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Mexico & Nafta - May 2012 (ISSN 1741-444X)
The recovery comes too late for the PAN
The tables have turned. Even as Brazil’s government intervenes ever more actively in a desperate bid to stop the economy’s slide, prompting local markets to dive, Mexico’s finance ministry (SHCP) expects a first quarter result of about 4.0% year-on-year, up from 3.7% in the fourth quarter of 2010. The growth is both broad based, in other words driven by domestic and external demand, and is creating jobs. Inflation is low and real wages are rising. In any other scenario, that would normally help propel the incumbent party to re-election.
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- Colombia and Mexico join forces against organised crime
- Calderón pays a long awaited visit to Cuba
- The recovery comes too late for the PAN
- Wal-Mart case casts a long shadow
- Mexico City election campaign also one to watch