Roberto Mena
Timid wage increases, a sharp cutback in family incomes, plummeting remittances from workers abroad, the modest growth in bank credits and the high level of unemployment could broadly reduce Mexico’s internal demand in the wake of the U.S. economic slowdown, according to a recent Standard & Poor’s report on Mexico’s economic solvency.
The recent operational report by Pemex boss Juan José Suárez Coppel shows clearly that the state-run oil monopoly has become a serious obstacle to the nation’s development.
The recent operational report by Pemex boss Juan José Suárez Coppel shows clearly that the state-run oil monopoly has become a serious obstacle to the nation’s development.
President Obama’s address to the nation Monday night was out of sync.
President Obama’s address to the nation Monday night was out of sync. It was too little, too late, showing that he’s lost control of the debt crisis, and at the same time demonstrating that Congress is now in charge.
This may well be the week when the global financial markets say enough is enough to Washington’s preposterous partisanship. I mean, don’t these politicians realize what is really at stake here?
This may well be the week when the global financial markets say enough is enough to Washington’s preposterous partisanship. I mean, don’t these politicians realize what is really at stake here?
In Berlin at the EU summit, French President Nicholas Sarkozy and German Chancellor Angela Merkel reached late Wednesday night a “common position” on the Greek rescue.




