|
BBC News
The entrepreneur who made millions putting kids to work
February 15, 2016
When Mexican entrepreneur Xavier Lopez Ancona was a child he dreamed of becoming president. It's a dream you could say he's fulfilled.
As the founder and president of children's role-playing theme park Kidzania he runs mini cities around the world, which all share their own unique language, money and rules.
The real-world inspired parks put its child ...
For the complete article please click here
|
|
|
NEW YORK TIMES
Pope Francis Entreats Mexico’s Youth to Resist Call of Drug Cartels
February 17, 2016
MORELIA, Mexico — Pope Francis delivered his most searing indictment of the Mexican underworld Tuesday, encouraging the nation’s youth to value themselves and resist the temptation to join forces with “criminal organizations that sow terror.â€
Since his arrival Friday, Francis has made no secret of his desire to challenge the drug syndicates that have corroded Mexican life for decades. He commanded bishops to be more proactive in facing down the scourge of narcotics and denounced gangs as dealers of death.
|
|
|
BLOOMBERG
Mexico Boosts Peso Defense With Shock Rate Hike, Budget Cuts
February 17, 2016
Mexico jolted investors with a pair of surprise moves aimed at stemming the rout in the peso and preventing inflation from taking hold in Latin America’s second-largest economy.
In a rare coordinated announcement Wednesday, central bank Governor Agustin Carstens and Finance Minister Luis Videgaray said borrowing costs will increase 0.5 percentage point to 3.75 percent as they cited the risk that the peso’s depreciation would fuel inflation...
For the complete article click here.
|
|
|
|
|
FINANCIAL TIMES
Mexico delivers unexpected rate rise with eye on inflation
February 17, 2016
Mexico’s central bank raised the key lending rate by half a point to 3.75 per cent at an extraordinary meeting on Wednesday in an attempt to nip in the bud the prospect of rising inflation.
The bank — which followed the US Federal Reserve in lifting rates in December when it lifted rates by a quart of a point, and had been expected to stay in step with the US — stressed its decision was not the start of a rate raising cycle.
For the complete article click here.
|
|
|
BN AMERICAS
Mexico lost US$5.5bn to cyber crime in 2015
February 17, 2016
Cyber crime in Mexico has cost companies billions of dollars in 2015, according to cybersecurity provider Symantec.
The company estimates that cybercrime cost businesses around 101bn pesos (US$5.5bn) last year, it revealed during a press conference in Mexico City.
Five out of six large corporations and 60% of SMEs in the country were victims of online attacks in 2015, according to Symantec's VP for Latin America and the Caribbean, Alejandro Raposo.
During Raposo's presentation, he also noted that 40% of the 54mn Mexicans connected to the internet were victims of an attack last year, representing an average of 30,000 Mexican internet users attacked daily.
For the complete article click here
|
|
|
FINANCIAL TIMES
US groups attacked over Mexico job moves
February 17, 2016
A video showing workers heckling a manager telling them their jobs were being moved to Mexico has highlighted what observers say is a wave of populist discontent facing US companies.
The video, shot last week, shows workers shouting expletives as they are told their plant in Indianapolis, which builds air conditioners, is to be shut, with the work shifted to Monterrey, in Mexico.
For the complete article click here.
|
|
|
|
|
FINANCIAL TIMES
Reshaping development aid for a globalised world
February 18, 2016
Two years into his job as chief executive of Oxfam GB, Mark Goldring sees a new role for the aid group in an increasingly unstable and globalised world.
For one thing, he says, Oxfam in 2016 is faced with a larger array of humanitarian crises than ever before — some caused by conflict, others exacerbated by global warming.
For the complete article click here
|
|
|
GOAL
Mexico can be confident in Copa America Centenario progress
February 21, 2016
El Tri have a few challenges in their Copa America Centenario group but can approach the tournament with the confidence they'll get through, writes Jon Arnold.
Let the notebook scribbling begin.
Mexico manager Juan Carlos Osorio is known for his meticulous preparation, constantly writing his observations (one assumes, perhaps he's penning poetry) on a notebook...
For complete article please click here
|
|
|
Chihuahua, Mexico - Athletics coach Carlos Ortega saw only fleeting glimpses of the "floating running style" he has been trying to teach his young trainees, but that did not mean he was disappointed with the teenagers' showing at a race meet in early December in Chihuahua City, northern Mexico.
"Losing is important, too," Ortega told Al Jazeera, optimistically. "Unless you build character, success will go to your head and losing will cut to your heart."
For the complete article click here
|
|
|
|