In Ecuador and Peru, elections have now been held. The Brazilian government successfully auctioned off licenses for airports, rail lines and ports.

Despite vaccination campaigns and lockdowns, the saying “When Brazil sneezes, South America has the flu” is confirmed.

At the beginning of the election cycle in the region, it appears that poor crisis management is leading to even greater polarization in politics.

The numbers of new infections and deaths are reaching record levels. The government’s crisis management puts also the Real under pressure.

Countries such as Chile, Brazil and Mexico are ahead of most others in terms of vaccinations. Now, the only thing that must not stop is the supply of vaccines.

The hope that many Latin Americans were already immune was deceptive. In the best case, control of the pandemic will be achieved there in early 2022.

Companies that want to remain competitive in South America will have to invest heavily. Some don’t want to risk that in view of the unclear scenario.

Whether Latin America can benefit from the growth of the global economy depends on how quickly the pandemic is contained in the region.

There are increasing signs that prices for raw materials and energy are rising. This could become a driver of growth and investment in Latin America.

Hope is growing in Latin America. Despite a renewed rise in the number of infections and still unclear growth prospects, investors are back.