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>> MICHAEL BLOOMBERG Latest News

OCT 11, 2013 - Huffington Post

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Soda Tax Fight In Mexico Drags In NYC Mayor Michael Bloomberg

MEXICO CITY -- MEXICO CITY (AP) — New York City Mayor Michael Bloomberg's name has been drawn into the debate over a proposed 8-cent (1 peso) per liter tax on soft drinks to fund weight-control efforts in Mexico, which now has higher obesity rates than the United States. President Enrique Pena Nieto's proposal to raise $950 million from the soda tax has drawn the beverage industry's wrath in the country with the world's highest yearly soda consumption; the average Mexican consumes 163 liters (43 gallons) of soft drinks annually. Soft-drink bottlers, retailers and sugar growers have ... Read More

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