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Brazil & Southern Cone - May 2026
Introduction
President Javier Milei’s deregulation drive in Argentina has reached many aspects of the Argentine economy, even the peaks of the Andes mountains, with congress approving legislation that eases environmental regulations for mining companies operating in glacial areas that had been hitherto protected as freshwater reserves. This May edition of the Latin American Regional Report: Brazil & Southern Cone begins with an analysis of the Milei administration’s efforts to attract more investment in the mining sector, which has involved reforms to the national glacier protection law, a controversial move which has been criticised by scientists and environmental groups.
- Introduction
- Deregulation reaches the top of the Andes
- Milei bags victory in YPF nationalisation case
- Indigenous groups give tepid endorsement for Lula
- Lula aims to fix INSS as election pressure mounts
- Kast hails partnership with Milei
- Government seeks to address school violence
- Peña pivots away from austerity with ministerial change
- Economic Highlights