Latin American Weekly Report
Weekly Report - 27 March 2025 (WR-25-12)
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- US threatens 25% tariffs on buyers of Venezuelan crude
ANDEAN COUNTRIES
- PERU: Congress strikes down key Boluarte ally
- ECUADOR: Feisty debate fails to produce a winner
- COLOMBIA: Petro appoints ally as finance minister
BRAZIL & SOUTHERN CONE
- ARGENTINA: Milei accused of historical revisionism
- CHILE: Pension reform signing acquires electoral dimension
- BRAZIL: Top court greenlights trial for Bolsonaro
- BRAZIL: Lula shores up Japan relations
- TRACKING TRENDS
MEXICO
- MEXICO: Progress in ranch investigation marred
- MEXICO: Teachers challenge Sheinbaum
- TRACKING TRENDS
CENTRAL AMERICA & CARIBBEAN
- HONDURAS: Army and CNE clash over electoral fiasco
- PANAMA: Chinese rumblings over sale of ports
POSTSCRIPT
- Suriname gears up for elections
- Quotes of the week
The complex story of US economic sanctions against Venezuela took a new turn this week, with Washington both extending a waiver that allows the US energy giant Chevron to continue oil production in the country for another month, while at the same time announcing the imposition of new punitive measures against countries that buy Venezuelan oil, in the shape of a new 25% import tariff.
Weekly Report - 20 March 2025 (WR-25-11)
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- Going gets tougher for Milei
ANDEAN COUNTRIES
- COLOMBIA: Petro defiant as finance minister walks out
- PERU: Lima under emergency measures amid crime fears
BRAZIL & SOUTHERN CONE
- CHILE: Opposition turns up the heat
- BRAZIL: Bolsonaro holds lacklustre rally
- TRACKING TRENDS
MEXICO
- MEXICO: New measures target disappearances
- MEXICO: Can praise prevent punishment?
- TRACKING TRENDS
CENTRAL AMERICA & CARIBBEAN
- EL SALVADOR-REGION: Tren de Aragua flights spark crisis
- BELIZE: Ruling PUP sweeps to victory
- GUATEMALA: Outrage as prominent journalist returned to prison
- TRACKING TRENDS
POSTSCRIPT
- Bolivian fuel shortages bite again
- Quotes of the week
Weekly Report - 13 March 2025 (WR-25-10)
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- Petro plans referendum on key reforms
ANDEAN COUNTRIES
- VENEZUELA: Maduro hits back at Chevron withdrawal order
- ECUADOR: Noboa calls in private security
- PERU: Castillo on hunger strike as trial begins
BRAZIL & SOUTHERN CONE
- ARGENTINA: Milei squares up for new battle in congress
- CHILE: Boric anniversary marred by resignations
- BRAZIL: Government hails rise in GDP growth
- BRAZIL: Opposition governor jumps ship
MEXICO
- MEXICO: Sheinbaum basks in adulation – for now
- MEXICO: Macabre discovery puts pressure on Sheinbaum
CENTRAL AMERICA & CARIBBEAN
- HONDURAS: Ballot papers go AWOL
- PANAMA: Unions call strike over pension reform
- TRACKING TRENDS
POSTSCRIPT
- Ramdin becomes first Caribbean OAS chief
- Quotes of the week
Faced yet again with the failure of his labour reform bill to get through congress, Colombia’s President Gustavo Petro announced on 11 March that he would instead put the legislation, as well as a divisive health reform bill, to the people in a national referendum.
Weekly Report - 06 March 2025 (WR-25-09)
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- Sheinbaum secures new delay to Trump tariffs
ANDEAN COUNTRIES
- COLOMBIA: Vice president sidelined in reshuffle
- VENEZUELA-GUYANA: Tensions rise as Venezuela harasses oil rigs
- ECUADOR: Pushback over oil deal
- TRACKING TRENDS
BRAZIL & SOUTHERN CONE
- URUGUAY-ARGENTINA: Orsi investiture marred by Milei absence
- BRAZIL: Lula’s gestures to the left
- BRAZIL: Disappointing results for Petrobras
- CHILE: Tohá throws hat into the ring
- TRACKING TRENDS
CENTRAL AMERICA & CARIBBEAN
- PANAMA: BlackRock deal impacts the canal
- EL SALVADOR: Bukele’s crypto romance not yet over
- TRACKING TRENDS
POSTSCRIPT
- Mexico moves on anti-nepotism law - slowly
- Quotes of the week
Mexico’s President Claudia Sheinbaum is keeping her head amid intemperate outbursts that accompanied the unilateral imposition of a blanket 25% tariff on Mexican products by the US government of President Donald Trump this week.
