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Andean Group - July 2025
Introduction
President Daniel Noboa has moved one step closer to overturning Ecuador’s constitutional ban on foreign military bases, which is one of the defining legacies of former president Rafael Correa (2007-2017).... Read More
Ecuador
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Ecuador’s President Daniel Noboa is making big business pay to help balance the budget, while reopening the mining sector to new projects and cracking down on illegal activities that finance criminal gangs.... Read More
Colombia
Two leading credit rating agencies have downgraded Colombia on the back of a deteriorating budget scenario and a less predictable fiscal policy.... Read More
The motivations behind an assassination attempt against conservative opposition Senator Miguel Uribe Turbay remained shrouded in uncertainty at the time of writing in late June.... Read More
Colombia was elected for a two-year term on the United Nations (UN) Security Council on 3 June as one of five new non-permanent members selected by the UN General Assembly.... Read More
Bolivia
Bolivia’s deputy minister for industrialisation policy, Luis Siles, announced on 22 June that road blockades carried out that month by supporters of former president Evo Morales (2006-2009) had cost the country over US$250m.... Read More
Peru
Julio Velarde, president of Peru’s central bank (BCRP), issued a rare public criticism of his country’s finance ministry on 20 June.... Read More
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Choose from one of the following options
- Introduction
- One step closer to the return of foreign military bases
- Higher costs but more opportunities after mining overhaul
- Fiscal unravelling triggers credit downgrades
- Petro accused of inciting violence as senator shot
- Elected to the UN Security Council
- The rise of roadblocks as a pressure tactic
- Central bank criticises finance ministry
- Counting the cost of crime
- Economic Highlights