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We would like to thank
for renewing its Membership with the MexCC.
We look forward on bringing continuous support and celebrating many years more.
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“The Mexican Gastronomy”
by Chef Emmanuel Chavez (Mexico)
The Policy of Promotion to Mexican Gastronomy was published on August 5, 2015 in the official newspaper where various points of interest are developed, In this sense, and as part of this Policy, the Ministry of Foreign Affairs created the Young Talents Program with the purpose of strengthening the momentum for Mexican gastronomy through our representations abroad, To make in specifically in London through gastronomic samples, dinners and tastings to make Mexican Gastronomy. Innovation and training as a cook is a permanent effort. Continuing to study and work is essential to acquire new techniques.
In London we see today a great variety of products of Mexico, restaurants that look for to emphasize in the millenarian recipes of Mexico like the nixtamalizacion process for the elaboration of the tortilla in which the corn is allowed to cook in a water with a bit of lime (alkaline solution) in order to detach the cuticle from the corn, It is worth mentioning that this process enriches its nutritional value. It is then crushed and kneaded to form balls of the desired weight, which are then pressed to cook over medium heat, thus obtaining a tortilla with a soft texture and great flavour. We can find different varieties of maize in London. The diversity of product that offers a cosmopolitan city is infinite and they are played with many creations of Author's Kitchen and of this way applying each Chef to the style of kitchen that has defined.
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Financial Times
Hurting Mexico will boost China and backfire on Donald Trump
24 March 2017
I was in Mexico yesterday seeing the country’s president, foreign minister and finance minister and addressing a convention of bankers. The only subjects anyone is interested in are the future of Nafta and US-Mexican relations.
I came to Mexico from Beijing and so was able to report that there was no greater strategic gift the US could give China than to abrogate Nafta and rupture the North American community.
In narrow commercial terms right now, Mexican goods enter the US on a preferred basis relative to Asian goods. This preference would disappear with suspension of the free trade agreement...
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Bloomberg
Mexico Will Hedge Oil Export Prices for Next Year, Rubio Says
25 March 2017.
Mexico plans “without a doubt" to protect the country against low crude prices for next year, Deputy Finance Minister Vanessa Rubio said in an interview, in a continuation of what’s become the world’s largest commodities hedging program.
The amount of Mexico’s export basket to be protected through market operations, versus through its stabilization fund, has yet to be determined, Rubio said in an interview on the sidelines of a banking conference in Acapulco. All options are open to reduce volatility of the peso, which is undervalued when economic fundamentals are taken into account, Rubio added...
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The Guardian
My ‘wild child’ cousin, the surrealist painter Leonora Carrington
25 March 2017
In most families the ghosts are dead but in my family, somewhere out there, our ghost was still alive. Her name was Prim, and she had left us on an autumn day in 1937, when she was only 20. Prim was the empty chair at Sunday lunch. She was the unseen aunt at the christenings of her nephews and niece. She was the cousin who hadn’t turned up, yet again, at the latest family funeral. And, just occasionally, she was the misty-eyed, faraway look on the face of Great-Aunt Maurie, who was her mother.
Throughout my childhood, I never heard a good word said about Prim. As far as our relatives were concerned, she was deficient, disloyal and dangerous,...
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BLOOMBERG
Mexico's Carstens Says PesoUndervalued Up to 10%
FOR VIDEO CLICK HERE
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Financial Times
Mexico eyes duty-free corn deals to counter Trump
26 March 2017.
Mexico, the world’s biggest buyer of US corn, is considering offering duty-free access to Brazilian and Argentine maize as an alternative to American imports in a move that could have big consequences for US farmers worried about Donald Trump’s trade and tax agenda.
Mexico at present imports 98 per cent of its corn from the US, and total US farm sales to Mexico were $17.7bn last year — five times greater than when the North American Free Trade Agreement came into force in 1994. Mexican corn imports from the US were worth $2.3bn in 2015, according to the US Department of Agriculture...
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Financial Times
Carlos Slim teams up with Chinese to circumvent Trump
27 March 2017.
Carlos Slim’s Giant Motors will begin manufacturing cars in Mexico to sell to Latin America in a joint venture with China’s JAC Motors as some carmakers step up production in the low-cost nation despite Donald Trump’s “America first” policies.
Two Chinese-designed and largely Chinese-manufactured sport utility vehicles will be launched on Tuesday as the new venture aims to cash in on Mexico’s booming domestic car market.
Giant Motors, the Mexican vehicle assembler backed by the billionaire investor, will focus on domestic sales and exports to the south with the new...
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Bloombsberg
Newest Texas Refineries Plan to Turn Shale Into Fuel for Mexico
28 March 2017.
The newest oil refineries in Texas are looking to join the hottest two plays in the North American oil industry.
Raven Petroleum LLC and MMEX Resources Inc. are building refineries in the Eagle Ford and Permian Basin that will process ample local supplies of light crude into gasoline and diesel. The fuel will be shipped on existing rail lines across the border to Mexico, where the government has opened the market to foreign competition, attracting companies including BP Plc and Glencore Plc.
U.S. shale drillers have doubled the number of rigs seeking oil since Mays....
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Aljazeera
Mexico: Two entrepreneurs find a way to fight pollution
27 March 2017.
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Financial Times
Grupo México to buy Florida East Coast Railway in $2.1bn deal
28 March 2017.
Take that, Donald Trump. Grupo México, a mining conglomerate which owns Mexico’s biggest railway network, has agreed to buy Florida East Coast Railway Holdings Corp (FEC) for $2.1bn.
The deal “positions it immediately as a consolidated railway operator in the US, adding a fundamental line in Florida to existing operations in Texas,” the company said in a statement to the Mexican stock exchange.
Grupo México Transportes (GMXT) made its bet on railroad integration one day before offers are due in a tender for Mr Trump’s planned border wall...
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Bloomsberg
Indigo's Frontier Airlines Said to Aim for Second-Quarter IPO
28 March 2017.
Frontier Airlines Inc., the no-frills U.S. carrier whose aircraft feature animals on the tails, is aiming to go public as soon as the second quarter, people with knowledge of the matter said.
JPMorgan Chase & Co., Deutsche Bank AG, Citigroup Inc. and Evercore Partners Inc. are the leading underwriters on the deal, said the people, who asked not to be identified because the information is private.
Barclays Plc, once poised to lead the IPO, will now have a more passive role after the departure of its airline analyst, the people said. Frontier, owned by private equity firm Indigo Partners, first began talks with banks about...
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Independent
European Commission Blocks LSE-Deutsche Boerse Merger
28 March 2017.
The European Commission has formally blocked the proposed merger between The London Stock Exchange Group plc (LNSTY) and the Deutsche Boerse AG (DBOEY) Wednesday, saying the €29 billion ($30 billion) tie-up would have created a monopoly in fixed income clearing markets.
"The European economy depends on well-functioning financial markets. That is not just important for banks and other financial institutions. The whole economy benefits when businesses can raise money on competitive financial markets." said Competition
Commissioner ...
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