Latin America News
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Mexico's Economy Probably Grew 7 Percent in Second Quarter, Ministry Says
Mexico’s economy probably grew 7 percent in the second quarter from a year earlier, the Finance Ministry said in a statement.
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Venezuela Sends Units of Soldiers to Border With Colombia, Chavez Says
Venezuelan President Hugo Chavez said military troops had been sent to the border with Colombia as a preventive measure against an attack from neighboring Colombia.
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Mexicana in `Critical' Financial Situation, Board Will Seek New Strategies
Grupo Mexicana de Aviacion, Mexico’s biggest airline by passengers, said its financial situation is “critical” and the company will present shareholders with proposals to keep the carrier operating.
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Pemex Expects `Important' Increase in 2011 Capital Investments, CFO Says
Petroleos Mexicanos, Latin America’s largest oil producer, expects to have an “important” increase in capital investments next year, the company’s chief financial officer said.
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