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Electricity shortages create new problems in Ecuador

Location:

ECUADOR

Precautionary measures to prevent the collapse of the electricity system were implemented on October 27 and are expected to continue for several weeks. Rationing has left most of…

Exclusion will undermine Brazil’s carbon market plan

Location:

BRAZIL

While this could help decarbonise the country’s industry and attract investments in offsetting projects, the exclusion of the agriculture and livestock sector from the…

Water woes will have multiple impacts in Peru

Location:

PERU

As well as exposure to the El Nino phenomenon, Peru is one of the Latin American countries most susceptible to climate change. Erratic rainfall patterns threaten agriculture…

Brazil's fiscal situation will improve gradually

Location:

BRAZIL

That followed a primary surplus equivalent to 0.5% of GDP in 2022. The negative result in 2023 was partly caused by exceptional circumstances, notably the early payment of…

Mexico will be a key player in US-China trade tensions

Location:

MEXICO

However, it appears to have done so in no small part due to geopolitics rather than the strength of its own economy. Chinese investments and Mexican imports of Chinese products…

Brazil food security improves but inequality persists

Location:

BRAZIL

Of those, 8.7 million, or 4% of the population, went hungry. This represents a substantial drop from recent years, thanks to a mix of policy action and positive economic…

Prospects for Venezuela in 2024

Location:

PROSPECTS 2024

The outlook for the government is positive. A thaw in relations with the United States and EU, plus sanctions relief, will bring economic benefits and social spending. The slow…

IMF deal will bring little relief in Argentina

Location:

ARGENTINA

The new agreement envisages a primary surplus of 2% of GDP, a zero general deficit and reserves accumulation of USD10bn; it includes no new funding. However, the widening gap…

Panama Canal woes will have local and global impacts

Location:

PANAMA

The situation has sent policymakers scrambling to identify fixes, as shippers explore alternative routes and the country faces the loss of hundreds of millions of US dollars in…

Brazil's Amazon drought poses environmental challenges

Location:

BRAZIL

Since late September rains have failed in the Amazon region, causing the most severe drought in over a century. Factors including El Nino, climate change and ongoing fires are…