Strongest Quake in Century Hits Mexico, at Least 58 Dead
- Quake struck Pacific coast; damage reports still coming in
- Peso declines, refinery closed; most companies see no impact
Mexico Hit by Magnitude 8 Quake Near Tres Picos
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Mexico was hit by its strongest earthquake in more than a century, killing dozens of people in southern states and shaking buildings in the capital.
The tremor revived memories of a 1985 earthquake in Mexico City that killed thousands, though early indications were that last night’s quake, which struck off the Pacific coast hundreds of miles south of the capital, hasn’t caused fatalities on that scale. With information about the impact on remote rural communities still coming in, the government said at least 58 had died and warned of aftershocks. Concern that the quake could hurt already sluggish growth in Latin America’s second-biggest economy drove the peso lower.