The Latest Breaking News from Mexico

Mexico's election results are a strong argument that waiting for progress to just happen doesn't work.

Mexico has reached a political milestone. According to a quick count by the country’s electoral commission, Mexican voters have just elected their first female president. In a society that has long treated its women unfavourably, it is a seismic shift.

Thousands of singing, flag-waving people packed a downtown square to celebrate Claudia Sheinbaum's ground-breaking victory as Mexico's first woman president.

On top of security, immigration and the green transition, Mexico's President-elect Claudia Sheinbaum is facing a host of economic challenges. In this year's budget, Mexico's public deficit stands at 5.9 percent, the largest in decades. Plus, as she seeks to cut spending, Sheinbaum will have to decide what to do…