‘Amlo continues to be Amlo’: The president of Mexico was not offended by a hamstring injury

If Mexican President Andrés Manuel López Obrador was criticized for his loss in the by-elections this month, he did not show.

In the early hours of the morning after the June 6 vote, the government issued an order to promote Supreme Court President Arturo Zaldívar, who is close to the president, over which opponents may fear that López Obrador will extend his term beyond 2024.

Within days, the President has pledged to continue legislative reforms in electronics, elections and security, even if he lost two-thirds requirements for congressional reform. He criticized journalists for “perverts, gossip, immorality” by poisoning voters against him and threatening middle-class people as riders of self-interest.

While there have been strong evils, for some this seems like a normal business for López Obrador instead of moving on to another segment after his Morena party lost nearly five seats in congress and more than half of Mexico City.

“Obviously Amlo will continue to be Amlo, and this is what businesses and individuals should learn to be – we will not change him,” said Antonio del Valle, chief executive of Mexico Business Council representing the country’s largest companies, using the name President.

“But after three years, we can understand here that he will not change politics, will not change his financial policies… And that is very encouraging to me.”

Top business leaders have learned to ignore the former soldier’s dangerous message and clap their hands in protest at being forced to borrow large sums of money, as some have left in Latin America.

A senior official, who asked not to be named, said the President “had exploded and was worse than his bite”.

While his claims are still controversial, many observers expect a slight deviation from the original plan he has devised to achieve its “transformation” in Mexico: social programs to address extreme inequality, construction projects in the Southeast to create jobs and self-reliance based on oil.

After his tenure as mayor of Mexico City in 2000-05, when López Obrador showed interest, “I expected him to be very active, and he never was,” said Porfirio Muñoz Ledo, a Mexican minority who left and was one of the few in the Lord’s opposition opposition party. President.

López Obrador’s ambition to extend Zaldívar’s time to find legitimate courts and his revolt against the IE election monitors, as well as the independent judiciary, is ringing bells.

“I believe they will not encourage the president to criticize organizations,” Munoz Ledo said. “The Mexican leadership is already strong.”

Claudia Sheinbaum, a defender of López Obrador and the mayor of Mexico City, slammed what she said were anti-election rhetoric as entering Mexico’s democracy and “the idea that it will be the last time to vote because we are going to violence”.

Graham Stock, a partner of BlueBay Asset Management, saw a “slim chance” for López Obrador to change without a major congressional party and refused to be compared to Venezuelan dictator Hugo Chávez.

“They’re a waste of money, so they can’t waste money anytime soon,” he said. “The violence is the destruction that his detractors have been trying to make happen – I will not buy it… It is not the next Chávez, he is very different from the others.”

After winning the flood in 2018, López Obrador still kept its audience loyal by offering cash, higher pensions and a significant increase in low wages. His strong refusal to take out more loans meant that there was no boost to the Covid-19 program, which caused more financial problems last year than most Latin American counterparts.

Jorge Castañeda, a former foreign minister from the radical PAN party, said he believed López Obrador had lost the opportunity to use his “great credentials” to make major changes.

“What you have to do is not do it, even if it means: a big change in taxes,” he said. López Obrador has promised to close the loopholes instead of raising taxes.

Gerardo Esquivel, vice-chancellor of the Bank of Mexico, said: “It may seem short, but it’s the right idea.” “All the old experiments on economic transformation have been difficult politically….

Mexican economy now on return received 8.5% in 2020 and is growing at a rate of 6% or more this year, with the help of President Joe Biden’s $ 1.9tn stimulus package in the US.

But the instability, which was caused by López Obrador’s ban on the airport and a few infrastructure, weighs heavily on the amount of money that Mexico needs to get out of the weak point.

López Obrador’s relentless onslaught of political enemies, including the rich, the press, and the business community, has raised concerns about the potential for further division of the already broken and violent faction.

“The most important thing is to stop dividing the country: the rich against the poor, the north against the south,” said the head of a bank in Mexico. “We all need to paddle one side for the boat to move forward.”