Saturday

The close of the G20


After 2 days of conferences ( on the 18th and 19th June 2012), the G20 finally closed its doors. Every head of government went back home.

The heads of government at Los Cabos, Mexico, June 2012
According to the official report of the G20, regarding the Europe has to continue its efforts to save its economy and that to define limits to the financial system:  “The Euro Area members of the G20 will take all necessary measures to safeguard the integrity and stability of the area improve the functioning of financial markets and break the feedback loop between sovereigns and banks.” (http://www.g20.org).

The main 6 points highlighted during the G20 regarding the Growth and jobs are the following:
  1.      “Advanced economies will ensure their fiscal finances are on a sustainable track.”
  2.       The efforts to rebalance global demand will be intensified through different levers.
  3.      Structural reforms “to boost the increase and sustain global demand, foster job creation” and finally, to “contribute to global rebalancing and increase the growth potential of the G-20 countries.”
  4.    Need to implement financial reforms in order to make the financial system more trustable, stable, and resilient to support the economic growth.     
  5.      The promotion of the open trade and the resistance against the protectionism.
  6.   Member countries affirm their willing and commitment on actions to maximize growth potential and economic resilience in developing countries.


This information seems to be the continuity of the former G-20. Nothing very fresh.

At least, even if the G-20 does not have brought new solutions on the table, the positive aspect is that Mexico has established its role and place in the Big league!

American-development and canada2playa  wish you a good week-end!

Tuesday

The Dragon Mart in Cancun


Last week a huge fair took place in Cancun. It dealt with the project of building a dragon Mart in the city. A few cities in the world already have one:  Dubaï got its own one in 2004. It seems to be a total success!

Dragon Mart in Dubaï

The project is born last year in 2011. China has aspired to invest into the great Mexican potential since the country economy has shown growth in order to get important return on investments.  They plan to invest 1.54 billion US dollars to build the Cancun Dragon Mart. China will retain 40% of stake in this project and Mexico and the US government will share the last 60% - 30% for each of them. 235,000 squares meters will be the size of the building! Warehouses, shops and residential communities for the Chinese builders and sellers will be present.
Project of the Dragon Mart in Cancun

Normally, as the project has already suffered from a few delays in the decision process, the foundation stone will be laid on the fall of 2012. 5 to 7 years will be necessary to see the project through to completion.
American-Development and Canada2Playa meet you in fall in Cancun!

Monday

G20 has started today in Mexico!!


President Calderon at the G20 in Los Cabos

For the first time, G20 takes place in a Latin American country, whereas the growth of the region outpaces the growth of many developed countries. Mexico welcomes this 2 days conference in Los Cabos, in Baja-California. This year, the Latin America countries are well represented: Mexican President Filipe Calderon invited Chile and Columbia to participate in the G20 along the following countries: Brazil, Mexico and Argentina.

The main subject being discussed during these2 days is obviously the euro zone crisis. Yet, Mexico and Brazil wish to start a dialogue with the International Monetary Fund in order to establish the new economical importance of Latin America countries.

Moreover, for Mexico, the G20 is a huge deal. It shows the world the recent importance of the country among the decision-maker leaders. Mexico aspires to be an active actor and no longer a simple observer. Mexico belongs to the Big. For instance, the New York time pinpointed the Mexican GDP was growing faster than the heavy-weight Brazil’s one.

Finally, Mexico through this summit will have the possibility to make its recent membership to the Trans-Pacific Partnership concrete and known among the Big. The TPP is a free-trade partnership between America and Asia. So far, 10 countries are in: United States, New Zealand, Australia, Brunei, Chile, Malaysia, Peru, Singapore, Vietnam and Mexico. The 9 founders represent 36 percent of total goods trade and 47 percent of total services trade worldwide. 

Spring will be here soon for these countries!

American-development and Canada2playa keep you updated!

Tuesday

One million of tourists for next summer in the Riviera Maya!


Vacations

 Quintana-Roo state has been enjoying wonderful days for years as the Riviera Maya has been elected as THE Saint Tropez of Latin America by the tourists.

