LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

October 15, 2024

How Confident Can Foreign Investors Be in Mexico?

After Mexico approved a controversial judicial reform in the waning days of her predecessor’s administration, President Claudia Sheinbaum said the country is safe for foreign investment. // File Photo: @Claudiashein via X.

Q

A

Carsten Wendler, partner, and Paulina Araiza Lozano, associate, both at Freshfields: “It is very early to judge President Sheinbaum’s policy aimed at attracting foreign investments. Sheinbaum recently assured investors that their investments will be safe, promising a prudent fiscal policy and to maintain the central bank’s autonomy. That said, some of the reforms she has endorsed—especially the reform of the judiciary—foster unpredictability. Until today, many of our clients were able to successfully resort to Mexican courts to seek redress against state measures whenever needed; in our experience, they trusted the Mexican judiciary. Now, …”

Top News

At Least Eight Dead After Violent Storms Hit Brazil
At least eight people were killed when violent storms hit Brazil on Friday. Seven people were killed in São Paulo state, and a soldier was killed in Brasília. Hundreds of thousands of households remain without power.
Brazil’s Petrobras Reportedly Plans to Scale Back Investment
Brazilian state oil company Petrobras is planning to scale back planned investments for next year from $21 billion to about $17 billion, unnamed sources told Reuters.
Guyana’s Ali Announces Cash Payments, Free College Tuition
Guyanese President Irfaan Ali announced several perks, including a one-time cash payment and free college tuition. // Photo: @presidentaligy via X.

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ABOUT THE LATIN AMERICA ADVISOR

The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. For more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Staff

Gene Kuleta
Editor
P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David
Goette-Luciak
Reporter

Nili Blanck
Reporter

board of advisors

Diego Arria
Director,
Columbus Group

Merike Blofield
Professor of Political Science,
University of Hamburg

Devry Boughner Vorwerk
CEO,
DevryBV Sustainable Strategies

Joyce Chang
Global Head of Research,
J.P. Morgan

Marlene Fernández
Corporate Vice President for Gov’t Relations,
Arcos Dorados (McDonald’s)

Peter Hakim
President Emeritus,
Inter-American Dialogue

Donna Hrinak
Director,
Adtalem Global Education

Jon E. Huenemann
Council Member,
GLG Inc.

James R. Jones
Chairman,
Monarch Global Strategies

Craig Kelly
Senior Director,
Int’l Gov’t Relations,
Exxon Mobil

Barbara Kotschwar
Professor of Political Economy,
Georgetown University

John Maisto
Director,
US Education Finance Group

Nicolas Mariscal
Chairman,
Grupo Marhnos

Thomas F. McLarty III
Chairman,
McLarty Associates

Beatrice Rangel
Director,
AMLA Consulting

Ernesto Revilla
Head of Latin American Economics, Citi

Gustavo Roosen
President,
IESA

Andrés Rozental
President, Rozental &
Asociados

Shelly Shetty
Managing Director,
Sovereigns, Fitch

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