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Many of our clients who have visited the Yucatan Peninsula fall in love with the people, the land, and the culture that make this area of Mexico so delightful.  We looked to find a way we can “bottle” the experience visitors and residents experience each day they spend here.

We would like to share with you a video we created to give you an idea of what the Yucatan has to offer.  Take a minute or two to “visit” this enchanting corner of the world with Mexico International Real Estate as your guide.  We hope you enjoy yourself!

Click here to view “This is Yucatan!”

If you have any questions about what it is like to live and work in Mexico please don’t hesitate to reach out to us!

Beautifully wooded, undulating with hills and loaded with good soil. The owner is willing to sell a lot as small as 20,000 sq meter or as large as 200,000-sq meters. Asking 4.0-mexican pesos (four) per square meter.

20,000 sq meters = 4.94-acres. With the current exchange rate of around 13-mxp – 1-usd the price of 20,000-sq mtrs is approx $6,154.00-usd. Or the entire 200,000-sq meters which is equal to nearly 50-acres for just under $62k. Owner will consider offers.

Teabo is a very nice pueblo located about an hour and 20-minutes North/North-East from Merida. If your looking for a tranquil and quiet place to own property on the Yucatan Peninsula and want to be close to a charming town, good food, services – all accessible by a good highway (to town) and then a country dirt road to the property – then this is it!

http://mexintl.com/property/003659

For more info contact Mitch at miguelsmexico@gmail.com

How Not to Get Beheaded in Mexico
by Douglas Anthony Cooper

I can’t even remember when I last experienced the beheading of a close friend. Everyone assumes it must be a weekly, or even a daily event: after all, I live in Mexico. The truth, however, is that you are as likely to have your head removed against your will in my town — Oaxaca — as you are to be murdered by roving, machete-crazed gangs in Martha’s Vineyard.

You protest: slavering butchers are thin on the ground in Martha’s Vineyard. Ah, but we do not have beheadings in Oaxaca. To be honest, they’re unconscionably lax about slaughtering tourists in this city. It just doesn’t happen. There are whole great swaths of Mexico — some 95% of the country — that are untouched by the drug war. In these places, tourists are annoyingly safe.

Take out a map. Mexico is rather large. To avoid all of Mexico because you fear drug violence, is like cancelling your trip to the Napa Valley because you hear that people are flying airplanes into towers in New York City. (I’m sure a lot of Europeans did just that.)

The homicide rate in most Mexican cities is simply not very exciting. People who read newspapers — they are legion — will tell you that Mexico City is Elm Street on steroids. No way they’re taking their family anywhere near the Mexican capital. Yet these same people do not think twice about hauling their beloved brood to Disney World.

Disney World is in Orlando. Orlando, Florida.

What, you’re not trembling? The rate of violent crime in Orlando is really something. At the theme park itself you might not encounter drooling gangs with machetes, but the likelihood of getting slaughtered is much higher in the city of Orlando than it is in Mexico City. The homicide rate in Mexico City is sub-terrifying: 8.3 out of 100,000. The rate in Orlando? Honey, you don’t want to know.

If you’re truly bent on living dangerously, hit the French Quarter for a shot of faux absinthe. New Orleans is leveling humans at a rate of 58 per 100,000. To be fair, that’s an improvement upon the homicide record set in 1994: an awe-inspiring 85.8. No doubt champagne is flowing at the tourist board.

Don’t get me wrong: I worship New Orleans. It’s a lot safer than it used to be, and I
would not hesitate to visit. Still, Mayor Mitch Landrieu admitted — when discussing a local high school — that for part of last year, “a student attending John McDonogh was more likely to be killed than a soldier in Afghanistan.”

Funny that people are not dissuaded from visiting New Orleans — or Disney World — by travel advisories that read like torture porn.

Oh, you do want to know that Orlando statistic? That would be 11.7
((28 homicides, in a population of 238,300). Which is better than New
Orleans or Baghdad, but way higher than Mexico City. Ironically, Orlando receives the same kind of hyperventilating press in the UK that Mexico suffers in Canada and the US: to Brits, Orlando is The Mouse That Roared, Then Indiscriminately Dismembered.

