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Free AccessLocal News - VP Harris To Meet With AMLO May 7
- U.S. Vice President Kamala Harris will speak with President AMLO via video conference on May 7. The meeting will be centred around his proposal to expand a tree-planting program to Central America as a way to reduce poverty and migration, according to Mexico's foreign minister over the weekend.
- In a statement, the business lobby, CCE, said negative signals being sent out to companies had helped to cause a 75% drop in energy sector investment between 2018 and 2020 and meant that the country had missed out on creating over 200,000 jobs.
- The CCE urged the leftist government to pursue dialogue with the private sector rather than adopting "ideological positions" that were damaging the country's economic welfare.
- The new law extending the term of the Supreme Court Chief by two years has sparked fresh concerns over President AMLO's attempts to concentrate power. The bill extends the term of the entire Judicial Council, which manages the country's federal courts and can investigate and fire judges if it finds wrongdoing.
- The bill is part of broader reforms that seek to improve efficiency and reduce corruption in Mexico's judiciary. However, the bill's passage is adding to worries among legal scholars and political analysts surrounding AMLO's initiatives.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.