Mexican business owners are trying to cling to life — often unsuccessfully — in an economic recession profoundly deepened by the COVID-19 pandemic and with almost no assistance from the government.
Business owners report extending credit to clients while laying off workers, cutting their hours or reducing their salaries.
The National Small Business Alliance said Tuesday that more than 150,000 mostly small businesses have been forced to close amid the pandemic. Last week, the government’s statistical agency said that 92% of businesses of all sizes reported they hadn’t received any government support in . . .
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