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    Mexico's finance minister quits abruptly, sending peso tumbling

    by Kate Linthicum, Los Angeles Times Jul 09, 2019 2 minutes

    MEXICO CITY - Mexico's finance secretary abruptly resigned Tuesday over disagreements with the left-wing government of President Andres Manuel Lopez Obrador, which he accused of fiscal "extremism."

    The unexpected departure of Carlos Urzua seven months into Lopez Obrador's presidency sent stocks and the peso plunging and renewed worries among investors still wary after the president's cancellation of a $13 billion airport project that was underway outside Mexico City.

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