Category: Mexico

Mexico’s Economic Risks: Will Ending Cartel Violence Prove An Impossible Task?


Despite a deepening slowdown across Latin America, Mexico, the region’s second largest economy, is still headed for an annual growth rate of nearly 4 percent this year – more than double the expectation for rival Brazil. In order to sustain this growth however, Mexico now needs to not only reform its labour, financial and energy laws; but to put an end to its drug cartel violence, which has had a dampening effect on outside investment and tourism.

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Mexican ‘Egg Crisis’ To Cost $230 Million


 The Mexican government will spend nearly $230 million to restore egg production in the country after 11 million chickens had to be slaughtered following an outbreak of bird flu, claimed a report by the Washington Post on Monday, with an extreme shortage of eggs causing prices to double since June this year. 

Mexico Invited to Join Trans-Pacific Partnership Trade Discussions


Mexico has received an invitation to join the Trans-Pacific Partnership negotiations aimed at setting up a multilateral Asia-Pacific free trade area. The nine countries currently negotiating the pact are the United States, Australia, New Zealand, Peru, Chile, Singapore, Malaysia, Vietnam and Brunei.

The announcement was made yesterday by US President Barack Obama and Mexican President Felipe Calderon at the G20 Summit in Los Cabos.

Mexican Cartel Dumps 49 Mutilated Bodies on Highway


Mexican authorities have found the dismembered bodies of at least 49 people on a highway connecting the northern industrial Mexican city of Monterrey to the US border. Mexico’s most violent organised crime-group, the Zetas, has claimed responsibility for bodies, as violence between drug cartels intensifies in a turf war.

In the latest series of horrific mass killings, officials say the headless torsos of 43 men and 6 women were found in the town of San Juan on the non-toll highway to the border city of Reynosa, forcing police and troops to close off the highway.

Even Mexico’s Drug Cartels Are Affected By Worst Drought In Years


The number of illegal marijuana plantations in Northern Mexico has “declined considerably” over the last few months, told a Mexican army commander to the Associated Press on Tuesday, as a devastating drought continues to wreck havoc on the country’s water supply to both its population and cropland.

Mexico’s Big Fracking Decision: Pesos, Power or People?


According to a recent EIA report, Mexico is now sitting on very large natural gas fields that could allow it to end gas imports and could give it energy independence. But in order to unleash the natural gas, Mexico will have to utilize the process of hydraulic fracturing, or “fracking”, which has numerous environmental risks. What will the Mexican government do?

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Mexico – Fast Facts


Mexico is an Upper Middle income economies coming under the Latin America and Caribbean region as to the classification made by the World Bank on the basis of income and region for the year 2006.

has a free market economy system. Exports sector of the country’s economy has brought tremendous economic success in the recent years. Services constitute a larger share in the total GDP of the country followed by the industries.

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