For environmentalists, the agreement’s protection of the Amazon does not go far enough. At the same time, President Lula is losing his appeal as an integration figure.

Still at the end of 2021, a majority elected the leftist Gabriel Boric. Now, there is a conservative landslide victory in the elections to the Constitutional Council.

Despite economic growth of 2.1 percent, policymakers plan to counter the slowing economy with interest rate cuts.

The most important economies in the region are currently developing in a surprisingly similar way, but have completely different structures.

In South America, the democracies were able to hold their own: This is particularly true of Brazil, Colombia and Chile.

The chancellor’s trip paves the way for closer cooperation with the long-neglected region.

For Brazil, Argentina and Chile, but also for the German economy, the trip sends an important signal.

Mercosur was divided at the most recent summit. Brazil urgently needs to provide impetus for a new integration of South America.

For four years, the country was an international pariah. That is changing. The German economy should keep an eye on Venezuela again.

A more agile funder with more risk appetite and capital would be an asset to the region.