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Latin America

All articles tagged with #latin america

Oil’s supply puzzle: why more drilling isn’t an instant fix
business22 days ago

Oil’s supply puzzle: why more drilling isn’t an instant fix

Despite high prices, expanding oil output is slow and complex: long project lead times, capital costs, storage and refining bottlenecks, and potential US shale declines mean that simply drilling more won’t quickly ease the global shock; investors are eyeing diversification beyond the Middle East, notably in Latin America where Brazil, Guyana, and Argentina could add supply, while Venezuela’s revival remains a possibility. With demand shifts and price uncertainty, the fix is likely a gradual, long‑term shift rather than an immediate spike in supply.

Shakira Delivers Historic Free Copacabana Show to a Massive Rio Crowd
musicentertainment23 days ago

Shakira Delivers Historic Free Copacabana Show to a Massive Rio Crowd

Shakira headlined a free Copacabana Beach concert in Rio de Janeiro on May 2, drawing about 2 million people. The Las Mujeres Ya No Lloran world tour set included hits like Hips Don’t Lie and La Tortura, with skywriting drones overhead spelling “I love you Brazil.” Officials estimate the event could boost the local economy by roughly 777 million reais ($155 million) through tourism and spending, citing City Hall and Riotur, as attendees from across Brazil and Europe celebrated Latin identity and the city’s post-Carnival glow.

Barcelona Summit Signals New Progressive Counterweight to U.S. Influence
world1 month ago

Barcelona Summit Signals New Progressive Counterweight to U.S. Influence

Latin American leftist leaders Lula da Silva, Gustavo Petro and Claudia Sheinbaum met in Barcelona with Spain’s Pedro Sánchez to push for a loosely aligned progressive bloc focused on inequality, climate change and reforms to global institutions, while challenging U.S. foreign policy; analysts say the Barcelona gathering signals a potential counterweight to U.S. influence across the region and beyond, though critics warn it remains early-stage and that many governments in the hemisphere pursue market reforms and security-focused policies that often align with U.S. priorities.

Latin America Reorients Toward China as U.S. Influence Falters
world1 month ago

Latin America Reorients Toward China as U.S. Influence Falters

April 2026 polls and trade data show Latin America tilting toward China while U.S. approval sinks to negative levels, with China becoming the top trading partner for Brazil, Chile, Peru, and Argentina and expanding financing/infrastructure deals. Mexico stands out as the only country with meaningful military leverage near the U.S., but most governments pursue economic diplomacy with both powers, raising debt and security concerns as Beijing and Washington vie for influence in the region.

Aging Latin America: The Quiet Demographic Rewrite Reshaping the Region
world1 month ago

Aging Latin America: The Quiet Demographic Rewrite Reshaping the Region

Latin America’s fertility rate has plunged to about 1.8 births per woman while life expectancy rises, triggering rapid aging that could slow growth and strain pension systems. By 2050 the median age may hit 40, reshaping labor markets, taxes, and social policy, even as a rising “silver economy” offers new opportunities in elder care, health tech, and productivity. Countries like Uruguay and Chile illustrate both the social challenges of shrinking student populations and the policy experiments intended to ease the transition, with potential cross‑generational and political shifts on the horizon.

U.S. Boat Strikes Escalate to 50, Killing Over 170 Civilians
world1 month ago

U.S. Boat Strikes Escalate to 50, Killing Over 170 Civilians

The Intercept reports that under the Trump administration the U.S. has carried out 50 strikes on civilian boats in the Caribbean and Pacific, resulting in at least 171 civilian deaths, as part of Operation Southern Spear. Experts say these killings amount to illegal extrajudicial actions and mark a troubling shift from traditional drug-war tactics, with some strikes moving onto land near the Colombia–Ecuador border and heightened pressure on human-rights bodies. Rescue efforts have often failed to save survivors, and critics urge congressional accountability.

Peru braces for crowded vote as ninth president in a decade meets a resurrected bicameral Congress
world1 month ago

Peru braces for crowded vote as ninth president in a decade meets a resurrected bicameral Congress

Peru heads to the polls with about 35 contenders vying to become the ninth president in 10 years, as a 2024 constitutional change restores a bicameral Congress where impeachment powers shift to a 60-seat Senate requiring 40 votes; the crowded race underscores ongoing political volatility, with candidates like Rafael López Aliaga and Carlos Álvarez promising different security and governance approaches.

Peru's sprawling election tests a nation worn by a decade of upheaval
latin-america1 month ago

Peru's sprawling election tests a nation worn by a decade of upheaval

Peru kicks off a record-sized presidential race amid a decade of upheaval that has seen nine presidents and widespread corruption probes, with about 35 candidates vying for a run-off and Keiko Fujimori among the front-runners; many voters remain undecided and skeptical, while analysts warn the outcome could intensify a power struggle with a Congress that is gaining influence as Peru prepares to reintroduce a Senate.

Peru’s pro-Trump frontrunner stalls as election nears
latin-america1 month ago

Peru’s pro-Trump frontrunner stalls as election nears

Peru’s presidential race features 35 candidates, but Rafael Lopez Aliaga, once the frontrunner with a pro‑Trump stance, has slipped to about 7% and is unlikely to reach a June runoff, as Keiko Fujimori leads in polls. Analysts say Trump’s endorsement is not decisive for most Peruvians, who remain focused on domestic issues and distrust the US more than China, making Aliaga’s late alignment with Trump a potential risk rather than a boost in this highly unpredictable contest.

Nio plants three-brand flag in Costa Rica to kick off Latin American expansion
business1 month ago

Nio plants three-brand flag in Costa Rica to kick off Latin American expansion

Nio opened its first Costa Rica store, its first overseas location, showcasing its three-brand lineup (Nio, Onvo, Firefly) and models such as Nio ET5 Touring, EL6, EL8, and Onvo L60, with Onvo L90 pre-sales announced for EXPOMOVIL. The showroom is operated with Horizontes Cielo Azul as the national distributor, signaling a shift to an asset-light expansion in Latin America and aligning with broader overseas push (including Thailand and future Australia/New Zealand).

El Salvador’s emergency crackdown leaves thousands of children without caregivers
latin-america1 month ago

El Salvador’s emergency crackdown leaves thousands of children without caregivers

Four years into El Salvador’s state of emergency, mass detentions tied to gang violence have left tens of thousands of children without parental care, creating psychological and economic strain even as authorities tout a drop in violence and rights groups condemn the erosion of civil liberties.

Caribbean boat strike leaves four dead as US widens anti-drug campaign
world2 months ago

Caribbean boat strike leaves four dead as US widens anti-drug campaign

The U.S. military says it struck a Caribbean boat suspected of drug trafficking, killing four people, as Washington expands its crackdown on smugglers in Latin America. The Pentagon offered no evidence the vessel carried drugs, and critics question the legality and effectiveness of such strikes, which have resulted in at least 163 fatalities since September.

defense2 months ago

US Signals Broader Anti-Drug Campaign in the Americas, Open to Ground Ops

At a House Armed Services Committee hearing, a top DoD official said Operation Southern Spear’s lethal boat strikes against drug smuggling in the Caribbean and eastern Pacific are only the beginning and could include ground operations; Democrats warn of mission creep and legality concerns, while Republicans praise the effort as homeland defense. The campaign has reported 157 deaths in 45 strikes and more than 15,000 service members deployed, with discussions to expand to land targets in coordination with partner militaries.