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Senators Approve Army Patrolling Streets/Mexican Peso Appreciates

By Karin Dilge | Wed, 10/05/2022 - 12:23


Senators Approve Army Initiative. President López Obrador thanked senators for passing his initiative regarding  the army to remain patrolling the streets and involved in other public security duties until 2028. 

Yesterday, Senate legislators ratified the president’s proposal with 87 votes in favor and 40 against. With this approval, the fifth transitory article in which the creation of the National Guard was established is modified by extending their public security duties until 2028 and not in 2024, as was originally approved. The verdict approved by the senators will now return to the Chamber of Deputies with these modifications.


Mexican Currency Appreciation. President López Obrador said that the peso in relation to the US dollar has appreciated. Moreover, he pointed out the relevance of this appreciation saying that the stability of the Mexican peso provides opportunities and strengthens the country's economy.  

According to data presented by the president, the peso registered a 1.1 percent appreciation.  


López Obrador Backs-up Defense Minister. The president denied the interference of Minister of National Defense Luis Cresencio Sandoval who allegedly interfered in favor of military agents in the Ayotzinapa case related to the disappearance of 43 students. 

A few days ago, a group of hackers disrupted the army’s system and disclosed various documents that show Sandoval intervened in favor of captain José Martínez Crespo, who is currently arrested for his involvement in the Ayotzinapa case. Martínez Crespo has two criminal processes against him for organized crime and the forced disappearance of 43 students - he was the first military to have been arrested in that case. Moreover, the document shows that Sandoval met with Julio Scherer Ibarra, former legal advisor to the presidency and partner of lawyers Alejandro Robledo and César Omar González, legal defenders of four processed military agents for the Ayotzinapa case. 


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Karin Dilge Karin Dilge Journalist and Industry Analyst