Ferry explosion injures 25 people

MEXICO CITY, Mexico — An explosion ripped through a ferry as it unloaded passengers in the Caribbean beach city of Playa del Carmen on Wednesday, hurting 25 people, but authorities said none of the injuries were life-threatening.

Local Civil Defense director Juan Medina Sosa said 20 Mexicans, three Canadians and two Americans were injured, and all were in good condition.

Moody’s upgrades Greek credit rating

ATHENS, Greece — Moody’s ratings agency upgraded Greece’s credit rating by two notches late Wednesday to B3, saying the country is set to return to market-based funding following the conclusion of its current bailout program in the summer.

Despite the upgrade, which follows similar moves by ratings agencies Fitch and Standard and Poor’s, Greece’s credit rating remains well within junk, or non-investment grade, territory.