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AvNews, USA, December 27, 2007

eNews Update


The Latin Business Chronicle named the president of Mexico, Felipe Calderon, as its leader of the year last week. For the full story by Joaquim Bamrud, go to www.latinbusinesschronicle.com. The decision is based on Mexico’s slow but certain progress.” Reforms on taxes and pensions have passed this year and next year will likely see telecom and energy reforms. Calderon has announced a $250 billion, five year infrastructure plan aimed at improving Mexico’s ports, airports and oil and gas sector”. The article also quotes a number of experienced observers in the region, which include Peter Hakim, of the Interamerican Dialogue; Walter Molano, chief of research at BCP Securities; among others – all favorably supporting the nomination. Stay tuned.

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