered: A New Resource for Real Estate Investment Opportunities in Puerto Vallarta
 Best Online
fundVallarta announces a full online resource for discovering real estate investment opportunities in Puerto Vallarta, Mexico. With conditions similar to the property boom in California, Puerto Vallarta is poised to become an international performer with a solid return on investment.
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