Every year, this region witnesses an increase of its numbers of visitors. The region abounds of treasures worth to discover: the 28ºCelsius pristine water, the immaculate white sand, the wonderful jungle and the gripping Mayan ruins! Visitors also come to appreciate the succulent typical Mexican food. And the partying guys also make a night of nocturne life. (We have some tips if you are interested! Do not hesitate to ask us).

This positive trend keeps going: Governor of Quintana-Roo Roberto Borge Angulo has announced that 1 million of tourists were expecting this coming summer in the state. Moreover, the hotels occupancy rate has been estimated around 90 %.

Playa Del Carmen
This news is the result of the concentration of marketing efforts during months regarding the defense of Mexico’s image and statute as a touristic country on a national and international level.

The prognostics about the repartition are the following: the region will welcome around 60% of national tourists and about 40% of foreigners. The foreigners will come mainly from the United States and Canada.

Juan Carlos González Fernández, State Tourism Secretary, quite rightly esteems that Quintana-Roo is ready to welcome tourists with the “first world class and facilities”.

American development and Canada2playa entirely agree with Mr. González Fernández.

Friday

The first arms transplant in Mexico: A success!


DR. Iglesias and Patient Granados

Technology and science make miracles possible! After years of research, analyses and tests, Mexican surgeons performed an incredible surgery last month!

Gabriel Granados, 52 years old, father of 2 children, lost his both arms at work where he got electrocuted in January 2011. He was the first one in all the medical Latin America history to receive an arm transplant.

The surgery was performed by Surgeon Martin Iglesias at the Instituto Nacional de Ciencias Medicas y Nutricion Salador Zubiran, Mexico City, in May 2012. After hours of surgery, the lucky patient woke up with 2 arms!

This surgery was the first one realized in the whole Latin America. It is a full success!!! Something simply incredible. This success of the surgery opens many doors for the future and will hope to the numerous mutilated persons.

We must not forget that this surgery was possible, on one hand, thanks to the doctors and the technology, but also thanks to the family who agreed to offer the limbs of their passed away family member. Without this generous act, Mr. Granados would not be able to hold his children again.

American-development encourages everyone to consider the organs donations and to talk about it with one’s family.

American development salutes the generous family, the amazing work of Dr. Iglesias, and wishes a wonderful new life to Gabriel.

1st of June: Official Start for the Hurricane Season


2005-Wilma Over Cozumel island

Here it is!!! The month of June has arrived!! And with it, the hurricane season!

Every year the hurricane season starts on the 1st of June until the end of October! (This year was an exception as the hurricane season was brought forward on the 13th of May 2012- cf: hurricane season brought forward! ). What does it mean? It simply means that tropical storms and hurricanes may appear!!

For this season, 9 to 12 hurricanes have been forecast in the Caribbean region. And each of them has a little name, isn’t that cool??!! Here are some of them: the first one coming this year is called Chris, the second one Debby, and the following ones are Ernesto, Florence, Gordon, Helene, Isaac, Joyce, Kirk…

Since 2000, the hurricanes starting with “I” have been particularly strong and destructive for the Caribbean Islands. For Mexico, the letter “W” has been a bad omen. I let you remember Wilma in 2005… The biggest, largest and longest hurricane ever recorded in the Atlantic!

According to the National Oceanic and Atmospheric Administration, Wilma was the 22nd storm, the 12th hurricane and the 6th major hurricane and the 3rd Category 5 hurricane of the year 2005! Its width was almost covering the whole Caribbean Sea! Plus, a hurricane usually stays a few hours in a same place before moving forward. Wilma stayed THREE ENTIRE DAYS in Cozumel’s island (located in front of Playa Del Carmen)!!! Can you imagine?? THREE ENTIRE DAYS!!!! Time should have been long during this hurricane!

Even if 2012 should be calmer than 2005 according to the scientific forecasts, stay alert and be prepared!

American-development is here to advice you!