Posts Tagged ‘Mexico’

event1Mexico’s mid-term elections on June 7th sent mixed messages to the Mexican people with the first-ever appointment of an independent gubernatorial candidate, Jaime Rodriguez Calderon (aka “El Bronco”). While the dominant parties—President Enrique Pena Nieto’s Institutional Revolutionary Party (PRI) and National Action Party (PAN)--once again won the most seats, they lost some ground to emerging opposition groups.

But beyond giving way to a fresh political party, the race was seen more as a protest against party politics in an election tarnished with bouts of violence.

On June 16th, Prosek Partners, in partnership with the Mexican Chamber of Commerce in New York, hosted an event in New York City that opened a discussion to experts on Mexico's political, economic, and media landscape. Panelists Maria Hinojosa, Host of NPR’s Latino USA; Daniel Bases, Senior Correspondent at Thomson Reuters; and Rafael de la Fuente, Chief Latin American Economist for UBS, shared their views on the election results from a U.S. perspective.

Initial themes throughout the conversation touched on the ongoing violence, insecurity, and corruption in the Mexican government. Panel participants were pleased to report corruption has been down recently, but acknowledged that large-scale challenges do remain. Read the rest of this entry »

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Media Navel Gaze

The Week Unpeeled

To be honest, busy news week but no one big story seemed to dominate with concerns about Euro growth still keeping markets shaky and the IFM even worried now about US growth, thereby setting the stage for more uncertainty about Fed action.  That’s not to say there was not enough interesting “other” stories and some kinda otherworldly.

Elsewhere:

  • Big White Lies: Rachel Dolezal, an NAACP official in Spokane was outed as actually being white in a confession by her way white parents in a story that went viral way fast and where we soon coined the way crazy term, bi-Rachel;
  • Legendary Post headline writer, Vincent Musetto, who wrote the famous headline, “Headless Body Found in Topless Bar,” died and received the appropriate coverage of his work with the Post’s own story, “Celestial Body in Heavenly Bar”;
  • Twitter boss, Dick Costolo, steps down with Jack Dorsey, co-founder, returning as interim boss;
  • Rupert Murdoch started making serious succession plans as he makes plans to step down;
  • Market share at Netflix surprised Yahoo’s value, now pegged at $39 billion;
  • The Dow ended little changed, up 0.3 percent for the week, at 17,898; and
  • Revealed:  Hedge-fund honcho, Steven A. Cohen, was the $141-million bidder for a Giacometti sculpture recently at Christie’s.

LATAM GAZE

Economics

  • Mexico held their mid-term elections this past Sunday, resulting in the election of the first-ever Independent party member to be elected as governor (Jaime “El Bronco” Rodriguez Calderón.  The incumbent PRI government, however, retained a majority of the seats.

News

  • Latin American soccer fans were on watch this weekend as the Copa América tournament kicked off End of Story
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While Mexico’s traditional political parties maintained a majority, there were a few surprises in this year’s mid-term elections

While Mexico’s traditional political parties maintained a majority, there were a few surprises in this year’s mid-term elections

On Sunday, June 7th, Mexico held its mid-term elections.

While mid-terms get their fair share of public attention, they are usually not as closely watched as a formal Presidential election.

These elections, however, had everybody talking. Mexico’s government has had a severe public fallout over the past two years. Embezzlement accusations tied back to President Enrique Peña Nieto and a conflicted stance about how receptive the country should be to the private sector, among other issues, have encouraged the public to be more vocal towards the current government. On a high level, the public relations industry had its fingerprints all over this election.

Even leading up to the election, an unusual amount of non-political public figures either joined or supported political parties, a sign of enhanced importance. For instance, Mexican TV star Alejandro Camacho joined PES (the Social Encounter Party), a newly-formed party that will come away from this election with at least a handful of seats.

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Media Navel Gaze

The Week Unpeeled

No doubt Caitlyn and Fifa dominated headlines and more last week (and more later) but one of the interesting themes in the media focused on cyber-security and otherwise, with one of the largest data breaches hitting federal-employee records (which allegedly originated in China). In addition and of major significant two more developments:  The Obama administration signed into law legislation that would dramatically curtails federal surveillance of American phone records, and the NSA was given broader scope in surveillance of US internet traffic in an effort to uncover international hacking.  Lot to think about and stories that forced editors to search for many Snowden headshots.

Elsewhere:

  • Fifa Fo Bum: The federation is exposed amid alleged global scandals and its president, Sepp Blatter, steps down, putting the spotlight not just on soccer but the US attorney general
  • “Call Me Caitlyn” breaks the Internet, stereotypes and the K factor and actually seemed a little overexposed and tired by end of week;
  • Netflix continued its global reach adding more European countries to its roster of overseas viewers;
  • Everyone seems to be streaming with Apple TV announcing the addition of ShowTime;
  • US stocks ended lower for the week, with the Dow down nearly 1 percent to close at 17,849
  • American Pharoah wins the Triple Crown, first since 1978; and
  • Viagra for women is coming!

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DonutDay2015

Noteworthy events for the month ahead . . .

June is Gay and Lesbian Pride Month, National Safety Month, and Professional Wellness Month.

A few key general elections taking place in June: Latvia – president (June 3); Mexico – congress; Turkey – national assembly (June 7); and Denmark – parliament (June 18).

Chancellor Angela Merkel hosts the annual G7 Summit on June 7-8 in Schloss Elmau, south of Munich. Detailed agenda can be found here.

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