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Foreign direct investment (FDI) flows to Latin America and the Caribbean will rebound in 2010, rising 40% to 50%, after dropping in 2009 as a result of the global crisis, according to ECLAC's annual report on FDI released today.

The report Foreign Direct Investment in Latin America and the Caribbean 2009 asserts that the expected increase this year would allow the region to resume the levels of FDI of 2007, which totaled over US$100 billion.

"Now that the storm has passed, we see that the region has once again become an interesting place for investment. Our countries have not lost their attraction or competitiveness, in spite of the crisis," said Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC) during the presentation of the report at Commission headquarters in Santiago, Chile.

FDI is expected to rise significantly in 2010 due to a better outlook for growth in Latin America and the Caribbean, long-term trends of foreign investment in the region and expected inflows to the area's main recipient countries.

Due to the global crisis, in 2009 FDI flows to the region shrunk by 42% (to US$76.681 billion) with regard to the historical record of US$131.938 billion in 2008.

This decrease is explained by a combination of factors: a fall in world production, prevailing uncertainty and the deceleration of growth in several countries of the region, which discouraged FDI in search of local markets. In addition, falling commodity prices in late 2008 warded off investment in the exploitation of these resources, while the recession in North America restrained investment in export platforms.

The drop in foreign investment was generalized in all of the subregions in Latin America and the Caribbean. FDI flows towards South America diminished 40%, while those to Mexico and the Caribbean Basin dropped 45%. Brazil continued to be the main recipient of FDI, followed by Chile, México, Colombia and Argentina. Among the region's medium-sized and large economies, Chile is the country with the highest proportion of FDI with regard to its GDP (8%).

As in the past, the services sector received the most amount of FDI in 2009, while the primary sector (agriculture, mining and hydrocarbons) experienced a relative drop. The United States continued to be the main investor in the region, followed by Spain and Canada.

The ECLAC report notes that most announced FDI in manufacturing continues concentrated in low and medium-low technology intensive activities, while FDI in high-tech sectors and research and development projects is still scarce.

This reveals that two decades after FDI flows were liberalized, the region still has difficulties attracting high-technology investment and participating in high value-added links in global production chains.

To overcome these problems, the report suggests policies for productive development focused on innovation and strengthening local capabilities. 

Latin American companies continued expanding internationally during 2009, says the twelfth issue of the report Foreign Direct Investment in Latin America and the Caribbean.

Chile was the region's main foreign investor, with US$7.983 billion, followed by Mexico (US$7.598 billion), Colombia (US$3.025 billion) and the Bolivarian Republic of Venezuela (US$1.800 billion).

The report also examines the automobile and iron and steel industries, both with significant participation of multinational companies and trans-latins.

The iron and steel industry attracted significant amounts of investment, especially Brazil and Mexico, which produce 51% and 27% of all steel in the region, respectively. The abundance of iron mineral was the main factor encouraging investment. In addition to European and Asian companies, Latin American companies (trans-latins) from Brazil, Mexico and Argentina also increased foreign investment over the past decade.

Although steel consumption in the region fell 24% in 2009, recovery was faster than expected, and unlike prior crises, installed capacity was not hampered by the closure of plants.

In its case study of the automobile industry, the report examines the situation in Brazil, which has become one of the world's biggest producers and one of the main consumer markets in the industry. The report also analyzes the case of Mexico, whose industry is highly dependent on exports to North America and was strongly impacted by the global crisis.

 

Reference: CEPAL, Unied Nations. Eclac Information Services. Published on May 5th, 2010. Taken on July 9th, 2010, from: http://www.cepal.cl/cgi-bin/getProd.asp?xml=/prensa/noticias/comunicados/8/39418/P39418.xml&xsl=/prensa/tpl-i/p6f.xsl&base=/tpl-i/top-bottom.xsl


 
 
 

 

Almost 63% of children and adolescents in the region suffer some type of poverty, defined in terms of the deprivations that affect the exercise of their rights, in addition to household income, according to a study conducted by the Economic Commission for Latin America and the Caribbean (ECLAC) and the United Nations Children's Fund (UNICEF).

In the article, "Child poverty: a priority challenge" published in the latest issue of the newsletter "Challenges", Ernesto Espíndola and María Nieves Rico, of ECLAC's Social Development Division, assert that measuring poverty implies considering a child poor if at least one of his or her human, economic, social and cultural rights is infringed.

