Page 5 - MONTT LATIN AMERICAN MAGAZINE, OCTUBRE 2021 (English)

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Chile, a Grim Outlook
Harsh criticism received the political evolution of the country by one of the most prestigious media in the world, The Economist magazine, which stated that Chile “is in worse shape than before”, due to the way the Constituent Convention operates and the polarization between two presidential candidates.
Brazil Abandons its Traditional Austerity
Contradicting his own words when he came to power, the Minister of Economy, Paulo Guedes, abandoned control of fiscal spending. Exhausted by rising inflation, the Secretary of State now expands his list of maneuvers and is heavily criticized by investors.
Argentina: The Economy Worsens and the Legislatives Are Lost
The Frente de Todos coalition of Argentine President Alberto Fernandez lost the majority in the Senate and was left without the control of Congress, after the mid-term legislative elections held a few days ago.
Peru Amending the Path
President Pedro Castillo was forced to replace eight ministers, including his controversial prime minister, Guido Bellido for threatening to nationalize the gas industry. The Interior Minister also resign for a party at his home without covid 19 protocols .
Will Latin American Democracies Survive Social Networks?
Social networks in the Region acquire more and more credibility, to the detriment of the formal communication media. There are two problems derived from this: fake news and the fact that Latin America has the largest users of these networks in the world.
Bolivia: Lithium and Nuclear Energy to be Exploited with Russia
The objective of the Governments of La Paz and Moscow is to elevate bilateral cooperation “to a qualitatively higher level.” Russia will increase and diversify trade with large investment projects.
Colombia: Recovery and Presidential Elections
The country is close to the economic levels of the prepandemic and growth of seven percent is expected. Colombia is preparing for the presidential elections in May 2022nd, where the favorite is a leftist candidate, Gustavo Petro.
Cuba: Civic Marches Will Continue Despite Prohibitions
For the first time in history, a group requests permission from the Government to carry out a peaceful demonstration. The difference between this new action, and the social outbreak in July, is that it is now a political act, which shows the undemocratic attitude of the authorities.
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