Mexico's Sheinbaum wins landslide to become country's first woman president

MEXICO CITY – Claudia Sheinbaum won a landslide victory to become Mexico 's first female president, inheriting the project of her mentor and outgoing leader Andres Manuel Lopez Obrador whose popularity among the poor helped drive her triumph.

"For the first time in the 200 years of the republic I will become the first woman president of Mexico," Sheinbaum told supporters to loud cheers of "president, president". After preliminary results were announced, she told supporters her government would be fiscally responsible and respect the autonomy of the central bank.

The ruling MORENA party also won the Mexico City mayorship race, one of the country's most important posts, according preliminary results.Among the new president's challenges will be tense negotiations with the United States over the huge flows of US-bound migrants crossing Mexico and security cooperation over drug trafficking at a time when the US fentanyl epidemic rages.

"It cannot just be that there is an endless pit where you put public money in and the company is never profitable," said Alberto Ramos, chief Latin America economist at Goldman Sachs. "They have to rethink the business model of Pemex."

Presidential Election

پاکستان تازہ ترین خبریں, پاکستان عنوانات

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