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Claudia Sheinbaum · Mexico CityMexico’s Finance Ministry announced Tuesday it will launch a new financial operation to support the country’s embattled state oil company, Pemex—the most indebted energy firm in the world. The operation involves issuing “Pre-Capitalized Notes,” a form of financing designed to strengthen Pemex’s balance sheet without a direct government guarantee. The plan—part of an ongoing effort to prop up a company mired in debt, production decline, and opera…See the Story
Mexico Unveils Financial Maneuver to Stabilize Debt-Laden Pemex
38% Right coverage: 8 sources
Donald Trump · BrazilThe Brazilian mining industry is warning of dire economic consequences if the government resorts to reciprocal tariffs in retaliation for US President Donald Trump’s threatened 50% levy starting Aug. 1.See the Story
Brazilian Miners Warned of Potential $1 Billion in Tariff Pain
67% Left coverage: 3 sources
