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Mexico's Feb. Remittances Up 8.6% Year-Over-Year


Remittances from Mexicans living abroad rose 8.6% in February from the year-ago month to $1.79 billion, continuing their recovery as the U.S. economy and labor market improves, according to central bank data.

Mexican Youth Struggle to Find Jobs

Al Jazeera

Young people in Mexico are facing an unemployment rate that is nearly twice the national average. More than 7 million young Mexicans between the age of 15 and 29 are jobless.

Mexico Presidential Favorite Eyes Border Tax Break


The front-runner in Mexico's presidential election campaign said on Sunday he would create tax incentives to revive economic life along the U.S. border that has been depressed by drug violence.

Mexico Buoyed by Renewable Energy Boost, Aims for Solar Project


Mexico, buoyed by success in wind energy expansion, is launching a giant solar energy project that aims to circumvent the challenge of punishing oil prices by installing high-capacity solar power generation systems.

Mexican Public Works Bank Hits Loan Record


Mexico's Banobras development bank said it provided a record 57.19 billion pesos ($4.5 billion) in loans last year for different projects. This loan volume was "the highest figure in the institution’s history," Banobras said in a statement.

Ford to Invest $1.3 Billion in Hermosillo Plant


U.S. carmaker Ford Motor Co will invest $1.3 billion in its stamping and assembly plant in the northern Mexican city of Hermosillo, creating 1,000 jobs, a top company executive said on Friday.

Does Anybody Have an Idea of the Implications of Foreign Investments?


Well apparently not, but I find it the most dangerous economic policy. Yes, for example in Mexico we have been "good kids and we have done our homework correctly and on time..." and foreign companies keep in investing in Mexico and collecting their gains.

Peso Enjoys Best Rally Since '93

Bloomberg News

Mexico's peso is posting its biggest quarterly rally on record, boosting dollar-based returns on local bonds, as the quickening U.S. economic expansion fuels demand for the Latin American country's oil, cars and cattle.

Mexico's Cemex U.S. Volumes Soar in Early 2012


Mexico's Cemex said on Thursday that it may have recorded strong double-digit growth in U.S. cement volumes in the first two months of the year helped by good weather, based on industry estimates.

US and Mexico to Share $6 Million in Forfeited Assets

The US Open Borders

Assets forfeited by the Sigue Corporation for violations of the US Bank Secrecy Act will be used to strengthen and support the PGR’s capacity to investigate and prosecute domestic and bilateral money laundering crimes, as well as Mexico’s ability to forfeit the proceeds of crime.

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