| Bankruptcies Loom as Drop in Oil Prices Hurt Mexico's Construction Industry Martin Markovits - CCTV America | |
| go to original December 22, 2015 |
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The drop in oil prices has hurt Mexico’s ability to pay government contractors. For a country like Mexico which is dependent on oil revenues, the problem is getting worse as the country’s top construction company might be heading towards bankruptcy because of late payments.
Related: Mexico's Empresas ICA Loses a Third of Market Value After Unveiling Restructuring Plan (EFE)
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