The internet too offers exquisite advice regarding Orlando. Somehow, I suspect this is hyperbole: “Don’t be surprised if your sleeping child has been taken right out of their hotel bed in the wee hours of the morning.” I mean, come on. You have my permission to be surprised.

In fact, the capital of America is a much more dangerous place than the capital of Mexico: You are 10 times more likely to get beheaded on a school trip to the Lincoln Memorial than you are strolling through downtown Mexico City.

Okay, I’m lying. You are ten times more likely to be murdered in a drug-related crime. (The rate of actual beheadings is suppressed by travel agents on both sides of the border.)

People ask me, regularly, how they can travel safely to Mexico. Here I have impeccable advice: follow this, and you’re pretty much guaranteed to keep your head. Taking notes? Good.

Do not, under any circumstances, take a job with a major drug cartel. Just say no. You do not want to be a hit man, or a mule, or even middle management — that’s how people get killed.

I mean it: that is how people get killed. Sunbathing, on the other hand, is oddly uneventful. Yes, there are a few places in Mexico that I would avoid, unless I were applying for that gig (which I urge you to reconsider). Most border towns are not the destination of choice, except I suppose when brothel-hopping, in which case I’m told a soupçon of danger is bracing (and well-deserved). Acapulco too has declined. It was once a town in which you had a good chance of having a bad time. It is now a town in which you have no chance of having a good time.

And Mexico City, while not particularly murderous, is somewhere to be very careful: petty crime is rife, and not-so-petty crime (kidnapping) is a real issue. I travel through Mexico City all the time, and even chose to live there fairly recently, but I take the usual precautions — I restrict myself to taxis from official taxi stands; I don’t use bank machines on the street; and I suppress the urge to wave my arms around and yell, “Rob the Canadian!” (If you would like to give it a shot, that would be: “¡Saqueen al canadiense!”)

Lots of really nice cities are getting a bit hairy: Guadalajara, for instance. The San Francisco Chronicle has a useful list of places to avoid — mostly areas on the American border, and south along the Pacific Coast to the state of Guerrero. The Washington Post has another useful list: they add to this the entire state of Veracruz (which is very sad — it’s lovely). These two guides will steer you clear of all the places you have been reading about, including the very few resort towns that have become dangerous: Mazatlán, for instance, and Acapulco.

Again, however, this is a tiny part of Mexico. “Of 2,500 municipalities (what we call counties), only 80, or fewer than five per cent, have been affected by the drug war.”

Graphic anecdotes are hard to ignore, by design, but they are useless when trying to grasp the nature of a country that is not simply vast, but immeasurably diverse. You know how Los Angeles doesn’t have a whole lot in common with an Amish community in Pennsylvania? Well, multiply that difference a thousand-fold when comparing Ciudad Juarez (a genuinely dangerous place) to a Maya village in the state of Yucatán.

In fact, you are quite a bit safer in this state — which includes the ruins of Chichen Itza and Uxmal — than you are in Canada. The national homicide rate in Canada is 1.85 victims per 100,000. Sorry, kids, but that’s a war zone relative to Yucatán: .5 in 100,000.

Mexico’s homicide rate as a nation isn’t even world-class. The country is in fact something of a sissy relative to the thugs in the neighborhood. Before avoiding Mexico, cross the following nations off your list: Honduras, El Salvador, Saint Kitts and Nevis, Venezuela, Jamaica, Belize, Guatemala, Bahamas, Columbia, South Africa, Trinidad and Tobago, Brazil… ah, but I’m boring you. I shouldn’t be: All of these countries — and this is only half the list — are murderfests relative to Mexico. Some of these places are worse than Miami.

Let’s put this in perspective. Imagine a nice family from Mérida planning their vacation in Canada. They do research on the internet, and decide that some things are just too risky. Tea at the Empress Hotel, for instance. Victoria BC is the second most dangerous city in Canada? “Butchart Gardens” must be Canadian slang for “the place where people get butchered.”

