New Mazda plant in Mexico to make Mazda2, Mazda3 in 2014

The cars will be the same as the Mazda Demio and Mazda Axela models in Japan, the only difference is that the factory will be located in the city of Salamanca, in the state of Guanajuato, Mexico.

Bruno Ferrari, minister of economy of Mexico, was the guest of honor at a ceremony held to mark the beginning of construction of the new assembly production facility. The ceremony was hosted by Takashi Yamanouchi, Mazda Motor Corp.'s chairman, president and CEO, and Sumitomo’s executive VP, Kazuo Ohmori, on the site where the plant will be built. “Since Mazda established its sales network in Mexico six years ago, we have experienced a remarkable acceptance from the people of Mexico. Last year Mazda sold over 25,000 vehicles and captured over 3% market share,” Yamanouchi said. “We are excited to be constructing this new facility here in Mexico with our partner Sumitomo Corp. It will be vital to bolstering our expansion in Central and South America.”

About New Global 7000 and Global 8000 Aircraft

Via Yahoo.com:

Global 7000 aircraft: Featuring a spacious four-zone cabin, this aircraft sets the benchmark for a new category of large business jets. With a volume of 2,637 cu. ft. (74.67 cu. m.), passengers will enjoy 20 per cent more living space than the cabin of the Global 6000 aircraft, the current industry leader. The aircraft will have a high-speed cruise of M 0.90(i) and a range of 7,300 nm (13,520 km) at M 0.85(i). It will fly Sydney-Dubai, London-Singapore or Beijing-Washington non-stop with 10 passengers(i). Entry-into-service is scheduled for 2016.

Global 8000 aircraft: Flying farther than any other business jet(i), the Global 8000 aircraft will feature a superior three-zone, 2,236-cu.ft. (63.32-cu.m.) cabin and an impressive range of 7,900 nm (14,631 km) at M 0.85(i). It will connect Sydney-Los Angeles, Hong Kong-New York and Mumbai-New York non-stop with eight passengers(i). The Global 8000 jet will reach a high-speed cruise of M 0.90(i). Entry-into-service is scheduled for 2017.

About Bombardier Aerospace Facilities in Queretaro, Mexico:

First established in 2006, operations at Bombardier's facility in Mexico have grown to employ approximately 1,700 workers and include the manufacture of structural aircraft components, including the Global business jet family aft fuselage, the Q400 NextGen aircraft flight control work package (rudder, elevator and horizontal stabilizer), the CRJ700/900/1000 NextGen and Challenger 605/850 aircraft rudders, the aforementioned involvement in the Learjet 85 aircraft program, as well as main harnesses and electrical subassemblies for Bombardier business and commercial aircraft.

Bombardier and its employees in Queretaro are very involved in the local community. The company is a long-term supporter of the Sierra Gorda World Biosphere Reserve and provides resources for three specific projects that have an effect on the global and local environment, whether through the reduction of greenhouse gas emissions, the responsible use of natural resources or the development of programs that increase community well-being.

Holiday Gifts for Business Travelers

Here are a few examples of holiday gift ideas for busy business or leisure travelers, in order from least to most expensive items:

1. Travel Cosmetic Bag Filled with Free Samples

3. Passport Book/Passport Holder

5. Distinctive Luggage Tags

6. One Quart-Sized Bag (Much more stylish than a Ziploc bag for carrying your 3 oz. liquids)

7. Power Cord Converter

Bombardier moves Global 7000/8000 jet production to Queretaro, Mexico facility

Via MexicoToday.org: Bombardier Aerospace recently declared that it will be investing in Mexico again. The manufacturing of the aft fuselage of its Global 7000 and Global 8000 business jets will now take place at Bombardier Mexico's Queretaro, Mexico facility.

Bombardier Aerospace’s Mexican site currently builds the Global 5000 and Global 6000 jets as well as the Learjet 85 aircraft's major composite structures. Real Gervais, the Vice President of the Mexico Manufacturing Centre, Bombardier Aerospace stated,"We are very proud to be part of the Global 7000 and Global 8000 aircraft production team." He went on to say, "We are confident that our team’s proven experience, dedication and commitment to excellence on the current production Global aircraft with make a positive contribution to these innovative new aircraft." More on MexicoToday.org...

