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.
With no elected leadership currently in place, Haiti’s governance crisis would be helped by a new election to put in place a legitimate government that can begin solving the country’s challenges. It’s a simple recommendation that quickly becomes complicated by the country’s current situation as well as its recent and distant past.
Former U.S. President Donald Trump upended what was once a relatively staid global economic and trade system. For all of the upheaval he created, though, Trump left office with only one clear-cut accomplishment: an updated NAFTA deal. And even as Trump sowed chaos in America’s trade relationships, most of the world reinforced its commitment to trade liberalization.
Violence and corruption in Central America, particularly in the Northern Triangle countries, is causing a wave of outward migration. Since taking office, the Biden administration has pledged to tackle the root causes of the problem, which the Trump administration’s restrictive measures and pressure on regional governments did nothing to address. Meanwhile, efforts at reform across the region face opposition from entrenched interests that benefit from the status quo.
Venezuela is unlikely to invade Guyana and destined to lose if it does. So why is it building up troops on the border, in violation of the two sides’ agreement not to do so? At least part of the answer relates to another deal Caracas recently broke that was supposed to lead to internationally monitored elections later this year.
There is no silver bullet for solving the humanitarian challenge on display in the Darien Gap, which thousands of migrants pass through daily. But any solution must involve creating sustainable economic opportunities for residents of border towns, so they are not drawn into the lucrative business of human smuggling.
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.
Cuban President Miguel Diaz-Canel replaced the country’s economy minister, amid delays to planned price hikes for fuel and transportation that the government blamed on a cyberattack. The fate of the measures, which had been scheduled for Feb. 1, is now uncertain. But the economic crisis that made them necessary is exceedingly clear.
In April 2021, Cuba experienced a watershed moment when Miguel Diaz-Canel became the leader of the Cuban Communist Party, completing a political transition that began three years earlier when Diaz-Canel was inaugurated as president. Now, for the first time since the 1959 revolution, a Castro leads neither the country nor the party, making way for a new generation of leaders to chart the island nation’s path forward.
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.