Welcome to this edition of the Weekly Political Compass from Teneo's political risk advisory team! This week, we are taking a closer look at Mexico.
A solution towards a gradual restoration of rates is in the cards as a compromise. As expected, the official results of the 25 February presidential and parliamentary elections are not likely to be announced until 28 February. The restoration of fuel tax rates back to their pre-election levels is at the top of the political agenda this week. Together with the looming local elections in May, the UK politics around this final major Brexit-related deal will determine the degree of Conservative cohesion in the run-up to elections next year. The ruling Reform party is set to win the parliamentary elections scheduled for 5 March and has the best chance of forming a new coalition government led by Prime Minister Kaja Kallas. Our graph of the week zooms in on housing costs in major European cities.
There were a couple of surprises for Philip Nolan as he tested the hybrid Jeep Compass last week.
I'm not sure it's the best crossover out there, but I cut it a lot of slack. It has a bit of sass absent from other crossovers, and sits in the driveway like it has owned it forever. It's not a word I use often about cars, but it looks cheeky, and I like that. Combined with a full battery change, you're still getting range of only around 350km, so you will find yourself stopping a bit more often than usual to fill her up. The name alone is iconic, to the point it became a generic term for all SUVs. Later this year, hopefully, we'll also see the fully electric Avenger, but for now we have to make do with this hybrid.