Mexico Lifts Trade Tariffs for U.S. Produce

Via Produce News Daily:

The produce industry welcomed news that Mexico formally lifted tariffs that have amounted to more than $900 million of U.S. agricultural products since 2009, settling a costly dispute over a Mexican trucking pilot program. Mexico, the third-largest trading partner for the United States, imposed the tariffs after years of squabbling over a provision in the North American Free Trade Agreement that allowed Mexican long-haul trucks to enter U.S. highways in 2000. Congress blocked funding for the program, which set off a political dispute between the two countries. Top U.S. and Mexican officials negotiated the agreement this summer, but it wasn't until Oct. 21 that embassy officials celebrated the first truck crossing at the World Trade Bridge in Nuevo Laredo, Tamaulipas, and the tariffs officially were dropped to zero.

Manhattan Associates Hosts Latin American Supply Chain Leaders in Mexico City

Via MarketWatch:

Manhattan Associates MANH +0.96% hosted Manhattan Exchange Mexico 2011 at the Westin Santa Fe in Mexico City on Oct. 18, featuring Latin American supply chain leaders including Grupo Elektra, Tiendas Chedraui, Farmacias de Similares and Genomma Lab Internacional. The event--sponsored by IBM, Logistica de Mexico, Microsoft and Vocollect--featured keynote addresses from Manhattan Chief Operating Officer Eddie Capel and Gartner analyst Dwight C. Klappich.

Angela Merkel Sees Opportunity in Greek Crisis

Via Reuters:

Touching on a theme that she has repeated throughout the crisis, Ms. Merkel said Europe mustn't waste the opportunity it has now to correct mistakes made at the creation of the euro. Germany is pushing for a number of changes to European treaties and the currency union to promote integration of euro-zone fiscal policies and get other euro-zone members to commit to a German-style debt brake that would force national governments to balance their budgets. "We have to seize this opportunity now or never to correct the architectural flaws made when economic and monetary union was created," Ms. Merkel told parliament. "And if we correct these mistakes now, then we will have grasped the opportunity in this crisis."

Bloomberg News on Greek Bailout: Think of a Number Then Double It

EFSF To Haul Over Twice The Expected - Watch more Videos at Vodpod.

For an inside view into what the implications of the transnational debt bailout plan will have according to the global head of credit research at Legal & General Investment Management, watch this Bloomberg video, posted yesterday. More on what the EFSF is coming up next.

Reuters: Bare-Bones EU Deal Enough for Buyers

Via Reuters.com:
"The market has begun to discount any meaningful announcement coming from today's meeting -- that should be helpful for the markets as the bar is set pretty low." With this statement, Joseph Tanious, the market strategist at J.P. Morgan Funds in New York, spoke about the latest developments in the EU bailout plan. Talk of the town is that the euro zone is aiming to leverage its 440 billion euro bailout fund "several fold," but details are not expected until November, according to a draft statement obtained by Reuters. Today European leaders agreed to force banks to raise more capital by June next year, to protect against losses from any Greek debt restructuring and to try to contain the region's financial crisis.

Investors Interested in Obama's National Foreclosure Plan

Via Reuters.com: Released in news today, the Obama administration is currently figuring out how to encourage private companies and investors to buy foreclosed properties held by the government. Due to the increasing amount of foreclosures in the U.S., officials want private entities to take over as much as $30 billion in single-family properties that are currently on the books of government-run Fannie Mae, Freddie Mac and the Federal Housing Administration and could be a huge relief for these institutions.

According to sources, several money managers with large fixed income funds are interested and a recent request for ideas on how to construct a program received nearly 4,000 responses. A glut of foreclosures has been heavy on home prices and the overall economy. An effort to get some of that inventory off the market could help stabilize it, while providing affordable rental options to Americans unable to obtain a mortgage.

