Mexican president vows to bail out the poor, not big companies, in coronavirus response

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Mexican president vows to bail out the poor, not big companies, in coronavirus responseMexican President Andres Manuel Lopez Obrador said on Monday he would focus his response to the coronavirus outbreak on helping the poor rather than major companies as the virus spreads in Mexico, and that he would unveil more details on Tuesday. Although the government has yet to take drastic measures to slow the contagion, such as issuing travel bans or requiring self-isolation, it has banned large events, suspended classes in primary schools and recommended people keep distance from others. Lopez Obrador later wrote on Twitter that he would speak at his daily news conference on Tuesday about plans to protect Mexico’s most “vulnerable” population, adding that the country had sufficient public finances.



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