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.

New Web Site Shares News on Mexico's Growing Economy

As part of an initiative to share news and current events in Mexico, yesterday Marca País – Imagen de México launched the www.MexicoToday.org web site. Mexico Today will be offering the latest news on tourism, culture, economy, and the environment, among other topics. Invest in Mexico will be partnering in the site in order to bring you the latest on investment and financial news, as well as insight into business opportunities in Mexico. Take a look here.

Volaris Airline Introduces Direct Flights Between Mexico and U.S.

The Mexican and U.S. governments have recently approved direct flights between Mexico City, Los Angeles and Las Vegas as well as flights between Monterrey and Chicago. According to an article by Milenio, a Mexican newspaper, the Mexican airline Volaris will be operating these direct flight routes. In 2011, Volaris has increased the amount of flights it offers between the two countries by virtually 50% percent.

FIAT to Export 50,000 Cars From Mexico to China Each Year

A few days ago, the first 100 cars of FIAT's Cinquecento model assembled in Mexico arrived in China. The FIAT manufacturing plant, which is putting together the latest edition of the Cinquecento is located in Toluca, Mexico and is quickly becoming another example of the valued quality engineering that Mexico offers. The Italy-based auto assembler plans to manufacture 100,000 of these units by February 2012. Victor Villanueva, CEO of Fiat Mexico said that Fiat will sell 50% of their production to the Chinese market. Click here to see to what other countries the Cinquecento will go.

Mexico Among Group of New Emerging Economies

Here's an article I found on Mexicotoday.org that talks about what I posted last week on the fact that now Mexico is considering one of the latest in a new group of emerging economies: MIST (Mexico, Indonesia, South Korea and Turkey). I'd love to hear your comments on this.

New Emerging Economies to Enter BRIC term?

Jim O’Neill, the chairman of Goldman Sachs Asset Management, who coined the term BRIC to describe a group of emerging economies that comprises Brazil, Russia, India and China, said he planned to redefine growing markets and will explain the new approach to clients this month, the Financial Times reported. Read which countries he expects to include, here.

Mexico Industrial Output Up in May

Mexico industrial production in May rose more than expected, after three months of declines, just as an expansion in the factory sector rose for the second-largest economy in Latin America.

The national statistics agency said on Tuesday that industrial production grew by 1.1 percent in May from April MXIP=ECI.

On one hand, the manufacturing sector expanded in May for its second-straight month, growing by 1 percent as local factories increased production to meet increased consumer demand north of the border.

Read more about what exports were in most demand and what three manufacturing sectors recorded the highest gains in May.

What Makes Emerging Markets Great Investments?

What Makes Emerging Markets Great Investments? - Kenneth Rapoza - BRIC Breaker - Forbes

Here is a great article if you want to read about how to invest money wisely and what markets are ranking high in offshore investing.

“Ranking the BRICs from my favorite to least favorite we’d go with Russia, Brazil, China, India,” says Vlad Signorelli, Global Research Director at boutique investment research firm Brettonwoods Research LLC in New Jersey. Read more here and, as the article suggests, 'See what emerging capital markets will outperform their counterparts in developed countries.'

Despite Violence, Mexico Plants Hum at Border - NYTimes.com

Despite Violence, Mexico Plants Hum at Border - NYTimes.com

Despite the instability due to the war on drugs in Mexico, the Mexican economy is growing at a rapid pace, even more so than that of the United States. If you're interested in learning about business opportunities in Mexico, you should read the following article that could affect any investors world. Here is a brief summary:

Drug organizations are battling for turf around them, yet maquiladoras are continuing to expand, with more items being manufactured in the border cities than ever. Over all, jobs in Mexico’s manufacturing sector increased 8.2 percent to 1.8 million as of January (the most recent figures available) driven mostly by what Mexican officials called regaining health in the auto and electronics industries, the engine of the economy along the border.

Read more here at NYTimes.com

Increased Employment Rate Advances U.S. Stocks

Via WSJ:

Positive data in both U.S. employment and retail sales numbers sent investors back to risky assests.

The Dow Jones Industrial Average gained 82 points, or 0.7%, to 12708 by midsession, setting the index up for a seventh gain in eight sessions.

Investors' spirits were risen by an employment survey that showed U.S. private-sector jobs rose by 157,000 last month, outdoing economists' forecast by over 50%. The WSJ article states taht the figure "contrasted with months of weak readings on U.S. employment."
Click here for the full article.

The Rise of Mexico's Aerospace Industry

From The Financial Times:

Aerospace is the latest technical sector to spring up in Mexico. In the last 10 years, the total of aerospace companies operating in the country has risen to 238, with exports of roughly $3.5bn a year. Annual average growth has been 20 per cent a year since 2002.

“Simply put, Mexico is becoming more competitive,” says Bruno Ferrari, the country’s economy minister.

Carlos Bello, director-general of the Mexican Federation of Aerospace Industries (Femia), says he expects exports to reach $12 billion by 2020. He also stated that he expects a rise in Mexico's place from 14th place today to one of the top 10 most important aerospace manufacturers.

The Most Common Mistakes Made by Investors

Here is a video that will make you take a good look at how you make your investment decisions. An amazing resource for any individual investor.