Latin America
Lula will face challenges in deeply divided Brazil
Former President Luiz Inacio Lula da Silva has won the presidential run-off by the narrowest of margins
BrazilTight supply and uncertain demand to drive oil markets
Oil demand forecasts for 2023 vary due to high uncertainties; tight supply will gradually ease
InternationalCopper may face long-term output decline in Chile
Geological, operational and climate factors are behind a decline in copper output since last year
ChileDebt distress to far outgrow global mitigation efforts
Discussions of developing economies' debt overstate sovereign debt and China's role and underplay private sector debt
InternationalMexican public indebtedness will remain restrained
The president is determined to ensure debt remains manageable
MexicoCOP27 climate summit looks likely to disappoint
The COP27 climate change conference will be held this year in Egypt, against a backdrop of heightened global tensions
InternationalBreaches spotlight role of cybersecurity standards
Several international bodies publish cybersecurity standards for organisations but they serve as a baseline
InternationalMexico’s proposed budget will pass largely intact
Mexico’s budget for 2023 is prudent if somewhat optimistic, but contains some questionable cuts and allocations
Mexico
