Threat of Contagion to Eurozone from Spanish Banks’ Huge Bet on Emerging Markets: UBS by Don Quijones • Apr 18, 2019 • 19 Comments Spanish banks expanded aggressively into Emerging Markets to flee the consequences of the euro debt crisis.
Time’s Running Out for World’s Most Indebted Oil Company by Don Quijones • Mar 10, 2019 • 23 Comments US rating agencies pressure Pemex and the new Mexican government. But Pemex is too big to fail.
Mexico’s Cash Cow: Remittances from the US & Other Countries Surge to New Record by Don Quijones • Feb 6, 2019 • 36 Comments These workers are a lifeline for Mexico.
Mexico Kicks Off War on its Vast Black Market for Oil by Don Quijones • Jan 1, 2019 • 18 Comments “It’s not easy to distribute and sell the pilfered contents of 600 pipelines each and every day.”
Resurrected Abengoa & Construction Giant OHL Flirt with Collapse by Don Quijones • Nov 17, 2018 • 24 Comments After years of dodgy accounting and mismanagement.
Whiff of Panic After Mexico Voted to Scrap Mega-Airport & Corruption Project by Don Quijones • Oct 29, 2018 • 37 Comments Now everything is up in the air, so to speak.
Defiant Energy Policy of Mexico’s President-Elect Rattles Moody’s and Fitch by Don Quijones • Oct 23, 2018 • 6 Comments But it’s going to be tough; he’ll need more than luck to pull it off.
President-Elect of Mexico’s Bombshell: Economy in “Situation of Bankruptcy” by Don Quijones • Sep 24, 2018 • 36 Comments And why are Bank of Mexico executives and employees resigning in droves?
Gangs of Oil Thieves Expand Their Business Model by Don Quijones • Sep 17, 2018 • 13 Comments Systematic “Petro-Plunder,” as we’ve come to call it, eats into Mexico’s energy sector.
Business Elite, Banks Panic after Presidential Front-Runner Threatens to Scupper Mexico’s Largest Infrastructure Project by Don Quijones • Apr 21, 2018 • 43 Comments A project of “mind-watering” magnitude in money and corruption.