MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
By Nacha Cattan for Bloomberg via YahooNews.com, Aug. 2
[....] Mexico City had always been a haven from the beheadings and mass graves that beset the country. But as homicides have risen year after year, it began to look more like the rest of Mexico. Since leftist President Andres Manuel Lopez Obrador took power in December, crime has become topic No. 1 in conversations in cafes and bars and offices.
Despite promises to lower violence by addressing poverty and youth disaffection, killings have soared 15% this year under the leadership of Mayor Claudia Sheinbaum, a close ally to the president known as AMLO. After gunfights hit chic neighborhoods and two young men from middle-class families were kidnapped and murdered, Sheinbaum sent in the newly created National Guard, a measure meant for only the worst narco spots. Now, the perception that crime is spinning out of control in one of the world’s largest capitals is unnerving investors in an economy that is poised to grow this year the least in a decade.
“Our clients are far more concerned,” said Gonzalo Nadal, who runs Mexico City-based risk consultancy ON Partners, whose clients include the American Chamber of Commerce of Mexico. “Some have expressed serious uncertainty” about whether to expand in the capital [....]