Dominick Cruz, UFC Personalities Talk to MexicoToday

The Mixed Martial Arts (MMA) form of fighting will appeal to Latino boxing fans just as much, if not more in the near future says Dominick Cruz. Here is a great video that gives us a look into the UFC becoming popular in Mexico. From Dominick Cruz to the UFC Vice President of Community Relations, hear talk about how Mexicans are increasingly interested in the sport and how the UFC is ready to penetrate the Mexican market. As the evolution of sports continues, an evolved version of boxing, MMA is becoming more and more popular with today's Mexican sports fans.

The Business Climate of Baja California, Mexico

Via MexicoToday:

Baja offers an exciting experience, all within driving distance from the U.S. It's a premier travel destination for visitors, retirees and expats alike. Whether going for business or pleasure, Baja California offers an amazing array of things to do. It’s a place with beautiful weather and special people that makes everyone feel welcome, that's also very affordable. Aside from offering a beautiful scenery, wines (it's referred to as the Napa Valley of Mexico), and food, it offers an excellent business climate as well. Check out this mini-documentary on Baja California, and find out which are the business opportunities in this part of Mexico.

Another Daimler Supplier Starts Manufacturing in Mexico

In Saltillo, Mexico, there are more and more suppliers of Daimler Trucks that are arriving to the area; the official kickoff of the company, TSCO, (Tubes Specialities Company), which produces exhaust pipes for these trucks, brings to eleven the number of companies operating at Alianza Industrial Park...More on this story here.

Amistad Industrial Park Spurs Honda's Industrial Development in Mexico

Governor Juan Manuel Oliva inaugurated the Amistad Industrial Park in Celaya, Mexico last Oct. 12. This new industrial park, which represents a MXP$222.1 million investment in just the first stage, is expected to start operating in February 2012. According to estimates for the next 4 years, 30 companies will set up shop there, generating 2,000 jobs immediately and due to generate 5,000 direct jobs and 6,000 indirect jobs in the future.

According to the Minister of Economic Development, Ramon Alfaro Gomez, there are 10 companies interested in investing and establishing at Amistad Industrial Park, including Japanese Car maker, Honda.

Carlos Slim Eclipsing Coca-Cola Femsa Stock

“Carlos Slim has obviously shown that he has made the right investments,” says Alejandro Hernandez, who helps manage about $1.5 billion of debt at Interaciones Casa de Bolsa, in a telephone interview from Mexico City. “Everything he touches turns to gold.” In this vein it's safe to say that America Movil is becoming the stronghold of Mexican stocks. Now benefitting from investor demand for companies that will be able to weather a global slowdown, America Movil is outperforming because some investors have more confidence in the track record of Slim, the world’s richest man, then any other data.

Next Biggest Coffee Chain in the U.S. is Biggby's

Any coffee with any flavor and thousands of combinations? With a growing customer base and increasing loyalty, check out Biggby's, a new powerhouse in the coffee business that is sure to capture more and more clientele in the coming months and years.

Mexican Clothing Exporters Make a Comeback

After a few bumpy months, Mexican clothing exporters are now planning to re-enter the U.S. by targeting niche markets and offering U.S. customers more contemporary clothing. According to Global Apparel Markets, a publication from Textiles Intelligence, a vast amount of the garment market in the U.S. has been dominated by China. In 2000, Mexico was the largest clothing supplier to the U.S., but by 2004 American buyers were able to acquire more clothing at lower prices due to the termination of quotas...now however, recent economic hardships in the U.S. have provided Mexican exports an avenue to revive their once flourishing clothing market. United States buyers are looking for goods that are closer in distance...Keep reading on MexicoToday.org.

Starbucks to Expand Its Business in Mexico Over the Next Five Years

Starbucks, the specialty beverage and coffee-to-go giant, is looking to expand its current business in Mexico.
The brand will extend its partnership with Alsea, the largest restaurant operator in Latin America which already operates popular fast-food franchises such as Burger King, PF Chang's China Bistro, California Pizza Kitchen and Chili's Grill & Bar...Go to MexicoToday.org for more on this story.

