Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Mexican education bill threatens powerful teachers' union

Dec 11 2012, 12:55 IST
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Mexico's new president unveiled a planned overhaul of the country's struggling education system on Monday in a challenge to the powerful teachers' union, which has long been seen as an obstacle to progress. (Reuters) Mexico's new president unveiled a planned overhaul of the country's struggling education system on Monday in a challenge to the powerful teachers' union, which has long been seen as an obstacle to progress. (Reuters)
SummaryMexico's new president unveiled a planned overhaul of the country's struggling education system on Monday in a challenge to the powerful teachers' union, which has long been seen as an obstacle to progress.

recent bid by the conservative National Action Party (PAN) to impose more transparency on the country's unions that would have weakened her position. The PRI had strong ties with the union during the 71 years

it ruled Mexico before the PAN ousted it in a 2000 election. There have been mounting calls for Gordillo's removal as union leader but "la maestra" ("the teacher") has a tight hold on a small party the PRI needs for votes and it is unlikely to cooperate with Pena Nieto if his government tries to oust her. The reform, according to politicians at the event, includes measures aimed at giving more autonomy to schools, voiding promotions not based on merit, and launching a nationwide survey to register teachers and students.

It also would grant independence to an organization charged with evaluating the educational system.

"We all agree on a central point: we urgently need to reform and modernize the legal framework for higher quality, more equitable education," said Pena Nieto.

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