Connect with us

Hi, what are you looking for?

Latest News

Mexico pauses relations with US and Canadian embassies

Mexico’s President Andrés Manuel López Obrador is halting diplomatic relations with the US and Canadian embassies after their ambassadors criticized his proposal to have judges elected by popular vote.

López Obrador announced the move during his daily press conference on Tuesday, saying the “pause” is with the embassies and not the countries. He said relations will be reestablished once the diplomats are “respectful of the independence of Mexico, of the sovereignty of our country.”

López Obrador’s proposal for judicial reform is part of a package of constitutional changes he has been seeking, which have yet to been approved. On Monday, a congressional committee approved the proposal, and it now requires two-thirds approval in both chambers of Congress.

The reforms include a range of issues in areas like pensions and the energy sector, but they also include controversial judicial and institutional reforms, which critics say would weaken the separation of powers and see the disappearance of some independent regulatory agencies.

US Ambassador to Mexico Ken Salazar said last Thursday that he believes a “popular direct election of judges is a major risk to the functioning of Mexico’s democracy.” Salazar stressed that judicial reformneed to ensure the judiciary would be strengthened and not “subject to the corruption of politics.”

The ambassador also said the move could impact the US-Mexico trade relations. The US and Mexico are each other’s top trading partners.

Canada’s ambassador in Mexico, Graeme Clark, has warned of investor worries due to the proposed judicial reforms, and voiced concern about the “disappearance” of some autonomous bodies.

After López Obrador’s press conference on Tuesday, Salazar posted a note on X reiterating the “significant concerns” the US has over the judicial reform.

Several US lawmakers also expressed their concern on Tuesday, saying judicial reform will jeopardize “critical economic and security interests shared by our two nations” including a regional trade pact.

“We are also alarmed that several other constitutional reforms currently under discussion may contradict commitments made in the U.S.-Mexico-Canada Trade Agreement, which is scheduled for review in 2026,” read a statement from the US Senate’s Foreign Relations Committee.

The constitutional reforms include eliminating several independent regulatory bodies and merging others that the government claims are duplicating functions. López Obrador is seeking to shutter the Personal Data Protection Institute (INAI). The regulator in February launched an investigation against López Obrador after he disclosed the personal phone number of a New York Times journalist.

The Mexican leader previously hit back at the criticism of his planned reforms saying that he is seeking “to establish constitutional rights and strengthen ideals and principles related to humanism, justice, honesty, austerity and democracy.”

This post appeared first on cnn.com

Enter Your Information Below To Receive Free Trading Ideas, 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

    Investing

    Overview Rua Gold (CSE:RUA,OTC:NZAUF,WKN:A4010V,OTCQB:NZAUF) is a gold exploration company focused on two prolific, historic gold-producing regions in New Zealand: Hauraki Goldfield and Reefton Goldfield....

    Editor's Pick

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Stock

    Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly growth for...

    Economy

    The Israel Defense Forces (IDF) announced the death of Fuad Shukr, the Hezbollah commander who was behind a drone strike that killed 12 children...

    Disclaimer: wisetradeinvesting.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 wisetradeinvesting.com