July 2, 2018Mexico
Yesterday, Andrés Manuel López Obrador, best known by his initials, AMLO, won Mexico’s presidential election decisively. After 18 years on the campaign trail, including two previous failed presidential runs, thousands of rallies, and, by his count, a visit to every one of Mexico’s 2,400 municipalities, the Tabasco-born politician received the support of 53 percent of voters at the polls, according to an offical rapid count by electoral authorities. Meanwhile, the National Regeneration Movement (MORENA), López Obrador’s four-year-old political party, gained a majority in congress, and a majority of the nine governorships up for grabs.
June 14, 2018Argentina
Markets welcomed the International Monetary Fund’s (IMF) $50 billion rescue stabilization package last week, which seems to be stabilizing the peso. But the financial umbrella will be costly. Rightly or wrongly, Argentines blame the IMF for precipitating their country's worst economic crisis. In the eyes of many voters, the mere association will damage President Mauricio Macri’s standing.
May 23, 2018Brazil
Latin American nations remain isolated, trading little with each other. Regional economic integration is vital to compete globally and grow faster domestically. In order to do this, they must create cross-border supply chains and move up in the value chain.
May 7, 2018Mexico
Enrique Pena Nieto was supposed to be the Institutional Revolutionary Party's savior. But instead, the ruling party looks to lose in the upcoming elections with candidate Jose Antonio Meade. Yet the PRI's political model will live on in the form of MORENA's Andres Manuel Lopez Obrador.