The Mexico Institute, AL DÍA: News and Analysis from the Mexico Institute, 7/19/12
Each morning, through the Mexico Portal feature, “¿Qué opinan? Firmas del día”, we will bring you an assortment of op-ed pieces from five major Mexican dailies: Reforma, El Universal, La Jornada, Excélsior and Milenio. Enjoy!
Cada día, por la entrada titulada, “¿Qué opinan? Firmas del día”, vamos a traerles un surtido de artículos de opinión de cinco periódicos populares de México: Reforma, El Universal, La Jornada, Excélsior y Milenio. ¡Que lo disfruten!
Templo Mayor: It seems as if Luis Videgaray will not be Secretary of Finance, but instead will hold the position of Head of the Office of the President; Andrés Manuel López Obrador was warned, before he began the post-electoral conflict, by Cuauhtémoc Cárdenas and other PRD leaders such as Jesús Zambrano and Marcelo Ebrard that they will support him as long as he does not violate any laws.
Bajo Reserva “HSBC, otra bofetada a México”: The U.S. intelligence community continues to fight against terrorist organizations and transnational organized crime syndicates, for example heading investigations like the HSBC one, while Mexican authorities just look at the cases of corruption that are coming from the U.S. and do not develop any themselves; In his plan to defend democracy from unclean elections, Andrés Manuel López Obrador states that he will touring around the national territory to inform people on how to get free and clean elections; Gustavo Madero, President of PAN, and PRD President Jesús Zambrano will together be announcing irregularities that they detected in the results of the election.
Clase Política Miguel Ángel Rivera “Posturas ambiguas:” Peña Nieto says that he has faith that the other political parties will allow the processes established by the law to decide the election, even though he says that the positions taken by both the PAN and the PRD are, “somewhat ambiguous…”The permanent commission ratified some political reforms which recognize independent candidacies for any popularly elected office, the right of citizens to initiate laws and popular consultations…The TEPJF unanimously revoked the IFE’s sanction on the PRI for their publicity spot in which they had an audio tape of industrialists being solicited for $6 million for AMLO’s campaign.
Leo Zuckermann, “México: un país de bajo riesgo:” Zuckermann writes that the Fox and Calderón administrations did have successes, particularly in the economy, for example through serious and responsible macroeconomic policy, which has led to 12 years of stability and a mainly middle-class society. These policies are why Mexico is considered a low-risk nation for investment, as calculated by JP Morgan’s Emerging Markets Bond Index (EMBI). This is why the interest rate on Mexican bonds purchased in dollars is only 1.51%; compare this with Argentina which stands at 10.66%. Mexican bonds are also considered safer than those of many nations in Europe, for example than Spain and Greece. He concludes by saying that it was incredible to him that for some reason the PAN candidates did not discuss these economic successes which occurred under their party.