Brazil & Southern Cone - February 2024

Argentina’s legislature has delivered a numbing reality check to the country’s new president, Javier Milei: the defeat of his all-encompassing omnibus bill that would have given him special powers to overhaul swathes of the country’s economy.... Read More

It was too good to be true.... Read More

Civil society organisations in Argentina launched a petition on 15 January which called for environmental legislation to be maintained, amid efforts by the government of President Javier Milei to pass sweeping plans for deregulation.... Read More

Argentina’s armed forces has undergone a major shake-up following new decrees published on 2 January by the government led by President Javier Milei which replaced the commanding officers of the army, navy, and air force.... Read More

The heads of Brazil’s three branches of government held a ceremony to celebrate the resilience of the country’s democratic institutions one year after the 8 January riots, when thousands of right-wing rioters stormed government buildings in Brasília, many of whom were calling for a military intervention to overturn the 2022 election defeat of former president Jair Bolsonaro (2019-2023).... Read More

Brazil has announced a long-awaited industrial development plan with a R$300bn (US$60bn) budget for the three years left in President Luiz Inácio Lula da Silva’s term.... Read More

Another Latin American airline filed for bankruptcy in January amid ongoing financial troubles.... Read More

The approval of President Gabriel Boric’s flagship pension reform by Chile’s chamber of deputies in late January was a bittersweet victory for the 38-year-old former student leader, as the lower house approved the base text of the reform almost 15 months after it was presented but rejected two key proposals that would have financed a more equitable pensions system and created a public pension fund manager.... Read More

On 16 January Chile’s senate ratified the United Nations (UN) High Seas Treaty, which aims to establish protected marine areas.... Read More

PARAGUAY | First international bond issuance in local currency.... Read More