The authors advanced some of the results of a study carried out by ECLAC and the Regional Office of UNICEF between 2008-2009, which measured the multiple dimensions of child poverty in Latin America and the Caribbean, linking each dimension to the compliance of the International Convention on the Rights of the Child.

The study, which will be released in coming months, considered factors such as nutrition, access to potable water, connection to sanitation services, housing material and the number of people per room, school attendance and years of schooling and ownership of radio, television or telephone and access to electricity whose deprivation contributes to poverty and social exclusion.

Additionally, it included household income levels and the potential capacity of those resources to satisfy their basic needs.

 

"Total child poverty is an expression of social exclusion and the means by which it is reproduced. Although children who live a situation of moderate poverty do not suffer a serious deterioration of their life conditions, their future opportunities are hampered. Poor nutrition, school repetition and desertion, lack of expectations and the discrimination they face because they are poor not only affect their rights in the present, but will also leave them in the lowest levels of the social ladder, making them reproduce their precarious conditions in their adult life and therefore affecting the future generations," state Espíndola and Rico.

Just as poverty has many dimensions, the response of the State to reduce it must also be multidimensional. The severe and moderate deprivations of the child population may be reversed through direct State intervention to, among other things, ensure the provision of health services and nutrition and access to potable water and sanitation services, as well as through indirect measures, by increasing household income.

The authors suggest additional affirmative actions geared at poor children and adolescents pertaining to social groups that are particularly vulnerable to suffering deprivations, such as those of indigenous origin or from rural areas.

The newsletter Challenges is a joint publication of ECLAC and UNICEF that monitors progress in the compliance of the Millennium Development Goals related to children and adolescents. 

Reference: CEPAL, United Nations. Information Services. Published on June 22nd, 2010. Taken on July 9th, 2010 from: http://www.cepal.cl/cgi-bin/getProd.asp?xml=/prensa/noticias/comunicados/1/39951/P39951.xml&xsl=/prensa/tpl-i/p6f.xsl&base=/tpl-i/top-bottom.xsl


 
 
 
 

(6 July 2010) The XI Summer School on Latin American Economies organized every year by the Economic Commission for Latin America and the Caribbean (ECLAC) began with the participation of 30 students with advanced economics and development studies from several continents.

Through this school, ECLAC experts share their research on the broad array of issues of the Commission's different divisions with the new generation of economists.

The course was inaugurated by ECLAC Executive Secretary Alicia Bárcena, the Director of the Production, Productivity and Management Division, Mario Cimoli, the Academic Coordinator of the Summer School, René Hernández, and the president of the journal CEPAL Review, Osvaldo Sunkel.

"This School has been conceived as an experience of intensive learning, characterized by the creation of an instance for open and critical discussion and debate among our 'home' professionals and you, young researchers, so you can 'live' ECLAC with a vocation that combines dedication to research with an approach focused on political action and the design of public policies for development," said Executive Secretary Alicia Bárcena.

Throughout the following three months, students will have classes on productive development, employment, macroeconomic, social, tax and agricultural policies, poverty measurement, international trade, financial regulation, regional integration, gender equality, technical progress and innovation, sustainable development, natural disaster assessment and infrastructure services, among other topics.

Along with ECLAC officials, they will also examine the document Time for Equality: Closing Gaps, Opening Trails, presented at the Commission's Thirty-third Session held recently in Brazil.

"The current international economic scenario makes this course very timely. What we will discuss throughout the coming weeks is how to design a development model from within our countries," said Cimoli.

This year's students come from South Korea (5), Argentina (4), Brazil (4), Cuba (3), Mexico (2), Colombia (2), Spain (2), Venezuela (2), Chile (1), Ecuador (1), United States (1), Greece (1), Italy (1) and Peru (1).

Reference: CEPAL, United Nations. Information Services. Published on July 6th, 2010. Taken on July 9th, 2010 from: http://www.cepal.cl/cgi-bin/getProd.asp?xml=/prensa/noticias/comunicados/3/40063/P40063.xml&xsl=/prensa/tpl-i/p6f.xsl&base=/tpl-i/top-bottom.xsl


 
 
 

Eight people including a town mayor died in northeastern Mexico when the small plane they were travelling in to oversee flood damage plunged to the ground, officials said on Thursday.

