The Guadalajara Reporter
Guadalajara's Largest English Newspaper
Wiretapping, racial profiling, extraordinary rendition, detainment without trial, torture – one of the most striking legacies of the terrorist attacks of September 11, 2001 has been the willingness of the United States to forgo some of its civil liberties in the name of national security.
Wendy’s has opened its first restaurant in Mexico under its “Future Fresh” concept, launching the new international design model within the Guadalajara metropolitan area.
It’s been 75 years since the arrival in Mexico of the British Council, a quasi-autonomous non-governmental organization that promotes a wider knowledge of the United Kingdom and the English language, while encouraging cultural, scientific, technological and educational understanding and co-operation.
South Korean automaker Kia announced a US$650 million investment in its Pesquería, Nuevo León plant to produce an electric vehicle previously manufactured only in South Korea, with production set to begin on August 4, according to Economy Secretary Marcelo Ebrard.
Data released this week by the National Statistics Agency (Inegi) showed the consumer price index to have risen by 0.59 percent in December, leaving inflation for 2017 at 6.77 percent – the highest level since 2000, when the rate was 8.96 percent.
Right after World Cup fever lifted consumer spirits, the country’s small merchants are bracing for a harsh reality check.
There’s been only a marginal decline in the average price of the basic food basket (canasta básica), barely registering in the wallets of everyday consumers, the National Alliance of Small Retailers (ANPEC) reported Monday.
$ doesn’t follow degree
In Mexico, monthly pay for a postgraduate degree employee fell by 10,000 pesos between 2005 and 2016, according to a study by the Salary Observatory of the University Iberoamericano Puebla.
UK spirits giant Diageo will invest $US500 million to expand its tequila production center located in the Jalisco municipality of Atotonilco El Alto and build one new distillery in La Barca, generating more than 1,000 direct jobs for Jalisco, company executives and Governor Enrique Alfaro announced at a press conference.
The initial public offering for tequila producer Jose Cuervo on the Mexican Stock Exchange this week was at least four times oversubscribed, according to reports in several business journals.
Bloomberg reported that Jose Cuervo sold about US$790 million of shares in Mexico’s biggest equity offering in more than three years. Industry insiders say Cuervo is looking to transform itself into a global spirits company. Almost two-thirds of the distiller’s output is exported to the United States.
The IPO had been delayed from last year due to the U.S. presidential election.