The Trump administration has announced it will start taking bids for the construction of a wall on the Mexico-U.S. border next week.
Mexico’s biggest cement maker said it would be willing to provide supplies for the US border wall proposed by President Donald Trump, ending months in which the company declined to comment on the potential project.
Cemex SAB would offer a price quote to any contractors looking to buy cement for the barrier, Chairman Rogelio Zambrano told Reforma newspaper. With plants on both sides of the border, Cemex would be well positioned to compete for building-materials contracts.
. . .
Cemex climbed 4.3 per cent to 17.74 pesos at 11:18am in Mexico City after advancing as much as 4.6 per cent for the biggest intraday gain in a month.
As of the writing of this post, Cemex is trading at US$9.o1, still going up.
While this may sound rather ironic or humorous depending on how you look at it, it illustrates private enterprise in the form of a multinational corporation responding to a business opportunity, which in turn creates value for its stockholders.
In other news, unless you’ve been in a sensory deprivation cell for the past couple of weeks, you must have heard the Democrats generically impugning any contact with Russians, but only if it’s by a Trump supporter.
The latest is the allegation that Jeff Sessions committed perjury. Andrew McCarthy, who has years of experience as a very successful prosecutor, finds the charge meritless.
The Dem party had two frontrunners last year: One honeymooned in the Soviet Union, the other one approved a transaction that gave the Russians control of one-fifth of all uranium production capacity in the United States when she was Secretary of State as her husband
received $500,000 for a Moscow speech from a Russian investment bank with links to the Kremlin that was promoting Uranium One stock.
The DNC has no problem with that, at all. Instead, they are in high dudgeon over Sessions talking to a Russian ambassador.
I find this very alarming, since crying wolf does not make for sensible international relations.
But, if the Dems are willing to waste time throwing a snit over anyone talking to any Russians, and in the spirit of perestroika, I declare today Talk to a Russian Day.
Fausta Rodríguez Wertz posts on U.S. and Latin America at Fausta’s blog.