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Mexico's Judicial Reform Stirs International Tensions and Market Concerns

Proposed changes to elect judges by popular vote face backlash over potential threats to judicial independence and economic stability.

  • President Lopez Obrador's plan aims to elect judges and magistrates by popular vote, reducing Supreme Court size and term limits.
  • Critics argue the reforms will politicize the judiciary and compromise the separation of powers.
  • A Mexican judge has temporarily blocked Congress from debating the reforms, citing concerns over judicial workers' rights.
  • The U.S. and Canadian ambassadors have expressed concerns over the reforms' impact on trade and investor confidence.
  • Financial markets have reacted negatively, with the Mexican peso dropping significantly since the proposal's announcement.
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