President Santokhi of Suriname faces an economic and political crisis caused by inflation and IMF-backed austerity measures.

Mass protests broke out in Suriname last month after President Chan Santokhi decided to comply with the conditions of the government’s International Monetary Fund loan agreement—including a phasing out of state subsidies and the introduction of a new tax. The timing of the government’s austerity measures couldn’t have been worse.

chile's boric shakes hand with fellow pink tide winner gustavo petro of colombia

The “pink tide” that swept across Latin America in the early 2000s is making a comeback, after having been overtaken by a wave of conservative governments. Major advances in the region are also in danger, and Russia and China are deepening trade ties across the region. What’s next for South America?