Prospects 2023

Latin America / Caribbean

A looming global recession and domestic political troubles will dog the government in 2023

Next year's general elections will dominate the political and economic outlook, with no obvious winner in sight

President-elect Luiz Inacio Lula da Silva takes office on January 1 with a sprawling coalition and strong opposition

Economic recovery, opposition talks and US-Venezuela relations will be key ahead of the 2024 presidential election

The coming year looks set to be dominated by inflation concerns and elections, both local and national