LatinNews Daily - 05 December 2018

* International credit ratings agency Moody’s Investors Service has issued a statement warning of “mixed signals” on the part of the new administration led by Mexico’s President Andrés Manuel López Obrador which took office on 1 December. The Moody’s report cites as an example the cancellation of the new Mexico City international airport project (NAIM) and notes recent volatility in the exchange rates and the stock market as evidence of a growing concern among the financial markets regarding the future direction of economic policy in Mexico. At the same time Jaime Reusche, a Moody’s vice president, also highlights the solid financial position of the federal government as a positive.

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