Billions of dollars of foreign and domestic energy investments in Mexico are at stake Tuesday, when the country’s Supreme Court issues its ruling on the constitutionality of a 2021 electricity law that stifles competition. Yet the significance of the decision will go well beyond pesos and centavos.
Through its ruling, the high court will signal whether it is still independent or if it has become a tool of President Andrés Manuel López Obrador. If it’s the latter, Mexico’s democracy will be swinging by a thread, if it survives at all.
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