The Federal government is spending hundreds of billions of dollars to add liquidity to the financial markets to avoid a complete collapse. Here's a chronology of the how the crisis evolved, what caused it and steps the government has been taking along the way. November. Citigroup Bailout Critical for Economy to Recover The U.S. Treasury gave Citigroup a $20 billion cash infusion in return for $27 billion of preferred shares yielding 8% annual return, and warrants to buy no more than 5% of Citi's common shares at $10 per share. Citigroup Bailout Critical for Economy to Recover Tuesday November 25, 2008 Many people are wondering why Citigroup should get a bailout, and the Big 3 automakers were told to go packing. After all, both companies made bad strategic decisions - Citigroup in using too much leverage in buying mortgage-backed securities, and the Big 3 in not retooling for more fuel-efficient vehicles. Both have thousands of employees that will be laid off if the com

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Documents needed to ship your product to Mexico Mexico Data On-Line Importers will use a customs broker (a private-sector provider of services) of choice to obtain release of the merchandise. The customs agent will provide to importers all necessary information relating to applicable duties and non-tariff regulations. The customs entry will be accompanied by: * the commercial invoice, when the customs value of the merchandise is determined in accordance with transaction value and exceeds US$300,or the equivalent in another foreign currency (the invoice will be prepared in Spanish -- in cases where it is not, a translation may be prepared on the reverse or in the body of the invoice); * the bill of lading or airway bill of lading, endorsed by the transport company; * documents evidencing compliance with requirements relating to restrictions and non-tariff regulations that apply to the importation; * proof of the country of origin, and country of export, as appropriate; and *

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Mexico Economy Mexico is a federal constitutional republic in North America, bordered by the United States on the north and by Belize and Guatemala on the south-east. The south and west is flanked by the Pacific Ocean and the Gulf of Mexico on the east. Mexico’s has an estimated population of 111 million, and its economy is the 13th largest in nominal GDP terms ($1.143 trillion -2009) and the 11th largest by Purchasing Power Parity (PPP, $1.563 trillion – 2009). Furthermore, Mexico’s economy is part of the North American Free Trade Agreement (NAFATA), a trilateral trade bloc in the region comprising of the US, Canada and Mexico. Mexico Economy: Profile Mexico has benefited from the NAFTA; being a free market economy, it has increased its trade with the US and Canada threefold. Furthermore, over 90% of their trade falls under twelve free trade agreements spanning more than 40 countries worldwide. The Mexican GDP grew at an average rate of 5.1% during 1995-2002. The recent economic r

Middle-class Creoles were obsessed with the idea of independence. But even the rich Creole owners of haciendas and mines did not want to share the wealth of their country with the people of the Spanish nation. They all had a common goal: to give the orders in their own house and to be master of all its furnishings. The opportunity to free themselves from the yoke came in 1808, which was the year that Napoleon, one of the greatest conquistadors of all time, occupied Spain. The Spaniards fought the invader; and the Mexicans, who no longer felt themselves to be Spanish, tried to take advantage of this crisis to become independent, as may be seen in the verses that one morning appeared on the walls of the capital: “Open your eyes, Mexican people, and use this opportunity. Beloved compatriots, fate has placed freedom in your hands; if you don not shake off the Spanish yoke, you will be wretched indeed.” At about the same time, friar Melchor de Talamantes circulated subversive literature

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Preint001 In Unit 1, you will learn to: Preint002 talk about extended family with present simple Preint003 talk about people at work and friends with the present simple and continuous Preint004 use go and play to talk about sports Preint005 discuss free time activities with read, do, listen, go, play and watch Preint006 order food and take orders Preint007 talk about the past with past simple Preint008 ask questions with the past simple Preint009 use countable and uncountable nouns Preint010 talk about food with some, any, much, many, a lot of, a little and a few Preint011 talk about the past with used to Preint012 describe past actions with past continuous Preint013 use correct intonation with questions Preint014 pronounce weak vowel sounds Preint015 In Unit 2, you will learn to: Preint016 talk about future intentions with will and going to Preint017 speak on the telephone Preint018 describe people with what's...like / what does..