Mexico's Judicial Reforms Stir Investor Anxiety
Outgoing President López Obrador pushes for constitutional changes, raising concerns over economic stability and legal independence.
- López Obrador aims to implement 20 constitutional changes, including judicial reforms and social benefit mandates.
- Investors worry about the potential impact on Mexico's rule of law and economic stability.
- The peso has dropped significantly amid market concerns, with high inflation and fiscal deficits adding to the instability.
- President-elect Claudia Sheinbaum suggests a more cautious approach but remains loyal to López Obrador's policies.
- Record remittances are expected to support the economy despite the market's nervous outlook.