Economy / Mexico
Mayoral Blow For PAN
June 2010 | Ratings UpdateThe ruling Partido Acción Nacional (PAN) lost the mayoral election in Mérida, capital of Yucatán state, on May 16, reinforcing our view that the party is set to struggle in the gubernatorial, legislative and mayoral elections due between May and July 4 this year. To be sure, should subsequent votes result in similarly poor showings for the PAN elsewhere in the country, President Felipe Calderón is likely to find his legislative programme yet further impeded ahead of presidential elections in
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