Weekly Report - 27 February 2025 (WR-25-08)
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- Benedetti’s unstoppable rise continues in Colombia
ANDEAN COUNTRIES
- VENEZUELA: Maduro and Trump square off over crime train
- BOLIVIA: Morales leaves the MAS
- ECUADOR: A violent start to the year
- PERU: Boluarte entangled in new scandal
BRAZIL & SOUTHERN CONE
- ARGENTINA: Milei moves to cement ties with US
- PARAGUAY: Top brass embroiled in corruption scandal
- BRAZIL: Lula takes action as popularity slides
- CHILE: Massive blackout causes concern
MEXICO
- MEXICO: ‘El Mayo’ seeks return
- MEXICO: Judicial elections advance amid controversy
- MEXICO: Ban on planting GM wheat wins congressional backing
CENTRAL AMERICA & CARIBBEAN
- CUBA-REGION: Hegseth visits Gitmo
- HAITI: Gangs launch new offensive
POSTSCRIPT
- UN report savages Nicaraguan regime
- Quotes of the week
The ironclad support of Colombia’s President Gustavo Petro for his ally Armando Benedetti, who was appointed as interior minister on 25 February, continues to be the subject of intense speculation.
Weekly Report - 20 February 2025 (WR-25-07)
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- Brazil’s top prosecutor files charges against Bolsonaro
ANDEAN COUNTRIES
- COLOMBIA: Petro places defence ministry under military control
- ECUADOR: Rattled Noboa reshuffles his cabinet
- VENEZUELA: Maduro sets out constitutional reform package
BRAZIL & SOUTHERN CONE
- ARGENTINA: Milei embroiled in crypto scandal
- PARAGUAY: Congress dismisses disgraced deputy
MEXICO
- MEXICO: Yunes causes friction in Morena
- MEXICO: Government moves on housing reform
CENTRAL AMERICA & CARIBBEAN
- TRINIDAD & TOBAGO: Army ammunition goes missing as violent crime soars
- COSTA RICA: Worries over crime
- HONDURAS: Castro performs a U-turn
- PANAMA: Suntracs leads pension protests
POSTSCRIPT
- Bukele uses sweeping new powers to reform constitution
- Quotes of the week
Since November, Brazil’s attorney general Paulo Gonet has had a police report on file which recommended pressing criminal charges against former president Jair Bolsonaro (2019-2023) for alleged involvement in a plot to launch a miliary coup in 2022 [WR-24-47].
Weekly Report - 13 February 2025 (WR-25-06)
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- Noboa to face González in run-off after photo finish
ANDEAN COUNTRIES
- COLOMBIA: Petro loses top ministers as cabinet row deepens
- VENEZUELA: Deportation flights begin
BRAZIL & SOUTHERN CONE
- PARAGUAY: Corruption scandal rocks system
- BRAZIL: Transparency concerns over congress budgetary grants
- BRAZIL: Semi-presidentialism debate reignited
- ARGENTINA: Election suspension a boon for Milei
- TRACKING TRENDS
MEXICO
- MEXICO: Sheinbaum responds to more US tariffs
- MEXICO: CDMX shooting raises concerns
- TRACKING TRENDS
CENTRAL AMERICA & CARIBBEAN
- REGION: Is an inverse migrant flow possible?
- EL SALVADOR: Bukele bashes USAID
POSTSCRIPT
- Former lawmaker assassinated in Peru
- Quotes of the week
Ecuador’s presidential elections will go to a second round on 13 April.
Weekly Report - 06 February 2025 (WR-25-05)
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- Rubio visit marks regional reset
ANDEAN COUNTRIES
- COLOMBIA: Ministers walk out on Petro after cabinet broadcast
- VENEZUELA: Limited thaw in relations with Washington?
- ECUADOR: Noboa aligns with Trump ahead of elections
BRAZIL & SOUTHERN CONE
- ARGENTINA: Milei to pull out of WHO
- BRAZIL: Moderate conservatives win congress leadership race
- CHILE-VENEZUELA: Diplomatic rift deepens
- TRACKING TRENDS
MEXICO
- MEXICO: Sheinbaum buoyant as US suspends tariffs
POSTSCRIPT
- Boluarte conducts mini reshuffle amid corruption claims
- Quotes of the week
Mulino, who described the meeting with Rubio as “respectful and cordial” and said it should help “to increase as much as possible US investments in Panama”, insisted that Panama’s sovereignty over the Canal is not in question.
