El Niño Economically Exposes One Third of Mexico’s States

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Mexico City, Oct 12 (EFE).- Only 11 of the 32 Mexican states present a low economic exposure to the El Niño phenomenon, while 10 face the greatest risks for activities such as tourism, agriculture and industry, including automotive, according to a report released this Monday by S&P Global Ratings. The qualifier warned [...] La entrada El Niño economically exposes one third of the states of Mexico was first published in HolaNews.

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The agency identifies risks to production, employment and state budgets from droughts, floods and cyclones; the responsiveness will depend on available resources and federal support.