The Cessna plane had been carrying the mayor of Piedras Negras, as well as a regional secretary of public works, a civil protection officer, two other employees, a photographer and two crew when it crashed Wednesday, the local government said.

The cause of the crash remained unknown.

Areas around Piedras Negras, across the border from Eagle Pass, Texas, have been hard-hit by floods caused by torrential rains from Hurricane Alex which lashed the region last week, and another storm is on its way.

Relentless rains have raised reservoirs along the US-Mexico border, forcing officials to release water into flooded rivers and evacuate tens of thousands of people.

Authorities evacuated some 18 000 people from the town of Anahuac, in Nuevo Leon state, on Tuesday, for fear that water would overflow from a nearby dam.

Hurricane Alex unleashed heavy rains on the region last week, causing flooding that killed at least 12 people in Nuevo Leon and left widespread devastation in the city of Monterrey.

The US National Hurricane Centre said a new depression producing heavy rainfall in the Gulf of Mexico could strengthen into a tropical storm and reach the US and Mexican coastlines by late Thursday. - Sapa-AFP

Quickwire

Published on the Web by IOL on 2010-07-08 13:05:06 

Source:http://www.iol.co.za/index.php?set_id=1&click_id=122&art_id=nw20100708130506827C808933

 


 
 
 

MONTERREY, Mexico — Torrential rain has pounded northern Mexico, triggering floods that closed a US-Mexico border bridge and forced tens of thousands of people to evacuate their homes.

The heaviest rain for several decades has topped off reservoirs in the border states of Coahuila, Nuevo Leon and Tamaulipas, across from Texas, with officials diverting water into swollen rivers to avert major damage.

After Hurricane Alex soaked the region last week with floods that killed at least 15 people in Nuevo Leon, a new storm dumped still more rain on waterlogged terrain.

Some 40,000 homes have already been damaged in Coahuila, said state communications coordinator David Aguillon.

The "Gateway to the Americas" international bridge, one of the busiest border crossings between Texas and Tamaulipas, was closed on Wednesday after the Rio Grande river rose more than 10 meters (yards).

Two other international bridges remained open but under surveillance.

Some 3,500 people were evacuated from their homes in Tamaulipas as several reservoirs spilled over, threatening rural communities with floods.

Authorities have now evacuated some 22,000 people from the town of Anahuac, in Nuevo Leon, for fear that a nearby dam will overflow.

In the town of Linares, Nuevo Leon, the town hall collapsed, in dramatic footage shown on television, as its foundations weakened under the persistent rain, said Mayor Francisco Medina.

More than 100,000 people remained without drinking water around the state following last week's storms, which caused flooding and chaos in the capital Monterrey, said Javier Trevino, a state government official.

Alex also left a trail of overturned cars and mud-covered roads in its wake and caused an estimated 800 million dollars in property damage, said Nuevo Leon state Governor Rodrigo Medina.

The US National Weather Service has forecast heavy rains over southern Texas and northeast Mexico in the coming days.

Source:http://www.google.com/hostednews/afp/article/ALeqM5iEKVLMPuuS_IaH2mwNBPyjy-uPiw

 


 
 
 
MEXICO CITY — Schools across Mexico are teaching students to dive to the floor and cover their heads as the violence-torn country sees more urban gunfights between drug gangs.

At least nine shootouts have erupted in school zones since mid-October, three of them in the past month. On June 15, soldiers and gunmen battled for an hour 60 feet from a preschool in the central town of Taxco.

Several Mexican states require "shootout drills" and incorporate them into summer teacher-training courses, which will begin next week. School ends Friday in most of Mexico.

"We're in a situation like nothing we've ever lived through before, and we need to make sure the children are safe," says Juan Gallardo, director of school safety in the northern state of Tamaulipas.

Drug-related violence has reached record levels in Mexico since President Felipe Calderón launched a military crackdown on the cartels in late 2006. As of Monday, there had been 5,775 drug-related killings in 2010, up from 2,275 in all of 2007, according to an unofficial tally by the Reformanewspaper.

Shootouts have become common as drug gangs ambush government forces and each other in an attempt to control smuggling routes and drug sales. Last week, 21 gunmen died in a shootout between gangs in a rural area near the Arizona border.