Modelo Cerveza Profits Rise an Outstanding 33%

Grupo Modelo SAB, the brewer of Corona beer, said third-quarter profit rose 33 percent on higher prices and demand in Mexico. Net income increased to 3.3 billion pesos ($240 million) from 2.5 billion pesos a year earlier, the Mexico City-based company said today in a statement to the nation’s stock exchange. Sales climbed 1.4 percent to 23.6 billion pesos.

Mexico's Search for a Sustainable Economy

The Mexican Secretary of the Environment and Natural Resources, Juan Rafael Elvira Quesada, recently took a trip to Seoul, South Korea, to sign a memorandum to develop positive environmental initiatives with the Global Green Growth Institute. He stated, “Everybody is part of the problem and everybody is part of the solution.” He went on to say, “GGGI has been a key center in pushing green growth policies throughout the world.” The goal is to establish the foundation of a green sustainable economy...more on MexicoToday.org.

Plasma Gasification Corp. Converts Waste to Energy

For the past three years, Plasma Gasification Corp., based in Monterrey, Mexico, has been developing a microwave-induced Plasma2Energy cellulose-to-energy system. The Plasma2Energy technology involves converting waste to energy through the biomass gasification process. By working with post-sorted municipal solid waste, the company’s technology has the power to help establish a more sustainable environmental economy...More on MexicoToday.org.

OptionsMonster: Site for Unconventional Investing

This guide will help you understand the best websites that offer alternative ways of investing, trading and speculating. From new forms of funds, derivatives and private equity, this is a second look at your investment portfolio.

Lego to Expand Operations in Mexico

Article via MexicoToday.org:

The toymaker company, Lego A/S, has been preparing for the expansion of their Mexican factory in Monterrey. The factory opened in 2008 and is famous for its reliance on modern equipment and technology. They have installed more than 500 gravimetric mixing and dosing units and 1,500 Metro Loaders for the innovative Mexican factory.

The appearance of international trade and development by companies like Lego shows that Mexico is increasing their attractiveness on the economic global front.

"The Lost Decade": Where do you fit in?

Since 2008, the stock market has been volatile to say the least. Many investors have found investing in conventional stocks riskier than ever, stating that they've lost money in mutual funds and 401 (k) plans, among other usually safe bids that the stock market offers. Many of those close to retirement have suffered the greatest losses and on average will take seven years to return to their former financial position, some say. Those in the industry observing this trend are labeling this group as "The Lost Decade", due to the little return over investment their stocks have seen since 2008 and will continue to see in the coming years.

The good news is there are other convenient options for those that would like to invest in less conventional stocks-- blog post coming up next.

Mexico Smart Grid Market to Reach $8.3 Million

“Mexico is well positioned to develop into a leading smart grid market, both in the Latin America region and globally.”

The Mexico Smart Grid Market Forecast that was released late last week by DC-based research and consulting firm Northeast Group, projects that the total market will reach at least $8.3 billion by the year 2020, trailing only Brazil in all of Latin America. This opportunity is represented largely by the smart metering market in Mexico, which plans to deploy more than 21 million smart meters by the end of this decade. In addition, areas of the market, such as distribution automation, wide area measurement and home energy management are expected to grow substantially over this period.

Another Daimler Supplier Starts Manufacturing in Mexico

More suppliers of Daimler Trucks’ are arriving to Derramadero; the official kickoff of the company TSCO (Tubes Specialities Company), which produces exhaust pipes for these trucks, brings to eleven the number of companies operating at Alianza industrial Park. Even if he would not disclose the amount of the investment or the number of jobs in this plant, Arnoldo Saucedo Davila, Government and Institutional Relations, Alianza Industrial Park, informed that three weeks ago this company started operations, even if the official inauguration will be held today. He pointed-out that Alianza Industrial Park currently has 10 companies established in 14 or 15 buildings, which are generating, all together, between 800 and 1,000 jobs, while the new plant will be the eleventh to operate in this industrial park.

