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| Obrador: His politics have frightened investors |
An attempt to bar leftist presidential hopeful Andres Manuel López Obrador from running in Mexico’s 2006 elections has backfired and turned Mexico City’s mayor into a hero for many, and the favourite to win, much to investors’ dismay. The mayor has spoken of renegotiating Mexico’s debt and has pledged to overhaul the pro-market economy to benefit the poor, promising “a new economic era”. Bankers and bondholders are already assuming the worst.
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