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Slim stakes billions own López Obrador

Thursday, October 17, 2019

Mexican billionaire Carlos Slim said on Wednesday that he expects to invest up to $5 billion in Mexican infrastructure during the current administration as he delivered a full-throated endorsement of the economy despite investor jitters.

Slim said he is “100 percent in agreement” with the goals of leftist Mexican President Andres Manuel Lopez Obrador, Reuters reports.