Mexico’s billionaires warn workers about consequences of voting for AMLO

Mexican presidential candidate Andres Manuel Lopez Obrador’s lead has only grown, and with just a month until the election, business leaders are cautioning their countrymen about the potential consequences of his victory.

Lopez Obrador, known as AMLO, was runner-up in the two previous presidential elections but appears to have the 2018 race in hand, buoyed by widespread dissatisfaction with the political establishment and the direction of the country.

Polling firm Parametria put his support at 45% at the end of May, up 6 points from an April poll. Polling by newspaper Reforma over the same period put his support at 52%, 4 points higher than a late-April poll.

Ricardo Anaya, running for a coalition of the conservative National Action Party and the leftist Party of the Democratic Revolution, was second in both polls, slipping 5 points to 20% in the Parametria poll and falling 4 points to 26% in the Reforma poll. Jose Antonio Meade, of the governing centrist Institutional Revolutionary Party, was third in both, holding steady at 14% in Parametria’s poll and up 2 points to 19% in Reforma’s poll.

Lopez Obrador, who ran for the PRD in 2006 and 2012, is campaigning at the head of the leftist National Regeneration Movement, a party he started in 2014.

Mexico Andres Manuel Lopez Obrador election MichoacanREUTERS/Alan Ortega

“AMLO’s lead has grown in recent weeks,” James Bosworth, founder of risk-analysis firm Hxagon, told Business Insider.

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Source: Business Insider

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