Superpesos? Coldplay Dollars? Inside Latin America's Currency Markets

How the Dominican Republic Breaks Latin America’s Election Mold: The Dominican Republic’s Luis Abinader is one of the most popular leaders in Latin America, if not the world, so it may come as little surprise that Abinader appears to be on comfortable footing to win in the first round of the country’s presidential vote on May 19. But then again, the country’s political climate differs from that of the rest of Latin America in that presidents tend to be popular, elections don’t usually go to runoffs, and polarization levels remain low. In this episode, Temple University Professor Emeritus Rosario Espinal talks with AS/COA Online’s Carin Zissis, providing a larger context to this Dominican electoral cycle.This is the fourth episode in our 2024 election series. Prior episodes covered the economic agenda for Panama’s next president, the youth vote in Mexico, and Nayib Bukele’s global reach. Get this content and more electoral insight in this year guide at www.as-coa.org/2024. Access a poll by Latin America in Focus

23 min listen

Is Latin America Ready for Another Pandemic: An old adversary of Latin America is back: Dengue. The current outbreak of the mosquito-transmitted disease is the worst in years. Across the region, from Argentina to Brazil to Puerto Rico, images of hospitals filled with patients are coming into view. Four years after the start of the Covid-19 pandemic, how well-equipped is the region to tackle this one—or those to follow? In this episode, we hear from Dr. Mariangela Simão, the head of the Brazilian Instituto Todos pela Saude and formerly of the WHO. In a conversation with AS/COA Online’s Chase Harrison, she covers the outbreak, the strengths and liabilities Latin America has in battling pandemics, and what advice she’d give Brazil’s president. by Latin America in Focus

28 min listen

What's on the Economic Agenda for Panama's Next President?: Panama is facing a moment of uncertainty amid an electoral race with eight candidates, droughts affecting the Panama Canal, and fallout over massive 2023 mining protests. But Felipe Chapman, chairman and managing partner of economic and financial advisory firm INDESA, remains optimistic about his country’s future. In a conversation with AS/COA Vice President Ragnhild Melzi, he says Panama’s challenges are “fixable” as he outlines the economic agenda for the next administration. by Latin America in Focus

33 min listen

Brian A. Nichols on the Biden Administration's Latin America Policy: Just hours before Joe Biden’s State of the Union address, the State Department’s Assistant Secretary for the Western Hemisphere Brian A. Nichols joined AS/COA in an event covering the state of U.S. policy in the Americas. In a conversation with AS/COA Vice President Eric Farnsworth, Ambassador Nichols laid out the administration’s positions on regional quagmires, such as Haiti’s humanitarian and political crises and the fairness of Venezuela’s July elections. But he also delved into opportunities in the region like partnering on critical minerals and renewable energy with Argentina or deepening already strong economic ties with Mexico. What will Washington do if the Maduro regime doesn’t allow opposition candidate María Corina Machado to run? How will Mexico’s election affect the bilateral relationship? All this and more are covered in this episode. by Latin America in Focus

33 min listen

As Mexico’s Election Fires Up, a Look at Youth and Democracy: In Mexico’s 2024 vote, more than a quarter of eligible voters are under 30 and nearly half are under 40. That means younger voters have an opportunity to play a major role in an election not only for president, but one that will see more than 20,000 seats up for grabs. But they have to participate if they want to have an impact. Me Veo, an organization focused on getting out the vote in this election, is seeking to do just that. Its director, Alexandra Zapata, joined the podcast to spells out ways to get Mexico’s young voters engaged. And in the opening segment, Professor Noam Lupu of Vanderbilt University’s LAPOP Lab explains the latest AmericasBarometer report, which shows Latin America’s young voters may be more committed to democracy than previously thought. by Latin America in Focus

29 min listen

How Courts Can Make or Break Latin America's Corruption Battle: When it comes to corruption perceptions, Latin America is stagnating. And what’s one major obstacle to improvement? Judiciary independence, explains Transparency International’s Luciana Torchiaro. In this episode, she dives deep into how the region fared in her organization’s latest Corruption Perceptions Index, released in January 2024, and tells AS/COA Online’s Luisa Leme why attempts to weaken the judiciaries in countries such as Brazil, Mexico, and Honduras are hindering the battle against corruption. But the news isn’t all bad. She explains how steps taken in the Dominican Republic serve as a model, and why Chile has an opportunity to restore its standing as a regional transparency leader. by Latin America in Focus

