
Monetary expert, Dr. C. Fred Bergsten, recently spoke at the Baker Institute at Rice University about the impact of the Plaza Accord. The Plaza Accord was a pro-growth agreement signed in 1985 by the G-5 nations of West Germany, France, the United States, Japan and the United Kingdom. The program, signed at the Plaza Hotel in New York City, was designed to force the United States to devalue the American dollar.
by Peter Maffitt22 Oct 2015, 8:45 AM PST0

Over the past year the Mexican peso has been falling. A year ago the peso stood at 12.94 to the US dollar; six months ago, 14.75; one month ago, 15.49; and on June 30th 15.73.
by Peter Maffitt2 Jul 2015, 9:08 AM PST0

Texas benefits greatly from a stable, democratic Mexico with 125 million citizens. Thus, Texans should deeply care about elections in Mexico. To raise awareness of the importance of this 2015 election, the Baker Institute, under leadership of Dr. Tony Payan, invited Mexican political and moral leader Cuauhtémoc Cardenas to Houston for a talk on the state of Mexican Democracy.
by Peter Maffitt2 Jun 2015, 7:28 AM PST0

The prosperity of Mexico is a key issue for Texas. The Mexican oil & gas industry is a major factor in the productivity of Mexico. On April 28 the Mexico Center at the Baker Institute at Rice University put on a comprehensive program on Mexico’s Energy Reform with 15 speakers and 300 attendees sponsored by the law firm Haynes Boone.
by Peter Maffitt1 May 2015, 9:15 AM PST0