The answer to Lula’s question of who designated the U.S. dollar the global reserve currency is ironic: it was surplus countries such as Brazil and China. And despite what their leaders might say, none of them are in a hurry to upend the current system.
The vast majority of Guatemalans think the country is on the wrong track, but elections are unlikely to lead to improvements.
More political leaders—both left- and right-leaning—have used populist strategies in the past five years than at any time since the 1930s. That is bad news for countries’ economies and businesses.
Rather than imposing a vision about the future of South America, Brazil’s president can gently try to steer debates and hope that the meeting on May 30 is the return of a permanent dialogue among South American leaders.
Brazil’s position on Russia’s war in Ukraine reveals broader misgivings across the global south about the inclusiveness of the supposedly liberal international order.
Some degree of Chinese influence displacing U.S. initiatives is unavoidable, but the United States can leverage individual strength points to collaborate with both Brazil and Mexico.
The Luiz Inácio Lula da Silva administration has a realistic opportunity to attain three historic achievements during its first year: tax reform, a new fiscal framework, and the ratification of the free-trade agreement between Mercosur - a trade alliance formed of Brazil, Argentina, Paraguay, and Uruguay - and the European Union.
The move was supposed to crack down on gangs, but it puts women at further risk of violence.
Corruption allegations, a drought, and economic struggles may threaten the Colorado Party’s seven-decade rule in upcoming elections.
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