Mexico Business
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With Rising Prices, Could Peña Nieto Face a Tortilla Rebellion? :
In seven out of 10 cities tortillas have had an increase of 5 percent reaching 80 cents per kilogram in a country where the daily minimum wage is US$3.8 and where nearly half the population lives in poverty. Ref. Source 8q.
Studies find record violence costing Mexico billions of dollars. As fighting between drug trafficking groups drives up violence in Mexico to record levels, a new study released on Wednesday measures the economic impact in 2017 at $249 billion in losses — close to 21 percent of the country’s gross domestic product. Source 1r.