President Enrique Peña Nieto works to soothe Mexico tensions

Enrique PeñaNieto 2Financial Times, 4/24/13

Mexico’s four-month-old administration on Wednesday appeared to overcome its first political crisis after opposition leaders said that they had largely settled their differences with the government. The agreement, which came after an emergency meeting of party heads, appears to put the government’s economic reform back on track in a turnaround that will doubtless ease investor concerns.

Billions of dollars have flowed into Mexico in recent months on hopes that centrist President Enrique Peña Nieto of the Institutional Revolutionary Party will push a series of reforms aimed at transforming Latin America’s second-largest economy into a more vibrant emerging market.

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