Friday, November 24, 2006

News briefs on Mexico

* “Things are going to change because we are working together” said Andres Manuel Lopez Obrador (image) on Monday during a ceremony at Mexico City’s Zocalo where he declared himself as the country’s “legitimate president”.

* Taking a page from Chile’s “Chicago Boys” president-elect Felipe Calderon named a team of U.S.-educated economists to his Cabinet on Tuesday.

* One of the world’s most accurate radio telescopes began to work on Wednesday perched approximately 14,000 feet on top of a southern Mexican volcano.

* Inflation in Mexico grew by 0.51% in November and up to 4% for this year.

* In spite of protests Wal-Mart's Mexican division received the final authorization to open its own banking unit.

Links- Sign on San Diego, Wikipedia, Houston Chronicle, news24.com, El Financiero (Mexico), The Latin Americanist (blog), Reuters

Image- Gulf News

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