Eduardo Garcia writes that Fibra Uno, the Mexican REIT, is paying $90 mn to buy the Hilton Hotel in Mexico City's Centro Historico, of which $31 mn is the assumption of debt.

One of the puzzles of this world is why European phone revenues per customer are so low - and sustainably so.

The emerging world is divergent, something which catch phrases like BRIC might hide.

Publicom will not see the light of day. The $35 bn merger of ad agencies Publicis and Omnicom has been cancelled. The idea that bigger is better in the advertising business seems to me to have been misguided from the start.

This is an article you will not be able to read in the New York Times. Chinese officials are meeting with government reps to negotiate on funding to build a second Mexican telecom networks costing ~$750 mn

The European Central Bank was accused of falsifying growth data to understate deflation and back continued austerity--by Swiss experts.