Downgraded

Mexico’s Credit Outlook Downgraded to Negative by Moody’s

The credit outlook of Mexico, Latin America’s second-biggest economy, was downgraded to negative from stable on Thursday by Moody’s, a major credit rating agency. Why Did Mexico’s Credit Outlook Slip? Moody’s linked Mexico’s credit outlook downgrade to the nation’s government debt and the constitutional overhaul of its judiciary system. The rating agency said, “Deteriorating debt […]