Blog

Independent consultant. Audit. Finance. Tax. Risk.

domingo, 6 de noviembre de 2011

Greece and the Future of the Euro

Greece and the Future of the Euro
Under the current circumstances, it is not crazy to think that the Greek crisis will have an impact on the very existence of the Euro in the mid-term.

GLOBAL ECONOMY

MF Global is First Big US Victim of Europe Crisis
The European debt crisis has claimed its first big casualty on Wall Street, a securities firm run by former New Jersey Governor Jon Corzine.

What Large Corporations Think About The World Economy
Earnings press releases and conference call transcripts reveal some insights into the state of the world economy.


FINANCE AND ACCOUNTING

Shhh! Don’t Name That Auditor
Do you know who audits the books of the companies in which you invest?

Seven Principles for Avoiding Bankruptcy
A turnaround expert lays out the basics necessary for a CFO to keep a company afloat.


MEXICO AND LATIN AMERICA

Buying Dollars in Argentina Just Got a Lot Tougher
Argentina has launched a new crackdown on capital flight, tax evasion and money laundering, scrutinizing all foreign currency purchases.

Brazil Energy Boom Spurs USD $1 Billion in Deals
Brazil's energy boom is generating contracts worth hundreds of millions of dollars, the latest worth more than $1 billion going to multinationals GE and Teledyne.

Rebound in Mexican Factories Could Mean Jobs for the U.S.
As Chinese salaries rise and trade tensions deepen, factories along the border are set to benefit.

Interested in doing business in Mexico? Then you should watch this.
http://www.youtube.com/watch?v=hKhsa_xP93A


"To be happy at home is the ultimate result of all ambition."
- Samuel Johnson


KEY MEXICO STATISTICS 2011
(Source: Mexico Central Bank)

OCTOBER / SEPTEMBER / AUGUST

Exchange Rate: MXN to USD
13.4645 / 12.9754 / 12.2056

Exchange Rate: MXN to EUR
18.4404 / 18.5353 / 17.8317

Exchange Rate: MXN to CAD
13.2026 / 13.2191 / 12.6841

Exchange Rate: MXN to GBP
21.1450 / 21.4746 / 20.1482

Country Risk (basis points)
175 / 246 / 177

Bolsa (IPC BMV)
36,160 / 33,503 / 35,721

Cetes 28d
4.38% / 4.34% / 4.11%

Inflation
3.14% / 3.42% / 3.55%

UDIs
4.609457 / 4.589563 / 4.583945

International Reserves (M USD)
140,487 / 136,454 / 136,820


OTHER TOPICS

OFUNAM – 65 Aniversario del Instituto Nacional de Cancerología
José Guadalupe Flores, director huésped. Obertura Las Hébridas de Mendelssohn, Bolero de Ravel, Sobre las Olas de J. Rosas y Huapango de Moncayo. Viernes 25 de Noviembre en la Sala Nezahualcóyotl. UNAM. Ciudad de México.

The Top 25 Philanthropists
Read on to see the list of the Top 25 Richest Millionaires & Billionaires giving away their money to make this world a better place.

All You Ever Wanted to Know About the Groupon IPO
Here’s a breakdown of the most important numbers surrounding this highly anticipated IPO.
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