Trump says wants border wall funding, sees possible DACA

11/7/2018 – Reuters

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Reuters/Kevin Lamarque

WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday said he hopes he can work with Congress on immigration to fund his border wall, as well as possibly addressing the thousands of young immigrants living in the United States without legal status.

Speaking to reporters at the White House after Tuesday’s congressional elections, he said he wanted to see U.S. lawmakers provide enough money to build his long-promised wall along the southern U.S. border with Mexico. But he said he would not necessarily force a government shutdown over the issue.

“We need the money to build the wall, the whole wall, not pieces of it,” Trump told reporters at a news conference at the White House following Tuesday’s midterm elections. “We need the wall, many Democrats know we need the wall, and we’re just going to have to see what happens.”

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Mexican Peso Gets Crushed as Lopez Obrador’s Election Lead Looks Untouchable

04/23/2018 Bloomberg

pesoMexico’s peso is all of a sudden the worst performing major currency as investors begin to accept that the next president is likely to be the populist firebrand they feared.

It’s a stark reversal that took hold over the past week, coming after the peso posted the biggest global gains in the first quarter amid optimism the country would reach a favorable outcome in trade talks with the U.S. and Canada. Now, traders are refocusing on the political outlook before the July 1 election, and see Andres Manuel Lopez Obrador coasting to victory.

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Trump tweets and Mexico’s presidential hopefuls fire back

04/03/2018 The Washington Post

trumpmexico_083116getty_0The targets of President Trump’s tweeted wrath are legion. They include online retail giant Amazon, the Democratic Party, the Federal Bureau of Investigation, the mainstream media and undocumented immigrants known as “dreamers.” But even among them, Mexico holds a special place of honor.

Trump, of course, launched his presidential campaign with an infamous slur against Mexicans and a promise to fortify the border using Mexican money. There have been endless complaints about Mexican trade, attacks on a “Mexican” judge (a native-born American, in fact) and any number of other broadsides.

So it’s hardly a surprise that on Sunday and Monday mornings — possibly provoked by Fox News coverage as well as ultranationalist White House aide Stephen Miller — Trump again focused his rage on the nation to the south. What followed was a blizzard of misinformation.

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Mexico’s Presidential Race Is Tightening, Poll Suggests

03/21/2018 Bloomberg

voting - ballot box 2Mexico’s presidential candidate Andres Manuel Lopez Obrador is leading by only 5 percentage points in the latest opinion poll, a sign the race may be getting tighter as the July election draws near.

Lopez Obrador, known as AMLO, led with 37 percent of voting intention, followed by Ricardo Anaya of the National Action Party-led coalition with 32 percent, according to pollster GEA-ISA. Ruling party candidate Jose Antonio Meade came in third with 28 percent, showed the survey, which removes undecided votes from the total. The results contrast with Bloomberg’s poll tracker, which currently shows the frontrunner 12.5 points ahead.

Mexican Candidates’ Advisers Face Off on Oil, Corruption and New Airport

03/14/2018 Bloomberg

df airport by Traveling Otter
Photo by Flickr user Traveling Otter

Advisers for Mexico’s top three presidential candidates found almost no common ground in a debate over their economic platforms in a sign of more clashes to come as the campaign heats up before July’s election.

They butted heads over front-runner Andres Manuel Lopez Obrador’s proposals to review Mexico’s landmark oil reform and to relocate a $13 billion new airport project. His adviser, Gerardo Esquivel, argued that the airport being built on sinking land is a waste of money, and he defended the leftist by attacking the current government’s record on corruption, arguing that it makes an audit of oil contracts necessary.

That led to heated exchanges over whose government and candidate have been more corrupt, mainly between advisers for those polling second and third as they seek the coveted runner-up spot, which would allow them to go head to head with Lopez Obrador.

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Mexican leftist leads by 13.6 point in presidency race: opinion poll

03/08/2018 Reuters

amloLeftist Andres Manuel Lopez Obrador leads by 13.6 percentage points in the run-up to Mexico’s July 1 presidential election and has an even bigger advantage over the ruling party candidate, a voter survey by polling firm Ipsos showed on Thursday.

The opinion poll seen by Reuters showed two-time runner-up Lopez Obrador, a former mayor of Mexico City, garnering 36.3 percent support in the election.

Running second on 22.7 percent was Ricardo Anaya, a onetime leader of the center-right National Action Party (PAN), who fronts the challenge of a right-left coalition.

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Mexico’s Carstens Urges Next President to Keep CPI Mandate

11/27/2017 Bloomberg

Outgoing Mexican central bank Governor Agustin Carstens warned Mexico’s next president that it would be very difficult and counterproductive to try to change Banco de Mexico’s exclusive inflation mandate.

Latin America’s second-largest economy will elect a new president in July 2018. After more than three decades of free-market technocrats, Mexicans could pick a leader who has threatened to implement changes to Mexico’s economic model, and could seek to give the central bank additional mandates such as employment or growth. Current front-runner and leftist firebrand Andres Manuel Lopez Obrador has recently acknowledged the importance of the central bank’s autonomy in helping to tame inflation.

In an interview with Bloomberg, Carstens said he’s confident that all of the presidential candidates will respect the central bank’s independence.

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Leftist president hopeful vows to erase Mexico’s corruption

11/20/2017 ABC News

Mexico’s leftist Morena party on Monday made eradicating corruption the centerpiece of its platform as its leader Andres Manuel Lopez Obrador runs for the presidency in next year’s elections.

Thousands of Morena’s most fervent supporters packed the capital’s National Auditorium to watch party bigwigs vote unanimously in support of the plan for governing if Lopez Obrador wins.

“We have in our hands the possibility of ending corruption,” Lopez Obrador said. “We’re going to banish it from our country.”

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Mexico election: Indigenous woman from rebel group to run for presidency

10/9/2017 Independent

An indigenous woman backed by Mexico’s rebel Zapatista movement registered over the weekend to run as an independent candidate in next year’s presidential election, adding to a growing list of hopefuls bucking established political parties.

Maria de Jesus Patricio Martinez is the spokeswoman for the National Indigenous Congress, the political arm of the Zapatista National Liberation Army (EZLN), and in May was picked to be the group’s 2018 presidential candidate.

Local media reported that after Patricio Martinez registered with the National Electoral Institute (INE), she pledged not to accept any funding from the government to run her campaign.

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Mexico’s 2018 Election Could Derail Its Oil Boom

9/17/2017 Oil Price

Three years ago, Mexico opened its energy sector to private investments in a landmark energy reform that ended more than seven decades of monopoly of its state firm, Pemex. Now Mexico has begun liberalizing gasoline prices as well.

After an initially slow start to attracting foreign investment, Mexico’s offshore oil auctions have recently started paying off, after an alliance (including foreign firms) announced a “world class discovery” estimated to hold more than 1 billion barrels of oil in place—one of the major global discoveries in the past five years.

In addition, supermajors Exxon, Chevron, and BP are opening or plan to open their first service stations to tap into the Mexican refined products market. Shell is the latest of Big Oil that entered the retail market, pledging US$1 billion in investment over the next 10 years.

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