Why is Pena Nieto not smiling?

Foreign Policy, “The Call,” 07/05/2012

At first glance, the Institutional Revolutionary Party (PRI) is the clear winner of Mexico’s July 1 presidential election. But a closer look at the results reveals a more muddled picture.

The PRI’s pick-ups and the PAN’s failure to retain the presidency were largely predicted in the weeks preceding the election. What came as a surprise was Pena Nieto’s inability to reach the critical 42 percent threshold of total votes, which translated into a weaker performance for the PRI in the congressional races.

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