Mexico Wins International Arbitration, Avoids Paying TV Azteca’s Million-Dollar Debt to US Creditors
The Mexican government has successfully avoided assuming a claim of over $219 million stemming from a financial dispute between US creditors and TV Azteca. According to recent developments, Mexico has won an international arbitration case, thereby avoiding payment of the debt. The outcome of the arbitration means that Mexico will not be required to pay the multimillion-dollar debt owed by TV Azteca to its US creditors.
Article and image source: laopinion.com
The Ibis Steel Plant reopens in Trinidad and Tobago, bringing 644 new jobs and economic…
Chef Reyanna incorporates vibrant Caribbean flavors while preparing a meal for Prince Swanny, sharing his…
US$750M Ibis Steel revival targets 1,000 jobs and major vanadium production at Point Lisas.
Tunapuna/Piarco officials are on a collision course with NGC over construction works they say proceeded…
Fuad Khan emphasizes effective police presence in addressing crime rates.
Kelsey Brathwaite, 34, missing from Cunupia since May.