So our family turns elsewhere. Hmm. Probably best to avoid “Edmonton’s Murder Belt.” Aiee. We’ll go east. Regina? Are you out of your mind? “Saskatchewan reported the highest Crime Severity Index, followed by Manitoba.” How about the East Coast? Not if our worried Mexican family cares about that crime severity thing: “St. John’s had the largest increase.” This is awful.

At last, after carefully considering Prince Edward Island, our sensible family decides it is just not worth the risk. (After all, homicide in PEI has skyrocketed.) You would have to be a fool to leave Mexico.

All right, all right. The beyond-exponential increase in homicide associated with Prince Edward Island — when looked at closely — is not really that alarming. One whole person was killed in 2011. As opposed to zero, in the five preceding years. Prince Edward Island is hilariously safe. The Mexican government has been decent enough to refrain from issuing travel advisories, despite the crime rates in Abbotsford and Thunder Bay. Level heads have prevailed.

The truth is that most of Canada is almost as safe as Yucatán.

To read more about this article, go to http://www.huffingtonpost.ca/douglas-anthony-cooper/canada-attack-resort_b_1232486.html?just_reloaded=1

11 Enero, 2012 – 20:08
Credito: Notimex

Durante las últimas dos semanas del año pasado, la ocupación hotelera se elevó en rangos que van de 3.5 a 26.5% en playas, localidades coloniales y ciudades del interior del país, informó la Secretaría de Turismo (Sectur).

La dependencia detalló que en las dos últimas semanas de 2011, en muchas urbes se registraron crecimientos en la ocupación hotelera al compararse con el mismo periodo de 2010.

Por ejemplo, ciudades como Palenque, Chiapas; San Juan de los Lagos, Jalisco, y Villahermosa, Tabasco, registraron incrementos de 26.5% la primera y 18% las otras dos.

De las localidades coloniales, la ocupación de las habitaciones formales de hotel en San Miguel de Allende aumentó 17.5% si bien la estadística no contempla la ocupación en establecimientos informales de hospedaje.

Querétaro registró 14.9% de incremento en ocupación hotelera; Puebla, 10.9% Taxco, Guerrero, 9.1% San Cristóbal de las Casas, Chiapas, 7.1% y Oaxaca de Juárez, 6.2 por ciento.

Entre los destinos de playa fue variado el incremento de ocupación en las dos últimas semanas de diciembre de 2011, comparadas con el mismo periodo de 2010.

Mazatlán, Sinaloa, tuvo un incremento de 3.5% Cancún y la Riviera Maya, en Quintana Roo, de 4.1%, mientras que en Acapulco, Guerrero, fue de 6.5 por ciento.

La ocupación hotelera en Huatulco, Oaxaca, creció en 8.1%, al comparar los periodos de referencia, mientras que Los Cabos, Baja California Sur, tuvo un alza de 12.8% y Puerto Vallarta, Jalisco, de 23.4 por ciento.

Según Sectur, en el periodo vacacional (de invierno) más de 10.7 millones de turistas nacionales y extranjeros recorrieron los principales destinos, con un gasto del orden de los 40 mil millones de pesos.

La dependencia también hizo notar que de acuerdo con cifras del Banco de México, en noviembre se incrementó el gasto realizado por visitantes internacionales, turistas fronterizos y pasajeros de crucero, en relación con el mismo mes de 2010.

Por último, la Secretaría de Turismo indicó en un comunicado que en todo el año el flujo de turistas nacionales en el país superó los 167 millones 300 mil, mientras que la llegada de visitantes internacionales superó los 20 millones.

http://eleconomista.com.mx/industrias/2012/01/11/crece-ocupacion-hotelera-diciembre

10 Enero, 2012 – 18:02
Credito: Notimex

Miami.- México está entre los mejores países de Latinoamérica para despertar el espíritu emprendedor e iniciar un negocio, según el Índice de Emprendedores de Latinoamérica, que elabora la publicación digital especializada Latin Business Chronicle.

El indicador mide el desarrollo de quienes deciden iniciar su propio negocio, contemplando cinco factores, que incluyen el número de trámites y el tiempo para iniciar una empresa.