Weekly Report - 30 January 2025 (WR-25-04)
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- Petro incurs Trump’s wrath
ANDEAN COUNTRIES
- VENEZUELA: More elections, less credibility
- ECUADOR: Noboa closes in on re-election
- TRACKING TRENDS
BRAZIL & SOUTHERN CONE
- CHILE: Pension breakthrough for Boric
- ARGENTINA: Milei blasts “woke ideology” at Davos
- BRAZIL: Lula’s disapproval surpasses approval rating
- TRACKING TRENDS
MEXICO
- MEXICO: Sinaloa reaches breaking point
- MEXICO: Sheinbaum guns for GM corn ban
- TRACKING TRENDS
CENTRAL AMERICA & CARIBBEAN
- EL SALVADOR: Bukele positioned on Trump’s migration good side
- PANAMA: Mulino defends ownership of the Canal
- TRACKING TRENDS
POSTSCRIPT
- Morales allies prepare to form new party in Bolivia
- Quotes of the week
Colombia’s President Gustavo Petro has come away with a bloody nose after he attempted to push back against US President Donald Trump’s forceful early moves on migration.
Weekly Report - 23 January 2025 (WR-25-03)
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- Petro declares war on the ELN
ANDEAN COUNTRIES
- VENEZUELA: Seeking a Trump 2.0 deal?
- ECUADOR: Noboa weathers criticism in scrappy debate
- PERU: Explosion at the prosecutor’s office
- TRACKING TRENDS
BRAZIL & SOUTHERN CONE
- CHILE: Matthei makes bold bid to unite right
- ARGENTINA: Milei gets surplus boost
- BRAZIL: Rocky road ahead for new COP30 president
- BRAZIL: Lula tells cabinet 2026 elections have begun
MEXICO
- MEXICO: Sheinbaum responds as Trump gets down to work
CENTRAL AMERICA & CARIBBEAN
- PANAMA: Mulino sets out defence of Canal
- TRACKING TRENDS
POSTSCRIPT
- Bukele not bullet-proof
- Quotes of the week
The troubled peace process between Colombia’s government and the Ejército de Liberación Nacional (ELN) guerrilla group moved closer to total collapse on 16 January when the ELN launched a major offensive in the north-eastern department of Norte de Santander.
Weekly Report - 16 January 2025 (WR-25-02)
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- Maduro’s inauguration leaves opposition facing bleak future
ANDEAN COUNTRIES
- ECUADOR: Noboa curtails leave of absence
- BOLIVIA: Morales skips court date as supporters rally
BRAZIL & SOUTHERN CONE
- ARGENTINA: Buoyed by economy, Milei eyes political challenges
- BRAZIL: Inflation concerns weigh on government
- CHILE: Boric ups subsidies, agrees pension compromise
- TRACKING TRENDS
MEXICO
- MEXICO: Sheinbaum celebrates first major milestone
- MEXICO: Plan México seeks to please Trump, private sector
CENTRAL AMERICA & CARIBBEAN
- CUBA: Thaw before the big freeze?
- HAITI: Barbados backs out as crisis deepens
POSTSCRIPT
- Fujimori wins reprieve in money laundering trial
- Quotes of the week
Venezuela’s President Nicolás Maduro was sworn in for a third six-year term on 10 January.
Weekly Report - 09 January 2025 (WR-25-01)
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- Venezuela’s election dispute reaches endgame
ANDEAN COUNTRIES
- ECUADOR: Vice president replaced as campaign period begins
- COLOMBIA-PARAGUAY: Prison murder upsets criminal investigations
BRAZIL & SOUTHERN CONE
- ARGENTINA: Milei’s chainsaw still revving in second year
- CHILE: Boric’s Antarctic trip eclipsed by botched Allende deal
- BRAZIL: Notable absentees at capital riots anniversary
- BRAZIL: Opportunities at the helm of Brics
MEXICO
- MEXICO: State airline in trouble
- MEXICO: Escalating violence in Tabasco
CENTRAL AMERICA & CARIBBEAN
- EL SALVADOR: Congress repeals mining ban
- SURINAME: Bouterse’s death could influence elections
- HONDURAS: Former coup leader arrested
- GUATEMALA: Arévalo lifts minimum wage
- TRACKING TRENDS
POSTSCRIPT
- Murillo gives firm response to Trump over Panama Canal
- Quotes of the week
Venezuela’s President Nicolás Maduro seems all but certain to be sworn in for a third term on 10 January despite a final push by the political opposition to try and encourage a military rebellion against his leadership.