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Rather than imposing a vision about the future of South America, Brazil’s president can gently try to steer debates and hope that the meeting on May 30 is the return of a permanent dialogue among South American leaders.
Brazil’s position on Russia’s war in Ukraine reveals broader misgivings across the global south about the inclusiveness of the supposedly liberal international order.
Some degree of Chinese influence displacing U.S. initiatives is unavoidable, but the United States can leverage individual strength points to collaborate with both Brazil and Mexico.
The Luiz Inácio Lula da Silva administration has a realistic opportunity to attain three historic achievements during its first year: tax reform, a new fiscal framework, and the ratification of the free-trade agreement between Mercosur - a trade alliance formed of Brazil, Argentina, Paraguay, and Uruguay - and the European Union.
Yet the question remains: What does Lula’s return really mean for Latin America and questions like regional trade integration, the region’s relationships with the United States and China, investment flows, and Latin America’s overall role in the world?
During a closed-door meeting with international investors in São Paulo in November last year, a Brazilian speaker described the main political scenarios for the coming year.
When former President Jimmy Carter and his wife Rosalynn Carter founded the nonprofit Carter Center in 1982, one of their goals was to help Latin American countries – many of which were emerging from decades of military dictatorship – transition to democracies.
The problem is rather that there seems to have been very little learning over time: many of the new leftist leaders maintain the same kind of stiff-necked hostility to the private sector and believe that nationalization will bring about social justice.
Now, with the armed forces temporarily on the defensive, newly inaugurated President Luiz Inácio Lula da Silva has a historic opportunity to reassert civilian control over Brazil’s military.
The Bahamian backdrop to the last days of FTX has faded into the background. But the torrid affair between what was once touted as the leading edge of financial technology, or fintech, and the Bahamas—a nation of 400,000 people, spread over some 700 islands, 50 miles or so offshore of Florida—is not merely incidental.