Mexico
Today, learn about: 1) What the new FDI numbers mean for Mexico 2) The key component of Latin America's role in the global AI competition 3) Are the victories of the Latin American Right over? What fueled them?
US-LatAm
USMCA is likely to survive, but the 2026 review is changing the logic of North American trade. Washington is not treating the pact as a simple renewal exercise. The United States is using the process to press Mexico and Canada on rules of origin, China-linked inputs, tariffs, and economic security.
Brazil
However, the rate cut boosts President Luiz Inácio Lula da Silva campaign for re-election in October despite the macroeconomic risk.
Cyber Risk
Many companies are expanding digital operations in markets where cyber maturity, enforcement capacity, and user awareness remain uneven. The result is a larger gap between digital opportunity and digital resilience.
Colombia Election
The risk for investors is that Colombia now has a president with a narrow mandate, a powerful opposition, and a financial dilemma that will require negotiation almost immediately. De la Espriella has a narrow timetable to deliver on his campaign promises.
AI Competition
Latin America is not a bystander in the AI race. The region is becoming a strategic infrastructure partner, supplying the energy, land, and connectivity that global AI systems require. The signal is structural participation, not passive observation.
Colombia
Colombia’s runoff pits Petro ally Iván Cepeda against right-wing outsider Alfredo de la Espriella in a race shaped by security, debt, oil dependence, Ecopetrol, and the country’s U.S.–China tilt.
Spain
Yet, while this mounting turmoil threatens Madrid's domestic stability, Spain's foundational foreign direct investment relationship with Latin America remains anchored by long-term corporate interests and is unlikely to weaken.
Peru
Peru’s election risk is elevated, but the sovereign-credit signal remains contained. Fujimori’s narrow lead gives Peru a near-term legitimacy test.
Guyana
While deepwater operations like TotalEnergies’ $10.5 billion Gran Morgu project anchor long-term volumes, the shallow-water pivot introduces a fast-tracked, lower-cost ecosystem that significantly lowers the barrier to entry for mid-size explorers.
Audio Brief
Argentina’s improving economic data is being overshadowed by scandal. Bolivia’s crisis is reaching a tipping point. And Washington’s “Don-roe Doctrine” is putting US interventionism back at the center of Latin America’s political and commercial map.
Venezuela
Signal: Venezuela’s oil and debt recovery is gaining momentum after Maduro’s removal, with crude output rising and a major sovereign and PDVSA debt restructuring now underway. Impact: The business risk appears in the gap between energy recovery, creditor negotiations, legal credibility, political legitimacy, and institutional repair. Watchpoint: Track