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Economy & Business - October 2025

LEADER
Recently, the electoral pattern across Latin America and the Caribbean has been for incumbent governments to be thrown out by voters angered by poor economic performance.... Read More
ANDEAN COUNTRIES
Recent weeks have seen violent clashes in Ecuador between protesters and law enforcement, following the cancellation of diesel subsidies by an executive decree issued on 12 September.  As a result of the subsidy’s cancellation, local media reported that the price of a gallon of diesel rose from US$1.80 to US$2.80 – an increase of 55%.... Read More
While President Gustavo Petro has adopted an ever more confrontational stance ahead of next year’s elections, which will begin with the legislative contest in March, Colombia’s conservative establishment is working to prevent a further deterioration of the country’s economy.... Read More
BOLIVIA | Some recovery in international reserves.... Read More
BRAZIL & SOUTHERN CONE
It was a moment of weakness or despair when Argentina’s President Javier Milei on 15 September promised to boost government spending and increase cooperation with legislators and governors after pushing draconian austerity measures for nearly half of his mandate.... Read More
The idea of building a structure across the estuary that separates the coastal cities of Guarujá and Santos in the state of São Paulo has been around for nearly a century but never came off the drawing board because of a host of technical, political, and financial problems.... Read More
With the approval of Marfrig’s merger with fellow meatpacker BRF, Brazil now has two players among the world’s top five meat processing giants.... Read More
It was no more than one sentence in a central bank report on monetary policy, which normally would have found little interest outside of the investment community, that provoked a public debate over President Gabriel Boric’s legacy.... Read More
PARAGUAY | Fitch revises up Paraguay’s outlook.... Read More
CENTRAL AMERICA & CARIBBEAN
The Panama Canal Authority (ACP) has started the process of selecting a partner to build a planned interoceanic gas pipeline, which is a key part of a newly published 10-year plan to secure future revenue growth.... Read More
The International Monetary Fund (IMF) has praised the Guatemalan government for its “prudent economic management,” but called on President Bernardo Arévalo to do more to increase growth and reduce poverty.... Read More
HONDURAS | New staff-level agreement with IMF.... Read More
MEXICO & USMCA
The Mexican government’s renewed commitment to support state oil company Petróleos Mexicanos (Pemex) through a long-term strategic plan that includes both direct and indirect financial support has led credit rating agencies to upgrade the heavily indebted company’s bonds.... Read More
President Claudia Sheinbaum’s 2026 budget proposal, unveiled on 8 September, has twin aims: to consolidate both the social and infrastructure agenda of her predecessor, Andrés Manuel López Obrador (2018-2024), and reduce the swollen fiscal deficit that he left behind.... Read More
President Claudia Sheinbaum has proposed increasing taxes on sugary drinks in order to reduce consumption as part of efforts to combat high rates of obesity and diabetes, which are a significant public health challenge for Mexico.... Read More
MEXICO | Vehicle sales up, exports and production down.... Read More

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