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Mexico Seeks to Contain Prices as Anger Mounts Over Fuel Hike

Mexico vowed to keep a lid on prices as part of an economic plan set out on Monday to dampen widespread outrage over a major fuel price hike, though it failed to win universal backing among business groups. Under proposals announced by President Enrique Pena Nieto, business, government and union leaders pledged to keep the price of staple goods stable, cut salaries of senior government officials by 10 percent and encourage capital repatriation. "We will do everything necessary to...

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