Word: calderã
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...INAUGURATED. Felipe Calder??n, 44, as President of Mexico; after winning a July election by a margin of 0.56% over leftist Andrés Manuel López Obrador, who has refused to concede; in Mexico City. An hour before the conservative Calder??n took his oath in the congressional chamber, legislators allied with López Obrador--who has set up a parallel government--brawled with Calder??n partisans and barricaded doors in an attempt to delay the ceremony. In his inaugural address, Calder??n called for unity, saying, "To those who voted for others, I will not ignore your causes...
Four months after losing the presidential vote to Felipe Calder??n, former Mexico City Mayor Andrés Manuel López Obrador--alleging election fraud and dirty campaigning--launched a parallel government last week, even swearing himself in as Mexico's "legitimate" President. He plans to draft a constitution and prevent Calder??n's Dec. 1 inauguration by staging street protests...
...decades--in order to handle its demographic bulge--but lately has been producing about half that. A balance of at least 400,000 is heading across the border, and there is no end in sight. The bitterly contested July elections--narrowly won (by a margin of 0.6%) by Felipe Calder??n against the populist Andrés Manuel López Obrador--were largely fought over economic policies, as are, at least in part, the recent battles in Oaxaca. The campaign exposed a yawning chasm between those benefiting from the status quo and those falling further behind: almost 48% of Mexicans continue...
...referring to the broad reform agenda--fiscal, labor, energy and competition--that outgoing President Vicente Fox unveiled but then failed to deliver on. Although more politically adroit, Calder??n inherits a far more acrimonious political environment, in which López Obrador still insists he is the legitimate President. This surely will complicate Calder??n's dealings with the public-sector unions and with sensitive symbols like the national oil company, Pemex, which desperately needs foreign investment, now outlawed. "Mexico needs to think outside the sovereignty box," says Raul Rodriguez, former CEO of the North American Development Bank, but Mexico...
...rigorous tax collection, which would mean cracking down on rampant tax evasion--roughly at 50%--and the widespread abuse of legal but economically unjustified tax exemptions. "All businesses should pay tax without exemptions," says José Luis Barraza, president of the Consejo Coordinador Empresarial, a leading business group. But for Calder??n to do this on the scale needed would seem to mean taking on the powerful business interests that dominate his party (and hamstrung Fox), which played a decisive role in electing him in his razor-thin...