Down and Out

Mexican President Felipe Calderon announced plans to inject nearly $150 million to ailing industries in an effort to save jobs.  The move is part of a larger '25-point' plan that includes freezing gas prices and increased unemployment benefits, reports the BBC.  

Because 80% of Mexican exports go to America, and the dependence of many communities on remittances from Mexican laborers in the United States, the economic downturn here has had dramatic implications there.  

Plans for infrastructure building are expected to create another quarter-million jobs later in the year.