22 min listen

Online Reach and Expat Votes in El Salvador’s Election: 2024 will be a big year for Latin American elections, and the first one takes place in El Salvador. Popular President Nayib Bukele is likely to win a race that showcases his regional—and global—influence. Digital Democracy Institute of the Americas’ Roberta Braga explains how Bukele’s social media strategy spreads beyond El Salvador’s borders and calls for a rethink of how online disinformation. Virginia Commonwealth University’s Michael Paarlberg delves into how that message is being received in the large Salvadoran diaspora, which is expected to vote in record numbers this year. This episode will be the first in a series exploring the year’s elections and the forces shaping them. Catch the series and learn about 2024 elections via our guide. by Latin America in Focus

40 min listen

Ten Years in, What's the Future of Mexico's Morena Party?: 2024 doesn’t just mark Mexico’s biggest elections ever, but the tenth anniversary since Morena, the party of President Andrés Manuel López Obrador, became an official party. And it now faces a test: will it build on its expanding control or find itself reined in by Mexican voters in June 2024? In this episode, long-time pollster Lorena Becerra and CIDE political scientist Javier Aparicio cover whether Morena could become a hegemonic party akin to the PRI, the challenges for López Obrador’s chosen successor Claudia Sheinbaum and the opposition’s Xóchitl Gálvez, and where Mexico sits in Latin America’s anti-incumbency arc. “Morena’s Achilles’ heel is for them to become part of the old party system at some point,” Becerra tells AS/COA Online’s Carin Zissis. “And that can happen if they don't prove to be different.” by Latin America in Focus

36 min listen

Beyond the Boom: Latin American Writing in Translation: Earlier this year, Latin American literature lost a champion when Edith Grossman, one of the foremost Spanish language translators, passed away. Grossman not only translated some of the region's master writers, but she advocated for her profession and for the value of reading in translation. In this episode, two acclaimed translators, Megan McDowell and Esther Allen, speak about her legacy, the titles grabbing attention in the United States, the role of women authors in a current Latin American boom, and the connection between books in translation and events in the region today. by Latin America in Focus

41 min listen

Did Colombia’s Local Elections Spell Problems for Petro?: On October 29, Colombians voted for mayors and governors across the country, and President Gustavo Petro’s candidates fared poorly in an election that many say served as a referendum on his leadership. Sergio Guzmán, director of Colombia Risk Analysis, talks with AS/COA Online’s Jon Orbach about what we can learn from mayoral races in Bogotá and Medellín, how the overall results provide a window into the mood in Colombia, and why Washington should pay attention to the country’s domestic politics. by Latin America in Focus

18 min listen

Venezuela’s Energy Sector Primes for a Thaw: October was a busy month for Venezuela. The United States eased sanctions on the country’s oil sector, the opposition and the Maduro regime sketched out an electoral roadmap, and María Corina Machado triumphed in the opposition primary. What does all this mean for the country’s energy sector? Francisco Monaldi, a fellow and the director of the Latin American Energy Program at Rice University’s Baker Institute, spoke with AS/COA Venezuela Working Group Director Guillermo Zubillaga about the outlook. by Latin America in Focus

31 min listen

Can Carbon Markets Finance Brazil’s Green Transition?: As the world falters in its 2015 Paris Agreement goal to reach net-zero carbon emissions by 2050, Brazil is helping turn the tide. As the country’s Senate approved a bill that would regulate companies releasing more than 10,000 tons of CO2 per year, it looks to start making a profit on emissions too. In this episode, the Federal University of Rio de Janeiro’s Emilio La Rovere talks to Luisa Leme about the benefits of putting a price on emissions, Brazil’s comparative advantage, and why Latin America needs to work with industrialized countries to get the world closer to a net-zero economy. Missing links to music of the Americas, the YT link (which needs to be a short link), email to write to use, etc. Most can be gathered from above but note the structure is not the same as on article page you will hyperlink the title of the song whereas in the pod description the link (a short one) will be displayed. by Latin America in Focus

27 min listen

Dollarization, Inflation, and Voter Frustration in Argentina: Argentines face a three-horse race when they vote for a president on October 22. Each contender has distinct ideas for resolving the country’s economic and security woes. One of those candidates— libertarian Congressman Javier Milei—has brought back the idea of dollarizing the country’s economy. Are voters open to the idea? In this episode, Reuters Correspondent Anna-Catherine Brigida speaks from Buenos Aires about how each candidate is pitching themselves to voters and the interplay between their supporters. “There is a break from some of the traditional parties and left-right,” she told Chase Harrison. by Latin America in Focus

