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Aug. 7 (Bloomberg) -- Mexico's peso-denominated bonds rose on expectations the Federal Reserve will signal today that the credit crunch in the U.S. housing market poses the biggest risk to economic growth. Neglect and governmental indifference started the demise of Little Mexico. The current economic boom may finish it. Aug. 7 (Bloomberg) -- A unit of Telefonos de Mexico SAB, Mexico's biggest fixed-line telephone company, agreed to buy Chilean satellite-television operator Zap Television Satelital Directa Ltda. Aug. 7 (Bloomberg) -- Mexico's peso-denominated bonds rose as traders stepped up bets the Federal Reserve will cut borrowing costs this year as growth slows, boosting the allure of riskier developing-nation assets.
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