También considera el costo de iniciar un negocio como porcentaje del ingreso per cápita del país, y el acceso al crédito a partir de la facilidad para acceder a un préstamo bancario contando sólo con un buen plan de negocios y sin garantes.

También observa la disponibilidad de capital riesgo para emprendedores con proyectos innovadores, pero arriesgados.

El índice utiliza datos del informe ‘Haciendo Negocios 2012′ del Banco Mundial y el Informe de Competitividad Global 2011-12 del Foro Económico Mundial.

México, junto con Panamá, son los países con el segundo menor número de trámites para iniciar un negocio (seis en promedio), el tercero con menor tiempo para iniciar una empresa (nueve días) y el sexto con menor costo per cápita para registrar y comenzar la firma.

México está en quinto lugar como mejor país por emprendedores, al ver reducida su potencialidad al ubicarse en un puesto más bajo cuando se trata de acceder a la iniciativa privada para financiar proyectos, según el acceso a préstamos y la disponibilidad de capital riesgo.

Chile lidera el índice, seguido por Panamá, Colombia, Perú y México, mientras que los cinco peores países para emprendedores son Venezuela, Nicaragua, Bolivia, Brasil y Ecuador.

Venezuela se clasifica como última en el Índice de Emprendedores de Latinoamérica, pues tiene el más alto número de trámites para iniciar un negocio de Latinoamérica (17), el más largo tiempo (141 días, casi cinco meses) y la tercera peor disponibilidad de capital riesgo.

http://eleconomista.com.mx/industrias/2012/01/10/mexico-rezagado-mercado-emprendedores

–Beige book lifts IPC stock index 0.3%

–Europe woes continue to cast shadow

–Fitch affirms Mexican rating, auto makers set new record

By Amy Guthrie

Of DOW JONES NEWSWIRES

MEXICO CITY (Dow Jones)–Mexican shares rose Wednesday, lifted by reinforced hopes for an improving U.S. economy and continued optimism for corporate quarterly earnings.

The IPC index of Mexico’s most-traded shares advanced 117 points, or 0.3%, to 37308 points on volume of 177 million shares traded worth 4.27 billion pesos ($314 million).

The U.S. Federal Reserve’s studies of regional economies, known as the beige book, showed that the economy of Mexico’s chief trade partner appears to be recovering further, overshadowing the concerns over Europe’s debt troubles that had taken Mexican shares lower at the start of the session.

Earlier Wednesday, the German government’s statistics office said that country’s economy probably contracted by around 0.25% in the fourth quarter. In addition, data showed that Spanish industrial output dropped 7% in November from a year ago after declining 4.2% in October, suggesting that Spain’s economy may have also contracted in the fourth quarter.

“These weak figures continue to signal a recession in Europe for this year, increasing nervousness among investors,” said Banorte-Ixe analyst Juan Carlos Alderete.

Also, in Mexico, industrial output was weaker than expected in November, signaling that the global economic slowdown has started to affect Mexico. The domestic auto industry, though, reported that Mexico produced a record number of cars and light trucks in 2011, thanks in large part to strong export demand. The auto industry, a key component of Mexican manufacturing, expects that vehicle production could be similar in 2012 although there is a downside risk from the anticipated economic slowdown in Europe.

Separately, Fitch Ratings affirmed Mexico’s rating at BBB with a stable outlook Wednesday, citing the country’s “well-anchored macroeconomic stability, low external imbalances, modest external indebtedness and a relatively healthy banking sector.”

The agency, though, expects the overall credit quality for Mexican home builders to deteriorate in 2012, driven by negative free cash flow resulting in increased leverage and weaker liquidity.

Nonetheless, shares of several home builders rose Wednesday, with Urbi ending up 2.2% to MXN18.66, Homex rising 1.9% to MXN40.54, and Ara advancing 1% to MXN4.12.

Among blue chips, mobile operator America Movil gained 0.4% to MXN15.50, cement firm Cemex gained 3% to MXN7.59 and miner Grupo Mexico rose 1.8% to MXN38.54, supported by higher copper prices.

