The Importance of Chile's Pension Reforms

As if we hardly need reminding that Chile's controversial pension reforms were the focal point of protests at the heart of the civil unrest or "estallido social". This has been particularly incendiary in Chile with the AFP's origins dating back to the Pinochet dictatorship. Chile has always seemed like the Switzerland of Latin America, routinely topping regionally adjusted league tables, but obviously it was massively inequitable and the pension system bred particular resentment over time.  On The LatinNews Podcast this week, we speak to Nicholas Barr, Professor of Public Economics at the London School of Economics and Political Science and author of numerous books and papers on the welfare state including pensions and higher education finance. Follow LatinNews for analysis on economic, political, and security developments in Latin America & the Caribbean. Twitter: @latinnewslondon LinkedIn: Latin American Newsletters Facebook: @latinnews1967 For more insightful, expert-led analysis on Latin America's political and economic landscape, read our reports for free with a 14-day trial. Get full access to our entire portfolio.

On The LatinNews Podcast this week, we take a look at the implications of mass deportations from the United States and the possible effects of this on Trinidad and Tobago's society, the current state of emergency due to violent crime as well as the upcoming elections in April. With the surge in gang-driven crime due to transnational drugs, arms and people trafficking, Trinidad and Tobago finds itself negotiating a precarious balancing act in managing the challenges of being located alongside Venezuela and adhering to demands from the United States. We speak to Ivelaw Lloyd Griffith, an expert on Caribbean affairs, a scholar turned writer and author of ten books, a retired political scientist who has served as President of Fort Valley State University and Vice Chancellor of the University of Guyana amongst other accolades.Follow LatinNews for analysis on economic, political, and security developments in Latin America & the Caribbean. Twitter: @latinnewslondon LinkedIn: Latin American Newsletters Facebook: @latinnews1967 For more insightful, expert-led analysis on Latin America's political and economic landscape, read our reports for free with a 14-day trial. Get full access to our entire portfolio.

On The LatinNews Podcast this week, we take a profound look at current events involving Panama, most notably the statements about the country made by President Trump. Was Panama a bad deal for the US? Is there a possibility of the US invading Panama in a second take on 1989's operation Just Cause? Does China control the canal? It's a sign of the times that we have to seriously consider the possibility of President Trump ordering an invasion of a democratic ally. So, we put Panama's diplomatic tensions with the US into a historical context and deconstruct many of the baseless fallacies being repeated. Explaining in great depth and clarifying many of the complexities in the relationship between Panama and the US and the issues of the canal and Chinese involvement is John Feeley, former US ambassador to Panama, former political consultant for Univision, an officer and helicopter pilot in the Marine corps and a senior western hemisphere official. Follow LatinNews for analysis on economic, political, and security developments in Latin America & the Caribbean. Twitter: @latinnewslondon LinkedIn: Latin American Newsletters Facebook: @latinnews1967 For more insightful, expert-led analysis on Latin America's political and economic landscape, read our reports for free with a 14-day trial. Get full access to our entire portfolio.

As his popularity continues to wane, President Lula appears as if disconnected to the new realities in Brazil as he faces the most testing time in his political career. The weakness of Brazil's currency, the rising cost of living, the disastrous municipal elections in October 2024, the fiscal deficit and investor concerns are all issues which Lula needs to face up to but, as yet, has been unable to address. This week on The LatinNews Podcast, we speak to Richard Lapper, author and journalist and expert on Latin America. Lapper speaks about the potential consequences of Lula's failure to encourage his Partido dos Trabalhadores, Workers' Party in moving beyond its core politics, which were developed in 1970s and 1980s, to the new national reality in which poorer Brazilians are increasingly individualistic in their economic opportunities and therefore more detached from decisions in Brasilia. We also look ahead at the presidential elections tabled for October 2026 and ask: is there an anointed successor to Lula or opposition figure and former president Jair Bolsonaro and how Brazil's judiciary and congress are gaining more power at the expense of the executive.Follow LatinNews for analysis on economic, political, and security developments in Latin America & the Caribbean. Twitter: @latinnewslondon LinkedIn: Latin American Newsletters Facebook: @latinnews1967 For more insightful, expert-led analysis on Latin America's political and economic landscape, read our reports for free with a 14-day trial. Get full access to our entire portfolio.

Suriname will vote for a new president on 25 May 2025 in what are seen as crucial elections set against the backdrop of economic uncertainty and the forthcoming exploitation of potentially wealth-changing oil reserves for the country.Presently, there are 15 to 17 parties registered and in this episode of The LatinNews Podcast we provide an explainer of the main parties and political players, the most pressing concerns of the electorate such as the economy, healthcare and relations with Guyana. Joining us is journalist Ank Kuipers who provides us with insightful considerations of current events in Suriname. We delve into how the electoral process works in Suriname, the issues of corruption and clientelism, the protests of 2023 and the impact of the death of the controversial if charismatic figure of Desi Bouterse in December 2024. Follow LatinNews for analysis on economic, political, and security developments in Latin America & the Caribbean. Twitter: @latinnewslondon LinkedIn: Latin American Newsletters Facebook: @latinnews1967 For more insightful, expert-led analysis on Latin America's political and economic landscape, read our reports for free with a 14-day trial. Get full access to our entire portfolio.

