Democracy is at risk due to populism: Alejandro Valenzuela – El Sol de México

Alejandro Valenzuelageneral director of Azteca Bankwarned about “the return of populism” in the world, specifically in Latin America, and said that this phenomenon was a consequence of “people’s desperation due to the Covid-19 pandemic.”

In a message to the participants of the 79th. General Assembly of the Inter-American Press Society (IAPA)this year called “Power is freedom”, the executive pointed out that there are risks of authoritarianism and, therefore, risk for democracies.

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At the meeting, which opened this Thursday and concludes its work next Sunday, and which takes place in a hotel in the Historic Center of Mexico City, Valenzuela del Río stated that the current risk to the economies is the “structural unemployment.”

During the lunch offered by Grupo Elektra to those attending the IAPA Assemblyassured that the current government is not understanding fundamental aspects of democracy, such as the rule of law and security for citizens.

“Governments are not understanding the problems of health, education, basic infrastructure and, on the contrary, they are politicizing everything,” he said.

He CEO of Banco Azteca He also commented that the post-covid era has proven that the pandemic affected human relationshipsespecially as people became accustomed to working from home and not interacting face-to-face with co-workers.

Alejandro Valenzuela He explained that financial inclusion is very complex and that this is proven by the fact that around 50 percent of the world’s population does not have access to banking services.

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“In the Mexico of the 21st century, full coverage of banking services for the population has not been achieved,” he mentioned.

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