Top Ten Business Risks for 2010

2010 will offer plenty of reasons to stay awake at night, according to a new survey by the Corporate Executive Board (CEB).
http://www.cfo.com/article.cfm/14467748?f=home_featured


FINANCE AND ACCOUNTING

SEC to require disclosure of climate change risks
The SEC has voted to make clear when companies must provide information about the business risks associated with climate change.
http://compliancex.typepad.com/compliancex/2010/01/sec-to-require-disclosure-of-climate-change-risks.html

As Internal Audit Staffs Shrink, Will Fraud Rise?
A new study finds that compliance staffs haven't escaped layoffs, leaving companies more exposed to risk.
http://cfo.com/article.cfm/14461787/c_14461841?f=home_todayinfinance

Governments to Share More Transfer Pricing Data
A new report predicts that tax authorities will continue to closely scrutinize intercompany transactions across national borders. http://www.webcpa.com/news/Governments-Share-More-Transfer-Pricing-Data-53113-1.html?zkPrintable=true


GLOBAL ECONOMY

Major rumors about Greek sovereign default
In Brussels the question about Greece has turned from “Are we willing to bail out this country?” to “How do we do it?”
http://www.economist.com/blogs/charlemagne/2010/01/greek_bailout_within_months

World's Friendliest Countries
These nations are the most hospitable to expatriates, according to a new report.
http://www.forbes.com/2009/11/30/worlds-friendliest-countries-lifestyle-travel-canada-bahrain-hsbc-chart.html

CFO Optimism Increased in Fourth Quarter
CFOs were more optimistic about the economy and their own companies in the fourth quarter of last year.
http://www.webcpa.com/news/CFO-Optimism-Increased-in-Fourth-Quarter-53127-1.html?zkPrintable=true


MEXICO AND LATIN AMERICA

Mexico sees record drop in remittances
Money sent home by Mexicans plunged a record 15.7% in 2009 as migrants struggled to find work during the global economic slowdown.
http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2010/01/27/financial/f121046S42.DTL

Mexican economy falls by 6.8 percent in 2009
The Mexican government says the economy shrank by 6.8 percent in 2009, the worst decline since the 1930’s.
http://www.cnbc.com/id/35155026

Ascendant Brazil seeks Latin American pre-eminence
Brazil is gaining ascendancy in Latin America faster than anticipated by its neighbors and is poised to claim its pre-eminence on the continent.
http://www.upi.com/Top_News/Special/2010/01/29/Ascendant-Brazil-seeks-Latin-American-pre-eminence/UPI-27571264784201/

Forget Viagra - Pork is the ticket to a hot sex life
Argentina's president recommended pork as an alternative to Viagra, saying she had a satisfying weekend with her husband after eating it.
http://www.nydailynews.com/lifestyle/2010/01/29/2010-01-29_forget_viagra__pork_is_the_ticket_to_a_hot_sex_life_says_argentinas_president_cr.html


OTHER

Movies That Should Die With The Decade
Ever slap down $10 for a film so foul you choked on the popcorn? It's time for payback. Here are the worst offenders of the past 10 years.
http://www.npr.org/templates/story/story.php?storyId=121951704&sc=nl&cc=progserv-20091230

Priest checks fingerprints for mass attendance
A Polish priest installed an electronic reader in his church in order to monitor attendance at mass.
http://www.reuters.com/article/idUSTRE60S4J120100129


KEY MEXICO STATISTICS
Jan-10 / Dec-09 / Nov-09

Exchange Rate: MXN to USD
12.9975 / 13.0437 / 12.9139
Exchange Rate: MXN to EUR
18.1682 / 18.8136 / 19.4175
Exchange Rate: MXN to CAD
12.2324 / 12.4813 / 12.2175
Country Risk (basis points)
184 / 166 / 179
Bolsa (IPC BMV)
30,391.61 / 32,120.47 / 30,957.11
Cetes 28d
4.48% / 4.51% / 4.49%
Inflation (INPC, annual variation)
n.a. / 3.57% / 3.86%
UDIs
4.364958 / 4.340166 / 4.316933
International Reserves (Millions USD)
91,187.5 / 90,837.8 / 81,645.9
Source: Mexico Central Bank


OPPORTUNITIES

Historic house for sale in the State of Guanajuato.
30 minutes from Dolores Hidalgo. 3 hours from Mexico City. Excellent location for business. 300 m2. Sold by owner.
http://www.nuricumbo.com/files/Casa_en_San_Diego_de_la_Uni_n.pdf

Horizon Language Institute
Situated in Montreal, this school offers a wide variety of language courses and unique programs tailored to your professional needs.
http://www.horizoninstitute.ca/en/

Risk Reward Limited
Risk Reward provides independent risk management consultancy for banks and financial institutions worldwide.
http://www.riskrewardlimited.com/