Economy & Society

SOCIETY

Credit: Mariana Greif/Reuters. Edited by Sociedad Media

Why Has Latin America Gone Right?

MIAMI — Sociedad Media’s Editor’s feature argues that Latin America’s rightward shift is driven above all by security, as voters demand order against extortion, kidnapping, drug violence and street crime.

It traces how El Salvador’s Nayib Bukele became a template for the region, then walks through the conservative wins in Chile, Colombia, Peru, Bolivia, Honduras, Costa Rica, Ecuador, Argentina and Paraguay, backed by polling on insecurity and the economy.

Security is always a prerequisite to prosperity. Societies and nations cannot prosper if their populations are not safe. If their stake-hold in the society in which they live cannot be ensured by the government that taxes its residents and claims a mandate to govern that society, why would citizens risk their efforts or possessions striving for that which can be stripped from them?

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President of Colombia Abelardo de la Espriella. Credit: Raul Arboleda/AFP/Getty Images
Economy & Society

ECONOMY

Marcopolo factory, one of the world’s largest bus manufacturers with operations across multiple continents, in Caxias do Sul, Brazil, March 25, 2026. Credit: Diego Vara/Reuters

South America’s Economic Outlook 2026: What the IMF Expects, Country By Country

SOUTH AMERICA — The published piece lays out the IMF’s October 2026 outlook for South America, projecting about 2.1% growth for the region this year and 2.3% for Latin America and the Caribbean as a whole.

It runs through the country forecasts, with Venezuela, Paraguay, Peru and Ecuador leading, Brazil, Colombia and Argentina in the middle, and Chile and Bolivia lagging, including a projected 3.0% contraction in Bolivia.

The article explains how the Middle East energy shock, high borrowing costs and little benefit from the AI boom weigh on growth, and notes that the IMF revises these forecasts several times a year.

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Economy & Society

SOCIETY

Emergency response workers arrive in Piura as part of MIDAGRI to aid in emergency support operations during El Niño. Photo: Mindef Perú/X

Peru Deploys 1,600 Troops in Piura as El Niño Looms Over a Growing Economy

LIMA — Peru deploys about 1,600 Army, Air Force and Navy personnel across Piura, split between the city and the high-risk areas of Sullana, Ayabaca and Máncora, as the region braces for an El Niño that ENFEN says has a 62% chance of being extraordinary.

The piece covers the early drainage results and Defense Minister Rafael Belaunde’s claim that flooded streets were cleared far faster than in past seasons, Piura’s history of outsized El Niño losses, and a national economy that has grown 3.1% through August, with a 3.4% full-year projection and fishing, agriculture and textiles already in recession.

The government’s S/ 18 billion package for 2027 will include cash bonuses, infrastructure spending and tax and credit relief for affected companies, and President Keiko Fujimori’s pledge that El Niño will not stall growth.

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Economy & Society

SPECIAL COVERAGE

SOUTH AMERICA

Photo: El Comercio

Ecuador Detains Former Presidential Candidate Luisa González in Money Laundering Probe

QUITO — Ecuadorian authorities detained former presidential candidate Luisa González at her home in Canuto, Manabí, early Thursday in a joint police and prosecutor operation tied to Caso Laberinto, a money laundering investigation into her 2023 campaign’s financing.

The piece explains the case’s origins in an electoral court fine over undeclared advertising and unsupported contributions, how it differs from the separate Caja Chica probe, and González’s political background, including two losses to Daniel Noboa and a rejected bid for the Manabí prefecture.

It also reports Revolución Ciudadana’s claims of persecution and demands to know her whereabouts, and notes that charges have yet to be formally presented, no court has determined guilt, and no response was available from the Noboa government.

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Economy & Society

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