Due to increasing economic stability and a growing population, Brazil is now widely considered an economic powerhouse capable of maintaining and attracting foreign direct investments.(1)(2) However, recent corruption schemes, changes in monetary policy, and the ongoing 2008 global financial crisis have undermined Brazil’s shining reputation. In light of Brazil’s governmental intervention, the number of state-controlled enterprises, the growing debt-to-GDP in the private sector, and inflation rates, investors have begun to turn their attention to other economies in Latin America, especially Mexico.(3)
Thousands of people marched through Mexico City to denounce the July 1 election of Enrique Peña Nieto as president, though the protest was smaller than one held earlier this month.
Mexico's ruling conservatives lent their support to accusations that President-elect Enrique Peña Nieto benefited from laundered money in his campaign, piling more pressure on the country's next leader.
Enrique Peña Nieto won Mexico's July 1 presidential election by 3.3 million ballots, or almost 7 percentage points, although allegations of excessive campaign spending and voter fraud could be reviewed by the electoral tribunal, officials said.
Mexican president-elect Enrique Peña Nieto said in an interview that his administration will step up efforts in South America to repair the country’s image, including seeking a strategic alliance with Brazil.
Mexico's election officials on Wednesday recounted votes from more than half the polling booths in Sunday's presidential and congressional elections, responding to claims of fraud and requests for recounts in areas where the race was tight
Enrique Peña Nieto leads his rivals in exit polls of Mexico’s presidential election as he seeks to return the once-dominant Institutional Revolutionary Party to power after a 12-year hiatus.
By Gwynne Dyer - There’s no point in talking about who’s going to win the Mexican presidential election on July 1. Enrique Peña Nieto is going to win it. What’s more interesting is why he’s going to win it.
Mexican presidential front-runner Enrique Peña Nieto filled most of Latin America’s largest soccer stadium on Sunday for his last rally in the capital before the July 1 election, pledging to root out drug violence.
Mexico's presidential front-runner Enrique Peña Nieto has maintained a wide lead over his rivals with less than two weeks remaining until the July 1 election, an opinion poll showed this week.