MEXICO

A European Union flag is seen in front of the Parthenon temple in Athens

Euro Zone Decision on Bailout Funds' Size Likely to be Delayed

Leaders in the euro zone may not be able to meet international demands to bolster their own funds for bailing out the bloc's debtors when they meet next week because Germany is showing no sign of dropping its opposition to the plan, officials in the euro zone said.

U.S. Should Lead Some Global Bodies: World Bank Chief

U.S. Secretary of State Hillary Clinton and World Bank President Robert Zoelick take part in a ceremony marking World Water Day at World Bank Headquarters in Washington, March 22, 2011.
A solid U.S. candidate to head the World Bank would be good for the United States and the bank because the world's largest economy should be represented in top international bodies, outgoing President Robert Zoellick said on Saturday, while emphasizing he has no role in the selection process.

G-20 Deal on Euro Zone Will Not be Reached This Weekend

Secretary-General of the Organization for Economic Cooperation and Development (OECD) Angel Gurria (L) speaks next to Mexican Finance Minister Jose Antonio Meade, on the sidelines of the meeting of finance ministers and central bank governors of the group
World economic powers at a Group of 20 gathering in Mexico City told Europe on Friday it would have to do more to fight its financial crisis before they agree to provide backup in the form of a bigger International Monetary Fund war chest.
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Tuan Anh Nguyen, 45, injects a syringe filled with heroin in his rented room in Hanoi. Researchers at Mexico's National Institute of Psychiatry say they have successfully tested a heroin vaccine on mice and are preparing to test it on humans.

Mexican Researchers Patent Heroin Vaccine

While Mexico grapples with relentless drug-related violence, a group of Mexican scientists is working on a vaccine that could reduce addiction to one of the world's most notorious narcotics: heroin.
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Fiat may shut two Italian plants if U.S. plans fail

Italian carmaker Fiat may have to close two of its loss-making five domestic plants if plans to export to the growing U.S. market don't materialize, its Chief Executive Sergio Marchionne said on Friday.
The World Gold Council remains constructive on gold prices despite diminished chances of QE3

Alamos Gold's 4Q up 16% on Higher Prices

Canadian miner Alamos Gold reported a 16 percent rise in fourth-quarter profit, helped mainly by robust gold prices, and raised its semi-annual dividend by 43 percent.
Treasury Undersecretary for International Affairs Lael Brainard testifies at a House Financial Services Committee hearing on financial regulatory reform on Capitol Hill in Washington

Treasury Says Europe Needs Solid Debt Firewall

It is critical that Europe put up a convincing firewall against the risk of financial contagion from its debt crisis before more aid from the International Monetary Fund is discussed, a top Treasury Department official said on Wednesday.
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Mazda eyes $2 billion share offering

Mazda Motor Corp <7261.T> is looking to raise up to $2 billion in a bigger-than-expected public share offering, a regulatory filing showed on Wednesday, which would cause a massive 69 percent dilution of its existing shares.
Clinton Wears Green

Hillary Clinton Wears Green in G20 'Family Photo' While Others Sport White: Did She Miss The Memo?

In a strange mix-up, Hillary Clinton stuck out at a meeting of the G20 foreign affairs ministers in Los Cabos, Mexico this week. While the 30 other foreign secretaries and ministers wore crisp white shirts, Clinton stuck out sporting a lime green blouse. The informal meeting marked the first time the G20 Ministers of Foreign Affairs assembled together. The G20 members gathered in Mexico to discuss among other issues food security, sustainable development and the growing international economy.
EU and IMF

EU to Ask G20 to Back Increased IMF Funds

European Union leaders will call at a summit next week for the world's 20 biggest economies (G20) to agree in April to substantially boost funds available to the International Monetary Fund, draft conclusions of the meeting showed.
Mexico Prison Riot Zeta suspected

Mexican Prison Boss Aided 44 Dead Jail Massacre

In what first appeared to be prison brawl between criminal gangs, the Zetas stabbed, cut the throats and bludgeoned to death at least 44 inmates affiliated with the rival Gulf Cartel on Sunday, said Governor Rodrigo Medina of Nuevo Leon state.
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Mazda to raise $2 bln in share issue, loans: sources

Japan's Mazda Motor Corp plans to raise $2.1 billion to shore up its finances and invest in a new plant in Mexico, financial sources said on Tuesday -- a bigger-than-expected dilutive fundraising that sent its shares tumbling 10 percent.

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