Claudia Sheinbaum

Mexico's new president tells investors their money is safe

Mexico's new President Claudia Sheinbaum has promised to protect the rights of investors as she took office as the country's first woman leader, following a backlash over recent judicial reforms.

"I say this very clearly, be assured that the investments of national and foreign shareholders will be safe in our country," Sheinbaum said in an inaugural speech in Congress.

Mexico likely to get first female president after top parties choose 2 women as candidates

With the selection of former Mexico City Mayor Claudia Sheinbaum as the candidate of the country's ruling party in next June's election, Mexico will for the first time have time two women from its main political movements competing for the presidency.