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Rescuers on Tuesday searched for 16 people feared dead after a mudslide struck flood-ravaged southern Mexico, while hundreds of people still refused to evacuate their homes for fear of looters. Parts of central Mexico were rattled by a moderate earthquake of between 5.4 and 5.7 magnitude early Tuesday, authorities said, but there were no immediate reports of injuries or serious damage. Television bounty hunter Duane "Dog" Chapman, who had his reality show taken off the air after getting caught using a racial slur, will not be extradited to Mexico to face a pending appeal of kidnapping charges against him, a judge has ruled. Rescue workers searched Tuesday for at least 16 people missing when a wall of mud and water swept over a village in flood-ravaged southern Mexico. One resident of San Juan Grijalva said water and mud swept over everything in its path. Nov. 6 (Bloomberg) -- Mexico's local-currency bonds and the peso rose as traders bet the U.S. Federal Reserve will lower borrowing costs once more this year, boosting the allure of higher-yielding assets in emerging-market countries. A massive wave of mud and water swept through a village Monday and at least 16 people were feared buried, officials said, as rescuers elsewhere worked furiously to deliver aid to victims of devastating flooding in southern Mexico. At least 16 people were missing and feared dead Tuesday after a mudslide struck a village in flood-hit southern Mexico, amid reports of rampant looting.
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