Category: Trucking News

AMLO Defends First Year: Mexico More Equal With More to Come

(Bloomberg) -- Mexican President Andres Manuel Lopez Obrador celebrated his first year in office touting his achievements in reducing inequality in the country, while defending an economy that fell short of targets.AMLO, as the president is known, said in a speech Sunday before thousands that his push to establish new cash aid programs for the elderly, unemployed youth and the disabled improved the quality of life in Mexico. He promised to further expand those programs and to boost economic growth after Mexico fell into a mild recession in the first half of 2019.“There still hasn’t been economic growth like we want, but there is a better distribution of wealth,” he said in the speech in the capital’s central plaza.Lopez Obrador won in a landslide last year on a campaign promise to root out corruption, fight rising violence and boost the economy. His high popularity ratings have begun to falter as the...