New USD$100 million Solar Photovoltaic power station to be built in Nuevo Leon

New USD$100 million Solar Photovoltaic power station to be built in Nuevo Leon

Feb 29, 2016

GALEANA, Nuevo León — Iberdrola Mexico, SA de CV (Mexico City) plans to construct a new USD$100 million Solar Photovoltaic (PV) power station in the municipality of Galeana in the northern state of Nuevo Leon. Iberdrola México, S.A. de C.V. is a country head of business company of the IBERDROLA Group in Mexico, a global energy company and the world leader in wind power with operation in the United Kingdom, USA, Brazil, Spain and México. Iberdrola México operates through two leading companies: Iberdrola Generación México, S.A. de C.V. and Iberdrola Renovables México, S.A. de C.V. and its main responsibility is the definition and implementation of the strategy for the Iberdrola Mexico Group. These two leading companies have their own Board of Directors and have the responsibility and capacity to take their own decisions concerning its operations, ensuring an adequate separation in the management of businesses. The new solar power station will be located about 64KM northwest of the city of Galeana in the state of Nuevo León. The total estimated value (TIV) of this investment is roughly $100 million USD. The station will be able to produce a huge number of megawatts and gigawatt-hours of electricity annually, to service a large number of homes in the state of Nuevo León. Source: Industrial Info Resources (Sugar Land,...

Homicides in Baja California doubled during January 2016 compared to the same month last year

Homicides in Baja California doubled during January 2016 compared to the same month last year

Feb 29, 2016

InSight Crime is a website dedicated to the study, investigation and analysis of organized crime, which they consider the principal threat to national and citizen security in Latin America and the Caribbean, published a note on Friday, 26th, in reference to the significant increase in the number of homicides in Baja California. Homicides in Mexico‘s Baja California nearly doubled during January 2016 when compared to the same month last year, raising speculation the Jalisco Cartel is seeking to exert control over the state’s lucrative drug routes into the United States. According to data (pdf) from Mexico‘s National Public Security System (Sistema Nacional de Seguridad Pública – SNSP), January saw 1,534 murders nationwide, an increase of 7.42 percent over January 2015. The most notable increase was in Baja California with 99 murders, compared to 52 in January 2015. The northern border city of Tijuana accounted for 71 of last month’s murders in Baja California. Several officials have attributed Tijuana’s increased violence to the Jalisco Cartel – New Generation (Cartel de Jalisco – Nueva Generación – CJNG), reported the Los Angeles Times. The CJNG “is the new player in town that is trying to gain control of the Tijuana plaza” said Gary Hill, assistant special agent in charge of the Drug Enforcement Agency (DEA) office in San Diego. However, Daniel de la Rosa, Baja California’s public safety secretary, asserted the CJNG does not have a strong physical presence in the state. Rather, he suggests the criminal organization is focused on forging alliances with members of the Tijuana underworld in a challenge to the Sinaloa Cartel, considered to be the city’s dominant drug trafficking group. InSight Crime Analysis The criminal landscape in Tijuana may be more complex than what appears to be, on its surface, a battle for supremacy between competing drug networks. A recent report suggests corrupt Tijuana police are also seeking to exert control over the city’s criminal activities. Such a possibility suggests a similar situation to that seen in another Mexican border city, Ciudad Juárez. There, police acted as the guarantors of the city’s underworld, providing physical protection and immunity from prosecution to chosen groups. As such, if Tijuana is indeed headed towards a turf war, whichever group wins the police may win control of the city’s underworld....

“Yuca-Disney” a fogotten project rotting in the middle of the jungle

“Yuca-Disney” a fogotten project rotting in the middle of the jungle

Feb 28, 2016

ALEJANDRO AZCARATE VARELA.- As we mentioned on Saturday Feb. 27th in “Campo Fértil”, the radio show hosted by Alfredo Azcárate and Max Montaño in Mexicali; today we post this story featuring  The Mayan Palace (Palacio Maya), a project that was conceived during the administration of former Governor of Yucatan, Ivonne Ortega Pacheco, as the first part of a “Yucatecan Disneyland” in the land of the Maya, but the project was abandoned in 2012 and is now rotting in the middle of the Yucatan Peninsula’s rainforest. The State Government made an initial investment of 90 million pesos (7 Million USD) for the project using treasury funds, which means that the project was funded with taxpayer money. According to a statement made by Ex-Governor Ivonne Ortega in 2012, the initial investment was to fund 60% of the construction. The ceremony to lay the cornerstone for this project took place on December 21, 2009 in the town of Yaxcabá, 11.5 miles from Chichen Itza, and was presided by Ortega Pacheco herself. During the ceremony, “Ibom” as she is known in the State of Yucatán, made a statement that transcended space and time: “Let’s build a Disneyland, but with culture,” she had the nerve to say in front of the attendees. Today the 13 thousand square meters of construction is being overrun by the lush vegetation of the Peninsula, while other parts are flooded and rotting. The palace construction only made it to the second stage, consisting of a parking lot, landscaping, foundation of the museum lobby, permanent exhibits hall, temporary exhibition area and basement. The complex, which was inspired by the Egyptian Museum in Cairo, stands next to the Abán cenote and, together with the Master Plan for Chichen Itza, was to be the beginning of a mega-project consisting of hotels, all inclusive resorts, golf courses and an amusement park.  Although the second phase of the project was never officially presented, private investors (such as Xcaret), expressed their interest in taking part. Ingeniería y Desarrollo Inmobiliario de México, a Mexico City based Construction Company, moved their machinery from the project site in May of 2014, and left the project in the hands of the Cultural and Tourist...

