Mexico to send Google letter over Gulf of Mexico name change
1. Mexico's President protests Google's name change for the Gulf of Mexico. 2. This could impact Google's relationship with the Mexican government.
FAQ
Why Bearish?
Any strained governmental relationship can lead to regulatory scrutiny, affecting GOOG.
How important is it?
Interaction with foreign governments can significantly impact operational dynamics for global companies.
Why Short Term?
The situation is developing and may lead to immediate consequences in public perception.