Tag Archives: Morena

COVID blows AMLO legacy for lovers and haters alike

The COVID-19 pandemic has caused economic devastation and loss of life around the world, and we are now coming to the conclusion that the disease will rob us of one more thing some of us very much looked forward to seeing: The historical verdict on an AMLO government.  All our lives (or at least, in our case, since the López Portillo administration), we have parroted the same truisms about Mexican society: that all politicians are corrupt, the unions are corrupt, Pemex is corrupt, the police are corrupt, and generally that él que no transa no avanza — he who doesn’t engage in corruption doesn’t get ahead.  Continue reading COVID blows AMLO legacy for lovers and haters alike

Willy nilly Morena rattling nerves and markets

The presidency of Andrés Manuel López Obrador (AMLO) is already starting to feel like a slog, and it hasn’t even begun yet.  López Obrador  was elected in July and is set to begin his six-year term on December 1, but it certainly feels like he’s president already and an embattled one at that.  Memory can be hazy but it seems to us that in prior transition years, the president-elect maintained a far lower profile during the five-month period between election and inauguration and took care not to overshadow the sitting president.  That may be because in the past the transitions were largely between PRI administrations, or between the PRI and the PAN, which aren’t much different anyway. Continue reading Willy nilly Morena rattling nerves and markets

López Obrador transition off and running

Mexico put an end to months of dire warnings, hand wringing and speculation on July 1 with a presidential election that appears to have taken place without large scale violence or tampering.  To recapitulate, leftist candidate Andrés Manuel López Obrador won the election by a wide margin and the losing candidates conceded without delay.  The election was widely covered in the international press so we will not go into the details here.  We would, however, like to offer up some comments from our perspective on what’s happening during the five-month transition period before Mr. López Obrador is set for inauguration as Mexico’s next president on December 1. Continue reading López Obrador transition off and running