Going on Now: Mexico Aerospace Summit

The aerospace industry in Mexico has tripled in just seven years, growing from 100 U.S. and European manufacturers in 2004 to over 300 in 2011. This high-tech manufacturing success story will be on display during the Mexico Aerospace Summit in Chihuahua, Mexico. The Aerospace Summit will feature plant tours of Hawker Beechcraft, Honeywell, Zodiac Aerospace, and Textron International, all of which have a presence in the state of Chihuahua...find out more on MexicoToday.org.

Calderón Extends Tax Break Incentives

Mexico is an attractive location for many international corporations due to its low manufacturing costs and favorable regulations. The nation’s IMMEX system plays a large role in this, and Mexican President Felipe Calderón recently extended corporate tax break incentives under IMMEX until December 31, 2012. Find out more on Mexico Today.org.

Gorbachev Optimistic at Juarez Competitiva

Mikhail Gorbachev gave an inspiring speech before a replete auditorium at the Paso del Norte Cultural Center in Ciudad Juarez, Mexico. In the context of Juarez Competitiva, a two week long event aimed at promoting the international business sector of Ciudad Juarez, Mikhail Gorbachev offered words of encouragement that meant to inspire and motivate an audience of 2,000 ⎯ one that included a large number of young attendees. Click here to see more on the MexicoToday website.

Mexico's Plastic Industry: New Recycling Policies Boost Economy

The head of Mexico’s leading plastic bag-making organization has said that the newly adopted recycling policies have given a boost to the poor and helped the economy. “Right now many people are collecting plastic bags and selling them and the price is going up,” said Juan Antonio Hernández, managing director of Falcon Plastics de México SA de CV. “Material is expensive but there’s more of it,” Hernández said in an interview at Plastimagen México. “Last year we were using 18 percent recycled in our black bags. Now it’s 30 percent.”

American Entrepreneurs Venture to Mexico for Business Opportunities

Did you know that over 1 million Americans live in Mexico City more than on a part-time basis?
Realizing this in 2005, the American couple Aaron and Margo, from Maine and Virginia respectively, saw this data as a huge opportunity to recreate the American dream south of the border. Through the creativity and dynamism of Mexico City they were able to found their English language news source and magazine, "Inside Mexico". See what other entrepreneurs have to say about Mexico on MexicoToday.org.

Mexican Agriculture Expands With the Use of Hydroponic Technology

Mexico has created a new technology that will help catapult the gourmet lettuce industry and Mexican agriculture as a whole. This new technology, called hydroponic technology, or the New Growing System, will reduce the amount of water needed for crop cultivation by an astounding 85 percent...more on MexicoToday.org.

Doing Business in Mexico: Driving the Americas Forward

“If you’re not operating in Mexico, you may be missing a very significant opportunity,” Muhtar Kent, Chairman and CEO of Coca-Cola Mexico says about Mexico as an international investment opportunity. As any iconic brand, Coca-Cola has become deeply embedded in Mexico’s culture. “It’s been mutually beneficial,” Joseph Tripodi, Chief Marketing and Commercial Officer for Coca-Cola includes his experience in Mexico: “the Coca-Cola Company and the Coca-Cola system, and Mexico – as a country and a market, and as an opportunity."

"U.S. stocks rise along with hopes for Europe"

Traders celebrate on the floor of the New York Stock exchange at the closing bell. U.S. stocks surged more than 11 percent, with the Dow index registering its biggest point gain ever as investors cheered governments' action plans to combat the global financial crisis. (TIMOTHY A. CLARY/AFP/Getty Images)

Wall Street has made up for last week's hard losses, with the Dow Jones industrials recuperating 938 points after news around the world of major governments' plans to support the global banking system reassured wary investors. Now the Dow is finally up again at about 938 points at the 9,389 level. All the major indexes are up more than 11 percent.

