Paraguayan President Santiago Pena is attempting to market the country as a burgeoning destination for foreign investment. But weak rule of law and illicit enterprises continue to permeate Paraguay’s political institutions, threatening to set back Pena’s agenda, the country’s progress and wider regional security.
Latin America Archive
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Over the past two decades, China became an increasingly powerful player in Latin America, displacing the U.S. as a top trading partner and strengthening its political influence in the region. But now, China’s growth has suddenly slowed, creating significant economic risks for Latin America—and opportunities for the United States.
The past three decades of Latin American history are full of presidents who stretched the constitutional limits of power and extended their mandate. Most, but not all, left their country worse than they found it. El Salvador’s Nayib Bukele’s name can now be added to that list. His legacy depends on what happens in the coming five years.
One of the most important elections of the year, especially for the United States, will be in Mexico, where the next president will have to navigate not only the country’s internal problems, but also manage ties with Washington and deal with the increasingly negative attention the country receives north of the border.