Most attacks have not targeted schools, but students can be caught in the crossfire. On March 19, two college students were killed by stray bullets as they left a study session in the prestigious Tec de Monterrey university in the northern city of Monterrey.

Gunbattles erupted near public schools on June 18 in the western town of Bellavista and on June 24 in the northern city of Apodaca. In Apodaca, police evacuated two elementary schools and a preschool.

After the battle June 15 near the preschool in Taxco, the southern state of Guerrero held shootout drills in several schools and ordered training for all 52,400 teachers in the state.

New guidelines instruct teachers to take all students indoors, lock classroom doors and keep the children away from windows. Children should lie on the floor and cover their heads with their hands to protect themselves from flying glass or chips of concrete. Above all, children should not take pictures or video of the shootout.

"The first thing the kids want to do is take pictures to post on their social networks," says Erika Arciniega, director of crime prevention for the Guerrero state police. "We don't want them to become targets."

In Nuevo León state, where college students were killed in a crossfire in March, education officials are preparing a video teaching children how to protect themselves in shootouts, state Education Secretary José González said. Officials distribute manuals with instructions for surviving a shootout.

"Upon hearing gunshots near the school zone, the teacher will immediately order all students to lie with their chests to the floor," the guide says. "Avoid visual contact with the aggressors."

Some of the students' parents don't think such training is a good idea, says Angel Carrillo, principal of the Rafael Briceño Elementary School in the western city of Colima.

"Some of the parents think it scares the kids too much," he says.

Source:http://www.usatoday.com/news/world/2010-07-07-mexico-schools_N.htm

 


 
 
 

TUESDAY, JULY 6, 2010 AT 2:56 P.M. 

 — Mexico City has seen 271 gay and lesbian couples get married since the capital enacted the first law in Latin America explicitly allowing same-sex marriages.

The city government says there have been 142 marriages between men and 129 between women in the four months since the law went took effect March 4.

The government said Tuesday that 18 foreigners were among those married, and the rest were Mexican citizens. The largest number of marriages occurred in the first month after the law took effect.

Mexico's Supreme Court is considering challenges to the law, which applies only to the capital, but the measure will remain in effect while the review is under way. A decision is expected sometime around August.

Source:http://www.signonsandiego.com/news/2010/jul/06/mexico-city-sees-271-gay-weddings-in-4-months/

 


 
 
 

TUESDAY, JULY 6, 2010 AT 9:01 A.M.

 — Tens of thousands of people remain without running water more than a week after Hurricane Alex unleashed severe flooding in northeastern Mexico, the Nuevo Leon state governor said Tuesday.

Gov. Rodrigo Medina de la Cruz told the Televisa television network that 12 people are confirmed dead and three others are missing. He said 130,000 people are known to be without water, and that does not count some communities in mountainous regions that were cut off.

Medina de la Cruz appealed for helicopters to help reach isolated communities with water and other supplies.

"The situation is grave," he said.

Alex slammed into Mexico's northern Gulf coast as a Category 2 hurricane last week. It caused the most damage in Nuevo Leon, though it was down to tropical storm force by the time it hit the inland state.

The key business city of Monterrey saw major streets turned to rampaging rivers that gashed ravines through the pavement down to sewage lines and buried vehicles window deep in rocks and sand.

The storm also damaged rail lines. The state's website says officials hope to have trains running again by Friday through one of Mexico's most important industrial centers.

Medina said damages amounted to 10 billion pesos ($765 million), according preliminary calculations.

In neighboring Coahuila state, officials were evacuating 2,000 people Tuesday near Rio Escondido river, which is still swollen from Alex and could overflow because of it current rains, said Piedras Negras Mayor Jose Manuel Maldonado.

 

Source:http://www.signonsandiego.com/news/2010/jul/06/mexicos-death-toll-from-hurricane-alex-up-to-12/

 


 
 
 

WEDNESDAY, JULY 7, 2010 AT 4:42 P.M.

 — The leftist politician who narrowly lost Mexico's last presidential election says he will run again in 2012.

Andres Manuel Lopez Obrador cried fraud after he lost the 2006 presidential race to conservative Felipe Calderon and he still refuses to recognize Calderon as president.

