Latin America
Prospects for Colombia in 2025
The next year looks likely to be characterised by modest growth and election preparations
ColombiaTrump’s win heralds a dangerous new phase for markets
Uncertainty about Trump’s economic agenda in his second term is fuelling market volatility as well as ‘Trump trades’
United StatesMomentum is building for an EU-Mercosur agreement
The EU and Mercosur are reportedly moving towards concluding a free trade agreement
EUGas supply risks are higher than oil supply risks
Gas prices have risen on supply risks but oil prices remain near USD70 per barrel on successive cuts to demand forecasts
InternationalState will dominate Mexico’s electricity sector
The Sheinbaum administration looks set on realising AMLO’s vision for the electricity sector
MexicoClimate action disagreements will endure at COP29
Azerbaijan is hosting this year’s COP29; its president has opened with an attack on foreign governments
InternationalLeadership change could prompt fresh violence in Haiti
As a new interim prime minister takes power, the country’s main airport has again come under attack
HaitiUS tariffs will reduce world trade, especially in 2026
The Republican campaign vow to charge tariffs on all US imports raises the prospect of markedly higher tariffs globally
International
