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Mexico’s Consumer Prices Increase More Than Expected
Thomas Black & Valerie Rota - Bloomberg
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Mexico’s consumer prices rose more
than analysts forecast in the first half of December on higher
prices for tourist services, cigarettes, tomatoes and eggs.

Inflation was 0.45 percent in the first 15 days of the month,
exceeding the 0.3 percent median estimate of 15 analysts surveyed by
Bloomberg. Prices climbed 6.56 percent from the same period a year
earlier, according to data compiled by Bloomberg.

Inflation will probably peak in December and begin to slow next year
as lower costs for commodities take hold and a sluggish economy
keeps companies from raising prices, said Gabriel Casillas, an
economist with UBS AG in Mexico City. That should allow the central
bank to ease interest rates in 2009, he said.

“Next year, commodity prices will weigh less on inflation,” Casillas
said in an interview. “There is going to be no excuse for Bank of
Mexico not to cut rates.”

Core inflation, which filters out volatile fresh food and energy
prices, was 0.44 percent in the first half of December. Analysts had
predicted core inflation of 0.25 percent.

Economists surveyed by the central bank earlier this month estimated
inflation will accelerate to 6.35 percent in 2008 from 3.76 percent
last year. The 32 economists in the survey predicted the economy
will shrink 0.1 percent next year compared with an estimate of 1.7
percent growth this year.

Senate leaders from Mexico’s three largest political parties last
week urged the Bank of Mexico to cut rates after the U.S. Federal
Reserve reduced its target rate on Dec. 16 to between zero and 0.25
percent in an attempt to pull the U.S. economy out of recession.
Mexico’s central bank increased its target interest rate by 0.75
percentage point to 8.25 percent between June and August to quell
inflation.

Lower Mexican interest rates may give less support to the peso,
which has weakened 25 percent since the beginning of August. The
declining value of the peso against the dollar puts pressure on
inflation because Mexico imports large amounts of U.S. goods. The
currency weakened 0.4 percent to 13.2310 pesos per dollar at 11:08
a.m. New York time.

To contact the reporter on this story: Thomas Black in Monterrey,
Mexico, at tblack(at)(at)bloomberg.net; Valerie Rota in Mexico City
at vrota1(at)bloomberg.net |


Mexico Raises 2009 Daily Minimum Wage Below Inflation Rate
Thomas Black - Bloomberg
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Mexico will raise the minimum daily wage an average of
4.6 percent next year, more than 1.6 percentage points below the current
annual inflation rate.

Minimum wages in Mexico’s three geographic zones will be raised on Jan.
1, the National Minimum Wage Commission said in a statement. The annual
inflation rate in November was 6.23 percent.

The minimum wage in Zone A, which includes Mexico City, Acapulco and
several cities on the U.S. border including Ciudad Juarez and Tijuana,
will increase to 54.80 pesos ($4.18) a day from 52.59 pesos this year.
In Zone B, wages will rise to 53.26 pesos daily from 50.96 pesos. The
zone includes some of Mexico’s largest cities such as Monterrey and
Guadalajara. Wages in Zone C, which applies to the majority of cities,
will increase to 51.95 pesos a day from 49.50 this year.

In 2008, Mexico increased the minimum wage by 4 percent and annual
inflation at the end of 2007 was 3.76 percent. This year, wages in
dollars will fall because of a decline in the peso. The lowest daily
minimum wage in dollars fell to $3.96 using today’s peso value compared
with $4.55 for the same wage category using the exchange rate on Jan. 1,
2008.

To contact the reporter on this story: Thomas Black in Monterrey,
Mexico, at tblack(at)bloomberg.net.

By Tara
Spears

In Mexico, the holiday
season picks up momentum with the celebration of Las Posadas from
December 16th to Christmas Eve. Traditionally, children perform the
'Posada' processions and families gather for fiestas. (Spanish for inn
or lodging.) The Posadas days celebrate the part of the Christmas story
where Joseph and Mary looked for a room in an inn but were turned away.
For the Posadas, the outside of houses are decorated with evergreens,
moss and paper lanterns. Inside, the usual holiday decoration is the
nativity scene, El Nacimiento.
To read more on Mexico's
Christmas
click here

