HR Ratings ratifies top credit rating for Monterrey

HR Ratings ratifies top credit rating for Monterrey

29/05/2020LPO (Monterrey)
The agency said it confirmed the HR AAA rating for the regional municipality in northern Mexico due to its financial stability and debt reduction.

Despite Covid-19 crisis, Trump still beats Biden on economic message

Despite Covid-19 crisis, Trump still beats Biden on economic message

29/05/2020LPO
Even though the United States lost 40 million jobs to the coronavirus, according to several polls, Trump is still ahead of Biden on the economy.

Politically cornered Bolsonaro attacks rival Governors of Rio de Janeiro, São Paulo

Politically cornered Bolsonaro attacks rival Governors of Rio de Janeiro, São Paulo

29/05/2020Por Eleonora Gosman (Sao Paulo)
Brazil's president praised a raid on Rio's governor, a possible rival in the upcoming elections.

Mexico's Central Bank: Covid-19 recession could continue through 2021

Mexico's Central Bank: Covid-19 recession could continue through 2021

28/05/2020LPO (Mexico City)
Uncharacteristically, the Central Bank did not give a specific projection: it proposed three scenarios that anticipate a GDP decline of up to 8.3%.

Creditors considering punitive measures against Argentina at risk of jeopardizing emerging market debt business

Creditors considering punitive measures against Argentina at risk of jeopardizing emerging market debt business

28/05/2020Por Marcia Dell'Oca (Buenos Aires)
Nobel prize winner Joseph Stiglitz warned creditors that they have the most to lose if Argentina and emerging countries cannot restructure their debts.

This week
Court battle: Dozens of Canadian, European energy companies sue the Mexican government

Court battle: Dozens of Canadian, European energy companies sue the Mexican government

22/05/2020LPO (Mexico City)
The López Obrador government introduced new operating rules for renewable energy companies. "They want to prevent state-owned CFE from losing market share to the private sector," say sources within the government.

Concerned about growing unrest, Spain's government infiltrates Madrid's protests

Concerned about growing unrest, Spain's government infiltrates Madrid's protests

21/05/2020LPO (Madrid)
With left-wing Podemos party in power, it is feared that the protests in Salamanca will give rise to a new movement of the 'Indignant' but from the far right.

Kirchner to the rescue: The Vice President's intervention helped unlock Argentina's debt negotiations days before going into default

Kirchner to the rescue: The Vice President's intervention helped unlock Argentina's debt negotiations days before going into default

21/05/2020LPO (Buenos Aires)
Cristina Kirchner, former president, and current vice president of Argentina reached out to the foreign investment funds and also to the government to push for an agreement.

 Mexican president to present GDP alternative index to measure country's "wellbeing"

Mexican president to present GDP alternative index to measure country's "wellbeing"

21/05/2020LPO (Mexico City)
The index will also cover happiness and reveal Mexico's inequality. "It will be my contribution to the return to the new normal after the pandemic," he said.
 Mexico prepares for a gradual opening: "If something goes wrong, we will return to the lockdown"

Mexico prepares for a gradual opening: "If something goes wrong, we will return to the lockdown"

14/05/2020LPO (Mexico City)
The country recorded a total of 4,220 deaths and 40,186 confirmed infections. Dr. López-Gatell confirmed that mining, construction and the automotive sector will be reactivated on June 1.