July 9, 2019 / 5:09 PM / 7 days ago

Mexican FinMin's resignation "unexpected, negative," says Goldman Sachs

MEXICO CITY, July 9 (Reuters) - The resignation of Mexico’s finance minister is “an unexpected and negative development,” Goldman Sachs wrote in a note to investors on Tuesday, adding that the move hinted at “significant policy and inter-personal frictions” in the government.

Mexican Finance Minister Carlos Urzua, a moderate and widely respected figure, resigned on Tuesday, citing deep differences over economic issues. The move dealt a blow to Mexican President Andres Manuel Lopez Obrador, who named a well-regarded deputy minister to replace him. (Reporting by Anthony Esposito; Editing by Julia Love)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below