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Mexico - June 2021
Introduction
June marks the halfway point of the year, as well as of President Andrés Manuel López Obrador’s term in office. This month’s Latin American Regional Report: Mexico outlines the threat that the violence that afflicted the midterm elections poses for Mexico’s democracy; the impact a nationwide drought is having and the risk that this could become a recurrent problem; and the doubts over whether the government’s purchase of an oil refinery represents a good deal. It also evaluates the reaction to the change López Obrador announced at the helm of the central bank and the implications of the US degrading Mexico’s aviation safety rating.
- Introduction
- Mexico sees another electoral process marked by violence
- Nationwide drought is warning of things to come
- Concerns over cost and potential success of refinery purchase
- Markets react positively to new Banxico and SHCP appointees
- Downgrading of air safety rating will complicate airlines’ recovery
- ECONOMIC HIGHLIGHTS