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Coke Femsa, Bimbo shares fall as Mexico poised to pass food, drink taxes
date:Nov 01, 2013
orning, before sending the bill back to the lower house of Congress for final approval, expected later in the day.

Mexico, where obesity rates are now higher than in the United States, will be the first major soda market to tax high-calorie sodas, following a handful of other Latin American and European countries.

Mexicans are the world's biggest soda drinkers, guzzling about 707 8-ounce (0.24 liter) servings, on average, per year, according to U.S. newsletter Beverage Digest. The United State

07/08 06:16