Mexico Should Invest in Environmental Technology

Mexico is seeking funding to invest in environmental technology and make it a viable source of energy supply, given the potential that has been shown to have solar power. The secretary of National Solar Energy Association (ANES), Fernando Aragón, said in a meeting with senior energy specialist from the Inter-American Development Bank (IDB), Arnoldo Vieira de Carvalho that there should be more interest in creating affordable financing alternatives for various private sector clients and solar farm projects. The projects involve the renewal of air conditioning cooling, which currently represents 50 percent of electricity consumption.

Mazda to Open New Production Facility in Mexico

With both the U.S. and the European economies hurting, automakers are constantly looking for the 'best deal' in emerging markets. Mazda introduced its automobiles in Mexico only six years ago but are constantly expanding in the country. Looking for more sustainable growth, the company has now established a new production facility in Salamanca, Mexico, in joint venture with Sumitomo Corporation. According to Mazda CEO Takashi Yamanouchi, “Since Mazda established its sales network in Mexico six years ago, we have experienced a remarkable acceptance from the people of Mexico. Last year Mazda sold over twenty-five thousand vehicles and captured over three percent market share. We are excited to be constructing this new facility here in Mexico with our partner Sumitomo Corporation. It will be vital to bolstering our expansion in Central and South America.”

A Global View of Manufacturing

Global trade is on the rise and that means that more businesses are looking to have their products manufactured by overseas firms in order to increase profitability. While there are many benefits to operating with an international manufacturing partner, it may seem an overwhelming or difficult option for small businesses or start-up organisations. Here is advice from the CEO of Tosh, a company that manufacturers London souvenirs with a balanced price-quality ratio. He shares his experience and professional tips above.

Microsoft Opens First Spanish-Language Center in Mexico

Via Mexico Today: Microsoft Corporation has opened its first technology center in Latin America that will provide technological resources to businesses in Mexico. The technology center is located in Mexico City and will provide training for an astonishing 2,300 software developers. Microsoft hopes to invest $690 million in Mexico in the upcoming year...in keeping with its investment plans, Microsoft has inaugurated its Spanish-language center this week.

Wall Street Journal Reports: Mexico Aerospace Industry Takes Off

Government Bonds in Mexico and Brazil

Vicente Fox: How to Fix the Eurozone, and Mexico too

Vicente Fox, president of Mexico from 2000 to 2006, gave some advice to Lex’s John Authers on Thursday: Germany should bite the bullet and bail Greece out. The benefits, he says, would outweigh the cost. And he’s speaking from experience. “Someone has to have the audacity to do what president [Bill] Clinton did with Mexico in 1994 – just say, here’s $50bn. Two quarters later Mexico’s economy was in full, aggressive recovery and we paid him back four years in advance,” Fox said.

3 Top Mexico Stocks

According to a report released a few months ago, Mexico has a higher credit rating than the US says Weiss Ratings. In addition, the Bank of Mexico, the country's central bank, purchased 100 tons of gold earlier this year. What does this mean for the top-notch stocks in the stock market for Mexico? Click on the link above to see why Grupo Aeroportuario Centro Norte (OMAB), Telefonos de Mexico (TMX), also known as Telmex, and Fomento Economico Mexicano (FMX) are soaring in the stock market.

Mexican Inflation Rate Second Lowest in 5 Years

Mexican consumer prices rose less than economists expected in September, pushing the annual rate of inflation to its second-lowest level in five years. Consumer prices rose 0.25 percent in September from the previous month, below expectations for a 0.29 percent increase according to the median estimate of 19 analysts in a Bloomberg survey. “We don’t think inflation will be a relevant topic in the short term,” Julian Cubero Calvo, a BBVA Bancomer SA economist in Mexico City, said in a telephone interview before the report.

Economy Minister Says that Mexico is to Remain Competitive

Mexico is well-positioned to remain competitive despite uncertainties in the global economy, including the possibility of slower U.S. growth, Mexico's economy minister said Thursday. Ferrari said he expects Mexico's economy to grow between 3.8% and 4% in 2011. The minister said the Bank of Mexico has indicated that there are no plans to intervene in the foreign exchange market to support the peso.

