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.
Most countries in Latin America have recorded less encouraging macroeconomic data, breaking the positive trend of recent months. Additionally, the dengue outbreak is worsening at a regional level, likely due to issues related to climate change, and several countries are facing energy challenges, especially due to setbacks in the hydroelectric sector.
Politically, the assault on the Mexican Embassy in Quito by Ecuadorian authorities, in an attempt to capture former vice president and fugitive Jorge Glas, was the most significant news, leading to the rupture of diplomatic relations between both countries and criticism of the Ecuadorian government by international organizations and world leaders.
The instability in Peru continues, now with six ministerial changes in a context where President Dina Boluarte is being investigated by the police, who raided her home. Meanwhile, Colombian President Gustavo Petro has suggested the possibility of forming a National Constituent Assembly due to the difficulties he is facing in advancing his government’s projects, an initiative that is unlikely to succeed.
The political confrontations in Chile resulted in the appointment of new presidents in both chambers of Congress, but after the breaking of agreements and tight votes. Javier Milei in Argentina did not get the green light in the legislature, where the Senate rejected his Decree of Necessity and Urgency as the president marks his first 100 days in office.
Uruguay was one of the few countries to report favorable economic data, regarding inflation and employment. However, there were also record numbers of confirmed dengue cases, although not reaching the levels of neighboring Brazil, a country that accumulates 70% of the cases in the region.