AMLO first hinted at the prospect of re-nationalizing Mexico’s oil industry in August and recently doubled down on the idea as well as leaving open the possibility of refinancing the energy sector’s enormous debt.
Mexico is in a period of profound change and President Andrés Manuel López Obrador and his Morena Party are charting a dramatically new path for the country.
Jeremy Corbyn lost the election but one of his political friends, the progressive Mexican leader named Andres Manuel Lopez Obrador, has been in power for one year. He is carrying out the plans and priorities described in his 2018 book, "New Hope for Mexico." With 129 million people, Mexico is the 10th most populous country in the world. It has