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03-Feb-2008
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  • Mexico's 20-Year Bond Yield Surges at Local Debt Sale (Update1) (Bloomberg.com)

    Dec. 31 (Bloomberg) -- Yields on Mexico's 20-year bonds rose to their highest level since September 2006 at a local debt sale. The securities were sold to yield 8.28 percent, up from 8.13 percent at the prior auction last month, according to results posted by the central bank on its Web site.


  • Higher minimum wage in New Mexico in effect today (Albuquerque Tribune)

    About 160,000 of New Mexico's lowest-paid workers will get a boost this year as a new state minimum wage of $6.50 an hour goes into effect today.


  • Mexico's Bolsa Index Falls, Heads for Smallest Gain in 5 Years (Bloomberg.com)

    Dec. 31 (Bloomberg) -- Mexico's Bolsa index fell today and headed for its smallest annual gain in five years as the U.S. economic slowdown hurt retailers and building-material companies that are dependent on growth in the world's biggest economy.


  • Mexico's protection for farm goods over (El Paso Times)

    MEXICO CITY -- For 15 years, Mexican farmers have feared the day when the last import protections end for the country's ancestral crops of corn and beans.


  • Mexico's Peso Heads for Yearly Decline on U.S. Subprime Losses (Bloomberg.com)

    Dec. 31 (Bloomberg) -- Mexico's peso headed for a second straight yearly decline as losses in bonds backed by U.S. subprime home loans led investors to shun higher-yielding securities.


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