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Latin America in better position to face El Nino effects: Moody's

July 2, 2014 - 6:00am

Latin America is better prepared than before to the efefcts of El Nino, Moody's Investors Service Inc. said in a report.

The effects of El Nino on agricultural production will differ from place to place, should it occur, BNamericas reported.

Avocado production in Peru could be impacted, while sugar production in Brazil could also take a hit.

Latin America's hydroelectric systems could also be hit.

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