FROM THE NOVEMBER 25, 2014 ISSUE
Has the Mansion Scandal Harmed Peña Nieto?
President Enrique Peña Nieto's government became embroiled in scandal earlier this month amid reports that the registered owner of First Lady Angélica Rivera's opulent home is a company that is part of the Grupo Higa business group, which has won several government contracts dating back to Peña Nieto's time as governor of Mexico state. To what extent has Peña Nieto's government been harmed by the scandal? How much credibility has the president lost, and what must he do to regain it? Is Mexico losing the fight against corruption?
Andrés Rozental, member of the Advisor board and former Mexican diplomat: "Recent developments on these issues in Mexico have resulted in a huge setback for the country's image and for the Peña Nieto government's credibility. After a largely positive and well-received set of major reforms to the economy and other parts of Mexico's social and political structures, including transcendental changes to the energy, telecom and financial sectors, the tragic and brutal events in the state of Guerrero, incidents of violence and anarchy among protesting groups, the abrupt cancellation of a high-speed rail project and the headlines involving the president and his wife in a scandal about their private home in Mexico City, have all combined to create a perfect storm of public anger and global coverage that at least in the short term negates much of the favorable publicity that Mexico and Mr. Peña Nieto had garnered during the first two years of his administration. Today, amid calls for changes to his cabinet and even his resignation, Mexico's president is faced with..." MORE
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