IN FOCUS

The Emergence of the Triple Bottom Line
Companies will come under pressure to assess their actions on a "triple bottom line" that considers people, the planet, and profits.
http://www.sustainablebusiness.com/index.cfm/go/news.display/id/19889?utm_source=feedburner


FINANCE AND ACCOUNTING

The New Role of Internal Audit
Many organizations are finding a whole new value for internal audit they have never seen before.
http://www.webcpa.com/news/What-Now-for-Internal-Audit-53525-1.html?zkPrintable=true

Guidance targets money laundering, terrorist financing
New guidance intends to help financial institutions to better understand money laundering and terrorist financing risks.
http://www.journalofaccountancy.com/Web/20102680.htm

More executives in the U.S. want IFRS
About half of U.S. executives would like to be able to move to international accounting standards sooner.
http://www.reuters.com/article/idUSN0919332520100309

10 basic questions about internal controls
This 10-question quiz will test a CPA's knowledge of concepts at the core of an effective system of internal controls.
http://www.journalofaccountancy.com/Issues/2010/Mar/20092240.htm


GLOBAL ECONOMY

Governments Increase all sort of taxes to fill budget gaps
Taxpayers from California to Copenhagen should brace for more “hidden taxes” — new charges on services once provided for free.
http://www.nytimes.com/2010/03/18/business/global/18tax.html?adxnnl=1&adxnnlx=1268913694-b//rDhA2Gq8kH4NxNkRdAQ

Oil Production May Peak by 2014 – Earlier than Estimated
In a surprising announcement, Kuwait University released a study that suggests that world conventional crude oil will peak as early as 2014 — a decade or three earlier than other parties have estimated.
http://2greenenergy.com/startling-new-research/2893/

Intel, Toyota, Samsung increase their investments in Vietnam
Vietnam hosts Southeast Asian leaders this week, shining a spotlight on the country’s political and economic stability.
http://www.bloomberg.com/apps/news?pid=20601109&sid=aORtHK_b7KkM&pos=15

Canadian economy steaming ahead of other G7 countries
Canada's economy is blowing its G7 peers out of the water in terms of speed and strength of economic recovery, says the OECD.
http://ca.news.yahoo.com/s/capress/100407/business/economy_19


MEXICO AND LATIN AMERICA

Wachovia charged with violating anti-money laundering law
Authorities filed charges alleging the bank failed to block Mexican currency exchange firms from laundering $110M in drug proceeds.
http://www.miamiherald.com/2010/03/17/1534001/feds-charge-wachovia-with-violating.html

Mexico offers lowest cost to do business, according to survey
Mexico maintains top position as the most affordable country in which to do business in the KPMG Competitive Alternatives 2010 survey.
http://www.competitivealternatives.com/highlights/international.aspx

Sinopec Group Completes $1.3 Billion Brazil Pipeline
China’s second-biggest energy producer completed a USD $1.3B natural-gas pipeline in Brazil before a visit by President Hu Jintao.
http://www.bloomberg.com/apps/news?sid=a_uYZACyTxfg&pid=20601087


OTHER

Wal-Mart tops brand-value survey
Wal-mart topped the list of the most valuable retail brands in the U.S., followed by Target and Best Buy.
http://www.brandweek.com/bw/content_display/news-and-features/direct/e3if3d775aa9c43698eb98617ae58d04b1c

In a Test of Sales Savvy, Selling a Red Brick on YouTube
OgilvyOne seeks the world’s greatest salesperson in a YouTube contest to best market an ordinary red brick.
http://www.nytimes.com/2010/03/29/business/media/29adco.html?8ad&emc=seia

The Aging Brain Is Less Quick, But More Shrewd
As we age, our brain's reaction time slows and our ability to multitask diminishes, but it also enhances the ability to reason and empathize.
http://www.npr.org/templates/story/story.php?storyId=124118077&sc=nl&cc=es-20100328



KEY MEXICO STATISTICS
Mar-10 / Feb-10 / Jan-10

Exchange Rate: MXN to USD
12.5939 / 12.9547 / 12.8047
Exchange Rate: MXN to EUR
16.6155 / 17.3587 / 18.1682
Exchange Rate: MXN to CAD
12.1124 / 12.1227 / 12.2324
Country Risk (basis points)
116 / 167 / 184
Bolsa (IPC BMV)
33,266.43 / 31,634.54 / 30,391.61
Cetes 28d
4.46% / 4.55% / 4.48%
Inflation (INPC, annual variation)
5.06% / 4.76% / 4.46%
UDIs
4.439870 / 4.410955 / 4.364958
International Reserves (Millions USD)
94,918 / 93,750 / 91,187
(Source: Mexico Central Bank)


OPPORTUNITIES

¿Eres exalumno de la Facultad de Contaduría de la UNAM?
¿O conoces a alguno? Únete a la Red de Egresados de la FCA UNAM. Te invitamos a nuestro grupo en Facebook. SEFCA UNAM.
http://www.facebook.com/group.php?gid=109041185781920

¿Piensas que tu empresa podría exportar al mercado británico?
Si es así, el Comité Empresarial México-Reino Unido del COMCE está listo para apoyar tu proyecto. ¡Contáctanos!
http://www.facebook.com/group.php?v=info&gid=105059679528077

Properties for sale in the state of Chiapas, Mexico
Excellent investment opportunities. One ranch of 90 hectares and a warehouse in the city of Tonala. Public deeds current. Sold by owner.
http://www.nuricumbo.com/files/Investment_Opportunity_in_Chiapas.pdf