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Mexico teeters of brink of recession

Monday, September 23, 2019

Mexico’s homicides in August show the nation remains on pace to break last year’s record, while a national poll showed President Andres Manuel Lopez Obrador’s approval falling as the economy teeters on the brink of a technical recession.

The uptick in violence is unsettling investors already uncertain about an economy now estimated by the central bank to grow 0.2-0.7 percent this year, Bloomberg reports.