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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
Cádiz como eje vertebrador en España del discurso dialógico musical entre México y AndalucÃa 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 AndalucÃa 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
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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 7.1 billion in 1995 and 17.5 billion in 2008. The trade balance with the United States went from a deficit of 82.0 billion in 2008. Exports to the United States increased 447% between 1993 and 2008, from 292.6 billion. Mexico\u27s imports from the United States increased 237% during the same time period, from 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
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
Heavy Flavor Production in CDF II Detector
For data collected with the CDF Run II detector, measurements of the charm
and bottom production cross-sections are presented. The results are based both
on large samples of fully reconstructed hadron decay products of charm and
bottom made available by the tracking triggers and on a calorimeter jet
triggered sample tagged by the presence of a secondary vertex. The experimental
data are compared with theoretical predictions from recent next-to-leading
order (NLO) QCD calculations.Comment: 5 pages, 3 figures; a write up of the talk given on behalf of the CDF
Collaboration at the XVII Particles and Nuclei International Conference,
PANIC 05, October 24-28, 2005, Santa Fe, New Mexico, U.S.
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