Economics

Mexico’s Growing Violence Puts Credit Rating at Risk

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Mexico’s increasing violence poses a risk to the nation’s credit rating in the “medium term” and may threaten economic growth, Mauro Leos, an analyst at Moody’s Investors Service, said.

Economic data has yet to show an impact this year and Moody’s probably won’t downgrade the country before President Felipe Calderon’s term ends in 2012, Leos said.