22 min listen

How Women Won Political Parity in Mexico—And What Comes Next: With Mexico’s two main political alliances selecting Claudia Sheinbaum and Xóchitl Gálvez as their 2024 contenders, it’s looking likely that the country’s next president will be a woman. But already in Mexico, women hold a range of top political seats and have achieved gender parity in Congress. In this episode, Mónica Tapia talks with Carin Zissis about the history of how Mexican women carved a path to rising political representation, the role of a resurgent women’s movement, and the two women competing for the presidency. Tapia—co-founder of Aúna, an accelerator that helps women gain political roles across Mexico—also explains the next steps, saying: “What needs to happen is that women not only become governor or president, but that they really have their power.” by Latin America in Focus

27 min listen

What AI’s “Tectonic Change” Means for Latin America: Artificial intelligence may spark job loss fears across the Americas, but businesses and people in the region are increasingly adopting the technology. Ángel Melguizo, partner at Argia and Latin America advisor to UNESCO on ethics and AI, outlined what countries need to do to benefit from the AI revolution without leaving people behind. He also covers the urgent need for a “coalition of the good” in terms of AI regulation, and where Latin America stands on the matter. by Latin America in Focus

30 min listen

LatAm in Focus: Michael Reid on This EU-Latin American Moment: The second half of 2023 will see Spain take over several EU leadership posts, and Madrid has pledged to deepen its focus on EU-Latin American relations. Could this lead to a flourishing regional relations? Ahead of the EU-CELAC summit in July, author Michael Reid explained the roadblocks to trans-Atlantic integration. From Ukraine to a Mercosur-EU free trade agreement to Venezuela, Reid explains how a lack of a unified Latin American front affects its relationship with Europe and beyond. by Latin America in Focus

22 min listen

Empowering North American Goals: In a world struggling with geopolitical uncertainty, how can North America offer a secure environment and economic stability? In this episode, conducted in collaboration with the U.S.-Mexico Foundation (USMF), we explore the answer to this question and more. USMF Managing Director Enrique Perret interviews AS/COA’s Susan Segal about how Canada, Mexico, and the United States can build on 30 years of free-trade ties to drive exponential trade growth. by Latin America in Focus

32 min listen

Guatemala's Electoral Crossroads: Veteran journalist Juan Luis Font of ConCriterio covers who’s in—and out—of the race, democratic hurdles, and voter worries ahead of the June 25 election. by Latin America in Focus

29 min listen

Life after “Crossed Death” in Ecuador: Atrevia’s Carmen Sánchez-Laulhé explains what’s next for President Guillermo Lasso and the National Assembly as an unprecedented move sparks new elections. Now that he’s Lasso ruling by decree, what can Ecuadorans expect in this period of uncertainty? And who are the big players ahead of the upcoming election? by Latin America in Focus

21 min listen

The Story of Unlikely Art Genius Bispo do Rosario by Latin America in Focus

15 min listen

The China-Taiwan Tussle in the Americas: With Honduras having switched sides to Beijing in March 2023, only 13 countries worldwide recognize Taiwan over China. More than half are in Latin America and the Caribbean. Why are so many of Taipei’s allies based in the region? What happens after a country chooses China? And what do upcoming elections in Paraguay and Guatemala—the two biggest economies that still recognize Taiwan—mean for the future of this East Asian diplomatic tug of war? Florida International University’s Leland Lazarus, who served in U.S. Southern Command and the U.S. foreign service, answers these questions and more in a conversation with AS/COA’s Carin Zissis. by Latin America in Focus

28 min listen

What the SVB Collapse Signals for Latin America: Latin America’s startups have spent the past three years navigating the tricky macroeconomic environment wrought by the pandemic. Now, they’re fending with high interest rates, a tightening pool of venture capital, and—oh yeah!—the collapse of Silicon Valley Bank. AS/COA CEO and President Susan Segal explains why the collapse won’t rattle Latin America’s markets and how the region’s startups can thrive amid uncertainty, and she offers her short-term macroeconomic concerns. by Latin America in Focus

