Colombian President Iván Duque said that during the past months of political and social unrest, “the rule of law, institutionality, and democracy has prevailed,” despite the numerous cases of police brutality and human rights violations that have been reported.
According to a recent report from the Department of the Treasury, investors from the United States are rapidly fleeing the once most promising and three largest countries of Latin America (Brazil, Mexico and Argentina).
By Patricia Justino and Bruno Martorano (*) – While the rise of populist politicians in Europe and the US gets a lot of attention from the media and researchers alike, the drivers of the populism taking hold in emerging and developing economies still receives relatively little scrutiny.
President Jair Bolsonaro has never been more popular in Brazil, despite his country's woeful handling of the COVID-19 pandemic. Bolsonaro, who tested positive for the virus on July 7, has dismissed it as a “little flu”. Brazil passed five million Covid-19 cases on Tuesday and recorded its 150.000th death on Saturday.
By Gwynne Dyer – There is a tension at the heart of populist political parties that may ultimately lead most of them to electoral defeat. They depend heavily on the votes of the old, the poor and the poorly educated — “I love the poorly educated,” as Donald Trump once put it — but they are also right-wing parties that do not like what they call “socialism.” (Other people call it the welfare state.)
Argentina's currency collapsed 30.3% to a record 65 Pesos to the US dollar while government bonds sold off steeply on Monday after the country’s market-friendly, President Mauricio Macri, performed worse than expected in Sunday primary elections.
Argentines are facing what is probably the tightest presidential race since the return of the country’s democracy in 1983 with conservative President Mauricio Macri facing an opposition ticket including ex-President Cristina Fernández, and the primary elections Sunday are expected to provide a hint of who might win October’s vote.
Pope Francis on Sunday asked forgiveness in the name of the Catholic Church for the mistreatment of the Roma people, a move likely to increase tensions with Italy's anti-immigrant Interior Minister Matteo Salvini.
The best way to describe what just happened in the European Union elections is to say that the choices are getting clearer ― and a lot of people are realizing which side they are on. The elections to the EU Parliament held last week in 28 European countries ― including the United Kingdom, since three years after the Brexit referendum, it still hasn't managed to leave ― was the second-biggest democratic exercise in the world.
German Chancellor Angela Merkel called for Europe to push back against far-right parties, saying populist movements wanted to destroy core European values such as fighting corruption and protecting minorities.