Eric Martin

Eric Martin News

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  Cardenas Seeks to Extend Colombia Peso Drop to 1950 a Dollar

  Colombia needs to do more to weaken the peso to its “equilibrium rate” of about 1,950 per dollar and should continue its purchases of the U.S. currency, Finance Minister Mauricio Cardenas said.

• Fast Says Keystone Denial Would Irritate Canada-U.S. Ties

  U.S. rejection of TransCanada Corp.’s Keystone XL pipeline would be a “significant irritant” to the relationship between Canada and its biggest trading partner, said Canadian Trade Minister Ed Fast.

• Vilsack Says U.S. Proposals May End Brazil Cotton Impasse

  U.S. House and Senate agriculture committee proposals for a new farm law represent a “good faith” effort by lawmakers to resolve a trade dispute over cotton with Brazil, U.S. Agriculture Secretary Tom Vilsack said.

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  Mexico Grows Less Than Forecast Reinforcing Rate Cut Outlook

  Mexico’s economy grew less than analysts expected in the first quarter, fueling bets policy makers will cut interest rates again this year.

• Volcano’s Rumbling Near Mexico City Prompts Higher Alert Status

  Mexican authorities raised the alert level for the Popocatepetl volcano near Mexico City after it spewed ash, steam and gas into the air and shook the ground near its base.

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  Mexico Industry Output Falls Three Times More Than Forecast

  Mexico’s industrial production fell three times more than analysts forecast in March, reinforcing expectations that the central bank will cut interest rates for the second time since 2009 later this year.

• Mexico Sees Lax Global Monetary Policies Helping Determine Rate

  Mexico central bank Governor Agustin Carstens, who oversaw the first benchmark rate cut since 2009, said lax monetary policies in developed nations and slowing inflation will help determine future interest rate decisions.

• Mexican Parties Introduce Banking Overhaul to Spur Lending

  Mexico’s three biggest parties joined with President Enrique Pena Nieto to present a bill to spur bank lending and faster growth in an economy where credit availability lags the rest of Latin America.

• Mexico Political Pact Survival Hinges on Probe, Opposition Says

  Mexican President Enrique Pena Nieto’s administration must speed up a probe into the alleged purchase of votes in the July elections before a pact among the top parties to pass economic bills can resume, an opposition Senate leader said.

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  Immigration Law Hangs on Securing Rugged Nogales Frontier

  Alejandro Vega hiked five days through the Arizona desert and then toiled 10 years busing restaurant tables, building roads and cleaning manure out of horse corrals in the U.S. before his deportation in 2009.

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Related Topics

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  Mexico

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  Latin America

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  Brazil

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