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Brazil and Southern Cone - June 2019

Introduction

Brazil and the Southern Cone countries have all been dealing with their respective political problems over the past month. In Argentina and Uruguay, economically embattled incumbent governments are preparing for a tough race in an October general election. Jair Bolsonaro’s young administration in Brazil has had to deal with multiple protests and in-government scandals as it attempts to push important economic and fiscal reforms through congress. In Chile, President Sebastián Piñera is attempting to reverse his increasingly low approval ratings amid a slowdown in growth. Paraguay is feeling the impact of neighbouring economic crises as President Mario Abdo Benítez tries to keep his ruling Asociación Nacional Republicana-Partido Colorado (ANR-PC) in line.

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