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Mexico set to become leader of emerging markets

Thursday, January 2, 2014

Mexico is gaining stature as an invigorated leader among the world’s major emerging markets thanks to the speedy enactment last month of far-reaching energy reforms.

While other emerging-market titans such as China and Brazil are faltering and casting about for new sources of growth, Mexico has gained a rising reputation and prospects.

“This is a watershed moment for Mexico,” said Lisa M. Schineller, an analyst at the rating agency Standard & Poor’s.

Source: The Washington Post