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Brazil & Southern Cone - January 2026

Introduction

This January edition of the Latin American Regional Report: Brazil & Southern Cone begins with a look at the apparent signals from Chile’s far-right President-elect José Antonio Kast that he might moderate his stance and seek unity in order to pass reforms for his security agenda. He made promises throughout his campaign to enact hardline measures including mass deportations. However, during his victory speech, his tone struck a somewhat less polarising note, suggesting a willingness to work with other political parties. Still focusing on Chile, the next piece also considers how Kast will likely need to compromise on his more radical campaign promises to ensure governability, as well as outlining some of the economic challenges facing the incoming Kast government.

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