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Ecuador economy plans may run into difficulties

Location:

ECUADOR

The second had been delayed pending the inauguration of President Guillermo Lasso and confirmation of his commitment to the agreement’s objectives. Lasso reached a new deal last…

Political manoeuvring will be key for Ecuador’s Lasso

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ECUADOR

The conservative alliance that supported his election collapsed in mid-May, after his Creating Opportunities (CREO) failed to back the Social Christian Party (PSC) candidate for…

Pandemic will force economic policy reversal in Brazil

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BRAZIL

The crisis induced by the COVID-19 epidemic and social distancing measures to contain it will leave deep scars on the Brazilian economy. Still struggling to recover the ground…

Costa Rica’s pandemic response faces political hurdles

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COSTA RICA

In August, it asked the IMF for a USD1.75bn credit under the Extended Fund Facility. This will come on top of the USD504mn approved by the IMF for emergency financial assistance…

Mexico election results will impede any major reforms

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MEXICO

President Andres Manuel Lopez Obrador (AMLO)'s ruling National Regeneration Movement (Morena) succeeded, with its allies, in retaining a majority of seats in the lower house of…

Brazil government unity and support may face limits

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BRAZIL

President Luiz Inacio Lula da Silva’s cabinet-level economic team includes three potential presidential successors, representing parties from the centre-left, centre and…

Peru's Boluarte will stay in office at least for now

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PERU

There appears to be a political understanding between parties on the centre and far right that reduces pressure for calling early elections. President Dina Boluarte now appears…

Colombia vote raises concerns for mining firms

Location:

COLOMBIA

Local vetoes on mining activities.

Brazil pension reform will tackle deficit, not growth

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BRAZIL

The government estimates that the reform will save 914.3 billion reais (231.3 billion dollars at the current exchange rate) over ten years. An additional 19.2 billion reais could…

Pension bill will challenge unpopular Chile president

Location:

CHILE

As well as triggering heated debate about its merits as a means of mitigating the economic effects of COVID-19, the bill, presented by left-wing legislators, represents a key…