Mexico

Cemex, the Mexican cement company, is a global player that has acquired competitors on five continents. But the markets are carefully watching Cemex?s Asian expansion, worried that it might now be overextending itself.

As Secretary of Mexico?s Ministry of Comptrollership and Administrative Development, Francisco Barrio Terrazas is the country?s anti-corruption czar. His job, and that of his office, is to stamp out deep-rooted government corruption and promote financial transparency and accountability in all public institutions. Here Barrio describes Mexico?s multi-pronged attack on dishonesty and fraud in government, and acknowledges that a prolonged and relentless effort is necessary to alter the course of decades of corruption.

Riding on the tails of Mexico?s freshly upgraded credit rating, Grupo Televisa, the Spanish-language television broadcaster, was able to raise $300 million with 30-year plain vanilla bond in the international market.