Brazil & Southern Cone - October 2024

This October edition of the Latin American Regional Report: Brazil & Southern Cone begins in Argentina, a country with a deep-seated mistrust in the banking sector, where the government led by President Javier Milei is continuing its asset regularisation drive.... Read More

Argentines have a deep-seated distrust in the banking sector, fuelled by a history of traumatic experiences with devaluations and account freezes – not least the December 2001 ‘corralito’, when the freezing of US dollar accounts following a persistent recession triggered violent protests, the downfall of the economy minister and president, and years of social unrest and instability.... Read More

A high-profile corruption case known as the ‘Caso Audios’ has shaken Chile’s top judicial and political circles.... Read More

The government of President Gabriel Boric has been scrambling to contain a social and economic calamity in the Biobío region after Chile’s largest steelmaker, Compañía Siderúrgica Huachipato (CSH), shut down on 16 September.... Read More

Back in 2019, tech giant Google announced plans to build a data centre in the metropolitan area of Chile’s capital Santiago.... Read More

President Luiz Inácio Lula da Silva and several cabinet ministers have hailed the conclusion of negotiations which began last year to settle a decades-long land dispute in Maranhão state between local quilombola communities and the Brazilian air force (FAB).... Read More

Even before Brazil’s President Luiz Inácio Lula da Silva took office in January of last year he was bashing the central bank’s hawkish monetary policy under its president, Roberto Campos Neto.... Read More

Brazilian authorities as well as public security experts have expressed concern over the connections between organised crime and gun owners with CAC licences (a certification for hunters, sport shooters, and gun collectors).... Read More

“In Paraguay we are no longer improvising with security, we are no longer reactive, but proactive,” President Santiago Peña said on 19 September, at an event in which the government gave the national police (PN) new vehicles and equipment.... Read More

BRAZIL | Electricity tariff raised amid drought.... Read More