Hours after declaring victory, Mexico’s newly elected president, the first woman to win the job, faced a market meltdown Monday and a tough path toward reconciling a country deeply divided by outgoing President Andrés Manuel López Obrador. Claudia Sheinbaum has promised to continue the political course set by her populist…
Hours after declaring victory, Mexico’s newly elected president, the first woman to win the job, faced a market meltdown Monday and a tough path toward reconciling a country deeply divided by outgoing President Andrés Manuel López Obrador. Claudia Sheinbaum has promised to continue the political course set by her populist predecessor despite widespread discontent with persistent cartel violence, the weakening of democratic institutions and fears among investors that an already hostile environment might become much worse. Gabriela Siller, director of analysis at Nuevo Leon-based Banco Base, noted that Sheinbaum's victory, along with an apparent super-majority in Congress for her Morena party, raised fears.
Mexico elects Claudia Sheinbaum as president, the first woman to hold the job q101online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from q101online.com Daily Mail and Mail on Sunday newspapers.
Mexico’s first female president held out an olive branch to the more than one-third of Mexicans who didn’t vote for her, but she faces a market meltdown and a tough path toward reconciling a country left deeply divided by outgoing President Andrés Manuel López Obrador. Sheinbaum, a climate scientist and former Mexico City mayor, said “our duty will always be to look out for each and every Mexican, without distinctions.” Long-delayed initial vote counts gave her a crushing margin of victory, higher even than the one López Obrador won in 2018. With about 78% of votes counted, Sheinbaum was getting about 59% of votes, about twice as many as her nearest competitor Xóchitl Gálvez, who got around 28%.
MEXICO CITY — Hours after declaring victory, Mexico’s newly elected president, the first woman to win the job, faced a market meltdown Monday and a tough path toward reconciling a