MEXICO

There Are No Good Outcomes in The Oil Game

There are no good outcomes, only bad, really bad, and catastrophic. Take your pick. Could gas prices drop below $3.00 per gallon if the world sinks back into recession? Yes. But it would only be momentary. The easy to access supply is dwindling. The medium and long term direction of gas at the pump is up. There is nothing that can be done in the next five years to prevent significantly higher oil prices.
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Carbon

China sets out disputes facing arduous climate talks

China, the world's biggest greenhouse gas emitter, wants rich nations to vow bigger cuts to emissions as part of a new international deal on fighting global warming, Beijing's top climate negotiator said on Tuesday.
Cancun, Mexico

Mexico vies to become top tourist destination

Within weeks from declaring 2011 to be Mexico's “year of tourism,” the country's president Felipe Calderon said that the government aims to make Mexico the world's top fifth tourism destination by 2018.
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Transocean employee numbers fell by 6 pct in 2010

Transocean Ltd (RIGN.VX), the world's largest offshore rig contractor, shrunk its work force by 6 percent last year as increased competition for shallow-water rigs led to more older rigs being set aside.
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Canada to lead North American Q1 auto gains: report

Canada will outpace the United States and Mexico in first-quarter automobile production growth, which will add roughly 1.5 percentage points to the country's economic growth, according to a report released by Bank of Nova Scotia.
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Gold: The Once and Future Money

For most of the last three millennia, the world's commercial centers have used one or another variant of a gold standard. It should be one of the best understood of human institutions, but it's not. It's one of the worst understood, by both its advocates and detractors. Though it has been spurned by governments many times, this has never been due to a fault of gold to serve its duty, but because governments had other plans for their currencies beyond maintaining their stability. And so,...
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Mexico seasonally adjusted jobless rate dips in Jan

Mexico's unemployment rate, adjusted for seasonal swings, fell to 5.23 percent in January from 5.55 percent the previous month, aided by a recovery in Latin America's second largest economy, official data showed.
Drug war mars spring beak tourism in Mexican city

Drug war mars spring break tourism in Mexican city

The 2011 spring break arrivals in Mexico's coastal city of Acapulco, a famous summer holiday destination, may fall as cancelation of trips have been recorded in the wake of fresh drug war violence in the country.
A spa Is seen at Pezula resort in Knysna

Canadians look for high-end travel experience

There has been a significant increase of 500 percent in demand for affordable luxury brands, mainly including El Dorado and Azul Hotels, in the Caribbean and Mexico over the last two years.
Video grab of work continuing on equipment at the site of the BP oil well leak in the Gulf of Mexico

BP workers could have prevented rig accident: report

BP had workers on the doomed Deepwater Horizon rig who could have prevented the missteps that led to the massive Gulf of Mexico oil spill, but they were not consulted, the White House oil spill commission said on Thursday. In an expanded report on the causes of the BP drilling disaster that killed 11 workers and ravaged the U.S. Gulf coast last summer, the commission released new details about the events that preceded the BP accident.

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