Latin America
Early Argentine economic successes are unsustainable
Initial government success in cutting spending and lowering inflation will not be maintained as the economy declines
ArgentinaColombia’s new mining law poses regulatory risks
Efforts to tighten regulations on large extractive projects risk compromising the sector's economic potential
ColombiaBrazil labour market improves but doubts will persist
Unemployment fell to an nine-year low at the end of 2023, but informality remains high and growth is cooling
BrazilSeoul-Havana relations will hurt Pyongyang
South Korea and Cuba have restored diplomatic relations
South KoreaPeru mining plans will bring no rapid improvements
The government hopes for a substantial boost in flagging mining investments between now and the 2026 elections
PeruVenezuela election moves could see renewed sanctions
The presidential election has been set for July 28, an early date chosen unilaterally by the authorities
VenezuelaEcuador’s 2024 budget will prompt mixed reactions
Following a surge in criminal violence at the start of the year, Ecuador’s 2024 budget is dominated by security concerns
EcuadorIron ore is set to face a supply surplus from 2025/26
Iron ore -- the best industrial commodity performer in 2023 -- will be well supported by fundamentals this year
International
