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LatinNews Daily - 18 April 2018

In brief: Mexico

* On 17 April, credit ratings agency Moody’s Investors Service warned that halting the construction of Mexico City's new international airport (NAICM) would be negative for the country’s credit rating. Without the new airport, which is due to be built in the municipality of Texcoco in the Estado de México (Edomex), Mexico could struggle to cater for a growing number of airline passengers. Between 2012 and 2017, air traffic in Mexico increased by 60%, a Moody's report said. The statement comes after the presidential frontrunner in Mexico’s 1 July general election, Andrés Manuel López Obrador threatened to cancel the project if elected.

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