Thursday, April 23, 2020

Mexico coronavirus cases top 10,000 as sickly economy contracts

Mexico coronavirus cases top 10,000 as sickly economy contractsMexico reported on Wednesday it now has over 10,000 cases of coronavirus, the fifth-highest tally in Latin America, as containment measures and rock-bottom crude prices wreak economic havoc on the oil-producing country. President Andres Manuel Lopez Obrador has frequently expressed optimism that Mexicans will overcome the outbreak, arguing that tight-knit families offer the best protection, even as he has balked at more aggressive stimulus measures to help both businesses and individuals. Mexico's economy, Latin America's second biggest and already ailing before the outbreak, is expected to contract by as much as 10% this year.




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