Economic news

Mexico electoral authority ratifies ruling coalition’s lower house supermajority

2024.08.23 18:38

MEXICO CITY (Reuters) – Mexico’s electoral authority on Friday confirmed that ruling party Morena and its allies will hold a two-thirds supermajority in the lower house when session kicks off in September, after an extended debate over the distribution of the seats.

© Reuters. FILE PHOTO: A woman walks past newspapers displaying the victory of the presidential candidate of the ruling Morena party Claudia Sheinbaum, a day after the general election, in Mexico City, Mexico June 3, 2024. REUTERS/Alexandre Meneghini/File Photo

Electoral authority INE ruled that in the lower house, Morena and its allies secured 364 seats, comfortably exceeding the two-thirds majority of 334 votes needed to amend the constitution without the need to reach consensus with the opposition.

The formal ratification of the June 2 election results comes after opposition parties complained that the ruling coalition should have fewer seats based on an interpretation of the electoral system prioritizing representation by party rather than coalition.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 69,308.57 2.81%
ethereum
Ethereum (ETH) $ 2,422.50 0.01%
tether
Tether (USDT) $ 0.998976 0.01%
bnb
BNB (BNB) $ 562.83 2.26%
solana
Solana (SOL) $ 166.23 4.85%
usd-coin
USDC (USDC) $ 0.999204 0.07%
xrp
XRP (XRP) $ 0.512889 1.54%
dogecoin
Dogecoin (DOGE) $ 0.168785 7.26%
staked-ether
Lido Staked Ether (STETH) $ 2,421.92 0.04%
tron
TRON (TRX) $ 0.15992 2.08%
cardano
Cardano (ADA) $ 0.334431 2.12%
the-open-network
Toncoin (TON) $ 4.65 2.47%
shiba-inu
Shiba Inu (SHIB) $ 0.000018 4.47%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,862.81 0.33%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 69,285.56 2.81%
avalanche-2
Avalanche (AVAX) $ 23.93 4.52%
weth
WETH (WETH) $ 2,421.95 0.15%
chainlink
Chainlink (LINK) $ 10.78 4.36%
bitcoin-cash
Bitcoin Cash (BCH) $ 341.37 4.15%
usds
USDS (USDS) $ 0.998678 0.11%
leo-token
LEO Token (LEO) $ 6.03 0.14%
polkadot
Polkadot (DOT) $ 3.88 3.03%
sui
Sui (SUI) $ 1.96 6.49%
litecoin
Litecoin (LTC) $ 66.00 0.39%
near
NEAR Protocol (NEAR) $ 3.81 5.75%
aptos
Aptos (APT) $ 8.51 6.44%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,547.14 0.10%
uniswap
Uniswap (UNI) $ 7.14 4.69%
pepe
Pepe (PEPE) $ 0.000008 6.02%
internet-computer
Internet Computer (ICP) $ 7.38 5.31%
bittensor
Bittensor (TAO) $ 451.82 8.76%
dai
Dai (DAI) $ 0.999132 0.09%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.23 9.91%
monero
Monero (XMR) $ 157.50 1.23%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.07%
stellar
Stellar (XLM) $ 0.093548 2.64%
kaspa
Kaspa (KAS) $ 0.109884 5.41%
whitebit
WhiteBIT Coin (WBT) $ 19.10 1.51%
ethereum-classic
Ethereum Classic (ETC) $ 18.18 2.68%
first-digital-usd
First Digital USD (FDUSD) $ 0.99837 0.11%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.302033 3.33%
blockstack
Stacks (STX) $ 1.52 4.61%
okb
OKB (OKB) $ 37.78 1.25%
dogwifcoin
dogwifhat (WIF) $ 2.08 5.44%
filecoin
Filecoin (FIL) $ 3.39 2.93%
aave
Aave (AAVE) $ 134.72 4.07%
crypto-com-chain
Cronos (CRO) $ 0.072358 2.45%
arbitrum
Arbitrum (ARB) $ 0.487678 2.83%
mantle
Mantle (MNT) $ 0.560894 1.64%
immutable-x
Immutable (IMX) $ 1.09 2.04%