“Markets have reacted nervously to the comprehensive victory of Sheinbaum and the ruling Morena party in the June 2 elections. The Mexican peso slumped to as low as 18.97 to the US dollar on Wednesday morning, a depreciation of over 10% compared to its pre-election level.”
MND Staff
“The rule of law will be strengthened, the national electricity system will be strengthened” by forthcoming reforms, Sheinbaum assured investors.
The new administration has unequivocally chosen its side in the current U.S.-China trade conflict, the former ambassador told Mexico News Daily in an exclusive interview.
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One year after its approval, the Trion oil field is moving forward with a major investment from Woodside.
