AMLO Shows He's Not Going Quietly With New Market Interventions
- Mexican government unilaterally changes airport concessions
- Move is latest in string of interventions during six-year term
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Mexican President Andres Manuel Lopez Obrador chose the country’s private airports to send a punchy message to the business and political world: it may be his final year in office but he’s still very much in charge.
With the focus quickly moving toward next year’s presidential election, and the two top candidates to replace him already nominated, the silver-haired populist known as AMLO has a fight on his hands to avoid being seen as a lame duck. He’s instead pressing ahead with his big plan to deliver key infrastructure projects and cement a legacy that has turned the government into a central player in Mexican business.