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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 […]
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Mexico’s National Guard Kills 2 Colombians, Wounds 4 Others Near US Border
Mexico’s National Guard shot and killed two Colombians and wounded four others in what the Defense Department claimed was a confrontation near the U.S. border. What Happened? The incident occurred on a remote road near Tecate, close to the California border. Mexican authorities stated that a National Guard patrol came under fire after encountering two […]
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