Vicente Fox Quesada is inaugurated as the president of Mexico, marking the first peaceful transfer of executive federal power to an opposing political party following a free and democratic election in Mexico's history.

Vicente Fox Quesada is a Mexican businessman and politician who served as the 62nd president of Mexico from 2000 to 2006. After campaigning as a right-wing populist, Fox was elected president on the National Action Party (PAN) ticket in the 2000 election. He became the first president not from the…