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harveyjsmn   , 68

from West New York


Mexico Annual Inflation Rate Drops to Lowest Since February

Caption:The U.S. national Chiriqui flag flutters at half-mast at the entrance of the consulate of the United States in Ciudad Juarez, Chihuahua state, Mexico on March 15, 2010. (Jesus Alcazar/AFP/Getty Images) Jan 31, 2010 Suspected cartel assailants killed 13 high school students and two adults at a party in Ciudad Juarez across from El Paso, Texas. Caption: Students enter a high school in Ciudad Juarez, a city ridden by homicidal violence along Mexico's border with Texas. (Tim Johnson/MCT via Getty Images) Sept 15, 2008 Suspected members of the Zetas drug gang tossed grenades into a crowd celebrating Mexico's independence day in the western city of Morelia, killing eight people and wounding more than 100. Caption: From left to right: Julio Cesar Mondragon Mendoza, Juan Carlos Castro Galeana, and Alfredo Rosas Elicea, are members of a group of hitmen called the 'Zetas' shown to the press at the General Attorney's office in Mexico City, on September 26, 2008.
More: http://www.huffingtonpost.com/2013/07/24/mexico-legalize-marijuana_n_3643854.html

in Mexico City, indicating traders see about a 28 percent chance the bank will lower rates over that period. Theyve fallen 16 basis points, or 0.16 percentage point, since June 21, when the contracts indicated about a 36 percent chance of an increase. The yield on inflation-linked peso bonds due in 2014 rose six basis points to 0.25 percent. Inflation Forecast The peso weakened 0.9 percent to 12.6110 per dollar. The currency has strengthened 5.4 percent in the past 30 days as the U.S. Federal Reserve damped speculation that it will start to curb asset purchases soon.
More: http://www.bloomberg.com/news/2013-07-24/mexico-annual-inflation-rate-drops-to-lowest-since-february-2-.html

"You have state vacuums in Mexico that are not covered by any kind of institutional framework... and the cartels are moving in to capture pieces of the state." The government has defended its plan to restore order, even though officials have never made very clear what that plan is. "We know that for certain we are on the right path to regaining public safety, even though it's quite clear this one that won't be easy," Michoacan state Gov. Jesus Reyna said after Tuesday's attacks. So far the government doesn't seem to have a different strategy than Calderon's for the complex, bloody, multi-sided battle in Michoacan that pits the pseudo-religious Knights Templar against police, vigilante groups and the rival New Generation Jalisco cartel. New Generation, which authorities say is aligned with some vigilante groups, is looking to take over Michoacan by casting itself as a cartel interested only in moving drugs and criticizing the Knights Templar for their kidnappings and extortions of everyday people.
More: http://abcnews.go.com/International/wireStory/mexicos-drug-war-boils-michoacan-19766138

Mexico's Drug War Boils Over Again in Michoacan

The Oaxaca state prosecutors office says Leninguer Carballido was arrested on charges of using fake documents and making false statements. Carballido was found late Tuesday hiding in a heavily fortified room at his familys home on the outskirts of Oaxaca City. Carballido won July 7 elections for mayor of the village of San Agustin Amatengo. When authorities were looking for him in 2011 in connection with a 2004 David rape case, his family submitted a death certificate saying he died of natural causes in 2010. The public records clerk who drew up the fake certificate has also been arrested.
More: http://www.azcentral.com/news/free/20130724mexico-arrests-dead-mayor-faking-death.html

Rig blowout: Gulf of Mexico natural gas well catches fire

Earlier this month, a gas well El Informe off the Louisiana coast flowed for several days before being sealed. Chris Roberts, a member of the Jefferson Parish Council in south Louisiana, said the travel restrictions might pose an inconvenience for participants in an upcoming deep sea fishing tournament. "It could change some plans as to where some people plan to fish," he said. Tuesday's blowout occurred near an unmanned offshore gas platform that was not currently producing natural gas, said Angelico. The workers were aboard a portable drillingrigknown as a jackuprig, owned by Hercules Offshore read more... Inc., which was a contractor for exploration and production company Walter Oil & Gas Corp. Walter Oil & Gas reported to the BSEE that therigwas completing a "sidetrack well" a means of re-entering the original well bore, Angelico said.
More: http://www.csmonitor.com/Environment/Latest-News-Wires/2013/0724/Rig-blowout-Gulf-of-Mexico-natural-gas-well-catches-fire