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Mexico's president vows to press ahead with changes to Constitution despite market nervousness

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Mexico News

Mexico Government,Andres Manuel Lopez Obrador,Mexico City

Mexico’s president pledged to press ahead with judicial reforms that have made investors nervous, and suggested remittances would shore up the country's economy.

Outgoing President Andrés Manuel López Obrador shows his ID after voting in general elections in Mexico City, Sunday, June 2, 2024. President Andrés Manuel López Obrador discounted the 7% drop in the value of the peso against the U.S. dollar in the week following Sunday’s elections and claimed Mexico’s economy was sound.

“There are justices who are employees of the big corporations,” López Obrador said at his morning press briefing. “They have some judges on their keychains.”Hundreds of asylum-seekers are camped out near Seattle. There’s a vacant motel next door He pledged to continue to press for 20 constitutional changes, including one that would undo the country’s current system of individual retirement accounts and the elimination of most independent government oversight and regulatory agencies.

 

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Mexico's president vows to press ahead with changes to Constitution despite market nervousnessMexico’s president pledged to press ahead with judicial reforms that have made investors nervous, and suggested remittances would shore up the country's economy
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