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Latin American Economy & Business - April 2014 (ISSN 1741-7430)

MEXICO: Economic ramifications of the Oceanografía scandal

It is not yet known how big the scandal around Oceanografía, Mexico’s ill-fated oil and offshore services company, will turn out to be, but it has already had implications for national politics, for the future of the country’s energy reforms, for banking regulations, for Mexico-US relations, and for Citigroup, the US banking giant.

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