| Mexico Cruise | 24-Jul-2008 |
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Mexico's transportation secretary says it has grounded two airlines for lacking proof they paid for fly rights in the country's air space. ExpressJet is one of two airlines that Mexico's transportation secretary says are facing the suspension of flight rights there because of unpaid bills, The Associated Press writes. Mexico's Communications and Transportation Department says Mexican carrier Aero California is also being... July 24 (Bloomberg) -- Mexico's peso bonds dropped as higher-than-expected inflation added to speculation the central bank will raise borrowing costs for a third consecutive month in August. Tropical Storm Dolly dumped rain over Texas and Mexico Thursday after pummeling the coast as a category two hurricane a day earlier, leaving widespread floods in its wake. July 24 (Bloomberg) -- Tropical Storm Dolly is expected to bring widespread flooding to South Texas and northeastern Mexico as it moves inland after making landfall as a hurricane yesterday near the border, the U.S. National Hurricane Center said. Hurricane Dolly was downgraded to a tropical storm late Wednesday after it tore into the south Texas coast with 160-kilometer (100-mile) per hour winds and left 250,000 people without drinking water in Mexico. Barely a category one storm, Hurricane Dolly crawled along southern Texas Wednesday, after tearing the coast with 160-kilometer (100-mile) per hour winds and leaving 250,000 people without drinking water in Mexico. After Hurricane Dolly unleashed a fury of damaging winds and wicked rain on the U.S.-Mexico coastline and diminished to a tropical storm, widespread flooding along the populous Rio Grande Valley became the top concern on Thursday.
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