For Pedro Hernandez, a striking elementary-school teacher from the southern state of Oaxaca, his union's protests disrupting Mexico's capital aren't just about education. They're about stopping President Enrique Pena Nieto.

"We're against all the structural reforms," the 37-year-old said last week as he walked down Mexico City's central boulevard as part of an organized march of 15,000. Hernandez held a sign that read "Mexico has no president."

The demonstrations, which persuaded Mexican lawmakers to delay votes on education-reform legislation that would have subjected teachers to standardized evaluations, are a sign to Barclays Plc that Pena Nieto may struggle to push through his energy and tax-law plans without modification.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.