After months of escalating inflation in Latin America, it is slowing down, although it remains at high levels. However, GDP growth forecasts remain encouraging. On the other hand, there was a slight generalized upturn in Covid-19 cases, but this did not result in higher hospitalizations and deaths.
In the electoral arena, following the elections for six governors in Mexico, López Obrador’s party now leads 20 of the country’s 32 states. In Colombia, the leftist candidate Petro lost the lead in the polls for the first time to the Independent candidate Hernández. Meanwhile, in Brazil, polls indicate the possibility that Lula da Silva will win the presidency in the first round.
In Argentina, disputes between the President and vice-president continue. The Peruvian Government also suffers instability, with new changes in the cabinet and accusations of corruption against Castillo. The Legislative calls a truce with the President of Ecuador, giving the green light to his bill on the progressive use of force. Nevertheless, in the next few days, he will have to confront the social protests called by the Indigenous Movement.
If accepted, the new Chilean Constitution will allow the President to be reelected, something that is not currently in place. The Dominican Republic expects to surpass its historical record in tourist arrivals. Paraguay is experiencing social unrest due to deadly attacks against authorities.