Skip to main content

Brazil’s riots, Peru turmoil, Mexico’s USMCA win

Brazil’s financial markets have recovered after an initial drop following the riots in Brasília last Sunday, but we think there are reasons for caution. This is all coming at a time when the economy is showing more pronounced signs of weakness. Political turmoil has also (again) engulfed Peru this week, reinforcing the impression that the country is increasingly ungovernable, which will weigh on investment and growth. Finally, this week’s ruling in favour of Mexico and Canada in a dispute with the US over rules of origin boosts Mexico’s hopes of benefitting from nearshoring.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access