Striving to overcome the economic crisis: Progress and diversification of Mexican multinationals’ export of capital

The Institute for Economic Research (IIEc) of the National Autonomous University of Mexico (UNAM) and the Vale Columbia Center on Sustainable International Investment (VCC), a joint initiative of the Columbia Law School and the Earth Institute at Columbia University in New York, are releasing the results of their third survey of Mexican multinationals today. The survey is part of a long-term study of the rapid global expansion of multinational enterprises (MNEs) from emerging markets. The present report focuses on data for the year 2010. Highlights In 2010, the top 20 Mexican MNEs had foreign assets of USDD 123 billion (table 1 below), foreign sales of USDD 71 billion, and employed 255,340 people abroad (see annex table 1 in annex I). The top two firms, America Movil and CEMEX, together controlled USDD 85 billion in foreign assets, accounting for nearly 70% of the assets on the list. The top four firms (including FEMSA and Grupo Mexico) jointly held USDD 104 billion, which represents almost 85% of the list’s foreign assets. Leading industries in this ranking, by numbers of MNEs, are non-metallic minerals (four companies) and food and beverages (another four companies). All but two of the 20 are firms whose shares are traded on a stock exchange. The exceptions are PEMEX, Mexico’s fully state-owned oil and gas firm, and Xignux, a diversified family-owned enterprise. The top 20 MNEs had 223 foreign affiliates (branches, subsidiaries, et al). As with their counterparts elsewhere in Latin America, Mexican MNEs show a very strong regional orientation. As annex table 2 makes clear, the top 20 overwhelmingly prefer to invest in Latin America. The next region of choice, with a substantial presence of Mexican affiliates, is North America. Europe (mainly the European Union) is a somewhat distant third. The presence of Mexican MNEs in Asia seems to be growing, if slow. In 2008, four of them had affiliates in Asia; in 2010, seven did

Search for New Physics at CDF

We present the current status of the search for new physics at CDF, using integrated luminosity up to 3.2 fb-1. We cover searches for supersymmetry, extra dimensions, new heavy bosons, and generic dilepton resonances.Comment: Contribution to the proceedings of Lake Louise Winter Institute: Fundamental Interactions (LLWI 2009), Lake Louise, Alberta, Canada, February 16-21, 200

Search for RS-gravitons at CDF

We present a search for Randall-Sundrum (RS) gravitons decaying to diphotons or dielectrons or dimuons, performed with the CDF II detector and using up to 5.7 fb-1 of integrated luminosity. The respective mass spectra are consistent with the ones expected by the standard model. For the RS-model parameter k/M_Pl=0.1, RS-gravitons with mass less than 1111 GeV/c^2 are excluded at 95% CL.Comment: XIX International Workshop on Deep Inelastic Scattering and related subjects -- DIS11, Newport News, VA, USA Apr. 11-15, 2011 [4 pages, 4 figures

Search for trilepton SUSY signal at CDF

The chargino-neutralino production with subsequent leptonic decays is one of the most promising supersymmetry (SUSY) signatures at the Tevatron proton-antiproton collider. We present the most recent results on the search for the three-lepton and missing-transverse-energy SUSY signature using 3.2 fb-1 of data collected with the CDF II detector. The results are interpreted within the minimal supergravity (mSUGRA) scenario.Comment: Proceedings of the 17th International Conference on Supersymmetry and the Unification of Fundamental Interactions (SUSY 09), Boston MA, USA, June 5-10, 2009. To be published by the American Institute of Physic

