Wednesday, May 22, 2013 9:26 PM PDT

Mexico

Often called "the fifth BRIC nation", Mexico is a major emerging economy. But the country is also plagued by rampant criminal organizations. The deadly fighting between government forces and the heavily armed gangsters of the drug cartels is growing dimensions like a civil war.

Headlines Around the Web

US crackdown on Citi laundering flaws

Mar 26 - Financial Times

Articles About Mexico

U.S. Justice Department tells lawmakers no bank is too big to jail

By Reuters UK

A Justice Department official insisted on Wednesday that no financial company is too big to jail, in the department's latest effort to backpedal from statements made in March by Attorney General Eric Holder. (4:00 pm)

MORE TOPICS: HSBC, HOUSE OF REPRESENTATIVES, ATTORNEY GENERAL

Cabin crew share tips on getting into first class for free (Wiki Commons)
Teenage Girls, Low-Cut Tops, Bad Manners: How Not to Get a Flight Upgrade

By IBTimes UK

Survey explores reasons why some people get upgraded on flights, while others aren't so lucky. (6:23 am)

Analysis: U.S. food labels seen heating up North America meat war

By Reuters

The United States is poised to introduce stricter rules on the labeling of meat imports this week, a move that is likely to heat up a simmering trade dispute with Canada and Mexico. (May 21)

MORE TOPICS: WTO, RETAIL, LAWYER

Philip Morris to buy out Carlos Slim's stake in Mexican JV

By Reuters UK

Marlboro maker Philip Morris International Inc <PM.N> said it will buy out billionaire Carlos Slim's Grupo Carso <GCARSOA1.MX> from their Mexican joint venture for about $700 million (462 million pounds). (May 21)

MORE TOPICS: NEW YORK

Obama to meet with China's Xi in California June 7-8

By Reuters UK

President Barack Obama and Chinese President Xi Jinping will hold their first meeting since Xi became president in March when they sit down for a June 7-8 summit in Rancho Mirage, California, the White House announced on Monday. (May 21)

MORE TOPICS: CHINA, BARACK OBAMA, CALIFORNIA, NUCLEAR WEAPONS, WHITE HOUSE, MANAGEMENT

Starving Irish families flee ravages of potato famine 1846-1851
Mexico Blamed as Irish Potato Famine Bacteria Exposed for First Time

By IBTimes UK

Herb-1 bacteria ravaged country after arriving from Mexico. (May 21)

Mexican opposition dispute goes public, threatening reforms

By Reuters UK

Divisions within Mexico's main conservative opposition party have erupted into a bitter public dispute that threatens to undermine the reform agenda of President Enrique Pena Nieto. (May 20)

MORE TOPICS: TWITTER, ELECTIONS, TELECOMS, CONGRESS

Plaintiffs in Mexico Yahoo case say will appeal court ruling

By Reuters

Two Mexican firms embroiled in a contractual dispute with Yahoo Inc will appeal a court ruling that overturned an earlier $2.75 billion judgment in their favor, a director of the companies said on Friday. (May 17)

MORE TOPICS: COURT

Payout official set for surge in BP spill claims

By Reuters

The deadline for claims against BP Plc <BP.L> in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims said on Thursday he is already bracing for a late surge in filings. (May 17)

MORE TOPICS: COURT, BP PLC, OIL SPILL, SETTLEMENT

Petrofac makes a good start to the year
Petrofac Expects Modest Growth as Algeria Gas Revival Deferred

By IBTimes UK

The company's order backlog has risen to an all time high of $12.1bn as of 30, April. (May 17)

MORE TOPICS: MANAGEMENT, ALGERIA, LONDON

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