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About: http://data.cimple.eu/news-article/911900d943cb207a2dd9fa342ce45e562c09c964ead8a7a3e5a6dfc1 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Mexican President Andres Manuel Lopez Obrador said Wednesday that he would nominate his finance minister to head the central bank, replacing him with an economic advisor. The move came days after Lopez Obrador suffered a setback in midterm legislative elections in which his ruling party lost its absolute majority in the lower house of Congress. Finance Minister Arturo Herrera "will be proposed as governor of the Bank of Mexico," Lopez Obrador announced on social media, noting that the nomination must be approved by the Senate. His replacement is Rogelio Ramirez de la O, an ally and economic consultant. Lopez Obrador, who has vowed to overhaul Mexico's "neoliberal" economic model, said the changes were aimed at maintaining the current economic policy in his remaining three years in office. "It has given us very good results because despite the pandemic, the economic crisis has been overcome," he said in a video message. Lopez Obrador has kept a tight grip on the public purse strings during the pandemic, saying it would be imprudent to increase the national debt. The president last month ruled out asking central bank chief Alejandro Diaz de Leon to stay on past the end of the year, saying he would be replaced by an economist with a "social dimension." Mexico's economy, the second-largest in Latin America, plunged by 8.5 percent in 2020 in the worst slump in decades, although the government predicts growth of 6.5 percent this year. Appearing alongside Lopez Obrador in the video, Ramirez de la O said that Mexico faced a "key moment" as it emerged from the pandemic and a global recession. "We must all work together to ensure that the lessons learned during this pandemic are used to build a stronger economy that serves the entire country," he said. sem-dr/ch
schema:headline	Mexico president names new finance, central bank chiefs
schema:mentions	Latin America Neoliberalism Alejandro Sanz Great Recession Mexicans Finance minister Economist Senate of the Philippines Government debt Andrés Manuel López Obrador President of the Philippines Social media Mexico Pandemic Arturo Herrera Congress of the Union Purse Strings Supermajority The Move
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-06-09 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	76 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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