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Dec. 31 (Bloomberg) -- Mexico said its farmers are ready to face competition from U.S. producers of corn, beans, sugar and milk when the markets open up to imports tomorrow as part of the North American Free Trade Agreement. The U.S. embassy in Mexico announced on Monday an increase of fee for non-immigrant visas as of Tuesday, the first day of 2008. The visa fee will be increased by 31 U.S. dollars to 131 dollars due to the "advances in security, infor ... A more than 800 year old pyramid is discovered in Mexico City. (38 sec./1.41Mb, shows: 3) 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. 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. Dec. 31 (Bloomberg) -- Mexico's peso weakened for a second straight year as losses in bonds backed by U.S. subprime home loans led investors to shun higher-yielding securities.
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