CBS Investment

Mexico has been one of the emerging markets and star economy sector in the world. Both domestic and international Mexico manufacturing has been always improving. After the ‘Bracero program’ was signed between United States and Mexico, Mexico manufacturing sector grows rapidly. Companies from United States started setting up their assembly in Mexico because Mexico had plenty of raw materials available.

The duties levied on the companies had also been relaxed between these countries. This program was called as ‘The Border Industrialization Program’. With the implementation of NAFTA called as North American Free Trade Agreement, Mexico manufacturing has tripled.

Pharmaceutical Industry of the United States is prepared to spend 80 billion dollars over 10 years for the reform of American health care, which is being developed by the administration of U.S. President Barack Obama.
Democrat Senator Max Bokus has managed to negotiate with pharmaceutical associations on the bill on the reform to transfer part of program costs on the shoulders of businesses, passes Associated Press.

The possibility of the bankruptcy of the German automaker Opel is still there. This statement was made by the Minister of Economy of Germany Gutenberg. “All of this can still happen” – he said. Previously, Karl-Theodor zu Gutenberg has repeatedly stated that the acquisition of the German automaker Opel by Magna International Inc. carries many risks, and bankruptcy may still be the best solution for this auto concern. On 30 May 2009, the German government reached an agreement with the American auto concern General Motors and the Canadian company Magna International, serving in partnership with the Sberbank of Russia on the salvation of the German automaker Opel.