-By Amy Guthrie, Dow Jones Newswires; (5255) 5980-5177, amy.guthrie@dowjones.com

http://online.wsj.com/article/BT-CO-20120111-713445.html

Mexican immigrants living in the U.S. sent an estimated 8% more money back to relatives last year compared with 2010, thanks to an improving U.S. job market.

By Ricardo Lopez, Los Angeles Times

7:40 p.m. CST, January 11, 2012
Ending a three-year slump, remittances to Mexico are finally on the upswing, thanks to an improving U.S. job market.

Analysts expect that money sent home last year by Mexicans living abroad, most of them residing in the United States, will top $23 billion when Mexico’s central bank releases annual figures this month. Although still below the peak of $26 billion in 2007, that would be a solid 8 percent increase over 2010.

Money transfer giant Western Union Co., whose revenue sagged during the recession, saw its remittance business strengthen in 2011. The Colorado company reported a 5 percent increase in revenue from its Mexico business in the third quarter compared with the same period in 2010. Its stock price is up more than 13 percent during the last three months.

The figures underscore falling unemployment rates in California and nationwide, where sectors such as construction, manufacturing, restaurants and hotels that employ large numbers of Latino immigrants are creating jobs.

“People are working more,” said Jesus Hernandez, manager of the downtown Continental Currency branch, as he and another teller hustled through a line of 12 people. Money “wires are coming back up.”

The uptick is also good news for Mexico. Remittances are the nation’s second-largest source of foreign exchange, behind petroleum sales. And they’re a lifeline for millions of low-income Mexicans who use the funds for basics such as food, education and housing.

Remittances are also crucial for infrastructure projects in hardscrabble rural areas of Mexico. Most state governments there have a “Three for One” program in which emigres’ contributions are matched by local, state and federal governments to pay for schools, clinics and other public works projects. When remittances plunged, many projects were suspended or delayed.

“The rise in remittances will mean the Mexican economy will grow compared to the year before,” said Alfredo Coutiño, Latin America director for Moody’s Analytics. “Remittances are very important for the Mexican economy.”

Conversely, he said, if the U.S. recovery slows, it could derail Mexico’s progress.

Remittances to Mexico soared in the early 2000s as immigrants found abundant work swinging hammers and hanging drywall during the U.S. housing boom. At the peak, 1 in 5 Latino immigrants in the U.S. was employed in the building trades, according to some estimates.

But the housing bust and recession sent remittances tumbling after millions of jobs vanished. A crackdown on illegal immigrants has also take a toll. Tough new state laws aimed at undocumented residents in Alabama, Arizona and other states have forced some migrants to abandon their jobs. Others have changed their financial habits, holding on to cash in the event they’re forced to relocate, experts said.

More stringent border enforcement, workplace raids and deportations by federal authorities have also affected remittances. Nearly 800,000 illegal immigrants were deported in the last two fiscal years, many of them from Mexico, according to data from U.S. Immigration and Customs Enforcement. Migration from Mexico to the U.S. is at a virtual standstill partly because of these tough measures and continued high unemployment in the U.S., Mexican census figures suggest.

Money transfer services felt the pinch. Western Union, for example, with its ubiquitous yellow-and-black logo, saw remittances to Mexico sag during the U.S. recession, which stretched from December 2007 to June 2009. The largest decline came in 2009, when the company’s Mexico revenue slipped 15 percent from the previous year, to $306 million.

Still, an estimated 11 million Mexican immigrants, both legal and undocumented, reside in the U.S. For many, ties to their families in Mexico remain strong. Studies have shown foreign-born workers are more likely to accept lower wages and to relocate to find work during tough times than native-born workers. That resourcefulness is helping fuel the recent boost in remittances, experts said, even though U.S. unemployment remains relatively high.

“The migrant population [is] resilient, even with the slowdown in sectors,” said Natasha Bajuk of the Inter-American Development Bank. “If they lost their job in construction, they’ll find one in services…. One of the main motivations of having migrated is to provide for families back home. They’re, by definition, a population that is willing to take risks.”

