How Challenging Carlos Slim Is Helping Mexico Tame Inflation (And Why It May Not Last)

Billionaire Carlos Slim's pain is consumers' gain

Metropolitan Cathedral in the Plaza de la Constitución is a pilgrimage site for tourists of all stripes.

Source: Ted McGrath/Flickr via Bloomberg

Across Latin America the drop in commodity prices has sent currencies tumbling, spurring faster inflation. Everywhere, that is, except for Mexico.

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