|The CCN Mexico Report™ is a monthly newsletter with coverage of Mexican political, business and legal topics from Cacheaux, Cavazos & Newton (CCN). Subscriptions to the CCN Mexico Report™ are free. The CCN Mexico Report™ features exclusive commentaries and views from CCN’s attorneys and professionals in both English and Spanish. CCN is an international law firm with offices in Texas and Mexico dedicated to serving clients doing business in the NAFTA region.|
The following are economic indicators as of October 29, 2014:
Peso/Dollar Exchange Rate: $13.4239 pesos per dollar.
Mexican Stock Exchange: The Mexican Stock Exchange (BMV) closed at 44,238.94 points.
Interest Rates: The Average Interbank Interest Rate (TIIE) for a 28-day period was at 3.2762%.
- Recent Jurisprudence – Trademarks. Foreign Language, by Adrián Salgado Recently, the Full Session on Administrative Matters of the First Circuit of the Supreme Court of Justice of the Nation approved legal opinion number PC.I.A. J/23 A (10a), titled: “Trademarks. The Mexican Institute of Industrial Property has the authority to translate words in a foreign language that are submitted for registration in order to determine their viability... [Read More]
- LEGAL UPDATE The Proposed Energy Presidential Rulings, by José María Lujambio I. Article 89, section I of the Mexican Constitution confers upon the President of the Republic of Mexico the power to provide, in the administrative area, for the compliance with laws. Such relates to the regulatory authority of the Federal Executive, which encompasses not only the issuance of rulings (reglamentos) but also of decrees, resolutions, orders and other regulatory... [Read More]
Business & Politics OutlookPolitical Thermometer Mexico’s political parties are gearing up for the 2015 elections, which will result in a change of governor for nine states, including Baja California Sur, Michoacán, Campeche, Nuevo León, Querétaro, San Luis Potosí, Colima, Guerrero and Sonora, and a total renewal of the House of Representatives, which is comprised of 500 members. The mid-term elections will also result in the renewal of state legislatures in 17... [Read More]
- 300 Words, by Dr. Mario Melgar-Adalid Unfortunate Events in Guerrero Demand Justice The serious recent events in the state of Guerrero have held the attention of the entire country and have led to repercussions abroad. The state of Guerrero is known for its tourism industry and is the home of tourist destinations such as Acapulco, Ixtapa and the colonial city of Taxco. The New York Times, in the United States, and El Pais, in Spain... [Read More]