Braskem Idesa leads Lat Am down after Amlo comments

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Braskem Idesa leads Lat Am down after Amlo comments

Amlo, Sonora, Mexico, Andres Manuel Lopez Obrador, president, LatAm
Mexican President Andres Manuel Lopez Obrador arrives at La Mora ranch, in Bavispe, Sonora State, Mexico, to meet with relatives of the Mormon massacre victims, on January 12, 2020. President Lopez Obrador met with members of mormon families Lebaron and Langford, two months after 9 members belonging to them were killed in an ambush near La Mora, an isolated community in the Mexican Northern State of Sonora; 6 children and 3 women died in an attack perpetrated by suspected members of a drug cartel. (Photo by David Peinado/NurPhoto) | David Peinado/NurPhoto/PA Images

Mexican polyethylene producer Braskem Idesa’s 2029s were the worst performing bonds in emerging markets on Wednesday after the country's president Andrés Manuel López Obrador said he was analysing whether he could break a contract under which Pemex supplies the company with ethane.

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