Mexico City., President Andrés Manuel López Obrador denied that there is a pause in foreign investments due to the discussion on the reform of the Judicial Branch, as reported by the American newspaper The Wall Street Journal. In contrast to these statements, he emphasized that more capital is arriving in Mexico from abroad.
“They attacked all the (foreign) newspapers. It’s not true, it’s not true, on the contrary, more investments are coming in,” he replied to a question on the subject.
According to an editorial in the American newspaper, the constitutional amendment on judicial matters, which is expected to be approved this week, worries foreign investors who fear that judges will become dependent on voters or political considerations rather than the law, which is why it is estimated that foreign firms would be withholding 35 billion dollars in investment projects.
The federal president, in his morning press conference on Monday, also denied the claims made by The Economist that his successor, Claudia Sheimbaum, “will inherit a poisoned chalice in Mexico.”
In response, the Tabasco native described the international media as “pamphlets” that protect the interests of large corporations.
“The Wall Street Journal, the New York Times, the Financial Times, the Washington Post… yesterday The Economist published that I am going to inherit a poisoned economy, or something like that. They are tabloids, it is very unfortunate that these newspapers that are supposed to be serious, are more than anything famous, but they are not professional.”
He said that these foreign media “have a problem from the start, a bad thing from the start: they defend and protect the interests of large economic-financial cooperations, and that takes away their professionalism and objectivity. And here in Mexico there was the practice of using them to applaud or to keep quiet.”
The head of the Executive also stressed that even if the peso were to devalue at the end of his administration, “it would be the six-year term in which it has devalued the least” in 50 years.
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– 2024-09-12 05:12:57
