Slim's America Movil to get big push from Brazil‎

[Jose]

Reuters - Apr 25, 2012
... April 25 (Reuters) - Cell phone company America Movil, the jewel
in the crown of Mexican tycoon Carlos Slim's empire, is set to post a
double-digit jump ...


http://www.google.com/url?sa=t&rct=j&q=&esrc=s&frm=1&source=newssearch&cd=4&ved=0CEcQqQIwAw&url=http%3A%2F%2Fwww.reuters.com%2Farticle%2F2012%2F04%2F26%2Famericamovil-preview-idUSL2E8FPAO620120426&ei=pJelT4W6G-SY2wWkjIWmAg&usg=AFQjCNGUKNWNER_JMsOp3HCbwRMGFeNLYQ

[Hisler]

Post by Jose
Reuters - Apr 25, 2012
... April 25 (Reuters) - Cell phone company America Movil, the jewel
in the crown of Mexican tycoon Carlos Slim's empire, is set to post a
double-digit jump ...
http://www.google.com/url?sa=t&rct=j&q=&esrc=s&frm=1&source=newssearch&cd=4&ved=0CEcQqQIwAw&url=http%3A%2F%2Fwww.reuters.com%2Farticle%2F2012%2F04%2F26%2Famericamovil-preview-idUSL2E8FPAO620120426&ei=pJelT4W6G-SY2wWkjIWmAg&usg=AFQjCNGUKNWNER_JMsOp3HCbwRMGFeNLYQ

http://ca.news.yahoo.com/mexicans-us-protest-mega-tycoon-carlos-slim-222838335.html

Mexican immigrant groups in the United States threatened Tuesday to
boycott telephone companies owned by Mexican mogul Carlos Slim to
protest what they say are abusive charges.

"Carlos Slim's monopolistic practices have imposed significant costs to
the Mexican economy and burdened the people of Mexico and Latin
America," said Juan Jose Gutierrez, of the nonprofit organization VAMOS
Unidos USA.

Gutierrez, speaking at a news conference at the National Press Club in
Washington, said there was a protest campaign under way across the
country aimed at Slim's tight grip on Mexican telecommunications.

The groups have forged a coalition called "Two Countries One Voice" and
have demanded that George Washington University (GWU) sever its ties to
Slim, who received the school's President's Medal in 2009 for his
philanthropic work.

Slim is due to receive an honorary degree from the Washington-based
university on May 20 in a graduation ceremony on the National Mall.

In a letter to Steven Knapp, the president of the university, the
coalition said: "George Washington University should not continue to
honor a man that has amassed his fortune on the backs of the people of
Mexico and Latin America."

"We're giving them 48 hours. We're going to keep our options open if
they don't respond to us," said Andres Ramirez, an activist from Nevada.

A GWU spokesperson, in an email to AFP, said that "the university is
looking forward to Mr. Slim's participation in commencement."

Considered the world's richest man, Slim heads Mexico's two main
telecoms, Telmex and Telcel.

Mexican antitrust authorities recently suspended a fine of 11.9 billion
pesos (about $920 million) imposed on Telcel a year ago, in exchange for
pledges to lower its connection rates to other operators.

The top US trade envoy also signaled concerns about Telcel fees in an
annual report last year.

Mexico is the principal destination of international calls originating
in the United States.

[so]

Hello all;

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– between around
1640.80-1658.01. If the pair breaks through the top of this trading band it
may find resistance around 1663.26-1664.04.
In Europe, CPI remained held
steady at 2.7% y/y which is well above the ECB’s target rate and the April
ZEW survey results showed unexpected improvement in Germany and the Euro
zone.
;
But This article looks interesting:
The Spanish Treasury sold a total of
EUR3.18bn, which was above the target size but yields were higher than those
seen previously.
The Spanish Treasury sold a total of EUR3.18bn, which was
above the target size but yields were higher than those seen previously.

But the aussie managed to claw back some losses (around 5%) and pushed
through 1.0400 against the dollar.
XAUUSD has traded in a fairly tight
range all week – except for a slid last night to around 1634.34
Sentiment
was broadly higher and the dollar was mostly softer after positive
developments in Europe,
Equity markets in Asia are following the positive
lead of US and European stock markets on the back of a reasonably positive
Spanish bill auction, strong Eurozone data, the IMF raising its forecasts and
a hawkish tone from the Bank of Canada.
and the economic sentiment index
advancing to 23.4 from 22.3, representing the fifth consecutive rise.
UST
yields are higher across the curve and 10-year yields are testing the pivotal
2.00% level, and the dollar index is lower after being rejected from bearish
channel resistance yesterday.
Sentiment was broadly higher and the dollar
was mostly softer after positive developments in Europe,
an upward revision
to the IMF’s world growth projection, mixed U.S. housing data, and a hawkish
tone from the Bank of Canada.
The lack of market moving data may keep a
few investors in Asia on the sidelines given the nervousness in the market
surrounding tomorrow’s Spanish bond auction.
;
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attention as well as the exchange maintenance
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:-))