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Jess Frampton

Advantage Mexico

With so many other international stories dominating the news these days – Russia’s war in Ukraine, US-China tensions, Iran’s nuclear program, etc. – it’s easy to lose track of more positive stories. And when it comes to Mexico, the headlines suggest the country is struggling.

And I could write that story too. In most media, today’s Mexico conjures images of violent drug cartels and other organized crime groups, trouble at the US border, or large-scale protests led by an opposition that accuses the country’s president of a power grab that threatens democracy.

Mexico has its share of problems. But today, I want to give you three reasons for optimism that, politically and economically, Mexico is strong and getting stronger.

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The future of Mexico | Quick Take | GZERO Media

Optimism about Mexico's political and economic future

Ian Bremmer's Quick Take: Hi everybody, Ian Bremmer here. A happy Monday to you and a Quick Take to kick off your week. I'm just back from Mexico, Mexico City myself, and lots of fascinating meetings, lots of takeaways. Thought I would give you some of my sense of what is happening there, Mexico and Mexico's context in the world.

First thing I would say is I come away pretty optimistic about where the country is heading overall, and some of that is the context of Mexico in an environment where China-US relations are getting a lot more challenging. There is some significant national security and strategic decoupling that is happening at the behest of US administration, governors, members of Congress, both Democrats and Republicans. And also, there's a lot more uncertainty about doing business in Xi Jinping's China itself, given the rapid and sudden changes on COVID, on how to do business as a technology company, on rules and regulations for the private sector, rule of law and its absence, local competition, you name it. And so, even though I still fairly strongly believe that China's going to become the largest economy in the world by 2030, the idea that US corporations will be able to take as much advantage of that is increasingly uncertain. Almost any business leader you talk to in the United States is saying, "Yeah, China is an important market for us, but we are being more cautious about how much we want to invest there, going forward. At the very least, we're putting a pause on some of the big decisions we're making." And in many cases, they're starting to reduce some of that forward looking exposure.

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Can UK overcome economic challenges post-Northern Ireland trade deal? | World In :60 | GZERO Media

Northern Ireland trade deal ends Brexit but not UK's economic woes

Ian Bremmer shares his insights on global politics this week on World In :60.

Will the UK finally move past Brexit now that a Northern Ireland trade deal has been resolved?

Oh, it's only been, what, six years. My God. And Brexit finally concluded now that Prime Minister Sunak has taken on his own Conservative Party and said, "No, we're just going to finally move on this." And people are sick of the economic challenges, that's, in part, why Truss got washed out so quickly as former PM, and it's also why he had the space to get this done. It means that you're not worried about the so-called hard border between Northern Ireland and Ireland, and therefore, between the UK and the EU, and it means that the Brits can move on. But moving on, of course, still means that they no longer have integration with the world's largest common market, and that means that their performance economically will continue to drag below all of the rest of Europe and the United States, and that's really unfortunate. It's a massive own goal.

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Protesters against President Andres Manuel Lopez Obrador's plan to reform the electoral authority, in Mexico City, Mexico, February 26, 2023.

REUTERS/Luis Cortes

Hard Numbers: Mexicans protest AMLO changes, North Korea seeks grain, Iran hearts Ipanema, a controversial kiss from Kosovo

500,000 or 90,000?: How many people in Mexico City took part in recent mass protests against President Andres Manuel Lopez Obrador’s overhaul of the electoral system? Organizers say 500,000 turned out to oppose the changes, which would weaken independent election oversight. But authorities in Mexico City, which is controlled by AMLO’s party, say it was only 90,000.

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Destroyed buildings in the aftermath of the deadly earthquake, in Antakya, Turkey February 19, 2023.

REUTERS/Nir Elias

Hard Numbers: Turkey/Syria quake death toll, Modi ally’s biz empire crumbles, West Bank violence, AMLO believes in elves

50,000: The death toll of the Feb. 6 Turkey/Syria earthquakes topped 50,000 on Sunday. Turkish President Recep Tayyip Erdoğan is feeling the heat over allegedly corrupt practices that led to so many collapsed buildings on his watch ahead of the May 14 election.

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US President Joe Biden, Mexican President AMLO and Canadian PM Justin Trudeau arrive for a joint news conference at the conclusion of the North American Leaders' Summit in Mexico City.

REUTERS/Kevin Lamarque

What We’re Watching: Three Amigos huddle, Peruvian violence, East Asia travel curbs

Three Amigos talk and ... that's all, folks

Well, some progress is better than none at all — at least among “friends.” At their “Three Amigos” summit on Tuesday, US President Joe Biden, Canadian PM Justin Trudeau, and Mexico’s President Andrés Manuel López Obrador — known as AMLO — announced a slew of agreements on things like moving some US production of semiconductors to Mexico, cutting methane emissions to fight climate change, and installing EV charging stations on shared borders. But they failed to make significant headway on the thorniest issues: the record numbers of asylum seekers entering the US from Mexico; Mexican-made fentanyl causing a public health catastrophe for los gringos; and USMCA-related trade disputes such as Mexico's energy reforms or Canadian grumbling at the Biden administration's EV subsidies. Indeed, perhaps the best thing to come out of the summit is that Biden and AMLO — who had tense exchange on Day 1 — showed that despite their lack of personal chemistry, maybe they can be compadres after all.

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President Joe Biden walks along the border fence during his visit to the US-Mexico border in El Paso, Texas.

REUTERS/Kevin Lamarque

What We’re Watching: Biden at the border, Three Amigos Summit, China’s reopening

Biden goes to El Paso

President Joe Biden on Sunday visited the US-Mexico border for the first time since taking office and at a time when he's getting flak from all sides for his immigration policies. Biden did the usual stuff: He toured a busy port of entry, walked along the border fence, and met with officials like Texas Gov. Greg Abbott, who chided the president for taking so long to show up — feeding into the Republican narrative that blames Biden for the surge of migrant arrivals in recent months. But the president has also upset the left wing of his Democratic Party after failing to deliver on many of his promises to undo the Trump administration's harshest immigration curbs — especially by being wishy-washy on ending Title 42, a Trump-era rule that allows US authorities to expel asylum-seekers on public health grounds that the Supreme Court is now sitting on. What's more, last week Biden announced that migrants from Haiti, Cuba, Nicaragua, and Venezuela would be required to apply from outside the US and be punished if they don't. While the president is otherwise benefiting from the GOP's civil war in Congress, his immigration headache won't go away anytime soon.

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Luisa Vieira

What We’re Watching: Trump’s 2024 plans, G-20 & Basquiat in Bali, AMLO vs. Mexican democracy

Donald Trump’s “big announcement”

Tuesday is the day. We think. It’s not completely clear. Former US President Donald Trump has dropped a number of not-so-subtle hints that he will announce his candidacy for president on Tuesday. Millions of his supporters will be watching and hoping he pulls the trigger. Millions of Republicans who fear he’s become a liability for their party are hoping he’ll postpone or shock the world by not running. Florida Gov. Ron DeSantis and other potential Trump rivals for the GOP nomination will be watching with dread for a first glimpse of the campaign Trump plans on waging against them. President Joe Biden, who will celebrate his 80th birthday later this month, will be watching to see what sort of Republican Party his reelection campaign is likely to face. The media will be watching in expectation of the opening salvo of the wildest presidential campaign in living memory. And you know we’ll be watching too.

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