Market Research: Travel and Tourism in Mexico to 2018

Travel and Tourism in Mexico to 2018 is a new market research publication announced by Reportstack. The global financial crisis in 2009 had a negative impact on the Mexican travel and tourism sector during the review period (2009–2013). Economic conditions improved and, in 2010, the tourism sector showed signs of recovery, with growth recorded in...
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Former President of Mexico Discusses the Economics of Climate Change

During an address at the Business School on Monday, former President of Mexico Felipe Calderon argued that although private sector companies are often hesitant to adopt climate change initiatives, minimizing carbon emissions may prove extremely profitable. The conversation, which was titled “Climate Change and Business,” attracted dozens of graduate students from the Business and Kennedy...
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Modest February Industrial Growth, Reduces Recession Fears in Mexico

After a weak start in 2014, enthusiasm for Mexico, which passed a landmark energy reform and is undergoing anti-trust reforms in the communications industry, is fizzling out. Year-to-date, the iShares MSCI Mexico Capped Index (EWW) lost 6.9%, while the iShares MSCI Brazil Capped ETF (EWZ) rewarded investors with 5.3%. Analysts have scaled back their growth...
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Mexico Discovers Missing Persons who Disappeared in 2008

Mexico’s Attorney General’s Office said it has located three people who went missing six years ago from a children’s shelter in this capital, two of whom are now adults. It said in a statement that its organized crime unit and the local branch of the AG’s office in the central state of Puebla located the...
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French leader in Mexico Amid Strained Ties

French President Francois Hollande arrived in Mexico City late Wednesday for a trip aimed at renewing relations that were rocked by the case of a Frenchwoman accused of kidnapping. Hollande landed in the Mexican capital just before midnight for a two-day state visit that will include talks with President Enrique Pena Nieto, a visit to...
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Oxxo, second in retail sales in 2013

The convenience store chain Oxxo, of FEMSA, ranked second retailer in terms of sales per square meter last year, behind Walmart, but above three of the major supermarket brands in the country, Comercial Mexicana, Soriana and Chedraui. According to the quarterly data from Invex Analysis and the businesses, last year, Oxxo’s average sales per square...
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Fisterra Energy Closes Deal on Mexico’s Largest Wind Farm Project

Fisterra Energy, a company majority owned by funds managed by Blackstone (NYSE:BX), and Blackstone Energy Partners, Blackstone’s energy-focused private equity business, today announced it has reached a financial closing for Ventika, Mexico’s largest onshore wind farm upon completion and one of the largest wind farms in Latin America. Ventika will be located in the northeastern...
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Is the Mexico ETF a Better Play on Latin America?

Latin America, dominated mostly by Brazil, seems to have lost luster since the taper talk was initiated in the U.S. last year. Apart from the external shocks, many nations in this corner of the world are lacking structural reforms and grappling with poor public finances as well as reduced foreign investment. As per the Inter-American...
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Monarch butterflies could use your help

A January 2014 report from the monarchs’ overwintering forest areas in Mexico indicated that only 1.65 acres were occupied by monarchs this winter. That makes this the third straight year of steep declines. The overwintering areas have been monitored since 1993 and the largest occupied area was 45 acres in 1996. A number of factors...
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Scotiabank expects to finance $10 bn in energy projects in Mexico

Canadian banking giant Scotiabank plans to finance oil industry projects worth $10 billion in Mexico over the next four years, a high-level executive said. Oil giants BP and ExxonMobil are among the companies interested in developing projects in the Gulf of Mexico, Scotiabank’s Latin America director, Paul D’Agata, told Efe. A large number of mid-sized...
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Financial support to entrepreneurs in Puerto Vallarta

In the coming days the National Institute of Entrepreneurship will be holding classes in Puerto Vallarta to promote entrepreneurship and assist those business owners who have less than one-year of operation. The Director of Municipal Economic Development, Alvaro Mora, states they are providing advice to entrepreneurs with the aim of having the necessary training and...
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Mexico – Panama Treaty, plan to increase trade and investment between the two nations

Enrique Peña Nieto, Mexico´s president and Ricardo Martinelli, president from Panamá signed yesterday, after eight months of negotiations, a Free Trade Agreement in the IX World Economic Forum on Latin America in Playa Bonita, Panama. This Free Trade Agreement (FTA) seek to establish as a platform to produce and distribute goods and services to the...
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