Lopez Obrador was the candidate of the Democratic Revolution Party last time, but he told W Radio on Wednesday that he will seek the support of a smaller leftist party for his next run.

The man who was elected to succeed Lopez Obrador as Mexico City's mayor, Marcelo Ebrard, also is a member of the Democratic Revolution Party and is considering his own run as the party's presidential candidate in 2012.

Source:http://www.signonsandiego.com/news/2010/jul/07/mexico-leftist-presidential-candidate-to-run-again/


 
 
 

The Executive director of the Science and Technology Agency from Japan (JST), Koishi Kitazawa, and the responsible for the National Council for Science and Technology from México, Juan Carlos Romero, signed this agreement in Tokio "which recognices the desire for scientists from both countries" according to the text.

The agreements settles down a base to improve the scientifical exchanges with México and Japan, one of the leader countries for technology in the world and the one who dedicates more money to research throughout universities.

The memorandum will foster the research projects so as for seminars, meetings and exchanges with research personal.

Both countries are compromised to share "confidential information" of importance which would be useful for the objectives from the agreement, within the boundaries the law establishes.

 

Reference: LA TERCERA, Newspaper, Published on February, 2010. Taken on July, 2010 from: http://latercera.com/contenido/659_222429_9.shtml


 
 
 

 


In the near future, it would be necessary to go to a bank or an ATM to deposit a check. The user only needs to take a couple of pictures of it with his cell phone.

The software to do that are already available for the Apple iPhone and other devices from USA, a company that provides insurance and banking services, primarily for veterans. Chase, Bank of America and Citibank are among the financial groups plan to release similar software applications this year.

Although the technology, called remote deposit capture, promises to save time for consumers, has become an additional concern about fraud and possible interference with the privacy of financial data.

But banks and high-tech companies to help them claim to have dispelled those concerns. And with the new parameters of federal regulators, more banks could begin to put this technology in the hands of consumers.

"Our consumers are becoming more and more knowledge about the technology," said Marylou Dowd, vice president of mobile banking division of Citibank. "We try to support those people on the move.

The service will work like this: When someone takes a picture of a check, the computer receiving the image will detect the amount, check number and digits from the bottom, comparing these data with information that is on the user's account and the bank. A photograph of the back of the check will verify that it has been signed by the client.

A central banking institution shall then forward funds to the account holder's address. This will also prevent the same check deposited multiple times.

Remote deposit capture began as a way for large corporations and financial institutions large numbers of checks processed without having to send them from one extreme to another country.

The regulators were surprised when the terrorist attacks of September 11, 2001 caused delays in financial transactions. Since air traffic was suspended for several days, checking packages that banks and other businesses needed to move could not be reviewed.

Thus, in 2003, Congress passed a law known as Check 21. Allows anyone who receives a check take a digital picture of it instead of having to physically delivered. The law has led many companies to install "scanners" that simultaneously digitize thousands of checks for deposit. 

Reference: El Universal, México


 
 
 



Contradictory as it seems, is more economical to have a cell phone with a rental plan that prepayment scheme.

According to the Compass acquisition of Federal Consumer Protection (Profeco), with a monthly income plan a user can spend from 2.356 pesos to 24.210 pesos.

Profeco analyzed the bids in prepaid and postpaid plans Telcel, Iusacell, Movistar, Nextel and selected Unefon and lower monthly income, medium and high of over 30 plans by the service provider in Mexico City, Jalisco, Nuevo Leon and Yucatan.

While in the prepaid system, through the use of airtime cards, the average monthly expenditure of between 360 and 635 pesos, that is, 4.314 pesos to 7, 621 dollars annually.

He even suggested that if the communication needs of the user with greater, more convenient to have a monthly income plan.

According to data from the Federal Communications Commission (Cofetel) the number of cell phone users in Mexico adds 81 million, of which about 90% are on prepay.

However, it also highlights the benefits of the prepayment which among other things allows controlled usage, and pay airtime from 20 to 500 pesos through prepaid cards, internet, ATMs, convenience stores, as well as not requiring a plan Forced to stay with any company of cell phone service.

According to data from the Profeco, Telcel is the cellular company that has the cheapest monthly rent of 2.017 pesos to 196.37 pesos remains Iusacell with a monthly income from 208 pesos to 1.041 pesos, Movistar, 238 pesos h pole 1.634 pesos, and Unefon from 240 to 400 pesos.