Top 25 Mexican slang words every Expat should master

Top 25 Mexican slang words every Expat should master

Feb 26, 2016

Your Ultimate guide for Mexican Slang is here! If you are an Expat living in México, you know by now that slang is a big part of the Mexican way of life. Or maybe you are in the States or Canada planning a trip to Mexico? Well, these are the top 25 slang words that will have you speaking like the locals in no time! Or at least understand what they’re saying. Once you know the slang, you’ll realize that you hear it all the time. So try some out and see how you go!! (We are incuding a few more vulgar words at the end too, just in case…) Mexican Slang Wey/Güey – Means dude. The number one Mexican slang word. You will hear this word everywhere on the streets and in bars with locals, mainly amoungst men. Like, how’s it going wey? What are you doing tonight wey? No wey, you can’t do that wey. You’re crazy wey. If you’re not hearing it, you’re hanging around too many tourist areas. Que onda – How’s it going? What’s up? The most popular way to say ‘hows it going’ with friends. Can also use ‘Que tal?’ and ‘Que paso?’ No manches!! – ‘No way!’ or ‘You can’t be serious’. If someone tells you something incredible or bad has happened, or a story you don’t believe, you will say ‘No manches!‘ Aguas!! – Look out!! If you hear someone yell out ‘Aguas!!’, they’re telling you something is about to hit you, or quick, get out of the way. Estoy crudo – I’m hungover. Not slang, but one you will use if you plan on partying it up in Mexico and feeling a bit rough the next day. ‘Estoy crudo. Tomé desmasiado anoche.’ I’m hungover. I drank too much last night. Que padre – That’s awesome/really good. If someone tells you some good news or shows you something good. Say, ‘Que Padre‘. Can also say ‘Que chido‘ but that will sound more “naco” (vulgar). Chingón – The informal/cool way to say something is awesome, the best or super good. ‘Está chingon‘ Its awesome. Use with friends. (The use of this word is not recommended in working environments or formal gatherings.) Fresa – Also means strawberry, but is used to...

Mexican economy slows down during 2015 fourth quarter

Mexican economy slows down during 2015 fourth quarter

Feb 26, 2016

Mexican growth slowed more than expected in the fourth quarter as industry contracted by the most in over two years despite steady services expansion, data showed on Tuesday. The economy MXGDPQ=ECI grew by about 0.5 percent from the prior quarter, below the 0.8 percent rate in the third quarter and expectations of 0.6 percent from analysts in a Reuters poll. The industrial sector, which has been hit by sinking oil prices and production at state oil giant Pemex [PEMX.UL], fell 0.4 percent compared to the third quarter, its biggest drop since the second quarter of 2013. Services, which buoyed growth last year, grew by 0.9 percent, slightly below the 1 percent pace of expansion in the third quarter. Latin America’s No. 2 economy suffered last year from uneven U.S. demand for its exports and recent weakness in U.S. factory output could further drag on Mexico. Still, improving domestic demand has supported growth despite a dramatic slump in the peso. Earlier this month, Mexico’s finance ministry and central bank announced 2016 budget cuts and a surprise interest rate hike to shield the peso from a deeper slide and boost investor confidence in Latin America’s No. 2 economy. But in a client note on Tuesday, Barclays said the moves could create further headwinds for Mexican growth, which it expects will reach 2.3 percent this year. Compared with a year earlier, the economy MXGDPY=ECI grew by 2.5 percent, on par with analysts’ expectations. A separate report showed economic activity MXIGAE=ECI was flat in December on a monthly basis and expanded by 2.6 percent in the month compared to December 2014 MXIGDP=ECI.   (Reporting by Alexandra Alper; Editing by Andrea Ricci) Source:...