Connect with us

Hi, what are you looking for?

Earnings PolicyEarnings Policy

Investing

Claudia Sheinbaum elected as Mexico’s 1st female president

Claudia Sheinbaum is projected to win Mexico’s presidential election and become the nation’s first female president in history.

‘I will become the first woman president of Mexico,’ Sheinbaum said at a downtown Mexico City hotel shortly after electoral authorities announced a statistical sample showed she held an irreversible lead, according to The Associated Press. ‘I don’t make it alone. We’ve all made it, with our heroines who gave us our homeland, with our mothers, our daughters and our granddaughters.’ 

The former Mexico City mayor said that her two competitors – Xóchitl Gálvez and Jorge Álvarez Máynez – had called her and conceded.  

The National Electoral Institute’s president said Sheinbaum had between 58.3% and 60.7% of the vote, according to a statistical sample. Opposition candidate Gálvez had between 26.6% and 28.6% of the vote, and Álvarez Máynez had between 9.9% and 10.8% of the vote. Sheinbaum’s Morena Party was also projected to hold majorities in both chambers of Congress. 

President Biden said Monday that ‘I congratulate Claudia Sheinbaum on her historic election as the first woman President of Mexico’ and that he looks forward ‘to working closely with President-elect Sheinbaum in the spirit of partnership and friendship that reflects the enduring bonds between our two countries.

‘I also congratulate the Mexican people for conducting a nationwide successful democratic electoral process involving races for more than 20,000 positions at the local, state, and federal levels,’ Biden added.

Sheinbaum, the AP reports, will also be the first Jewish leader of the overwhelmingly Catholic country. 

She will start her six-year term on Oct. 1. Mexico’s constitution does not allow re-election. 

The leftist has said she believes the government has a strong role to play in addressing economic inequality and providing a sturdy social safety net, much like her political mentor President Andrés Manuel López Obrador, who is also a member of the Morena Party. 

‘Of course, I congratulate Claudia Sheinbaum with all my respect who ended up the winner by a wide margin,’ López Obrador said Monday. ‘She is going to be Mexico’s first (woman) president in 200 years.’ 

The main opposition candidate, Gálvez, a tech entrepreneur and former senator, had promised to take a more aggressive approach toward organized crime. 

In her concession speech, she said, ‘I want to stress that my recognition (of Sheinbaum’s victory) comes with a firm demand for results and solutions to the country’s serious problems.’ 

Julio García, a Mexico City office worker, had told the AP he was voting for the opposition in Mexico City’s central San Rafael neighborhood.  

‘They’ve robbed me twice at gunpoint. You have to change direction, change leadership,’ the 34-year-old was quoted as saying. ‘Continuing the same way, we’re going to become Venezuela.’ 

The Associated Press contributed to this report.

This post appeared first on FOX NEWS

Enter Your Information Below To Receive Latest News, And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    FBI Director Christopher A. Wray, who has been increasingly under attack from congressional Republicans, pushed back against his critics in a new interview, saying...

    Economy

    Everything You Need to Know about Tax Saving Deposit Navigating the world of investments can be daunting, especially when looking for options that offer...

    Economy

    USDCHF and USDJPY: USDJPY is testing support at 150.00 The USDCHF pair jumped to 0.91126 levels on Wednesday, forming a new three-week high. The...

    Latest News

    One ripple effect of the Israel-Gaza war is the warp-speed unraveling of relations between President Biden and some of his most loyal voters: Muslims...

    Disclaimer: earningspolicy.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 earningspolicy.com