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Under Rated

NM governor not backing away from special session (AP)

ECONOMY Sat Aug 2, 2008 @ 12:01pm neoform
biz.yahoo.com -- SANTA FE, N.M. (AP) -- New Mexico Gov. Bill Richardson says questions about the state's revenue outlook won't stop him from calling a special session of the Legislature in two weeks. Richardson said Friday he remains confident about projections that show.. Read More
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Under Rated

Governor reassures consumers that NM banks solid (AP)

ECONOMY Fri Jul 25, 2008 @ 9:01am neoform
biz.yahoo.com -- SANTA FE, N.M. (AP) -- Gov. Bill Richardson has a message for New Mexico consumers: The state's banking system is sound. "While tensions run high across the country about the failing banks, delinquent mortgages, home foreclosures, I can say with confiden.. Read More
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Under Rated

Fitch Affirms Mexico's Sovereign Ratings; Outlook Stable (Business Wire)

ECONOMY Thu Jul 10, 2008 @ 3:01pm neoform
biz.yahoo.com -- NEW YORK--(BUSINESS WIRE)--Fitch Ratings today affirmed Mexico's sovereign ratings as follows: --Long-term foreign currency Issuer Default Rating (IDR) at 'BBB+'; --Long-term local currency IDR at 'A-'; --Short-term IDR at 'F2'; --Country Ceiling at '.. Read More
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Under Rated

Mexico raises interest rates (AP)

ECONOMY Fri Jun 20, 2008 @ 3:01pm neoform
biz.yahoo.com -- MEXICO CITY (AP) -- Mexico's Central Bank is raising interest rates to combat inflation. The central bank says it's raising the key rate by 25 basis points to 7.75 percent from 7.5 percent. Friday's announcement marks the first time since October 2007 th.. Read More
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Under Rated

NM governor meets with Israel prime minister (AP)

ECONOMY Mon Jun 16, 2008 @ 12:01pm neoform
biz.yahoo.com -- JERUSALEM (AP) -- Israeli Prime Minister Ehud Olmert met with New Mexico Governor Bill Richardson, a former diplomat and presidential candidate. A statement from Olmert's office said that in their Sunday meeting, they discussed Israeli-Palestinian and Is.. Read More
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Under Rated

Greenspan sees Fed getting tough on inflation (Reuters)

ECONOMY Fri Jun 13, 2008 @ 6:00pm neoform
biz.yahoo.com -- MEXICO CITY (Reuters) - Former U.S. Federal Reserve Chairman Alan Greenspan said on Friday the Fed will have to tighten monetary policy to put a brake on inflation, adding that the worst of the credit crisis may have passed. Growing price pressures have.. Read More
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Under Rated

Will Mexico's Drug Wars Hurt Business? (BusinessWeek)

ECONOMY Mon Jun 9, 2008 @ 9:00am neoform
biz.yahoo.com -- President Felipe Caldern's efforts to eradicate Mexico's powerful drug cartels have unleashed a bloody turf war among competing traffickers. If the violence gets much worse it could strike at the heart of the Mexican economy as foreign and local investors.. Read More
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Under Rated

Fitch Rates Bernalillo County, New Mexico's GO Bonds 'AA+' (Business Wire)

ECONOMY Wed Jun 4, 2008 @ 6:01pm neoform
biz.yahoo.com -- AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings assigns a rating of 'AA+' to Bernalillo County (the county), New Mexico's $2.7 million general obligation (GO) bonds, series 2008, which are scheduled to sell competitively on June 16. Fitch also affirms its '.. Read More
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Under Rated

Some US farms outsourced to Mexico (AP)

ECONOMY Tue May 27, 2008 @ 12:01pm neoform
biz.yahoo.com -- IRAPUATO, Mexico (AP) -- Antonio Martinez used to pay smugglers thousands of dollars each year to sneak him into the United States to manage farm crews. Now, the work comes to him. Supervising lettuce pickers in central Mexico, Martinez earns just half o.. Read More
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Under Rated

Mexico's Oiling Days Are Numbered (Investor's Business Daily)

ECONOMY Sat May 17, 2008 @ 9:00am neoform
biz.yahoo.com -- Energy: Even without a terror attack on its oil facilities, Mexico's output is falling sharply and could end as soon as 10 years. Its president is setting an example by fighting a difficult Congress and culture to reverse that. If we Americans think pers.. Read More
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Under Rated

