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Category: Latin America

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Ruling Party Candidate Pena Scores Major Win in Paraguay Vote.

-May 1, 2023

Santiago Pena, a former finance minister, scored a major victory in Paraguay’s presidential election Sunday, as voters gave the ruling Colorado Party a third straight mandate to run the South American country. Pena, 44, had 43 percent of the vote with more than 98 percent of voting stations counted, according to preliminary results from the […]

Colombia’s Finance Chief Shake-Up Vaults Petro Ally.

-April 27, 2023

Colombian investors are reeling from the ouster of the man who did more than anyone else to bolster their faith in the country under its first-ever leftist government: finance chief Jose Antonio Ocampo.  The sudden shuffle by President Gustavo Petro is expected to send financial markets sliding when they open on Thursday. While local markets […]

Brazil Supreme Court bans Telegram over neo-Nazi data

-April 27, 2023

Google, Apple, and four Brazilian telecom companies have been ordered to remove Telegram from their app stores and other platforms after the company failed to turn over all the requested data of neo-Nazi group administrators, the PF Intelligence Directorate announced on Wednesday. Telegram will be fined 1 million reals ($198,000) per day as long as […]

-April 26, 2023

Brazil President Luiz Inacio Lula da Silva is seeking advice from Spain’s Labor Minister Yolanda Diaz to increase workers rights and a clamp down on delivery apps, as he mulls employee-friendly changes to the country’s labor laws.  Diaz met with Brazilian Labor Minister Luiz Marinho in Madrid on Tuesday, a day ahead of Lula’s encounter with […]

Efrain Alegre Paraguay Candidate Says Taiwan Alliance Costing Opportunities.

-April 24, 2023

Paraguay’s leading opposition presidential candidate Efrain Alegre said Monday that his country’s long-standing alliance with Taiwan is costing it opportunities and will be reviewed if he’s elected in general elections April 30.   Taiwan isn’t making the same sacrifices as Paraguay, said Alegre, adding no decision has been made about the future of the relationship. […]

Argentina’s Massa Rejects Devaluation Speculation as Peso Sinks.

-April 22, 2023

Argentine Economy Minister Sergio Massa dedicated his Friday to denying market speculation about President Alberto Fernandez resigning and a currency devaluation, according to a candid audio message he sent on WhatsApp to a group chat as the peso hit record lows.  “No man, it’s impressive the amount of rumors. I’ve spent the whole day answering […]

What’s at Stake as Ecuador’s President Faces Impeachment

-April 21, 2023

Ecuador, one of the few countries in South America with a market-friendly leader, faces weeks of political turmoil as opposition politicians in the National Assembly seek to remove President Guillermo Lasso for the second time since he took office in May 2021. The impeachment case accuses the former banker of failing to stop an alleged […]

Colombia Seeks Biden’s Support for Radical New Policy on Drugs.

-April 20, 2023

Cocaine, migration and Venezuela will be high on the agenda when US President Joe Biden hosts Colombian leader Gustavo Petro at the White House on Thursday. Petro, Colombia’s first leftist president, is taking his country in radical new directions in the war on drugs, foreign policy, and its economic model.  Amid all of this, Biden […]

Top Biden Aide Speaks to Brazilian Official After Lula Scolds US.

-April 19, 2023

US National Security Advisor Jake Sullivan spoke to his Brazilian counterpart on Tuesday after that country’s president, Luiz Inácio Lula da Silva, accused America of “encouraging war” while on a visit to China. Sullivan and Celso Amorim “discussed a number of bilateral and global issues, including Russia’s war against Ukraine” and “continued cooperation to combat […]

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