MEXICO CITY (Reuters) - In a country beset with drugs wars and a massive underground economy, Mexico's president-elect faces a tall order to stem the drift of young people into organized crime and off-the-books work: create jobs, lots of them.
Showing posts with label Latin America economy. Show all posts
Showing posts with label Latin America economy. Show all posts
Friday, July 20, 2012
Tuesday, October 18, 2011
Geo Plunge Leads Worst Corporate Slump Since ‘06: Mexico Credit
Oct. 18 (Bloomberg) -- Mexican corporate bonds are posting their longest losing streak in five years as the slowdown in the U.S., the Latin American country’s biggest trade partner, erodes demand for debt sold by companies from Corp. Geo SAB to Financiera Independencia SAB.
The 2.1 percent loss in Mexican corporate dollar debt over the past 30 days is the third straight month of declines, the most since the period ended June 17, 2006, according to JPMorgan Chase & Co. Brazilian companies’ bonds slumped 1.3 percent in the past month, the second consecutive month of losses. Emerging-market corporate debt also fell for a second month, losing 1.9 percent over the past 30 days.
The 2.1 percent loss in Mexican corporate dollar debt over the past 30 days is the third straight month of declines, the most since the period ended June 17, 2006, according to JPMorgan Chase & Co. Brazilian companies’ bonds slumped 1.3 percent in the past month, the second consecutive month of losses. Emerging-market corporate debt also fell for a second month, losing 1.9 percent over the past 30 days.
Subscribe to:
Posts (Atom)