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index-September-2008-1.html English News Blog for  Mexico English News Blog September Archive 

Mexican Tourism Project: The 6.1 Billion Pacific Resort

09/29/08 10:56

Tourism has been an beneficial to a countries around the world. The taxes gained from and services lent to each tourists help generate revenue of a government like Mexico. Mexican President Felipe Calderon made a speech that the Mexican government will fund a billion dollar tourism project which will generate a greater revenue and opportunities to investors and government alike. To find out more about this promising tourism project read it here.

News: RIA Novosti - World - Mexico's president announces $6.1 bln Pacific resort

Clearing the News About Baja California

News about Baja California and its supposed perilous environment have been circulating around the Internet for quite a while now. Sure, some people might have had some not-so-nice experiences around here--but to say that it is generally perilous in Baja California?

The expats around here definitely does not think so. Despite the bad news, they still feel perfectly safe. Do I need to say more about it?

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Kidnapping's Affects Mexican Economy

Kidnapping in Mexico is now becoming a nuisance like the peso devaluation in the mid-1990's.

It seems that kidnapping don't tend to involve civilians but still make up the headlines so investors and Mexico's is greatly affected

Because of these social security threats, investors in Mexico pulled out and looked for safer climates cause they don't want to put millions in a country that can't even protect it's people.

News: statesman.com

Oil and gas reserves monitored for damages

Offshore oil and gas reserves in the Gulf of Mexico are now being monitored for the possible effects of the tropical storm Gustav.

The storm, which is expected to turn into a cyclone, is capable of wreaking damage in the Gulf of Mexico, where 40 percent of the United States' offshore reserves lie. Just keep on posted here at the Mexico News Blog for updates on the matter.

News: Gulfnews: All eyes are on Gustav's impact on Gulf of Mexico