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Mexico president poised for election win, fired by statist energy drive

Dave Graham 6 minute read Mexico s President Andres Manuel Lopez Obrador attends a news conference at the National Palace in Mexico City, Mexico, May 31, 2021. REUTERS/Edgard Garrido/File Photo Mexican President Andres Manuel Lopez Obrador s drive to strengthen state control of natural resources faces a key test on Sunday at mid-term elections that will determine control of Congress for the rest of his administration. The leftist Lopez Obrador has upset many of Mexico s main trade partners and leading business groups by pushing through legislation to reverse the previous government s opening of the energy market to more private capital. Though that has sapped investment, his argument that he is fighting for Mexico s poor against unscrupulous elites still resonates with voters, making his National Regeneration Movement (MORENA) heavily favored to retain the lower house of Congress.

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