Puerto Vallarta News

Puerto Vallarta News

Fitch downgrades Mexico’s Pemex rating; peso falls

Rating agency Fitch downgraded the credit rating of Mexican state oil company Pemex on Tuesday, sending the peso currency falling in early trading in Asian markets. Mexico’s deputy finance minister said the downgrade didn’t come as a surprise and that the country’s sovereign rating was not at risk. “It doesn’t surprise us, but yes, it worries us,” Deputy Finance Minister Arturo Herrera told reporters at an event after Fitch announced the downgrad…

Keep reading with a yearly subscription

Subscribe to Puerto Vallarta News to gain access to this article and thousands more! Download our app, comment on articles, and limited ads for a more pleasurable read.

Subscribe Now

Already a subscriber? Sign in

Related Posts

Puerto Vallarta Zoo neglect

Puerto Vallarta Zoo backlash grows over animal care

Viral posts allege poor care at Puerto Vallarta Zoo. Activists demand inspections as PROFEPA notes...
puerto vallarta heat

Puerto Vallarta heat set to carry into 2026 experts say

Puerto Vallarta heat is lingering into late October as an anticyclone and record greenhouse gases...
puerto vallarta day of the dead

Puerto Vallarta Day of the Dead marks second Recuérdame

Puerto Vallarta Day of the Dead returns Oct. 31 to Nov. 3 with the 30-meter...
Cancún daylight mugging

Cancún daylight mugging caught on video sparks outrage

Cancún daylight mugging filmed on Avenida Labná in SM 18 shows a woman pleading for...