Latin American Keys is an informative and analytical summary regarding the political and economic situation in the Latin American region. These key takeaways, prepared monthly by ATREVIA´s Analysis and Research team, serve to be a useful tool in understanding the evolution of the political-institutional state of Latin America.
The general trend in the region has been the recording of relatively good economic data, amidst pre-electoral developments in several countries and the persistence of environmental problems.
On this last point, southern Brazil suffered one of the worst floods in decades, with hundreds missing or dead and billions of dollars in
economic losses. Its neighbor Uruguay is on alert for this reason, with just a few weeks left until the primaries that will decide the presidential candidates of each party.
There are also just a few days left for the federal elections in Mexico, with Claudia Sheinbaum of the ruling Morena party leading the polls to become the country’s first female president. Meanwhile, the results of the latest voting have already been announced in Ecuador. The citizens backed nine out of the eleven questions posed in the popular consultation and referendum, mainly focused on security issues.
Argentinian President Javier Milei had two positive pieces of news. His first legislative victory came with the approval in the Chamber of Deputies of a reformist bill, and the first single-digit inflation rate was recorded since his term began. The last month was more uneven for Colombian President Gustavo Petro. He made progress in the pension system reform, but the healthcare one was rejected. Additionally, there were massive protests against him, although some were held in his support.
Peru finally achieved some political stability, which adds to good economic results. Chile also had encouraging data in this regard, and
a historic electoral pact was reached, involving various parties from the ruling coalition and the left, in preparation for the upcoming local elections.