Latin America

Colombia's GDP shrank by 0.3% YOY in Q3 2023. Excluding the pandemic, the last time…

Milei's recent announcement has helped dissipate dollarization fears; however, his proposed fiscal shock will likely…

In 2022, Colombia passed a reform that establishes taxes on ultra-processed foods and sugary beverages,…

As the tax reform advances in Congress, it further veers from its original intent—with multiple…

Massive protests erupted in Panama in recent weeks against a new law that allows the…

The election results further decrease the so-called “Petro risk” in Colombia, as they limit the…

Senior officials of the US State Department announced a six-month relief of most sanctions imposed…

While the second round appears more competitive than initially anticipated, Milei will likely moderate his…

We maintain our view of further currency devaluation after the presidential election and more severe…

With the election of Daniel Noboa, Ecuador selects another center-right president, easing fears of a…

Given the increasing macroeconomic misalignments, we maintain our view of a further currency devaluation after…

For 2024, the main risks continue to be around the under-execution of investment projects and…

While the budget proposal would lift Mexico’s fiscal deficit above the BBB forecast median of…

While the current economic crisis amplifies support for far-right stances, risky policies could deter private…

Marcelo Ebrard's exit from MORENA could alter political dynamics, but he is unlikely to challenge…