A weakened Mexican currency is helping as well. Before the recession, a U.S. dollar bought about 11 pesos. Currently, a dollar buys 13.6 pesos, meaning dollars earned in the U.S. are stretching further south of the border.

“Immigrants have more of an incentive to send money to families even if they are having savings or unemployment problems,” said Rodolfo Garcia Zamora, an economics professor at the Autonomous University of Zacatecas, Mexico.

Pedro Morales, a 21-year-old laborer who works in construction, said that times have been tough in recent years. He and his middle-age father, who share a room in Eagle Rock, have struggled to find work. But they’ve stayed put because they’re supporting Morales’ three sisters and mother in Mexico.

Morales said he used to send them as much as $700 every couple of weeks. Now he’s lucky if he can scrape together half that to help buy food and pay for his sisters’ school uniforms. Still, he said every dollar counts.

“You do what you can,” Morales said in Spanish. “But you make more money here” than in Mexico.

ricardo.lopez2@latimes.com

Copyright © 2012, Los Angeles Times

11 Enero, 2012 – 23:55
Credito: Ana Valle / El Economista

En las siguientes décadas, la economía mexicana escalará junto con otras de Centro y Sudamérica en el ranking mundial, ascendiendo del lugar 13 al ocho hacia el 2050, pero tendrá un ritmo de crecimiento inferior al de otras economías de la región, como Ecuador o Perú.

“El potencial de las economías de América Latina se ha desatado en las últimas décadas en tanto han logrado atenuar la inflación”, escribió Karen Ward, economista global senior de HSBC Global Research.

Sin embargo, el estudio “El mundo en 2050” cita que la región mantendrá un ritmo de crecimiento descendente, de 4.9% en promedio en la década del 2010 al 2020, hasta 3.9% en la que concluye en el 2050.

En la presente década, la economía mexicana crecerá en promedio en 3.3%, recuperando vigor en la siguiente con un crecimiento de 4.4%, para luego perder fuerza y crecer en la década del 2030 al 2040 en 3.5% y hacia el 2050 en 3.1% en promedio. Con ello, el PIB pasará de 688 billones de dólares a 2,180 billones.

El caso de México luce mejor al de Brasil, que subirá en dos puestos al lugar siete. HSBC estima que Brasil mantendrá el ritmo de la mexicana en esta década, pero que en la que concluye en el 2050 su PIB se expanda a una tasa de 2.8 por ciento. Aunque al final del periodo su PIB será similar al mexicano, del orden de 2,960 billones de dólares.

La estrella en la región es Perú. “La combinación de fundamentales sólidos con un fuerte crecimiento demográfico dan un crecimiento promedio de alrededor de 5.5% en los próximos 40 años”, mencionó el reporte. La economía peruana se moverá 20 lugares en el ranking hasta el puesto 26, la mayor mejora en la región.

En términos de ingresos por persona, la situación cambia. En México se espera un deterioro al pasar del lugar 42 al 47, con ingresos estimados de 21,793 dólares por persona, con un crecimiento promedio de 3.3% en el periodo contemplado, con un tendencia alcista en el ritmo de crecimiento.

Por el contrario, para la estrella de la región, Perú, el ritmo de crecimiento del ingreso por persona disminuirá de 5.4% a 4.1%, pero pasará del lugar 59 al 53.

MUNDO EMERGENTE, LÍDER DEL CRECIMIENTO

México, Turquía y Brasil se encuentran entre los países que tendrán un crecimiento entre 3 y 5%, mientras que Estados Unidos, Alemania, España y Japón con expansiones de menos de 3%, y países como China e India entre los 26 que verán un crecimiento superior a 5 por ciento.

El mundo emergente seguirá jugando un papel importante en el crecimiento económico global, al contribuir con alrededor de 2.6 por ciento.

“La historia de los mercados emergentes es sólo el inicio. Como los nuevos emergentes tomen fuerza, las economías emergentes ofrecen un gran potencial para impulsar la economía global hacia el 2050”.