Mexico’s Free Trade Agreements

[Excerpt] Mexico has had a growing commitment to trade integration through the formation of free trade agreements (FTAs) since the 1990s and its trade policy is among the most open in the world. Mexico\u27s pursuit of FTAs with other countries not only provides economic benefits, but could also potentially reduce its economic dependence on the United States. The United States is, by far, Mexico\u27s most significant trading partner. About 80% of Mexico\u27s exports go to the United States and 49% of Mexico\u27s imports come from the United States. Mexico\u27s second largest trading partner is China, accounting for approximately 6% of Mexico\u27s exports and imports. In an effort to increase trade with other countries, Mexico has a total of 11 trade agreements involving 41 countries. These include agreements with most countries in the Western Hemisphere including the United States and Canada, Chile, Costa Rica, Nicaragua, Guatemala, El Salvador, and Honduras. In addition, Mexico has negotiated FTAs outside of the Western Hemisphere and entered into agreements with Israel and the European Union in July 2000. Mexico also has an FTA with Japan. The large number of trade agreements, however, has not yet been successful in decreasing Mexico\u27s dependence on trade with the United States. Economic motivations are generally the major driving force for the formation of free trade agreements among countries, but there are other reasons countries enter into FTAs, including political and security factors. One of Mexico\u27s primary motivations for the unilateral trade liberalization efforts of the late 1980s and early 1990s was to improve economic conditions in the country, which policymakers hoped would lead to greater investor confidence and attract more foreign investment. Trade agreements were also expected to improve investor confidence, attract foreign investment, and create jobs. Mexico may have other reasons for entering into FTAs, such as expanding market access and decreasing its reliance on the United States as an export market. The slow progress in multilateral negotiations may also contribute to the increasing interest throughout the world in regional trade blocs. Some countries may see smaller trade arrangements as building blocks for multilateral agreements. Since Mexico began trade liberalization in the early 1990s, its trade with the world has risen rapidly, with exports increasing more rapidly than imports. Mexico\u27s trade balance with all countries went from a deficit of $13.5 billion in 1993 to surpluses of$7.1 billion in 1995 and $6.5 billion in 1996. Since 1998, Mexico\u27s trade balance has remained in deficit, reaching$17.5 billion in 2008. The trade balance with the United States went from a deficit of $2.4 billion in 1993 to a surplus of$82.0 billion in 2008. Exports to the United States increased 447% between 1993 and 2008, from $42.9 billion to$292.6 billion. Mexico\u27s imports from the United States increased 237% during the same time period, from $45.3 billion to$152.6 billion. In the 110th Congress, issues of concern related to the trade and economic relationship with Mexico involved mostly economic conditions in Mexico, issues related to the North American Free Trade Agreement (NAFTA), the effect of NAFTA on Mexico, and Mexican migrant workers in the United States. The 111th Congress will likely maintain an active interest concerning Mexico on these issues. This report provides an overview of Mexico\u27s free trade agreements, its motivations for trade liberalization and entering into free trade agreements, and some of the issues Mexico faces in addressing its economic challenges. This report will be updated as events warrant

Cádiz como eje vertebrador en España del discurso dialógico musical entre México y Andalucía en la etapa preflamenca

Over the centuries Cadiz has been a gateway for musics and dances from America. This fact was capital during flamenco conformation process. A significant presence of mexican music was integrated into the city, to the point of becoming new �gaditano� preflamencos styles. This phenomena has not been analyzed properly in flamenco literature until now. The study of transoceanic musical dialogue between Andalusia and Mexico from an ethnomusicological approach, is capital for the understanding of musical change processes during preflamenco period, being Cadiz an important point of convergenceDurante siglos Cádiz ha sido puerta de entrada de músicas y danzas procedentes de América, hecho que fue trascendental en la etapa de conformación del flamenco. La importante presencia de piezas musicales mexicanas que fueron integradas en esta ciudad hasta el punto de convertirse en nuevos estilos preflamencos propiamente gaditanos, es un fenómeno que no ha sido atendido en la literatura flamenca. El estudio del diálogo musical transatlántico entre Andalucía y México desde un enfoque etnomusicológico, es decisivo para la comprensión de los procesos de cambio musical producidos durante la etapa preflamenca, en la que Cádiz desempeñó un papel vertebrador

A revision of the genus Maracandula Currie (Neuroptera: Myrmeleontidae)

Three new species of Maracandula are described from Mexico and included in a key to the five species in Mexico. Diagnoses of the species are given as well as distributional data.Se describen tres especies nuevas de Maracandula de Mexico y se incluye una clave de las cinco especies conocidas de Mexico

The EEC-Mexican Agreement: Time for Reevaluation?

This Note argues that the EEC and Mexico should modify their current agreement. Part I examines the terms of the EEC-Mexican Agreement. Part II discusses the changing economic factors in the EEC and Mexico that dictate the need for a new agreement. Part III suggests modification of the EEC-Mexican Agreement to enhance the economic relationship between the EEC and Mexico. The Note concludes that the EEC, the second largest trading bloc in the world, should offer Mexico greater cooperation to enable Mexico to expand its non-petroleum exports and thereby modernize its industrial capacity. A new agreement with specific provisions designed to attain these goals would further the economic objectives not only of Mexico, but of the EEC as well

Apionidae from North and Central America : 6. Description of new species of Apionion Kissinger, Coelocephalapion Wagner and Trichapion Wagner (Coleoptera)

Two new species of Trichapion Wagner, T. baranowskii and T. santaritae, are described from Madera Canyon, near Tucson, Arizona. Six new species of Coelocephalapion Wagner are described: C. dilox (Mexico), C. goldilox (Costa Rica, Panama), C.johnsoni (Panama) with host Vatairea erythrocarpa Ducke (Fabaceae), C. nirostrum (Mexico), C. tellum (Texas, Mexico), and C. turnbowi (Mexico). Apionion opetion is described from Mexico. A closely similar species, Apionion bettyae (Kissinger), new combination, with probable host plant Lonchocarpus sp. (Fabaceae), is transferred from Trichapion