You are on page 1of 3

Difference between newspaper and magazines

The main difference between a newspaper and a magazine is that newspapers are written
for a general audience, while magazines are for specific types of audiences. Newspapers
are generally published daily, while magazines are usually published weekly or monthly

Magazines tend to focus on specific topics, such as sports, home decor, gardening
or music. Articles featured in magazines are typically written for the general public
and are not created from extensive research.

Newspapers primarily focus on politics, current events, financial reports and


various interests throughout the world. Most papers publish their material on a day-
to-day basis, even on weekends.

Newspaper and magazine archival is not new with microform film formats solving
the problem of efficiently storing and preserving though the format lacked
accessibility. Many libraries, especially state libraries in the United States are
archiving their collections digitally and converting existing microfilm to digital
format. The Library of Congress provides project planning assistance[6] and the
National Endowment for the Humanities provides funding through grants from its
National Digital Newspaper Program
Mexico City
Donald Trump has not yet taken office, but he is already ramping up the pressure on
Mexico. This week has seen him threaten three leading automakers, General Motors,
Ford, and Toyota, with high import tariffs on vehicles made in Mexico. Ford has since
announced it is backtracking on its investment plans in Mexico, and is likely to be followed
by other large automakers that have relocated there in recent years. Mexico’s economy,
already under pressure, is heavily dependent on its auto industry.

With its currency in freefall, inflation rising due to gasoline and electricity price hikes,
recurring spending cuts, watered-down energy reforms and the international financial
markets jittery, the 5% GDP growth that President Enrique Peña promised when he took
office in December 2012 has turned into a mirage.

The auto industry has been one of the main beneficiaries of the North American Free
Trade Agreement (NAFTA), signed 22 years ago. Since then, Mexico’s car production has
increased threefold, while exports to the United States and Canada have grown by more
than 80%. Along the way, it has become Latin America’s leading car maker and the world’s
eighth biggest, above France and Spain.

The free trade ecosystem has created an interconnected production chain, fed on one side
by technology and added value, and on the other by logistics and low salaries. Seventeen
factories owned by the world’s leading brands are located in Mexico.

The auto sector generates close to one million jobs in the country, most of them on
assembly lines; the skilled and higher-paid positions are overwhelmingly held by
Europeans and people from the US and Japan. Trump wants to change that and fulfill his
election pledge to working-class whitesby bringing their old jobs back home. Scrapping
NAFTA, as he has proposed, would hit Mexico like an earthquake of unpredictable
consequences.

Almost 80% of the more than three million cars produced in Mexico end up on the other
side of the border. The sector represents more than 3% of GDP and absorbs 10% of
foreign direct investment (FDI). Ford’s decision not to invest $1.6 billion could be copied
by other car makers: Kia, Toyota and BMW all have plans for Mexico. Financial analysts
Banco Base predict a 15% falloff in FDI over the course of 2017.

Exports have been falling sharply in recent months, 9% down year on year at the end of
November, according to the latest figures from AMIA, which represents the Mexican auto
industry. The domestic market has so far held firm due to cheap financing conditions. But
the Bank of Mexico’s interest rate hikes will make it more costly to borrow.

“The national market continues to grow rapidly; but it isn’t big enough to compensate for
the fall in exports,” reads a recent survey by BBVA Bancomer, which forecasts GDP growth
of 1.8% for this year - not enough to bridge the inequality gap and pull more than half of
Mexicans out of poverty.

Five sectors make up 60% of the Mexican economy: manufacturing, trade, real estate,
construction and mining. All five have slowed down over the last year. The peso has lost
50% of its value in the last two years. Ford’s decision prompted a further fall. It reached a
historic low, and could fall even further, say the analysts. The biggest risk is that instability
will spark capital flight.

On the positive side, the country’s reserves are still in good shape, while remittances are
rising fast, prompted paradoxically by fear of what Trump will dowhen he takes office.

You might also like