01-10-2013: Latin American Economy Business report
Economy & Business Report
The US ‘shutdown’ and Latin America
Barring a major surprise the main contenders in Mexico’s presidential elections on 1 July next year have now been decided. After months of ducking the central issue of how it was going to select its presidential candidate, the electoral coalition formed between the right-wing opposition Partido Acción Nacional (PAN), the left-wing Partido de la Revolución Democrática (PRD), and leftist Movimiento Ciudadano (MC) agreed that as the largest party it should be in the gift of the PAN. The PAN party president Ricardo Anaya promptly resigned his position and, to all intents and purposes, anointed himself as the coalition’s presidential candidate.
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