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Mexican Economy Is Suffering Terribly After Trump Was Declared President

Over the last few days, Mexico’s peso dipped to a record low of 21 pesos per dollar, down from 18 pesos per dollar just a few days earlier. The plunge came in the wake of the November 8th presidential election, which saw Donald Trump pull in the sweet victory. During his campaign, Trump has promised to decrease trade, end NAFTA if it isn’t renegotiated on his terms, build a multi-billion dollar wall between the U.S. and Mexico, create a 35% tariff for Mexican good sold in the U.S.deport two to three million criminal immigrants – of which many are presumably Mexican. The inflation hit so hard that even Mexican billionaire Carlos Slim’s fortune dropped from 51 billion to 45 billion.

Have no fear though, now is the perfect time to head over to Mexico and exploit that weak peso with your sweet U.S. dollars.

CREDIT: XE

Mexico said it had a contingency plan in the event of Trump win. Over the last year, the peso has had a rocky relationship with Donald Trump’s bid for the presidency. As Trump’s polling numbers failed, the peso rallied, and when Trump surged, the peso plunged. As of today, with the peso at record lows, Mexico has not revealed what their contingency plan is, though if you ask me, scratch-offs are a sure winner! Nothing like getting a Bucks Deluxe winner, and my abuela has a lucky nickel she’s had since Manuel Ávila Camacho.

READ: America’s Favorite Imported Beer From Mexico Facing Troubled Stock Market

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An Alleged Rapist Is Running For Governor In Mexico And Still Has The Support Of President AMLO

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An Alleged Rapist Is Running For Governor In Mexico And Still Has The Support Of President AMLO

For years, Mexicans have been taking to the streets to denounce violence against women and to demand accountability from their leaders. However, much of that messaging doesn’t seem to have reached the very top as President Andres Manuel López Obrador (AMLO) continues to support a candidate for governor facing multiple allegations of sexual assault.

A candidate for governor faces multiple sexual assault allegations and still enjoys widespread support.

Félix Salgado Macedonio, a federal senator (currently on leave) is accused of sexually assaulting five women and yet is still in the running for governor of Guerrero.

Despite the accusations he faces, 64-year-old Salgado, has maintained the support of President AMLO, who has claimed that the allegations are politically motivated, and other high-ranking party officials including national party president Mario Delgado. He was considered the frontrunner in the election for governor.

AMLO came to the candidates defense, calling on people to stop politicking and avoid “media lynchings” and asserting that people should trust the party process that was used to select Salgado as candidate.

“We have to have confidence in the people, it’s the people who decide. If polls are taken and and the people say ‘I agree with this colleague [being candidate],’ I think that must be respected. Politics is a matter for everyone, not just the elites,” López Obrador said.

The MORENA party has committed to reselecting its candidate for governor but Salgado is still in the running.

Officials from the MORENA party announced that they would conduct a new selection process to find a contender for the June 6 election. The party’s honesty and justice commission said its members had voted unanimously to order a repeat of the selection process.

While the honesty and justice commission has ordered a new candidate selection process, Salgado was not precluded from participating in it. He indicated in a social media post on Friday night that he planned to seek the party’s backing for a second time.

“Cheer up colleagues! There is [still fight in the] bull,” Salgado wrote on Facebook.

Activists continue to fight back against his candidacy and the president’s support for an alleged rapist.

Women have protested in Mexico City and Guerrero state capital Chilpancingo and the hashtag #NingúnVioladorSeráGobernador (No Rapist Will be Governor) has been used countless times on Twitter.

Yolitzin Jaimes, a member of the feminist collective Las Revueltas, said the withdrawal of Salgado’s candidacy is a positive first step but urged the authorities to continue investigating the rape allegations.

“… He has to go to jail, … he mustn’t return to the Senate and he mustn’t be nominated [for governor] by any political party because … it’s very probable that he’s seeking to go to the Labor Party [a Morena ally],” she said.

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Americans Are Flocking To Mexico Amid The Pandemic And Being Terrible Tourists In The Process

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Americans Are Flocking To Mexico Amid The Pandemic And Being Terrible Tourists In The Process

Despite being one of the world’s hardest hit countries by the Covid-19 pandemic, Mexico never once closed its doors to international tourism. In fact, the country has worked hard to lure travelers from the U.S. as Americans faced increasingly tough restrictions at home. This has had a profound impact on the country’s experience with Covid-19, with so many Mexicans either falling ill themselves or knowing someone who has.

With so many Mexicans having first hand experience with the virus, it makes sense why so many have strong opinions about tourist’s behaviors while visiting the country.

Tourists are still welcomed in Mexico but their bad behavior is not.

Most Mexicans agree with their government’s open borders approach during the pandemic, since the alternative would have meant even worse economic situation for a country already suffering record levels of poverty. But the influx of tourists to the country has brought with it a level of resentment at those who fail to follow local health guidelines while on vacation.

Mexico never closed its airports to tourists and one walk down a block in Mexico City’s popular Condesa or Roma neighborhoods and you’ll spot American tourists within minutes – many failing to wear a mask. The problem is even more severe in popular tourist destinations like Oaxaca.

There, tourists often travel from the bustling city of Oaxaca into remote villages where Indigenous residents have even less access to proper medical care.

Residents fear that tourists feel they are exempt from local Covid-19 guidelines.

Many residents who have had their own personal experience with the coronavirus has made them sensitive to the pandemic situation in their community. As case numbers continued to rise, many noticed more tourists defying widely practiced public-health protocols, like wearing face masks in public.

On Feb. 25, a popular photographer from Oaxaca, Frank Coronado, posted a plea to his 171,000 Instagram followers: “Dear travelers, you are welcome in Oaxaca, but you should ALWAYS wear a mask when you are in public places.”

He wanted to publicly address the issue and encourage visitors to do better — particularly foreigners who travel from Oaxaca City into smaller rural villages, where artisans are even more vulnerable. He told the Washington Post, “I get mad because I already went through [covid-19] and know how bad it feels. I don’t want my people, the people of Oaxaca, to get sick.”

With an economy based on services, many don’t have the freedom to work from home.

Many in Mexico don’t have the luxury of isolating from tourists — such as Aurora Tostado, who owns the downtown coffee shop Marito & Moglie with her husband.

“People in Mexico, we have to get out of our homes to work. It’s not like we can work remotely like most of the people in the U.S.,” Tostado told the Washington Post. Like others in hospitality, Tostado benefits financially from having tourists, and she is happy to welcome them back, she says. She just hopes they will consider the chain reaction of their behavior as they enjoy the culture that makes her city special

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