Reuters provided a deep dive into plans by Mexico’s President Andres Manuel Lopez Obrador to revive state-owned energy company Pemex and give the public a bigger cut of the country’s oil wealth, as well as how the president’s efforts have alarmed credit rating agencies that have threatened to downgrade Pemex bonds to “junk” status.
Reuters offers insight into how Mexico’s rising oil nationalism faces debt-rating crisis
14 May 2019, 12:00 am. 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Americas
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