Project Mexico auction planned for Wednesday
Project Mexico will be holding its annual auction tomorrow, from 4 p.m. to 8 p.m. in McGuire Hall, with all proceeds going to fund the Project Mexico team’s trip to Tijuana in January. The goal for the team is to go and serve communities in Mexico, but also to bring the spirit of Mexico back with them.
With 240 items this year, Project Mexico is auctioning off the largest amount of items ever. Items students have come to expect at the auction such as a car raffle and puppy will be there, as well as a high number of services being auctioned along with other new items.
According to tradition, raffle tickets for a car are being sold in Boulder all week before the auction, and an eight week old beagle puppy is being sold. Other traditional prizes being auctioned off include tickets to Ravens and Orioles games, a parking space in Jenkins parking lot, weeklong stays in various vacation homes and numerous services offered by faculty such as home cooked meals.
More: loyolagreyhound.com
Company says Mexico to allow pipeline for Arizona refinery
The Mexican government will permit construction and operation of a pipeline to deliver crude oil to a proposed new Arizona gasoline refinery that would be the first such project built in the United States in nearly 30 years, the company behind the project said Tuesday.
Arizona Clean Fuels Yuma said it has reached an understanding with a Mexican ministry, the Secretariat of Energy of Mexico, regarding the pipeline, an offloading facility for tanker ships and a tank farm for temporary storage of oil.
David Traenor, a spokesman for Scottsdale-based Arizona Clean Fuels, called
Mexico 28-day yield seen rising at weekly auction
The yield on Mexicos benchmark one-month T-bills was expected to rise on Tuesday as investors rattled by recent peso volatility struggled to predict the U.S. Federal Reserves next monetary policy move.
Yields on three- and six-month T-bills, or Cetes, were also seen rising, but the yield on the governments 10-year peso bond was expected to change little from the last time it was auctioned on Aug. 15. according to a Reuters poll.
Following is a table comparing previous rates at the central banks primary auction with expectations for this weeks sale and the expected change
Mexico T-bill yields seen flat at weekly auction
The yield on Mexicos benchmark one-month T-bills, or Cetes, was expected to remain flat on Tuesday as investors expect the central bank to hold interest rates steady at a meeting this week.
Yields on three- and six-month Cetes were also expected to be nearly unchanged while the 5-year bond yield was expected to decline at the central banks weekly auction, according to a Reuters poll.
Mexicos central bank is seen keeping rates untouched when it meets on Friday, although some analysts believe it will resume cutting rates later in the year.
More : today.reuters.com
Mexico pig manure project enters Kyoto pollution scheme
A scheme to cut greenhouse gas emissions from pig manure has become Mexico's first project to win approval under the Kyoto Protocol rules on investing in poor countries, the project's developer said on Tuesday.
The scheme, which covers 23 farms, has gained United Nations registration under Kyoto's Clean Development Mechanism (CDM), said Ireland-based AgCert International in a statement.
"We are delighted to be the first company to have a CDM project registered in Mexico and we will now be moving toward certification as soon as possible," said AgCert's chief executive officer Bill Haskell.
Registration of
(PZ) Bienvenidos! Delta Welcomes Customers to Mexico with 12 New Routes Planned by June
Schools retain teachers better, but face crunch
Chicago public schools have cut their new-teacher dropout rate in half over the past six years, but face an even greater challenge in the next few years as droves of Baby Boomers reach retirement age and must be replaced, Chicago Schools CEO Arne Duncan said Wednesday.
State's college funding down, study says
Illinois and four other states appropriated less money in their budgets for higher education this year or kept funding levels static, according to a new report, but the Blagojevich administration said
It would seem to be a perfect time to invest in a new refinery.
With gas prices flirting with the $70-a-barrel mark and the nation's refining capacity strained, refiners are raking in huge profits. Further highlighting the need for more capacity are hurricanes that have battered and disrupted Gulf Coast refinery production this month.
A local group, Arizona Clean Fuels, is seeking to build the nation's first new refinery in three decades. After securing an air-quality permit this spring for a 150,000-barrel-a-day refinery, the group is courting investors to fund the $2.5 billion project, planned at an old citrus grove 40
Mexico Min To Skip Mercosur Summit; Seeks Membership-Envoy
Mexico's foreign minister will not attend this week's summit of Mercosur nations as originally planned, although the nation remains interested in gaining an associate membership in South America's main trade block, the Mexican ambassador said Wednesday.
"Minister (Luis Ernesto) Derbez has an important meeting about Central American integration at the same time," Mexico's ambassador to Uruguay, Perla Carvahlo, told Dow Jones Newswires. Derbez said at a news conference on Nov. 24 that he planned to attend this week's Mercosur meeting in Montevideo.
Asked if Derbez's absence signals a waning of Mexican interest
Mexico 28-day T-bill yield tumbles to 8.14 percent
The yield on Mexico's benchmark 28-day Cetes, or T-bills, tumbled 28 basis points to 8.14 percent on Tuesday as markets reacted to a sharp central bank interest rate cut last week aimed at boosting growth.
Longer-term rates also fell at the central bank auction.
The yield on 91-day Cetes dropped to 8.12 percent from 8.38 at last week's auction, while the 175-day yield fell to 8.13 percent from 8.34 percent.
Further along the yield curve, the 5-year peso-denominated bond fell to 7.88 percent from 8.36 percent when it was last auctioned on Nov. 15.
The market
Canplats to Acquire New Gold Project in Mexico
Canplats Resources Corporation (TSX VENTURE:CPQ) is pleased to report that the company is assembling extensive properties in the Mecatona gold-silver district in the state of Chihuahua, Mexico approximately 20 kilometers south of Parral. The properties cover the principal veins of the district where historic mining activities focused on gold-silver production from epithermal veins measuring from one to five meters in thickness.
The Mecatona district covers three trends: two northeast-trending fault systems, which extend for up to 1.2 kilometers, and one northwest-trending shear zone mapped over 600 meters. These faults dip toward each other and
Mexico approves crude pipe for planned US refinery
Mexico has given an Arizona company permission to build and own a pipeline that would carry Mexican crude to a planned refinery north of the border, which if built, would be the first new U.S. refinery in nearly 30 years.
The move is unusual as Mexico's constitution has banned foreign firms from upstream oil and gas activities since 1938.
The group, Arizona Clean Fuels Yuma, plans to buy Mexican Heavy Maya crude in southern Mexico, load it onto boats, and then ship it to the mouth of the proposed 250-mile (400 km) pipeline
