Monday, 23 July, 2018

Left-wing president elected in Mexico

Supporters of Mexico's presidential candidate Andres Manuel Lopez Obrador standing for the Anti-Trump mood sways Mexican voters in U.S. in favour of Lopez Obrador
Jodi Jackson | 04 July, 2018, 07:28

"There is much to be done that will benefit both the United States and Mexico!".

The United States, which works closely with Mexican law enforcement in its fight against drug cartels, was tired of a softening of Mexico's security policies.

President Trump says he'll announce his Supreme Court nominee on July 9 and that he's considering two women as possible replacements for retiring Supreme Court Justice Anthony Kennedy.

He also once referred to Mr Trump as "erratic" and "arrogant" at a rally in Mexico City, NPR reported and also criticised Mr Trump's campaign promise to build a wall and said: "we won't allow his wall or mistreatment of our fellow migrants in the United States".

And he paid tribute to the role in the campaign played by outgoing President Enrique Pena Nieto and the media, both of which have felt the bite of his scorn in the past. Mexicans deplored that subservient behaviour.

And what to make of Trump's propensity for erratic behavior in matters involving Mexico? He lambasted the "erratic" United States president's "hate campaign" against Latin American migrants and criticised what he called an "arrogant, racist and inhumane" family separation policy. Now he has to deliver on his promises.

But Mexican attitudes towards the U.S. changed significantly in the 1990s.

"AMLO is highly likely to targeting specific businesspersons or sectors, either through the cancellation of contracts awarded by the current administration or through a targeted tax collection strategy focused on large Mexican firms and businesspersons perceived to belong to what AMLO describes as representing the "Power Mafia".

Lopez Obrador's victory was expected by many to further worsen Mexico's already frosty relations with the USA, whose president, Donald Trump, has slammed the country over illegal migration and pressured it to pay for a border wall. He was the seventh journalist killed in Mexico this year.

In his account, Lopez Obrador did not mention trade, and Trump gave no further details on a possible trade pact.

Trump, for his part, has threatened to withdraw the United States from the agreement, which he routinely describes as one of the worst deals the USA has ever entered into.

Dayra Valdes is a Mexican-born migrant who calls Anchorage home.

Throughout his election campaign, Obrador has been openly critical of President Trump and his proposed border wall.

Mexico voted for their new president with hope for real change.

He won the election Sunday in a landslide with about 53 per cent of the votes against three competitors, after coming up short in two previous runs for the presidency. His approval ratings plummeted in 2017 to an all-time low of 12 percent. "For the first time, history will be written on the side of the poor".

Mexican presidents are limited by law to a single term.

It is amid this atmosphere of rejection of the servile Mexican political elite that AMLO was elected president. So tune in to find out all the latest on what this election will mean for Mexico and its relationship with the US.

"We are actually quite optimistic about the outcome of the election", said Paul Greer, a portfolio manager at Fidelity International.

In addition to calling President Trump "erratic and arrogant", a two-time failed presidential candidate published a book condemning Trump's plan to build a wall on the southern USA border.

There also are question of whether he will be able to work with Trump on trade and immigration. In so doing, perhaps Mexico could become a front yard of the world. "The changes will be profound, but in accordance with established order". Stocks also slipped, along with the country's dollar-denominated notes. But it is still unclear how he will implement them all. "There was respectful treatment and our representatives will speak more".

The peso declined as much as 1.3 percent after results of the Sunday elections signaled his Morena party was set to enjoy broad support in Congress.

So he has to act now and translate his rhetoric into actions.

He also began campaigning relentlessly around Mexico with the message that he alone could fix the country's problems, calling out his opponents as corrupt and inept.

If AMLO fails in this, he will face the same fate as Nieto: His popularity would hit rock-bottom. The views expressed in this commentary are exclusively hers.

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