Leaders of 11 Latin American nations, including its two biggest economies, Brazil and Mexico, announce plan to work together to address rampant inflation
The leaders of 11 Latin American nations, including its two biggest economies, Brazil and Mexico, have announced a plan to work together to address rampant inflation.
The priority is to reduce "the cost of these products for the poorest and most vulnerable," according to a statement released after the talks, which also included the leaders of Argentina, Belize, Bolivia, Chile, Colombia, Cuba, Honduras, Venezuela and Saint Vincent and the Grenadines. Although the pace of consumer price increases has moderated recently in some countries such as Mexico, Lopez Obrador warned that inflation remained "a threat."
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