Friday, August 21, 2009

Economic News That's Not Horrible

Crisis or no, some investments are rolling into Mexico: GM recently announced a plan to sink $300 million into San Luis Potosí (which will generate 600 jobs), while Coca-Cola made public plans to invest more than $5 billion over the next five years.

Update: Another example: Thanks to favorable forecasts from Banxico, the peso today hit its best level of the year.

2 comments:

Paul Roberts said...

Well, the Coca Cola investment should help push up the obesity figures and the growing diabetes epidemic

pc said...

Actually I think the investment centers around the juice line Jugos del valle. Surely not the healthiest stuff in the world, but better than cola.