Mexico & Nafta - May 2005 (ISSN 1741-444X)
Transition starts disastrously for President Fox
The final 18 months of a presidential term have traditionally been nervy times for Mexicans and investors in Mexico. President Vicente Fox has not made an encouraging start to this tricky period. His decision to drop the petty prosecution of the mayor of Mexico City, Andrés Manuel López Obrador, shows how weak he already is. He can only become weaker as ambitious people switch from working or supporting him to ingratiating themselves with his successor.
The final 18 months of a presidential term have traditionally been nervy times for Mexicans and investors in Mexico. President Vicente Fox has not made an encouraging start to this tricky period. His decision to drop the petty prosecution of the mayor of Mexico City, Andrés Manuel López Obrador, shows how weak he already is. He can only become weaker as ambitious people switch from working or supporting him to ingratiating themselves with his successor.
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