Reported about 1 year ago
On June 2nd-3rd, Xuenbaum won Mexico's presidential election, making history as the first female and Jewish president with nearly 60% of the vote. The victory caused Mexico's stock market to drop 6% and the peso to devalue by over 4%. In India, Modi's BJP party won but without the expected landslide, leading to market concerns. In South Africa, the ANC lost its parliamentary majority for the first time in 30 years, requiring them to form a coalition to stay in power, with uncertainties due to deep divides among potential partners.
Source: YAHOO