Christmas Pictures Throughout Mexico
Mexican Style Holiday Spirit
Tara Spears
“I don't want gold and I don't want
silver...
all I want is to break the piñata”
Taken from a traditional Mexican piñata
song
With the holiday season well underway,
Los Pasados home parties are flourishing throughout Mexico. One game that is
often played at Posada parties is Piñata. A piñata is a decorated clay or
papier-mâché jar filled with sweets and hung from the ceiling or tree
branch. The traditional Christmas piñata is decorated something like a ball
with seven peaks around it. The peaks or spikes represent the 'seven deadly
sins' (lust, gluttony, greed, laziness, anger, envy, pride.) Today,
piñata's reflect the influence of popular culture: they are available in
animal, bird, holiday figure or TV character shapes. To play the game,
children are blindfolded, spun in a circle, taking turns to hit the piñata
with a stick until it splits open and the sweets pour out. Then the children
rush to pick up as many sweets as they can! Although Mexican children get
their main presents at Epiphany (January 6th), the piñata treats keep them
happy until the gift day.
To read the entire story
click here
SAN PANCHO
Join entreAmigos and the San Francisco, Nayarit (San
Pancho) community in December with holiday events that will provide
lasting memories.
entreAmigos is a 501 c3 non-profit community
organization that was established in 2006 to increase learning
opportunities for children and families in San Pancho. Among its many
accomplishments, this unique organization provides a library and
education
center
and provides much needed scholarships to families in San Pancho.
To learn more, please visit www.entreamigos.org.mx
On Thursday, December 11th, the season
opening of the entreAmigos Gallery Store is the perfect opportunity to
explore all of the beautiful art and products created by local artists.
When you find that unique gift for someone special, you support
entreAmigos and families in San Pancho, making Navidad even brighter by
your purchase.
The traditional Mexican Posada is an event you
won"t want to miss. Be part of the biggest holiday street party in
San Pancho on Saturd ay,
December 20th. You won"t
forget the carolers, the colorful piñatas, the feast of food, or the joy
of being part of the community.
All month entreAmigos will be accepting donations of
canned or boxed food and toys. These donations will be sorted,
wrapped and distributed on Tuesday, December 23, 2008. Volunteers
are welcome to help to get things ready starting at 9am in front of the
entreAmigos store.

San Pancho"s first ever Art Walk will be held on
Friday, December 26th at the galleries and stores located on
Ave. Tercer Mundo in San Pancho.
December 27 & 28, 2008 is the annual Art Fe stival
produced by the Colectivo. The Colectivo is a cooperative of
artists in San Pancho, they are recognized as the major impulse behind
San Pancho"s diverse cultural and artistic offerings. Their annual
Art Festival, now in its third year, includes parades, live shows,
sculptures, workshops and the presentation of local and invited artists.
This year, scheduled events will take place throughout San Pancho, as
well as at the Plaza. Plan to be here for both spectacular days.
For more information about
these events please contact entreamigos at 322 117 1677.
Article submitted by: Gail
Mitchell


Premiering
November 2, 2008
An Exclusive Bed & Breakfast in a quaint, Mexican beach town.
Tropical Manor House
www.tropicalmanorhouse.com
Come stay with
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A Walk through La Penita de
Jaltemba...photographs by Bill Bell...click on any photograph to view in
larger format








HOME Found
for Felix the Cat
FELIX THE CAT HAS FOUND A BEAUTIFUL NEW HOME

Thanks goes out to Dorothy the editor of the Jaltemba
Sol Ezine Newspaper and Hank Vanderschuur for giving
Felix the Cat a new home. On December 24th, 2008 he will
be delivered to Hank. Cheers goes out to this wonderful
man. If you see him give a '"HUG".
I will be able to go home to Canada in March, 2009
knowing Felix is in loving hands.
Merry, Merry Christmas
Nancy
There is no better Christmas present for me than to help an
animal in need.
Thank you so much Dorothy, Bill and Dylan for helping me
find my kitty Felix a new home before I go back to Canada,
someone came to my bunglaw today and is taking in Felix
because his cat just died. There is not enough words to
describe the type of people I have met in Mexico, this is my
first visit and my husband and I will be coming every year
and doing our part in helping animals.
Thanks again so much.
Dan and Nancy Chambo
Peterborough, Ontario, Canada
.

Buy your Fashion show ticket on line now! $25 us

Learn
Spanish Today
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Photography by Bill Bell to view Mexico
Photography click below
Colonial Cities and Towns
Archeological Sites

