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...Read More

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...Read More

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...Read More

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...Read More

By Marcelo Teixeira Chile’s government wants to impose a tax on carbon dioxide (CO2) emissions from thermal power plants, the second major economy in Latin America to resort to environmental taxation to discourage the use of carbon-intensive fuels. On Jan. 1, Mexico imposed a tax on several types of fossil fuels, including gasoline, averaging 3...Read More

by Christine van Reeuwyk – Saanich News Tears welling, a Mexican principal accepted keys to his new school. It’s a moment Saanich teen DJ Katz remembers best. He’s among those who worked four days in mid-March to build the new high school as part of a contingent from Saanich Baptist church. The church believes in...Read More

WASHINGTON, DC, April 4, 2014 — A joint initiative between the U.S. Department of Agriculture and the Environmental Protection Agency (EPA) aims to improve access to clean water and wastewater infrastructure for U.S. communities along the Mexico border. This initiative is part of the organizations’ ongoing partnership to increase the sustainability of rural drinking water...Read More

MEXICO CITY: Most of Mexico’s central bankers were convinced that a spike in inflation has likely passed while the majority said short-term risks to growth had increased, minutes released on Friday showed. Central Bank board members voted at their March 31 meeting to hold their benchmark interest rate at a record low of 3.50 percent....Read More

Associated Press MEXICO CITY (AP) — A Mexican judge has ordered an end to efforts to revive moribund Mexicana airlines through bankruptcy proceedings, saying no credible new investor has expressed interest in the carrier. Before it stopped flying in 2010 because of financial problems, Mexicana was among the world’s oldest continually operating airlines. Mexicana began...Read More

The Associated Press By BRIAN SKOLOFF NOGALES, Ariz. – Roman Catholic leaders made a rare visit to the border and celebrated Mass on Tuesday in the shadow of the fence separating the U.S. and Mexico, offering Holy Communion through the steel barrier to people on the Mexican side as they sought to bring attention to...Read More

It’s good to be number one, even if it’s only in Latin America. Just ask Carlos Slim. The Mexican billionaire may have lost his place as the world’s richest man to Microsoft’s Bill Gates, but he still sits atop the pile in his regional turf, according to Forbes magazine. While there are 114 billionaires in...Read More