On June 6, a vote was cast to renew 500 members of the House of Representatives, governors of 15 states and some 20,000 local positions. Although Morena, the governing party, won the competition, it was not enough to reach the qualified majority in the House, which was the maximum objective. All in all, the governing coalition was consolidated after three years in office and is looking good ahead of the 2024 presidential elections.

The reading of the result of the mid-term elections on June 6 is that the ruling party was consolidated although it did not achieve its maximum objectives; at the same time, the opposition showed its weakness. From this combination it emerges that the government of Andrés Manuel López Obrador will have a great opportunity in the next three years to prepare the ground for a successor to overcome the opposition in the 2024 presidential elections.

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MORE ANALYSIS

What will be the sector's agenda after the repeal of DNU 690?

Representatives from various associations representing ICT companies agreed that the repeal of the decree is positive and that this will mark the beginning of a new stage. However, politicians warn that without regulation, the law of the jungle will prevail in a highly concentrated market.

IMF alert: cyber attacks on financial system increase and lack of policies to face challenge

The agency warned that there is a lack of binding regulations and data on cyberattacks. Weak governance in the matter does not help either. Emerging countries and financial institutions that began teleworking after the Covid-19 pandemic are more at risk.

Milei Government rules out decree 690

It does so to "safeguard the rules that allow the development of a competitive market and the free setting of prices for the services provided." The use and access to networks is no longer a competitive public service.

Costa Rica advances slowly on its path to 5G

Radiographic Costarricense, a company of the state-owned Grupo ICE, launched the country's first 5G network in March. However, private operators are lagging behind due to the retrograde impact on bureaucratic processes.

Bolivia's difficulties in lithium exploitation

Despite the region's potential and the development of the Bolivian state-owned lithium company, the country has yet to industrialize the production of the vast reserves it possesses. The lack of knowledge and experience in the field hinder progress toward that goal.

A DIARIO LATINO 16-04-2024

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