Word: calderã
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Kennedy School graduate Felipé Calder??³n Hinojosa was elected president of Mexico on Sunday, dispatching the leftist former mayor of Mexico City, Andrés Manuel López Obrador, after a tight race that was too-close-to-call until the official count was finished yesterday...
...Calder??³n, a former energy minister and the candidate of outgoing President Vicente Fox’s ruling National Action Party, focused his campaign on reviving the Mexican economy, promising to increase foreign investment, reduce tax rates, further liberalize trade, and maintain tight monetary policy...
Though preliminary results had shown Calder??³n leading by 400,000 votes, or about one percent, the official count yesterday, with 100 percent of the electoral districts reporting, gave him a margin of 234,000 votes out of 41 million cast. The Federal Election Institute reported that Calder??³n received 35.9 percent of the vote to López Obrador’s 35.3 percent. López Obrador has declared that he will protest the results and had demanded a recount in the electoral courts...
...critics also say López has a self-righteous streak that colors his campaign, such as when he refused to take part in the first presidential debate. The Harvard-educated Calder??n, 43, has run negative ads that equate López with Latin America's left-wing bogeyman, Venezuelan President Hugo Chávez, and he charges that López's social welfare agenda will jeopardize the nation's decade-long economic recovery and return Mexico to the debt nightmares of its past...
Such tactics have helped the uninspiring Calder??n close López's once-sizable lead in the polls, although he suffered a setback this month when López disclosed that while Calder??n was Fox's Energy Secretary, his brother-in-law received a piñata of lucrative federal contracts. Says political analyst Sergio Aguayo: "The fact that López is daring to come to the presidency without his hands tied by privileged interests is something new for Mexico. And it scares a lot of powerful people...