On The LatinNews Podcast this week, we take a look at the challenges ahead for Mercosur, Mercado Común del Sur (Southern Common Market), as this trading bloc seeks to sign a FTA with the EU despite opposition from several European nations and approval from others, political polarization and enmity between Argentina's President Milei and Brazil's President Lula. Does this new look deal being negotiated differ at all from the original one, what can we expect during this era of new international contexts with the government of President Trump in the USA, will Mercosur expand and will there be an agreement so that individual member states achieve bilateral trade deals with third parties? We speak to Ignacio Bartesaghi, PhD in International Relations, Director of the Instituto de Negocios Internacionales at the Universidad Católica del Uruguay and expert on Mercosur.Follow LatinNews for analysis on economic, political, and security developments in Latin America & the Caribbean. Twitter: @latinnewslondon LinkedIn: Latin American Newsletters Facebook: @latinnews1967 For more insightful, expert-led analysis on Latin America's political and economic landscape, read our reports for free with a 14-day trial. Get full access to our entire portfolio.

If we take President Milei's achievements in Argentina at his word, his policies have led to the reduction of inflation, created a fiscal surplus and a reduction of the country's credit debts. He has avoided impeachment, hyperinflation, reduced price indexes, controlled social unrest and carried out far-reaching austerity measures.Can President Milei consolidate stability, avoid problems with the exchange rate and maintain fiscal discipline in 2025 all in the lead up to mid-term elections in October?On The LatinNews Podcast this week, we speak to Jorge Morgenstern, chief economist at Galicia MAS and formerly chief economist for HSBC in Latin America and explore how the Argentine public has largely bought in to the Milei experiment and looking ahead, with elections in Chile in 2025 and then in Colombia and Peru in 2026, could this model from Argentina - formerly a byword for economic instability in the region - be exported across the region.Follow LatinNews for analysis on economic, political, and security developments in Latin America & the Caribbean. Twitter: @latinnewslondon LinkedIn: Latin American Newsletters Facebook: @latinnews1967 For more insightful, expert-led analysis on Latin America's political and economic landscape, read our reports for free with a 14-day trial. Get full access to our entire portfolio.

Despite mineral production never having dominated the economies of Central American countries, change appears to be on the horizon. On The LatinNews Podcast this week, we talk to Paul Harris, Americas editor for Mining Journal, Senior editor for Kitco and organizer of the Colombia Gold Symposium to hear his thoughts on upcoming decisions in El Salvador, Costa Rica and Panama. Firstly, President Bukele's proposal to walk back his country's 2017 total ban on metal mining in El Salvador and encourage multinational firms to exploit gold deposits, meanwhile, Costa Rican President Rodrigo Chaves submitted a bill to the unicameral National Assembly to reverse the ban on open-pit mining in that country. And, despite massive social protests in Panama in 2023, due to allegations of serious environmental contamination surrounding a copper mine there, President Mulino looks set to revisit the question of this closure. We ask Paul Harris about the possible outcomes of each circumstance, whether this may shake up attitudes to mining in Mexico and also extend our conversation to include the probabilities of a new mining code being released in Colombia in 2025. Follow LatinNews for analysis on economic, political, and security developments in Latin America & the Caribbean. Twitter: @latinnewslondon LinkedIn: Latin American Newsletters Facebook: @latinnews1967 For more insightful, expert-led analysis on Latin America's political and economic landscape, read our reports for free with a 14-day trial. Get full access to our entire portfolio.

Hundreds and thousands of Cubans have arrived in the US since 2022, power outages are becoming more frequent and the island does not generate enough from exports to pay for its imports, does anything remain of the "achievements of the Revolution" such as: health, education and social equality? On the LatinNews podcast this week, we speak to William LeoGrande, Professor of Government and a specialist in Latin American politics and the US Foreign Policy toward Latin America and ask: what next for Cuba and the regime? December 2024 is the 10th anniversary of Obama's decision to normalize relations with the nation, and now Cuba's Miguel Diaz Canel has declared that his country is now in a "wartime economy." Follow LatinNews for analysis on economic, political, and security developments in Latin America & the Caribbean. Twitter: @latinnewslondon LinkedIn: Latin American Newsletters Facebook: @latinnews1967 For more insightful, expert-led analysis on Latin America's political and economic landscape, read our reports for free with a 14-day trial. Get full access to our entire portfolio.

Specialists on Latin America are hopeful that the region will play a more central role in President Trump's foreign policy agenda. However, how does the importance of Latin America rank regarding the US pulling back from Ukraine and the conflict in the Middle East? Can Trump's advisors have a unified view of US policy towards Latin America or can we expect a foreign policy forged through a prism of migration and drugs alone? This week on The LatinNews podcast we speak to Tom Shannon, formerly undersecretary of state for political affairs in the US Department of State, US ambassador to Brazil, assistant secretary of state for Western Hemisphere affairs and  special assistant to the president and senior director for Western Hemisphere affairs at the National Security Council. In a conversation that gallops across Latin America addressing questions from migration to Lithium mines and autocrats to trade tariffs, Ambassador Shannon talks about the US's strategic partnerships, Donald Trump's desire to be a "prosperity president" over a "war president," and the pragmatism of various regional players. Follow LatinNews for analysis on economic, political, and security developments in Latin America & the Caribbean. Twitter: @latinnewslondon LinkedIn: Latin American Newsletters Facebook: @latinnews1967 For more insightful, expert-led analysis on Latin America's political and economic landscape, read our reports for free with a 14-day trial. Get full access to our entire portfolio.