Earthquakes spare aftershocks on Mexican economy

Earthquakes spare aftershocks on Mexican economy

Economy & Policy Project & Infrastructure Finance Politics Features Mexico

The day after the earthquake, 25-year-old Cecilia Olvera stood in a cordoned off section of a busy avenue in downtown Mexico City, while her mother retrieved clothes and other necessities from their devastated first floor apartment. Large vertical cracks traversed the exterior of their nine-story building. Several windows were broken. The building was uninhabitable. It was also uninsured. Olvera’s family is staying in a borrowed apartment in the hopes that their building can be repaired in the coming months. “Otherwise, it’s a loss,” she says. Such losses have only begun to be calculated following the most-devastating earthquake in the Mexican capital since the 1985 tremor that killed more t

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