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Fitch Cuts Kimberly Clark in Mexico

Aug 2, 2007

Fitch has cut to A minus from A the foreign currency issuer default rating of Kimberly-Clark de Mexico (KCM) as well as the senior unsecured...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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