Plastics Industry to Expand Greatly before End of Year

Did you know that the plastics industry in Mexico has generated 15,000 new jobs in Mexico? Eduardo Martinez Hernandez, Chairman of the Mexican Association of Plastics Industry or Asociacion Nacional de Industrias del Plastico (ANIPAC), informed that businessmen in this sector are expecting a 9% growth in Mexico, among the highest in productive sectors.

Harley-Davidson Reveals New Generation of Dealerships in Mexico

A new dealership of the emblematic brand of motorcycles, Harley Davidson, will be opened this 2011 in Mexico. The 15th dealership in Mexico, will represent a new generation of dealerships. The inauguration ceremony was headed by Fausto Lopez, Harley-Davidson’s CEO in Mexico, who said: “At Harley-Davidson we are reaffirming our commitment to take customers closer to their dreams and create experiences of a lifetime… for a lifetime."

Mexico To Manufacture Aircraft with 100% Mexican Components

In the next ten years, Mexico will be manufacturing an aircraft made up of 100% domestic components. During a presentation at Mexico's Aerospace Summit in Chihuahua, Mexico, Luis Oliva, head of ProMexico's investment promotion and international business unit, said that foreign aerospace companies are investing more than $1 billion in manufacturing ventures in the country each year. As part of the Summit, representatives of the company Zodiac Aerospace signed an agreement to invest $14 million in the region's aerospace industry.

Chipotle Mexican Grill Shines in U.S. Slow Economy

According to studies found by NPD Group, the number of annual restaurant visits by a typical Millennial (person from 18-24 years old) has plummeted from 245 visits five years ago to 192 this year. As the economy in Europe and the U.S. lags, fast food restaurants are focusing on deals and cost-cutting measures again, something that can be challenging with high commodity costs and spikes in the price of some meats like pork. So what's Chipotle's secret? Chipotle Mexican Grill, Inc. has managed to handle the downturn quite well because its tip-less at-the-counter service is more attractive to consumers trying to save money.

Mexican Economy Estimated to Grow 3.8% this Year

According to the median estimate of economists surveyed by Citigroup Inc.'s Banamex Unit, the Mexican economy is estimated to grow 3.8% percent this year.

The central bank’s next movement of the benchmark interest rate will be a reduction of 25 basis points and the next move will come in October 2012, according to the median estimate in the survey.

UFC Champion Dominick Cruz Talks about the Future of the UFC in Mexico

Latino boxing fans are becoming huge fans of the UFC and MMA (Mixed Martial Arts that are basically an evolved version of boxing). In this interview with Mexico Today.org, UFC Champion Dominick Cruz talks about how the business of the UFC and MMA could become a huge success in Mexico's sports world and a hit with Mexican society.

Big Mexico Stocks of Gold and Silver

Here are a few of the big Mexico Gold And Silver Mining Stocks. Gold and silver mining companies that are active in Mexico would include the following: Alamos Gold (TSE: AGI). Alamos Gold owns the 30,536 hectare Salamandra group of concessions in the state of Sonora in northwest Mexico which includes the producing Mulatos Mine plus several advanced or grassroots exploration stage projects. Almaden Minerals (AMEX: AAU). Almaden Minerals’s Caballo Blanco gold, silver and copper prospect in Mexico is one of the company’s two prime mining properties (the other is in Canada). Argonaut Gold (CVE: AR). Argonaut Gold owns the El Castillo Mine in the state of Durango plus exploration projects elsewhere in Mexico – including the states of Durango, Baja California Sur and Sonora. AuRico Gold (NYSE: AUQ). AuRico Gold owns and operates the Ocampo gold-silver mine in the state of Chihuahua and the El Cubo gold-silver mine in the state of Guanajuato. All together, AUQ has total proven and probable gold equivalent reserves of 2.5 million ounces. Brigus Gold (AMEX: BRD). Brigus Gold owns the Ixhuatan gold-silver advanced exploration project in Chiapas plus a 3% net smelter interest in the Huizopa Project - an early stage gold and silver exploration project in the state of Chihuahua.