Brazil & Southern Cone - June 2023

After considering the economic consequences of Paraguay’s 30 April presidential elections last month, this June issue of the Latin American Regional Report: Brazil & Southern Cone provides an overview of the electoral process as a whole, highlighting how the clear victory for Santiago Peña, the candidate for the ruling Associación Nacional Republicana-Partido Colorado (ANR-PC), concealed a more complex political landscape in which public trust in democracy is being eroded, as a more radical opposition emerges.... Read More

Paraguay’s presidential elections on 30 April delivered a resounding victory for the ruling Asociación Nacional Republicana-Partido Colorado (ANR-PC), with its candidate Santiago Peña collecting 42.7% of the vote, 15 points more than his closest challenger Efraín Alegre.... Read More

Looking at a chart of Argentina’s international monetary reserves, the International Monetary Fund’s (IMF) regular loan payouts look like a heartbeat on an electrocardiogram, seemingly injecting a flash of life into the struggling economy. And yet the country’s financial health is waning.... Read More

While the government of Alberto Fernández is struggling to keep the Argentine economy from falling apart in hopes of avoiding the worst for his Peronist party in October elections, much of the damage may already have been done.... Read More

In 2015 Brazil’s state-owned oil company Petrobras booked its largest loss ever under the leftist president Dilma Rousseff (2011-2016).... Read More

When Brazil’s President Luiz Inácio Lula da Silva visited China from 12-14 April, not only did he sign 15 bilateral agreements with his Chinese counterpart Xi Jinping, but he also met Chinese business leaders, such as the chairman of the China Communications Construction Company (CCCC), Wang Tongzhou, and the head of the vehicle manufacturer BYD, Wang Chuanfu.... Read More

It took over half a year, but Uruguay finally approved a pension reform that soured workers and opposition parties but boosted the credibility of the country’s public finances.... Read More

The world’s largest-ever outbreak of avian influenza has been decimating the global bird population since October 2021.... Read More

ARGENTINA | Strong tourism numbers.... Read More