Mexicans head to the polls on Sunday and, while Claudia Sheinbaum appears to be a shoo-in to win the presidency, attention will probably focus on the congressional results which will determine her leeway to govern. We'll be hosting an online briefing on Monday at 10am ET/3pm BST to discuss the macroeconomic implications of the election. Sign up here. Elsewhere, the IMF's upwardly-revised estimate of potential growth in Brazil looks a bit too optimistic to us and we think that several structural headwinds mean that growth of c.2% is more likely.
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