AMLO ups spending, favoring the middle class and the military; Uruguay’s financial stability attracts investment—and crime follows; Peru’s democratic backsliding is passing the point of no return.

Forget regional integration. Basic diplomacy will remain an uphill battle until the region’s leaders return to a shared definition of democracy.

Peru shows no economy is insulated from politics forever; Panama and few others bat above the average on anticorruption; Xóchitl Gálvez puts opposition on the map ahead of Mexico’s 2024 presidential …

The credit risk of oil exporting countries such as Venezuela and Russia tends to move with the price of oil. As a country’s oil export revenue improves, so does its ability to pay its debts. Recent…