La economía china se volverá la primera del mundo y en términos de ingreso por persona escalará 11 posiciones al lugar 54, con 17,759 dólares. En el caso de India, la escala será en cinco lugares en términos del PIB y de sólo dos en términos de ingresos personales.

http://eleconomista.com.mx/finanzas-publicas/2012/01/11/mexico-sera-octava-economia-2050

By Ben Bain

Jan. 11 (Bloomberg) — Mexico’s peso rose after the nation’s auto industry group said production hit a record last year, fueling optimism for Latin America’s second-biggest economy.

The peso strengthened 0.2 percent to 13.6087 per U.S. dollar at the close in Mexico City, from 13.6329 yesterday. The currency weakened as much as 0.5 percent in intraday trading. It’s gained 2.4 percent in 2012, after posting the worst performance among Latin America’s major currencies last year.

The peso, which earlier fell amid concern a German economic slump would damp global growth, rebounded after Mexico’s Automobile Industry Association said auto production last month outpaced that of December 2010, according to Eduardo Suarez, a Latin America currency strategist at Scotia Capital Inc. Output hit a record in 2011, Eduardo Solis, president of the auto association known as AMIA, said during an event in Mexico City.

Production of cars and light trucks rose to 2.56 million units last year, a 13.1 percent increase from 2010, he said.

“The correlation with the auto industry and the economy as a whole is really high,” Suarez said in a telephone interview from Toronto.

Mexico’s industrial production rose 3.2 percent in November from a year earlier, the national statistics agency said today on its website. Economists had forecast an increase of 3.6 percent, according to the median estimate of 15 analysts surveyed by Bloomberg.

The yield on Mexico’s benchmark peso-denominated bond due in 2024 climbed four basis points, or 0.04 percentage point, to 6.6 percent, according to data compiled by Bloomberg. The price of the security fell 0.46 centavo to 129.51 centavos per peso.

–With assistance from Adriana Lopez Caraveo and Jonathan Roeder in Mexico City. Editors: Marie-France Han, Glenn J. Kalinoski

To contact the reporter on this story: Ben Bain in Mexico City at bbain2@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net

WOW. This is a fabulous beach house! I love the floor plan!

Construction by Yucatan’s premier contractor – with an eye for detail and a history of providing excellent service before during and after the project – includes a bumper to bumper 12-month home warranty on everything! This is the builder’s 14th project in the area! Great location in Chuburna Puerto, on a private street. On the beach – high and dry! Protected by a new super deep, super strong and extra thick seawall! Great views. Walk to restaurants and stores.

The 1600 sq ft home consist of 2 bedrooms, 2.5 bathrooms, living, dining area, patios & decks and a modern new kitchen with Brazilian Cedar Cabinetry, laundry room/utility room, carport and swimming pool. 1000 sq ft of patios. 1200 sq ft roof top patio. Being built to North American standards:

“Square D” main panel, “IUSA” wire, “Tubo-Plus” plumbing, “Rotoplas” pressurized water system, Stove/Oven, Water Heater, Stationary Propane Tank, Thermo Pane windows and sliding doors, galvanized steel and/or wood doors, Mini Split air conditioners, filtered swimming pool and carport. Estimated size of home is 1,600 square feet livable.

For more info or inquiries contact Mitch at miguelsmexico@gmail.com or call (999) 9-20-68-56

http://mexintl.com/property/003208

As it has for more than 30 years, International Living magazine rated the top foreign countries for American retirees. And frankly, the economy being what it is, maybe young people looking for a big change might want to consider these too. Here are the top 14. The countries are rated in categories such as real estate prices, cost of living, culture, health care, special benefits for retirees, infrastructure, safety/stability and climate. No matter where you choose, the good news is that it’s a lot easier to go abroad today than it was even just 20 years ago. Easier to get there (and get around). Easier to keep in touch. Easier to find the goods and services you’re used to.

Follow this link to see the Top 14 retirement destinations, according to the Chicago Tribune http://www.chicagotribune.com/travel/ct-top-14-retirement-destinations-pg,0,7667080.photogallery

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