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Mexico faces possible downgrade in coming year, negative outlook: S&P

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Mexico faces possible downgrade in coming year, negative outlook: S&P The Mexican government faces a one-in-three chance of having its credit rating downgraded over the coming year, as public finances struggle with mounting liabilities and slowing growth, rating agency Standard & Poor’s said on Friday. The New York-based agency maintained the government’s investment grade status at BBB+, but lowered its outlook to negative from stable in a new warning to President Andres Manuel Lopez Obrador’s three-month-old government. Reuters reports.   Brookfield eyeing other targets in Brazil including Sabesp Canadian asset manager Brookfield Asset Management Inc is looking for additional targets […]
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