Judicial Strikes Escalate in Mexico Over Controversial Reform
Judges and magistrates protest against a proposal to elect judges by popular vote, causing market instability and a weakened peso.
- President López Obrador's judicial reform aims to combat corruption by electing judges through popular vote.
- Judiciary workers' strike has expanded, impacting federal court operations and market confidence.
- Critics argue the reform could politicize the judiciary and undermine checks and balances.
- President-elect Claudia Sheinbaum supports the reform, assuring it won't violate USMCA commitments.
- Morgan Stanley downgraded Mexico's investment rating, citing increased risks from the proposed changes.