20 min listen

Could a Clash over Corn Upend U.S.-Mexico Trade Ties?: When thinking about challenges for U.S.-Mexico ties, corn might not be the first thing to come to mind. But a simmering trade dispute over a potential Mexican ban of GMO corn could have enormous consequences for these intertwined economies. In this episode, North American trade expert Diego Marroquín tells AS/COA’s Carin Zissis about the potential impact of such a ban and why the case is a “litmus test for Mexico’s commitment to USMCA.” The music in this podcast is performed by Tembembe Ensemble Continuo for Americas Society. Watch the video of this performance: https://youtu.be/MHA33RgI51oFind out about upcoming concerts at: musicoftheamericas.org Other music in the podcast was performed by Botellita de Jerez and Nostalgia Huasteca. Learn more about Latin America in Focus at www.as-coa.org/podcast by Latin America in Focus

22 min listen

A Decade of Nicolás Maduro: Bloomberg’s Fabiola Zerpa and Amherst College’s Javier Corrales discuss the Venezuelan leader’s bleak record as the country prepares for 2024 elections. by Latin America in Focus

33 min listen

Can a Lawsuit Stem Spyware Use in Central America?: After getting hacked by Pegasus in El Salvador, El Faro’s Roman Gressier is part of a groundbreaking lawsuit in a U.S. court to rein in the spyware. by Latin America in Focus

21 min listen

Will the Anti-Incumbency Wave Reach Argentina and Guatemala?: Universidad del Valle de Guatemala’s Marielos Chang and Cefeidas Group’s Juan Cruz Díaz cover what to watch ahead of the two countries’ presidential races. by Latin America in Focus

33 min listen

Three Stories You May Have Missed in 2022: Hear some of the uncovered stories of the year. Sofía Ramirez Aguilar of México ¿Cómo Vamos? details why Mexicans, who long had one of the lowest vacation rates in the world, got some good news in time for the holiday season. Claudio Ruiz of Derechos Digitales explains Chile’s moves to be a digital rights pioneer. And journalist Simeon Tegel talks about the controversial Mayor-elect of Lima Rafael López Aliaga, who has his eyes on the presidency. The music in this podcast is Eric Kurimski Quartet performing “Ya.” Watch the video: https://youtu.be/PbrXlWnGtFo Learn more about Latin America in Focus at: www.as-coa.org/podcast by Latin America in Focus

39 min listen

Who Will Foot the Bill for Climate Adaptation?: It could cost up to $6 trillion a year to finance the transition away from a carbon-intensive economy. That’s triple the current yearly global commitment. What would it take to rapidly expand the amount of financing available for decarbonization, sustainable infrastructure, and compensation for the effects of climate change? The UN’s Juan Carlos Monterrey Gómez and Marsh McLennan’s Amy Barnes explains how the public and private sector are funding decarbonization and the transition to a green economy. Listen to the music included in this episode performed by Alejandro Escuer: http://y2u.be/ARW3j2Vyslw. by Latin America in Focus

24 min listen

Bonus Episode: Amb. Thomas Shannon on How Lula's Win Resets Brazil's Foreign Policy: In January, Luiz Inácio Lula da Silva will start a third term as Brazil’s president two decades after he began his first—and in a remarkably changed world. In this episode, former U.S. Ambassador to Brazil Thomas Shannon tells Executive Producer Luisa Leme what Lula’s comeback means for Latin America, U.S. relations, China, and the world. To learn more about this year’s Latin American elections, visit: www.as-coa.org/2022 The music in this episode is "Tarde de Chuva" by Paulo Moura, performed by Cliff Korman Ensemble for Americas Society. Learn more at: www.musicoftheamericas.org by Latin America in Focus

24 min listen

What the Guacamaya Hacks Reveal about Latin American Militaries: In September, a group of hacktivists known as Guacamaya sparked reverberations across much of Latin America when it released millions of documents and emails from the military and police forces of Chile, Colombia, El Salvador, Mexico, and Peru. In this episode, UC San Diego’s Cecilia Farfán Mendez explains the impact of the leaks in Mexico, which accounts for six of the 10 terabytes of data released. And Cybersecurity expert Juan Pablo Castro explains why Latin America’s militaries were so susceptible to attacks and whether the identity of Guacamaya matters at all. Learn more about Mexicans’ views of their military: t.ly/9SG1 Hear a recent Latin America in Focus episode about how cyber attacks in Costa Rica expose a regional threat. https://bit.ly/3zoFZuq Listen to the music included in this episode performed by Julio Cobelli https://youtu.be/ER52AFZct5E and Trio Miramar https://youtu.be/8lWSqRZjkmo by Latin America in Focus

27 min listen

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Superpesos? Coldplay Dollars? Inside Latin America's Currency Markets

Superpesos? Coldplay Dollars? Inside Latin America's Currency Markets

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