Mexican president sees ‘treason’ behind power bill defeat


MEXICO CITY: Mexico’s president on Monday excoriated opposition lawmakers for voting down a major electricity reform, though business groups were cheered by Sunday’s vote, which lifted some of the investor uncertainty clouding the country’s energy market.

President Andres Manuel Lopez Obrador decried the defeat of his bid to change the constitution to tighten state control of the power market as “treason,” though it could lower the risk of Mexico becoming embroiled in costly trade disputes.

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