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Last night, Charlie Rose interviewed Mexico's President Felipe Calderon.
It was the first time I had heard Calderon expound on the many issues challenging Mexico...and in English!
Prior to this interview, I had only seen snippets of Calderon pronouncements.
Surprisingly, he speaks excellent English...better than I speak Spanish or Portuguese.
After about 30 minutes, Calderon seemed to visibly relax.
Perhaps he realized that Rose was not going to play 'gotcha" with him, ie, no questions about alcohol abuse.
My overall impression of Calderon now is more favorable.
That President Calderon can be a charming free market salesman...with a willingness to take on the narco thugs...but only until his term ends in 2012.
What's your impression?
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While in NYC, Calderon, speaking with BLOOMBERG, addressed Mexico's inflation...saying it is "under control."
Annual inflation there in April was 3.36%...or about half Brasil's 6.51%...and close to the c.bank’s target of 3%.
Calderon also said that GDP grew to more than 5% in Q1...from 4.6% in Q4.
“I would like to see even better growth, but it’s not bad,” Calderon said. “Under the circumstances it’s a very good performance.”
He also said he would like to see Pemex become more efficient like Brasil's Petrobras...with a second reform of it...but that Pemex is unlikely to sell shares.
http://www.bloomberg.com/news/2011-05-11/calderon-says-inflation-under-control-as-commodities-sink-mexico-credit.html
