Mexican president vows to help the poor, not big companies amid coronavirus crisis

Mexico City - Mexican President Andres Manuel Lopez Obrador said on Monday he would focus his response to the coronavirus outbreak on helping the poor rather than major companies as the virus spreads in Mexico, and that he would unveil more details on Tuesday.

Although the government has yet to take drastic measures to slow the contagion, such as issuing travel bans or requiring self-isolation, it has banned large events, suspended classes in primary schools and recommended people keep distance from others. Already, small businesses have begun to reel from the impact across the country, where millions live in poverty.

"No more rescues in the style of the neo-liberal period, that provided for banks, big companies. They shouldn't even be thinking that there will be tax forgiveness or other mechanisms that were used before," he said.

Source: News Formal (newsformal.com)

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WATCH: Ramaphosa, party leaders address nationPresident Cyril Ramaphosa and various party leaders addressed the nation about the coronavirus pandemic. Sign language interpreter please for important announcements such as these! scheragne Why are you not streaming this To Etv
Source: eNCA - 🏆 49. / 51 Read more »

'Ramaphosa is also working from home': SA Twitter slams leadership amid coronavirusSouth African Twitter has wasted little time in commenting on President Cyril Ramaphosa’s leadership during the coronavirus crisis. While the underprivileged, informal settlements are drenched in the rain 💩💩💩💩🙊🙈 When ordinary men and women are putting their lives at risk by keeping the country functioning what a Cowardly act you shld be last as commander in Chief don't be such dicklicker ! He could see what other countries did and what brought the best result. But till now he and his buddies are so stupid an see the economy first, not the people. There is NO time to waste. He is doing nothing else !
Source: IOL - 🏆 46. / 51 Read more »

SA ‘bleeds to death’ as state stays mum on Covid-19 economy planThe economy waits with bated breath as President Cyril Ramaphosa's meetings on the Covid-19 pandemic continue. He will only address South Africa tomorrow. Economists are hoping he will 'think out of the box'. Maar why We may be expecting too much. Way too much from him. For as long as we have praise singers as journalists, we are doomed as a society.
Source: City_Press - 🏆 7. / 72 Read more »

World Athletics chief Sebastian Coe calls for Olympics postponementThe Tokyo Olympic Games are not feasible at their current July starting date because of the coronavirus pandemic and must be delayed, World Athletics president said on Sunday.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Nigerian sex workers urged to suspend services amid coronavirus outbreakThe National Association of Nigerian Prostitutes has called on its members to suspend their services until further notice. It won't drop its 'oldest profession' status because of a little bug. It has survived worse. If this isn't the funniest thing to come out of COVID19 I don't know what is...Ladies of the night! No work! 😂 😂 😂
Source: IOL - 🏆 46. / 51 Read more »

Liverpool FC offer stewards to supermarkets amid coronavirus panicThe chief executive of English football giants Liverpool has offered the club's stewards to local supermarkets as customers clamber for goods amid the cornavirus outbreak.
Source: SowetanLIVE - 🏆 13. / 63 Read more »