According to an article published in the Financial Times, Andres Manuel Lopez Obrador and Jair Bolsonaro have become a wrecking ball for Mexico and Brazil’s institutions.
MEXICO (The Financial Times) – Arminio Fraga, former president of the Central Bank of Brazil, and Guillermo Ortiz, former governor of the Bank of Mexico and former secretary of finance during the Ernesto Zedillo administration, criticized the actions of the presidents of Mexico and Brazil in an article published in the Financial Times.
Andrés Manuel López Obrador and Jair Bolsonaro, despite coming from opposite ends of the political spectrum, reacted similarly to the COVID-19 pandemic.
The article, titled “Brazil’s and Mexico’s presidents are both ‘wrecking balls’” analyzes the similarities between both, as their clear challenge to the recommended health measures for the COVID-19 pandemic.
“The two presidents have defied health authorities’ recommendations on social distancing, continued to hold political rallies, and refused to wear a face mask until recently,” the article states.
Another similarity between the presidents noted in the article is their policies regarding the environment.
“Lopez Obrador cut budgets for the environment, degraded renewable energies in favor of oil refining, and authorized infrastructure projects without proper environmental studies.
Although there was a lot of hope in the mandates of both, the article points out that their public policies have led them to damage the institutional environment for which they are cataloged as “wrecking balls.”
“Intending to damage their countries’ institutional environment to advance retrograde political agendas, they look like balls of demolition,” the text explains.
Finally, it points out that maintaining strong institutions in both countries will be fundamental to respond to the region’s challenges.
“Although it is too early to celebrate, Brazil and Mexico have experienced at least some of the fruits of having strong institutions. These must remain fundamental to the region’s response to its challenges,” it says.
more recommended stories
Yucatan begins its participation in Fitur 2022 with the right foot
The Madrid Tourism Fair (FITUR), is.
Two cold fronts are expected for the following days in the Yucatan
The cold fronts will bring temperatures.
Private Universities of Yucatan denounce sexual trafficking network among students
The Marista University, Anáhuac Mayab and.
Mexico threatens soccer fans with 5-year bans for homophobic chant
The Mexican Football Federation says any.
First Gastronomic Interpretation Contest at the Mérida Fest 2022
Flavor and innovation stand out in.
Fierce fire consumes a bicycle factory in the Azcapotzalco district of Mexico City (Watch Video)
A strong fire was reported inside.
In three years, 81 police officers have been murdered in the state of Puebla
Since the year 2018, when AMLO.
Authorities secure trailer with 334 migrants in Veracruz, Mexico
Veracruz authorities managed to rescue 334.
Texas gay couple tortured, shot dead, and dismembered in northern Mexico
The bodies of two women from.
Once again the Maya Train changes its route and will no longer pass through the center of Playa del Carmen
In the next few days, the.