Search results

Mexico’s budgetary pressures will keep growing

Location:

MEXICO

The budget deficit is increasing markedly and will probably top 6% of GDP in 2024 -- the highest level since the late 1980s -- while economic growth remains in the 2-3% range.

Mexico expropriation risk may rise as AMLO term ends

Location:

MEXICO

The move was not altogether unexpected, with the energy ministry having previously hinted it was possible. It nevertheless feeds concerns that the outgoing administration of…

Foreign exchange shortages will persist in Guyana

Location:

GUYANA

These difficulties have arisen despite the sharp rise in oil output to nearly 143 million barrels last year, from which the government received some USD1.6bn in revenues. Oil…

China trade deal has pros and cons for Ecuador

Location:

ECUADOR

The deal, which was finalised under former President Guillermo Lasso (2021-23) and approved by the National Assembly in February, promises improved access to expanding Chinese…

Rapid recovery will prove elusive in Argentina

Location:

ARGENTINA

The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…

Mexico candidates’ economic plans are overly ambitious

Location:

MEXICO

Their economic proposals are intended to impress voters but seem largely uncosted and risk generating unrealistic expectations of the winner. Polling points to a clear victory for…

Venezuela election moves could see renewed sanctions

Location:

VENEZUELA

Incumbent Nicolas Maduro will contest a third term, having been chosen as the ruling United Socialist Party of Venezuela (PSUV)’s candidate by ‘acclamation’. Under the electoral…

Mexico’s Sheinbaum looks set to maintain AMLO’s legacy

Location:

MEXICO

The constitution prohibits President Andres Manuel Lopez Obrador (AMLO) from standing again. However, given his continuing personal popularity and dominance of the ruling National…

Brazil renewables will gain priority amid challenges

Location:

BRAZIL

Brazil has one of the cleanest energy matrixes in the world by international standards. However, the production of oil and oil derivatives continues to grow, and the country is…

Opposition will struggle for consensus in Venezuela

Location:

VENEZUELA

Thirteen candidates made the March 25 deadline. This did not include Corina Yoris, nominated three days previously by Maria Corina Machado, the disqualified candidate of the…