According to the Wall Street Journal, Wal-Mart now accounts for half of all retail sales in Mexico. Wal-Mart de Mexico reported net sales in 2005 of $164.3 billion pesos (or $15.4 billion U.S. dollars). The American retailer has expanded to several countries, and its success in Mexico has encouraged it to seek out other developing […]
Former Mexican President Vicente Fox spoke on a wide range of issues at Southern Methodist University (SMU) in Dallas last week. Addressing his disapproval of the U.S. plan to construct a wall along the U.S.-Mexico border, Fox took an historical approach, saying that walls “didn't work” in Berlin and China. In addition to immigration […]
President Bush is embarking on a trip to Mexico, Brazil, Guatemala, Uruguay, and Colombia in an effort to re-engage the region. The visit comes on the heels of newly announced aid to Latin America, but many in the region have concerns about U.S. policy and the direction of U.S.-Latin American relations. Protesters in Brazil, the President's […]