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Andean Group - November 2021

Introduction
We begin this November issue of the Latin American Regional Report: Andean Group in Peru, where President Pedro Castillo’s first 10 weeks in office were almost completely overshadowed by a series of scandals in which key figures in his cabinet were alleged to support, or to have been members of, the Maoist guerrilla group Sendero Luminoso (SL).... Read More
Peru
President Pedro Castillo’s first 10 weeks in office were almost completely overshadowed by a series of scandals in which key figures in his cabinet were alleged to support, or to have been members of, the Maoist guerrilla group Sendero Luminoso (SL).... Read More
Ecuador-Colombia
Along with Panama, that most geographically strategic of Latin American nations, the US State Department wooed Colombia and Ecuador in October with Build Back Better World (B3W), a G7-led infrastructure development scheme seen as a rival to China’s Belt and Road Initiative (BRI).... Read More
Ecuador
“We will take the battle to the underworld,” Ecuador’s President Guillermo Lasso declared on 18 October as he decreed a 60-day state of exception to tackle mounting violence related to drug trafficking.... Read More
During this year’s election campaign, Ecuador’s President Guillermo Lasso promised that his government would create 2m jobs over its four-year term.... Read More
Bolivia
Two weeks of mounting tensions between rival factions of the Bolivian coca growers’ union Asociación Departamental de Productores de Coca de los Yungas de La Paz (Adepcoca) came to a head in dramatic fashion on 4 October.... Read More
Bolivia’s minister of the presidency, María Nela Prada, announced on 14 October that the government would be withdrawing a bill designed to strengthen the powers of its financial investigations unit (UIF) to prevent money laundering.... Read More
Venezuela
After eight years of recession and hyperinflation, there are some signs that the Venezuelan economy may be near to rebounding from its catastrophic decline.... Read More
Highlights
PERU | Downgraded by Fitch.... Read More

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