El Salvador, Mexico: Hike in Corn Prices

Tim's El Salvador Blog takes a look at a variety of economic news stories focused on El Salvador including the rise in corn prices. That rise is also affecting Mexico, writes radio host Ana Maria Salazar: “The Governor of the Bank of Mexico, Guillermo Ortiz Martínez, said that an emergency salary rise and controlling prices do NOT solve the problem of the price hikes on basic foodstuffs. On the contrary, that would create a battle between prices and salaries.”

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