Asarco seeks billions from parent to pay creditors (AP)

ECONOMY Mon May 12, 2008 @ 3:00pm neoform
biz.yahoo.com -- BROWNSVILLE, Texas (AP) -- A U.S. mining company accused its Mexican parent company Monday of stripping it of its most valuable assets and forcing it into bankruptcy as it launched its $10.5 billion federal lawsuit against the company. Asarco, which is o.. Read More
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Under Rated

Behind the food riots: a debate on how best to farm (AP)

ECONOMY Sun May 11, 2008 @ 9:00am neoform
biz.yahoo.com -- MEXICO CITY (AP) -- Sitting in a Mexico City office, dressed in a pressed white shirt, Gerardo Sanchez seems a world away from his herds of goats and fields of beans. But he's no poster boy for the new world agricultural order, in which peasants are supp.. Read More
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Under Rated

New Mexico governor calls for surface water protection (AP)

ECONOMY Wed Apr 23, 2008 @ 12:02pm neoform
biz.yahoo.com -- ALBUQUERQUE, N.M. (AP) -- More than 5,300 miles of New Mexico's rivers and streams would gain special protection under the federal Clean Water Act as "outstanding waters" as part of a precedent-setting proposal being pushed by Gov. Bill Richardson. The p.. Read More
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Under Rated

During 2007 The Increasing Price of Tortillas, A Basic Staple in the Mexican Diet, Took the Spotlight and Generated an Outcry am

ECONOMY Mon Apr 14, 2008 @ 3:01pm neoform
biz.yahoo.com -- DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/reports/c88616) has announced the addition of new report from Euromonitor International Dried Processed Food in Mexico to their offering. The Dried Processed Food i.. Read More
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Sierra Club Touts Clean Energy to Voters (AP)

ECONOMY Wed Apr 2, 2008 @ 12:01pm neoform
biz.yahoo.com -- ALBUQUERQUE (AP) -- The nation's oldest and largest environmental group has set out to educate voters in New Mexico and eight other battleground states about clean energy, saying the future of the country's energy policy hinges on this year's elections... Read More
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Under Rated

Mexico Authorizes New Bridge to Texas (AP)

ECONOMY Sat Mar 29, 2008 @ 3:00pm neoform
biz.yahoo.com -- MEXICO CITY (AP) -- Mexico said Friday that construction can begin on its side of a new international bridge to Donna, just east of McAllen, Texas, that should reduce delays and make it easier for Mexicans to make cross-border shopping excursions. The U... Read More
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Under Rated

Two Cheers for Free Trade (BusinessWeek)

ECONOMY Fri Mar 28, 2008 @ 9:00am neoform
biz.yahoo.com -- Remember the "giant sucking sound"? That was 1992 Presidential candidate Ross Perot's colorful auditory description of how multitudes of Americans would lose their jobs to low-wage competitors in Mexico. Well, it's more than a decade and a half later, an.. Read More
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Under Rated

Texas Tightens Canada-Mexico Cattle Flow (AP)

ECONOMY Tue Mar 4, 2008 @ 6:00pm neoform
biz.yahoo.com -- AUSTIN (AP) -- The Texas agriculture commissioner on Tuesday prohibited certain Canadian cattle from crossing into Mexico through state facilities after learning that the U.S. had not approved allowing trade of some animals. Reports first indicated the U.. Read More
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Under Rated

Mexican GDP Grows 3.3 Pct in 2007 (AP)

ECONOMY Tue Feb 19, 2008 @ 6:00pm neoform
biz.yahoo.com -- MEXICO CITY (AP) -- Mexico's economy grew 3.3 percent in 2007, slightly faster than the government had projected, as foreign investment soared amid a cooling in the United States, the Treasury Department said Tuesday. Gross domestic product, the broadest.. Read More
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Under Rated

Mexico Lowers 2008 Growth 24 Percent (AP)

ECONOMY Wed Jan 30, 2008 @ 12:01pm neoform
biz.yahoo.com -- MEXICO CITY (AP) -- Mexico on Wednesday lowered its 2008 economic growth outlook to 2.8 percent from 3.7 percent -- a 24 percent drop -- due to global uncertainty, especially a sharp economic downturn in the United States. "It is expected that the preval.. Read More
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