06-2021 Latin American Economy & Business
Economy & Business Report
Colombia loses investment grade with S&P
Donald Trump’s victory in the US presidential elections creates significant uncertainty for Latin American governments but above all it poses major diplomatic and domestic policy challenges for the Mexican government led by President Enrique Peña Nieto. It was, to say the least, not the result most Mexicans were hoping for. However, what was once considered far-fetched and improbable is now a fact: Mexico is therefore having to think of a root- and-branch reassessment of bilateral relations with its powerful neighbour.
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