Peru was hardly hit by the Covid-19 pandemic and a permanent state of political crisis, and yet, Peru’s economy kept performing well due to a fresh wave of domestic investments and increase in public spending. However, the country and its government still face serious challenges for its long-term economic health.
Moscow’s actions in Ukraine were met with widespread condemnation in Latin America. There were, however, a few unsurprisingly friendly words from allied governments and some ambiguous reactions from regional sympathizers.
Although Mercosur might have had some important economic victories during its 31st year of existence, the truth is that the bloc is still entangled with too much infighting and bad blood. Mercosur is due for a major overhaul if it wants to regain its relevancy.
One year away from the next Brazilian federal election, Lula and Bolsonaro – the exponents of the two most prominent political movements in Brazil – are the clear frontrunners. However, as rejection rates to both their names increase, it is worth wondering whether a dark horse candidate can break their tug-of-war and steal a victory.
