Sunday, September 22, 2019

Mexico Facing A New Record For Homicides And A Sluggish Economy

Andres Manuel Lopez Obrador, Mexico’s president, speaks during a news conference at the National Palace in Mexico City. Photo: Bloomberg

Bloomberg: Mexico’s Record-Setting Homicides, Slugglish Economy Test AMLO

(Bloomberg) -- Mexico’s homicides in August show the nation remains on pace to break last year’s record, while a national poll showed President Andres Manuel Lopez Obrador’s approval falling as the economy teeters on the brink of a technical recession.

Murders rose 3.3% in the first eight months of the year to 23,063 from 22,316 last year, according to government data released Friday. The August toll rose to 2,966 from 2,954 in the same month a year ago. The uptick is unsettling investors already uncertain about an economy now estimated by the central bank to grow 0.2%-0.7% this year, down from 0.8%-1.8% previously.

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WNU Editor: President Andres Manuel Lopez Obrador is fast approaching his first anniversary as President of Mexico, and he is not succeeding on the two issues that he vowed he was going to solve .... lowering Mexico's homicide/crime rate, and improving the economy. I give him two more years to produce positive results, or he will be facing some serious backlash.

1 comment:

Mike Feldhake said...

The problem is how to slow the crime wave. It's simply no man's land in areas and too much corruption to stop it. I think Mexico and the US should have a combined forces action in the North to fight the cartels, bring stability to the region and retrain the police. But, that won't happen.