“In a country like Mexico, with a history of corruption and widespread drug-related violence, such a plan is especially risky,” he said. the article ‘The retrograde trajectory in Mexico regarding the rule of law’.
The Financial Times noted that reforming the police and prosecutors’ offices would be a better solution to the problems facing the country. “Senators should reject the reforms because they will not address the impunity and corruption that plague Mexico’s legal system,” the editorial said.
The British media outlet accused the president of describing trade and investment generated by the North American Free Trade Agreement as “a ‘nightmare’ period of neoliberalism and its ‘servile and plundering’ economic policy.”
Instead, Lopez Obrador has pushed the “Fourth Transformation,” billed as a nationalist agenda with a state-dominated economy “aimed at improving the lot of the masses under the tutelage of his increasingly powerful Morena party,” he said.
The editorial noted that the expectation of greater prosperity has not been met, as it noted that López Obrador’s six-year term has been the one with the lowest growth so far this century, in addition to losing the opportunity to move manufacturing away from China.
The newspaper noted that the next president, Claudia Sheinbaum, is the successor “chosen by López Obrador” who supports the legal reforms of the current president, as well as the handing over of greater power to the Army and the weakening of institutions such as autonomous bodies.
“The president-elect still has time to reconsider her party’s move away from American values and institutions. She should do so before investors start to revalue Mexico as a Central American economy,” warned The Financial Times.
