Moody’s Lowers Mexico’s Economic Growth Forecast
The big three credit rating agency also pointed to the potential impacts of U.S. President-elect Donald Trump’s trade policies on Mexico’s economy
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Mexico May Enter Weak Financial Era Next Presidency, Warns Moody’s
Mexico is expected to pull in 2 percent of economic growth in 2024, down from the 3.4 percent predicted for 2023
Read morePemex Accused of Hiding Oil Spill in Campeche Sound
An analysis by geographer Guillermo Tamburini revealed a 400 kilometer oil spill in the area that may have grown as large as 1000 square kilometers by July 17
Read moreS&P Upgrades Mexico amid Soaring Inflation
By MARK LORENZANA Just as Mexico’s inflation rate rose to 7.99 percent in June of this year, the U.S. financial services rating agency Standard & Poor’s (S&P) in its Global Ratings report on Wednesday, July 6, revised the outlook on its long-term ratings on Mexico from negative to stable. In addition, the S&P Global Ratings affirmed the country’s credit rating
Read moreAMLO Rejects Fitch Downgrade, Calls Agency ‘Hypocritical’
By THE PULSE NEWS MEXICO STAFF Despite a downgrade by “Big Three” credit rating agency Fitch one day earlier, Mexican President Andrés Manuel López Obrador (AMLO) told reporters on Wednesday, Jan. 30, that the state-run oil company Petróleos Mexicanos (Pemex) is stronger financially than it has been in 30 years. The New York-based Fitch downgraded Pemex by two notches from
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