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Mexico Downgraded on Pemex Risks, Trade Tensions, and Policy Uncertainty
Episode 27

Mexico Downgraded on Pemex Risks, Trade Tensions, and Policy Uncertainty

Shelly Shetty and Charles Seville, Co-Heads of Sovereigns Ratings for the Americas, discuss the recent downgrade of Mexico's credit ratings. Key drivers for the rating action include liability of Pemex's deteriorating credit profile, poor economic growth

Fixed Interests · Fitch Ratings

June 6, 201911m 10s

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Show Notes

Shelly Shetty and Charles Seville, Co-Heads of Sovereigns Ratings for the Americas, discuss the recent downgrade of Mexico's credit ratings. Key drivers for the rating action include liability of Pemex's deteriorating credit profile, poor economic growth performance exacerbated by trade tensions, and domestic policy uncertainty from the new administration.

Topics

EconomicsSovereigns