Should Investors Take a Sheinbaum Victory for Granted in Mexico?

By Sergio A. Luna

Claudia Sheinbaum’s win in June is not inevitable, and the race could bring an unexpected post-vote scenario.

MEXICO CITY— In a year in which about half of the adult population in the world will vote and several national elections are set to be dramatic, Mexico is a puzzle. On June 2, the country will vote for president, 128 federal senators and 500 congresspeople, governors in nine states (including Mexico City), and local congresses and municipalities—all in all, a whopping 20,000 public offices will be up for grabs. Moreover, as happens every 12 years, electoral cycles in Mexico and the U.S. will coincide, and the former is bound to become an “electoral piñata” in the latter’s own...

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