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Brazil & Southern Cone - May 2025
Introduction
This May edition of the Latin American Regional Report: Brazil & Southern Cone begins with an analysis of the President Javier Milei’s decision to lift currency and capital controls in Argentina, which was facilitated by a sizable financing package led by the International Monetary Fund (IMF).... Read More
Argentina
President Javier Milei’s attempt to fix Argentina’s notoriously crisis-prone economy has entered yet another decisive phase as he lifted currency and capital controls in April, backed by a sizeable financing package led by the International Monetary Fund (IMF).... Read More
Brazil
Brazil’s supreme court (STF) has concluded a high-profile case commonly known as the ‘ADPF das Favelas’.... Read More
When the centre-right government of President Michel Temer (2016-2019) pushed a sweeping labour reform through congress eight years ago, Brazil’s business leaders rejoiced over the prospect of legislation doing away with endless labour disputes in court.... Read More
Paraguay-Brazil
Tensions have risen between Paraguay and Brazil after the Brazilian media revealed that Brazil’s intelligence agency (Abin) had allegedly spied on Paraguayan authorities from 2022-2023 to obtain information related to negotiations to revise Annex C of the Itaipú Treaty, the section which determines the prices for the sale of surplus electricity generated by the binational Itaipú hydroelectric dam.... Read More
Chile
The green light from Chile’s antitrust regulator for the tie-up between lithium producer SQM and state-owned copper giant Codelco is a major step for President Gabriel Boric to heighten state control over the burgeoning white metal industry.... Read More
Isabel Allende Bussi, a member of the left-of-centre Partido Socialista (PS) and daughter of Chile’s former president Salvador Allende (1970-1973), has lost her seat in the senate over a controversial initiative by the government of President Gabriel Boric to buy her father’s house in Santiago and convert it into a museum.... Read More
Economic Highlights
BRAZIL | Former central bank chief to join Nubank.... Read More
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