Mexico Weighs Options to Absorb Up to $40 Billion of Pemex Debt

-- Mexico is studying options to absorb as much as $40 billion in Pemex debt, the equivalent of what will come due in the next presidential term, one of its top finance officials told investors in New York.Trump Judge Indefinitely Postpones Documents Case Trial

Yorio serves under Finance Minister Rogelio Ramirez de la O, whom presidential frontrunner Claudia Sheinbaum has publicly lobbied to remain in his post as she campaigns to keep the ruling party in power. Pemex’s oil production has slumped by half from its peak about two decades ago. It’s been plagued by accidents, oil spills and methane leaks as money that could be going to repair aging infrastructure is instead spent on interest payments and unpaid invoices.

Neal Katyal also summed up the latest defense by the former president's legal team in his hush money trial as "atrocious." The Democratic National Committee is slamming former President Trump as “a con artist,” following reports that Trump is dining with donors who supported his mug shot digital trading cards. Trump, who has the day off from court Wednesday, is expected to host a dinner at his Mar-a-Lago estate in Florida with donors who bought…Martial arts performer Steven Seagal may face sanctions from the European Union after attending Russian President Vladimir Putin’s inauguration in Moscow.

Source: Loan Digest (loandigest.net)

Pemex Bloomberg Sovereign Debt Minister Gabriel Yorio Claudia Sheinbaum The Government

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