Archive for May 25th, 2011

News Americas, WASHINGTON, D.C., Fri. May 20, 2011: A day after accused sex offender, Dominique Strauss-Kahn, resigned as managing director of the International Monetary Fund, his replacement choose to focus solely on the business of the IMF.

Addressing the International Monetary Fund Annual Meeting of the Bretton Woods Committee, Acting Managing Director John Lipsky, Acting Managing Director, yesterday insisted that he’d like the focus to be “on how we can build a stronger global economy.”

The American-born Lipsky told the Committee that ...

News Americas, MEXICO CITY, Mexico, Fri. May 20, 2011: Crime caused largely by drug-related violence is definitely costing Mexico the president of the National Private Security Council insists.

Alejandro Desfassiaux told Efe news service that their latest survey show that about 27 percent of businessmen are reconsidering their investments in Mexico.
He added that another16 percent have suspended investing and 8 percent are considering shifting investment to other countries.

Only 23 companies opened in 2010, while 3,000 had opened in 2007, Desfassiaux ...