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Fitch Shifts Mexico Debt Outlook From Stable to Negative

Fitch Ratings changed its outlook on Mexico's long-term foreign-currency debt issues Wednesday from “stable” to “negative,” citing the potential policies of President-elect Andres Manuel Lopez Obrador. The leftist Lopez Obrador has tried to smooth anxieties in the business community, but upset many on Monday by cancelling a partly built, $13 billion new airport on the outskirts of Mexico City. The private sector had strongly backed the airport project, but Lopez Obrador called it...

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