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Mexico's Amlo era opens with president vowing to govern as a common man Amlo heralds Mexico's new dawn with 7am presidential press conference
(35 minutes later)
Mexico’s newly inaugurated president has hit the ground running, with his pledge to govern as a common man and end decades of secrecy, heavy security and luxury enjoyed by past presidents.Mexico’s newly inaugurated president has hit the ground running, with his pledge to govern as a common man and end decades of secrecy, heavy security and luxury enjoyed by past presidents.
Andrés Manuel López Obrador sported slightly ruffled hair at his first early morning news conference as president on Monday, which started at 7am local time.Andrés Manuel López Obrador sported slightly ruffled hair at his first early morning news conference as president on Monday, which started at 7am local time.
“Isn’t that a change, that I am here, informing you?” López Obrador asked reporters. While past presidents have very seldom held news conferences, López Obrador promised to do so on a near-daily basis, much as he did when he was mayor of Mexico City from 2000 to 2005.“Isn’t that a change, that I am here, informing you?” López Obrador asked reporters. While past presidents have very seldom held news conferences, López Obrador promised to do so on a near-daily basis, much as he did when he was mayor of Mexico City from 2000 to 2005.
President Amlo takes power with vow to transform Mexico – but can he deliver?President Amlo takes power with vow to transform Mexico – but can he deliver?
López Obrador, known as Amlo, took his first airplane flight as president on Sunday, boarding a commercial aircraft with the rest of the passengers. He has promised to sell the presidential jet as an austerity measure.López Obrador, known as Amlo, took his first airplane flight as president on Sunday, boarding a commercial aircraft with the rest of the passengers. He has promised to sell the presidential jet as an austerity measure.
López Obrador arrived at Mexico City’s National Palace in the same white compact car he used before taking office on Saturday. López Obrador refused the military bodyguards used by past presidents and travels with a small staff of aides who provide security. He usually travels tourist class.López Obrador arrived at Mexico City’s National Palace in the same white compact car he used before taking office on Saturday. López Obrador refused the military bodyguards used by past presidents and travels with a small staff of aides who provide security. He usually travels tourist class.
“I feel safe, protected and supported by the Mexican people,” López Obrador said.“I feel safe, protected and supported by the Mexican people,” López Obrador said.
He also claimed that the number of murders had declined on Saturday and Sunday, his first two days in office.He also claimed that the number of murders had declined on Saturday and Sunday, his first two days in office.
In the first 10 months of 2018, homicides in Mexico have run at an average of just over 80 per day.In the first 10 months of 2018, homicides in Mexico have run at an average of just over 80 per day.
But López Obrador said the average over the weekend was about 50, according to initial reports. He cautioned that those totals are preliminary and still under review.But López Obrador said the average over the weekend was about 50, according to initial reports. He cautioned that those totals are preliminary and still under review.
The president and his staff said necessary work would continue to safeguard the foundations already built at the proposed new Mexico City airport project he plans to cancel in favor of expanding existing airports.The president and his staff said necessary work would continue to safeguard the foundations already built at the proposed new Mexico City airport project he plans to cancel in favor of expanding existing airports.
Officials have not determined what will be done with the vast foundations built on a former lakebed known as Texcoco. But some further work is needed to keep the slabs from decaying or sinking.Officials have not determined what will be done with the vast foundations built on a former lakebed known as Texcoco. But some further work is needed to keep the slabs from decaying or sinking.
López Obrador has promised to protect investors who bought bonds to fund the construction, but on Monday the airport fund issued an auction offer to repurchase $6bn worth of the bonds at a price of 90 cents to $1 on the dollar of principal amounts, suggesting some bondholders may take a haircut.López Obrador has promised to protect investors who bought bonds to fund the construction, but on Monday the airport fund issued an auction offer to repurchase $6bn worth of the bonds at a price of 90 cents to $1 on the dollar of principal amounts, suggesting some bondholders may take a haircut.
Andrés Manuel López ObradorAndrés Manuel López Obrador
MexicoMexico
AmericasAmericas
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