Instead of the major economic crisis that was previously predicted, Latin America appears to be in a period of stagflation—growing too slowly to meet populations’ needs, with high but not crisis-level inflation. But several presidents are now questioning the independence of the central banks, a potential warning sign to the region.
One hundred days into his new term in office, Brazilian President Luiz Inacio Lula da Silva is returning to familiar policy approaches in an effort to restore Brazil’s regional and global leadership. But a difficult domestic political and economic environment may constrain his foreign policy ambitions.
Former President Donald Trump’s indictment last week may have left the U.S. in uncharted waters. But the rest of the Western Hemisphere provides plenty of lessons for what happens when a former president is indicted. While a successful trial and conviction is possible, not all cases end the political careers of former leaders.
