Inside Investor

Having to meet the obligations of the Free Trade of North America, Mexico did not resort to traditional practices of Latin American countries in times of crisis (such as capital controls, which would have prolonged the crisis, as was the case with the South American crisis of 2001-2002), but introduced strict controls on fiscal policy, continued its policy of free trade and free floating. The rapid growth of exports dampens the recession, and less than 10 months, the monthly growth rate of GDP was positive. By 1996 the economy was growing (reaching a peak of nearly 7 in 1999) and in 1997 Mexico paid in advance, all loans from the United States. However, the effects of the crisis, mainly caused by the high interest rates during the days of the devaluation (which reached 100 ), and that led to millions of families could not pay their loans and mortgages, lasted much time.

The Forex Market
(Adds analyst comment, detail.) By Natasha Brereton Dow Jones newswires LONDON (Dow Jones) - UK Inflation slowed significantly in April, while retail prices fell at their fastest pace since records began in 1948, with an emphasis on the strong disinflationary pressures facing the economy.

BBC News
UK annual inflation slowed again in April as consumers' energy bills and food prices continue to drop, figures show.

AFP via Yahoo! News
UK annual retail price inflation fell to a record minus 1.2 percent in April from minus 0.4 percent in March due to falling home loan payments, official data showed Tuesday.