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Good morning from the newsroom of the Financial Times.

Today is Wednesday, July 10th, and this is your FT news briefing.

Mexico's finance minister resigns over differences with President Andres Manuel Lopez-Obrador.

Shares in Levi Strauss slipped after the Jean's Maker's second earnings report since returning

to the public market, and pressure is mounting against Boris Johnson

as he tries to remain the front runner in the UK Conservative Party leadership race.

Plus, the F.T.'s Joe Renison tells us about a new threat to investors in the leveraged

loan market. I'm Mark Filipino, and here's the news you need to start your day. On Tuesday, Mexico's finance minister Carlos

Orsua resigned, citing differences with leftist president Andres Manuel Lopez-Obrador, also known as Amlo.

The move sparked a sell-off in Mexican financial assets, from the peso to government bonds.

The peso weakened as much as 2% against the dollar

to become the worst performing emerging market

currency of the day.

Here's F.T. Markets reporter, Colby Smith.

In his resignation letter, Mr. Orsua spoke of the many disputes that he's had with the president

and the fact that he's seen the imposition of officials who don't know about

public finances. These are pretty harsh words and they were greeted with much

surprise and investor angst and since Ammo's inauguration last December,

investors have raised a lot of concerns about his pension for populist policies,

his willingness to actually maintain fiscal stability,

...