Claudia Sheinbaum Becomes Mexico's First Female President Amid Market Jitters

Claudia Sheinbaum has been elected as Mexico's first female president, promising to continue the populist policies of her predecessor, Andrés Manuel López Obrador. Her victory has caused market jitters, with the peso dropping 3.5% and the stock exchange falling over 5%. She faces the challenge of uniting a deeply divided country and addressing concerns over cartel violence and weakening democratic institutions. U.S. President Joe Biden congratulated Sheinbaum, expressing hope for continued collaboration between the two countries.