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19.05.26 - 02:01
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Lawfare? Royal Caribbean Sinks After Mexican President Orders Review Of Resort Project (ZeroHedge)
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Lawfare? Royal Caribbean Sinks After Mexican President Orders Review Of Resort Project
Shares of Royal Caribbean Group slid to session lows around midday after Mexican President Claudia Sheinbaum said her environment minister would review the cruise operator's proposed water park project in Quintana Roo, injecting new regulatory risk into the company's expansion plans.
President Sheinbaum was speaking at a regular press conference Monday morning, where she addressed a range of topics, from drug traffickers and President Trump to Royal Caribbean.
Sheinbaum said that SEMARNAT México, Mexico's federal environment ministry - formally the Secretaría de Medio Ambiente y Recursos Naturales - is conducting a very detailed review of Royal Caribbean's tourism project in Mahahual, Quintana Roo.
She assured that no construction would be permitted if it endangered the area's ecological balance.
La presidenta Claudia Sheinbaum informó que la @SEMARNAT_mx realiza un análisis muy detallado sobre el p...
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