In his report of telephone tariffs, said that post-paid a call from a cellular another of the same company, ranging from 1.04 pesos to 2.33 pesos, to another company the price ranges from 2.33 to 5.97, and a fixed 114 pesos to 2.33 weights.

In prepaid, the company says the price per minute ranges from 2.33 pesos to 4.20 pesos.

Telcel said, the company has many promotions throughout the year, both in their postpaid plans such as prepayment scheme, further, a variety of promotions that they have previously timetables are important dates such as the February, May, June , back to school, Christmas, etc..

Reference: El Economista, Mexico


 
 
 

Last Wednesday, June 17th the process for the tender of frequencies for Internet services and mobile telephony, due to this was suspended so the enterprises can update the amount of the guarantees, in accordance with COFETEL.

Gonzalo Martínes Pous, COFETEL commissioner, informed that La Quinta Sala Regional Metropolitana denied to Telecomunicaciones del Golfo (IUSA) the required definitive suspension of the nule trial.

The resolution, said Martínez,: “It is very relevant, due to in this trial there was a provisional suspension which impeded to give a reason”.

“With this now we are free of suspensions in the tenders of the 48 trials (40 protections and 8 nullities)".

Reference: El Economista, México.


 
 
 

Reviewed by Rita Pomade


The New World Mexican Women 
is a different kind of book. It provides step-by-step instructions on how to make beautiful earrings, necklaces, bracelets and rings in high quality Mexican silver, pewter, and copper. But it is also a collection of letters and soliloquys. And it is a catalogue for those interested in purchasing, rather than making, jewelry.New World Women is a native women artisan group in Tecalpulco, Guerrero who decided to form a production cooperative. These skilled artisans are the original designers and producers, creating beautiful jewelry. Theirs is a cottage industry with a goal of perpetuating the region's craft tradition and creating a source of work that can keep their people at home — an alternative to migrating to urban centers or to the U.S. These enterprising women utilize modern means of communication. They communicate through their web page and via romantic novelasserialized on blogs.  They write e-mail, post videos on YouTube, and have published an unusual book: The New World Mexican Women Workbook: How to Make Your Own Traditional Mexican Jewelry

Apart from a craftsperson's handbook, this is a touching and deeply personal sociological study on loneliness, longing, and sacrifice. The women who have participated in the making of this book have a parent, aunt, uncle or father who has jumped the border in search of opportunity and a better quality of life for themselves and for the families they've left behind. Many never return. The families never know who may or may not come back. But they are sustained by hope and the sense of community that this cooperative has forged. If the co-op brings jobs and financial opportunity to the area, perhaps the exiles will return.

The material has been assembled in a way that makes it accessible to anyone. Good-sized photographs with clear instructions accompany each piece of jewelry. What is needed in each kit is clearly labeled with its accompanying photograph. It's impossible to get lost in placing an order. Yet, within this well defined parameter, there is room for more creative expression. Tools are minimal and some items require no tools. With a round-nosed pliers, cutter pliers, flux, a small head hammer, and a small anvil, anything in the catalogue can be made. For the novice there are excellent photographs identifying these objects.

The metals available are in .925 (sterling) silver, fine pewter, copper, and liquid silver. No nickel, lead, cadmium, or zinc is used. You can order natural stones such as turquoise, jasper, and opal as well as composite stones made from resin and pigments. And of course, all the findings and wire are available, many included in the kits. In accessories there are fine pewter charms, chaquira beads in many hues, stone mosaic beads in a variety of shapes and colors, and much more. For the more adventurous, you can put together your own kits.

These pre-cut pieces and kits are assembled by the Rural Women's Artisans Cooperative of Tecalpulco. They are women who live in or near Taxco in the state of Guerrero, an area known world-wide for its high quality silver and fine craftsmanship in jewelry making. In recent years, this tradition of fine craftsmanship has been dying out due to artisans being forced to work at unsustainable wages. Don Marcial Chavez Embria, the master original-model maker for William Spratling, the father of the world-famous modern silver jewelry industry of Taxco, has been training these women in order to keep this tradition alive.

