Recently added articles from SourceMex Economic News & Analysis on Mexico:
CONGRESS APPROVES REVENUES BUDGET THAT INCLUDES CONTROVERSIAL TAX INCREASES.
Nov 04, 2009 ... During the last weekend of October, the Congress ratified a controversial plan to raise consumption and income taxes and impose levies on services such as telecommunications and bank deposits. The new taxes, included in the revenues portion of the 2010 budget (Ley Federal de Ingresos), ...
MEXICAN AGRICULTURE OFFICIAL LOSES JOB AFTER URGING FARMERS TO EMULATE BUSINESS STRATEGY OF DRUG CARTELS.
Nov 04, 2009 ... A high-level Mexican agriculture official lost his job after suggesting to representatives of farm organizations that they follow the business strategies of the drug cartels to improve their marketing positions. The comments from assistant agriculture secretary Jeffrey Max Jones created ...
STRONG RESISTANCE TO PRESIDENT FELIPE CALDERON'S PROPOSAL TO ELIMINATE TOURISM SECRETARIAT.
Oct 28, 2009 ... President Felipe Calderon's proposal to eliminate the Secretaria de Turismo (SECTUR) to help balance the budget has met with a growing chorus of dissent from governors, state tourism officials, and legislators mostly from the opposition parties, who believe the ministry is needed more than ...
SUPREME COURT FINDS OAXACA GOVERNOR ULISES RUIZ RESPONSIBLE FOR HUMAN RIGHTS VIOLATIONS, VIOLENCE IN 2006 AND 2007.
Oct 28, 2009 ... In mid-October, Mexico's high court (Suprema Corte de Justica de la Nacion, SCJN) dealt a major blow to Oaxaca Gov. Ulises Ruiz, blaming the state executive for human rights abuses during a deadly crackdown on protestors in 2006 and 2007. The SCJN decision, handed down in mid-October, ...
IN CONTROVERSIAL MOVE, GOVERNMENT DISBANDS REGIONAL ELECTRIC POWER COMPANY.
Oct 21, 2009 ... In a drastic move that drew mixed reactions around Mexico, President Felipe Calderon's administration shut down the financially troubled state-run regional electric utility Compania Luz y Fuerza del Centro (LFC) and temporarily turned over its operations to the country's largest utility, ...