LETTERS TO THE EDITOR
Hello Friends,
I just want to wish you a Merry Christmas, so i would like to
tell you THANKS for your trust and your friendship, i do my
best effort to do my job as good as possible. I am really
glad to meet every you and help you with your computer
problems.
I really appreciate you as a friends and as a customers. I
know my English is not good at all, but i work to be better
day by day.
Happy Holliday's
Your friend & computer technician
Ing. Francisco Javier Rios Luna
Director de Proyectos
Ced. Prof. 5012015
InterActive Computación
Hi Bill & Dorothy - although we
have never met you personally, we fell we know you through
your writings, here in the La Penita area. Each week we look
forward to reading up on the happenings in our area, and
thank you for the wonderful job you do of keeping us all
informed! We own a condo in La Penita, and enjoy getting
involved with the community here. As a result, we have found
a family who are desperately looking for a wheel-chair for
their son who is 18 years old. He is totally bed-ridden, and
it's a challenge to take him to doctors appointments or for
a family outing. La Penita trailer park sometimes has
wheelchairs available there, but we have checked with Merv &
Delia, to no avail. Can you suggest to us, where we could
begin to look for a wheelchair?? or would it be wise to put
an ad on the Jaltemba Sol? You ideas are most welcomed!
Feliz navidad to both of us. Jan and Elaine
Hola! I have the most respect for
the Jaltemba sol, I look forward to every Mon and Fri,to catch
up on what is going on in our piece of Paradise! I was very
disappointed to see the add you publish ed about " Shitty
Vehicles" This is a very serious problem for the Canadian, US
and even Mexican economy! In the times we are in this is not a
joke! Further more Ford was not part of this bail out plan, I
would hope you consider to remove this from the paper!
Thanks in Advance!
Shawn Henke
Parkside Ford Lincoln
Winnipeg, Manitoba,Cana
Not so funny to those who rely on Canadian and US
automobiles companies and no offense intended...if you see us at any bar
when you are down here...we will buy you a tequila! Best wishes the Bells
Saludos! I have had numerous requests from our fans
that live in your area to post our area performances in
your publication, Jaltemba Sol. The closest show that
we have is our weekly performance at Mar Plata in San
Pancho EVERY SUNDAY. Could you please post this event
to your community calendar.
Mango Trio
Sunday, 6:30-8:30pm
Mar Plata, San Pancho
WEBSITE http://www.sayulitalife.com/business/marplata.htm#contactform
Dorothy, We are planning an
extended trip to Mexico in our 34' motorhome in
January. We want to leave from McAllen, TX and travel
along the Gulf Coast, down to Chiapas, west along
Southern Mexico to the Pacific Coast, then north along
the coast and return to the U.S. We can not decide
whether we want to take our tow vehicle with us. Can we
rely upon buses, taxis, and rental cars to "get us
around" once we settle into a campground? By the
way, we have enjoyed your newsletters and website. The
information is invaluable. We have purchased some of
your downloads and appreciate the work you have done to
make our journey more enjoyable. Herb and Cindy
Garvin Texas Wanderlust Fulltimers (580) 470-5250
hmgarvin@hotmail.com

Boogie board surfer La Penita Beach Bill Bell Photograph
CONALEP FUNDRAISER A great
success at Xaltemba Restaurant


  
To view more photographs of this Rotarian
fundraiser
click here
San Pancho AA
Alanon Monday at 5:00pm, CoDA Wednesday at 5:00pm, and
AA Friday at 6:30pm in San Pancho in the museum on main street, between
Galeria Corazon and San Pancho Cafe. Info at devasaya@gmail.com email or
311-258-4243.
JUANITO'S RV PARK A quiet, friendly park
just one block from beautiful playa Lo de Marcos. Lo de Marcos, Nayarit
Type of Hook-up - Full Total # of Sites - 12 Electricity/AMPs - 30 Washroom
Internet Rates: $25/day - $160/week - $525/month $500/month for 4 months or
more Phone: 011-52-1-322-117-0332 - mx. cell/ 011-52-1-322-117-2866 mx.
cell Email:
johnjsommerville@hotmail.com Directions: Hwy 200 between Sayulita &
Rincon de Guayabitos @ km 108. Turn west towards the beach & proceed past
the plaza. Turn left at 3rd road past the plaza (look for sign to Playa Los Venados). Second RV Park on the left at the 2nd tope.

Speak Spanish - That Should be Your Goal!
Learn Spanish Today
A great
Christmas Gift
Can you Speak Spanish? How long have you been
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own efforts you could easily have a couple years already under your
belt. During this time you have likely built up a good Spanish
vocabulary, along with a basic understanding of Spanish verb
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Why is speaking Spanish so hard? Would you feel
comfortable approaching a native Spanish speaker and starting a
conversation? Why not? Why is it so hard to speak Spanish even after
years of study?
Beginning high school and college Spanish classes,
as well as most self study Spanish courses start off by teaching
vocabulary and verb conjugation. You practice speaking, but the focus is
on the individual word or phrase. Lists of words are memorized and tests
are given on verb conjugation. So when it comes time to speak, the words
and phrases are separate in your mind. It becomes a matter of trying to
pull all the pieces together and form them all into a sensible sentence,
not just speaking.
The key to becoming more comfortable in speaking
situations is to practice and learn the sentences as a whole, not in
separate pieces. This way when you are trying to remember what to say,
the whole sentence pops in your mind, not just one word. You will speak
Spanish more correctly, more fluently and more confidently than ever
before.
The
Visual Link Spanish Course allows you to utilize this effective way of
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Much more Jaltemba Sol
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