The mines from which the silver is taken are located in the area, and mining is done on a small scale. The miners use environmentally responsible technologies and measures are taken to protect their health. Because this is Fair Trade Silver, ordering from the cooperative helps to provide a dignified standard of living for these woman and children, one that may eventually stem the flow of migration to the United States by improving the quality of life at home.

This is the dream of the women in this cooperative. They miss their loved ones terribly. Many of the children have rarely seen their fathers and pray for their safe return. There are letters that are interwoven into this catalogue. They are translated from the original letters that these women have sent to the loved ones in their lives. They are poignant and bring home viscerally the heartbreak that this separation brings.

The New World Mexican Women Workbook can be ordered online. You can learn more about the cooperative on their website — it's packed with information. Should you not want to make your own jewelry, take the time to order one of the exquisite pieces made by one of the women in the cooperative. In exchange for a beautifully hand-crafted work of art, you will enable a community to move one step closer to the fulfilling of a dream.

 

Source:http://www.mexconnect.com/articles/3569-the-new-world-mexican-women-of-tecalpulco-mexico

 


 
 
 

Carlos Slim Helu

Mexican magnate Carlos Slim has an ambitious new year’s resolution. He wants to fold two of his major telephone companies — Telmex and Telmex Internacional — into his major international cellphone company, America Movil, in order to cut down on costs. The plan is already rankling analysts and regulatorswhose job is to keep a tycoon of Slim’s caliber somewhat in check. The Mexico City native is known as one of the top-top wealthiest individuals in the world. Right now, his rank at Forbes is third. Often, he is first.

Consolidating those companies won’t be easy for Slim. Already, competitors are gearing up for battle. So Slim, brilliant business strategist that he is, offered the people a festively packaged gift today. Just because.

At a sleek press conference inside his Telmex Institute in Mexico City’s historic downtown, Slim and several of his top corporate deputies announced a $10 billion-peso three-year investment plan to radically update Mexico’s “digital culture.” A separate multi-million-dollar initiative to fund genome research came on Tuesday.

The idea, Slim said, is to make Mexico more competitive in the abstract “human capital” sense with other ascendant economies — such as Brazil — whose successes in innovation have so far eluded his own country. Slim said his Telmex will:

A) Increase access to high-speed Internet across Mexico.

B) Open “digital libraries” where customers could check out laptops.

C) Expand Telmex data centers and “digital scholarships.”

D) Open an accredited Information Technology Institute to train 1,000 new professionals to find real-world solutions for the private sector.

E) Expand wireless Internet services to hundreds of schools, hospitals, bus terminals, airports, and restaurant chains.

Details were otherwise vague, and only time will tell how much of the initiative is actually delivered. So upon taking questions, Slim was pressed by Reuters about the America Movil plan. He said consolidation would not result in bundling of fixed and cellphone lines for Mexican consumers, then quipped: “We are in 18 countries and in 17 of them we have no legal problems.” The reference was to Mexican regulators who aggressively pursue his assets — unequally, some analysts say.

In person, even upon a podium, Slim seems like a no-nonsense sort of businessman, astute but not uptight, even-minded but not close-minded. Another analogy came to me as I watched him: “Like the sort of guy you wouldn’t mind having a beer with.”

Then again, they used to say the same thing about George W. Bush.

Attempting to merely fathom the reaches of this man’s wealth is disconcerting, especially in Mexico, where so many millions of people are so poor. Besides his dominance in the telecommunications market across Latin America, Slim has his hands deep in global retail, real estate, banking, air travel, and media.

Freakier still is his attitude on the matter. Slim oncebristled at reporters, “I think it’s perverse to believe that there shouldn’t be strong companies in poor countries.” For more on that, last year’s lengthy New Yorker profile on Slim is helpfully summarized here.

On Wednesday, Slim spoke grandly about the “end” of “agricultural economies” and the need for economies of “ideas,” the end of “monolithic power” and the need to embrace a new age of “competition and globalization.” Slim indeed pumps millions every year into infrastructure, development, and philanthropy. But it’s evident that in every move he makes, the goal is not about positive publicity, being a good citizen, or even being a good Mexican.

Step by step, the expansion and care of Carlos Slim’s empire is about little else than … Carlos Slim’s bottom line.

 

* Image above via Wikipedia.

 Source:http://thefastertimes.com/mexico/2010/01/21/carlos-slim-master-of-mexicos-digital-future/

 

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