Mexican President Claudia Sheinbaum congratulated Donald Trump on his election victory, calling for dialogue and respect for sovereignty. She expressed confidence in strong U.S.-Mexico relations and reassured the public despite market instability.
Mexican President Claudia Sheinbaum on Wednesday congratulated former U.S. President Donald Trump on his victory in the presidential election, asking him for dialogue and respect for sovereignty.
In a post on X, Sheinbaum, who took office just last month, wrote she was sure both would "advance in the broad bilateral agenda" that connects the neighboring countries.
"There will be good relations with the United States," she had said earlier in the day, seeking to calm worries ahead of Trump's return to power. "I'm convinced of that."
The Mexican peso took a significant hit in overnight trading, dropping to the lowest level in more than two years. As markets digested Trump's win during the day, it trimmed losses, trading at 20.08 pesos per dollar at 5 p.m. ET.
Earlier in the day, she said she would wait to congratulate Trump until votes were counted.
Andres Manuel Lopez Obrador, her predecessor, also famously delayed congratulating Joe Biden on his victory in the 2020 presidential election, saying he would wait until legal challenges were concluded.
Lopez Obrador's decision was seen by many as a bid to avoid friction with Washington during the transition period.
Mexico is the top trade partner of the U.S., and the bilateral relationship with its northern neighbor is by far its most important.
While the U.S. election extended a streak of volatility and weakness for emerging markets, Mexico was seen as particularly vulnerable given its exposure to the U.S. economy. make it a bit shorter but keep the most important information and paraphrase a bit
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U.S. Homeland Security Secretary Kristi Noem met with Mexican President Claudia Sheinbaum as part of a regional tour focused on migration and security cooperation.
Thousands of striking teachers rallied in Mexico City demanding better retirement conditions and policy reversals.
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Mexico's northern state of Sonora is set to receive a $3.7 billion investment boost, aimed at driving economic growth and modernizing key industries in the region, according to the country’s Minister of Economy.
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Sweden announced its largest military aid package to Ukraine worth $1.6 billion to help Kyiv strengthen its position in peace talks. The package includes new equipment and financial donations for Ukraine's defense industry, with Sweden's total support since 2022 reaching 80 billion crowns.
Britain's King Charles is resuming public duties this week after a brief hospital visit due to side effects from his cancer treatment. Following a restful weekend, he is preparing for a regular working week at Windsor Castle, with some appointments rescheduled ahead of his state visit to Italy.
Thomas Lubanga, a convicted war criminal, has announced the formation of the Convention for the Popular Revolution (CPR) in eastern Congo's Ituri province, posing a new security threat as Congo's army faces advances by Rwandan-backed M23 rebels.
AnewZ provides an examination of Marine Le Pen, the leader of France's far-right National Rally party, and explores her ascent in French politics, her controversial policy positions, and the recent legal challenges she faces.
A powerful 7.7-magnitude earthquake struck Myanmar’s Sagaing region, followed by a 6.4-magnitude tremor, killing 2056 people and leaving 3,900 injured. The quake caused building collapses in Myanmar and Thailand, prompting emergency declarations and ongoing rescue efforts.
Apple marked its 49th anniversary by reaching a market capitalization of $3.3 trillion. Despite recent tech stock volatility, Apple's shares surged 28% in 2024.
Sweden announced its largest military aid package to Ukraine worth $1.6 billion to help Kyiv strengthen its position in peace talks. The package includes new equipment and financial donations for Ukraine's defense industry, with Sweden's total support since 2022 reaching 80 billion crowns.
Britain's King Charles is resuming public duties this week after a brief hospital visit due to side effects from his cancer treatment. Following a restful weekend, he is preparing for a regular working week at Windsor Castle, with some appointments rescheduled ahead of his state visit to Italy.
Thomas Lubanga, a convicted war criminal, has announced the formation of the Convention for the Popular Revolution (CPR) in eastern Congo's Ituri province, posing a new security threat as Congo's army faces advances by Rwandan-backed M23 rebels.
AnewZ provides an examination of Marine Le Pen, the leader of France's far-right National Rally party, and explores her ascent in French politics, her controversial policy positions, and the recent legal challenges she faces.
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