August 2018, Vol. 245, No. 8

Editor's Notebook

A New Mexican Administration: Taking Action

By Armando Cuevas Brun, Reed Smith LLP Recently, the peso had its best week in the last nine years, posting one of the biggest gains among the world’s most traded currencies. This, so-called, “relief rally” started just after the preliminary official results of the Mexican presidential election were made public, which was no coincidence. Andrés Manuel López Obrador won the Mexican presidential election with an impressive 53% of the total vote, and he will take office as Mexico’s new president on Dec. 1. Surprisingly, for some, many indicators, such as the currency exchange, the stock market and public statements made by business organizations once opposed to López Obrador’s campaign, seem

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