Latin America Economic Outlook Stuck in the slow lane Tight fiscal stances, deteriorating terms of trade and weakening labour markets mean that Latin American economies will continue to struggle and we think regional growth will come in below 2% in the... 10th September 2026 · 21 mins read
Latin America Economics Weekly The art of the oil deal, BCCh’s growth worries The US-Venezuela oil deal has made a splash this week, but we it seems unlikely that it will result in a major pick-up in Venezuelan oil production in the near-term. Elsewhere, the sharp drop in the... 4th September 2026 · 5 mins read
Commodities Weekly Separating fact from fiction on Venezuela’s oil The deal reached by the US government to secure greater access to Venezuela’s oil reserves won’t provide a quick fix to Venezuela’s ailing oil industry nor the current bout of high prices. Other... 4th September 2026 · 4 mins read
Commodities Update What to make of the US-Venezuela oil deal? If the US gains access to greater reserves of heavy-sour crude from Venezuela, it could reduce the US’s reliance on crude oil imports from Canada and Mexico. However, any deal would need to involve... 28th August 2026 · 3 mins read
Latin America Economic Outlook Diverging rate paths Latin America has been resilient to the energy shock but other headwinds are likely to hold back regional growth to around 2% over the coming years, making it the worst-performing EM region. The... 18th June 2026 · 21 mins read
Latin America Economics Weekly Brazil inflation, COP drop, Venezuela’s restructuring The latest macro data keep the door open to monetary easing in Brazil, but a rise in energy prices or an escalation of the scandal involving presidential candidate Flávio Bolsonaro that weighs more... 15th May 2026 · 5 mins read
Latin America Economics Update High energy prices a double-edged sword Latin America as a whole is a net beneficiary from higher energy prices, but the terms of trade boost is limited (or in Mexico’s case more than offset) by a lack of domestic refining capacity. The... 13th April 2026 · 5 mins read
Latin America Economics Update Venezuela: big near-term increase in oil output unlikely Disruption to oil production in the Middle East has turned attention to Venezuela as an alternative source of oil supply. The longer energy prices remain high, the greater the incentive for oil majors... 13th March 2026 · 4 mins read
Commodities Update Could SPR demand absorb Venezuelan oil imports? The potential for Venezuelan oil to be used, albeit indirectly, to refill the US Strategic Petroleum Reserve over the coming years gives us even more confidence in our view that a boost to US imports... 4th February 2026 · 3 mins read
Latin America Chart Pack Latin America Chart Pack (Jan. 2026) Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments. Sluggish growth and target-bound inflation should give central banks room to... 20th January 2026 · 1 min read
Latin America Economics Weekly US-Venezuela thaw, Mexico’s AI exports, BanRep hikes Recent developments point to a thawing in relations between the US and Venezuela under interim President Delcy Rodríguez, with a possible rolling back of sanctions now being discussed by US officials... 16th January 2026 · 5 mins read
Latin America Economics Update Venezuela’s potentially messy sovereign debt restructuring Venezuela faces one of the largest and most complex sovereign debt restructurings on record. A high debt ratio, a complex array of creditors, deep-rooted issues in Venezuela’s oil sector as well as... 13th January 2026 · 6 mins read
Latin America Economics Weekly The Donroe Doctrine unleashed The seizure of Venezuela's President Maduro by the US this week has underscored that the Western Hemisphere is firmly back in the US’s foreign policy focus. For Venezuela itself, oil will undoubtedly... 9th January 2026 · 5 mins read
Commodities Weekly Greenland’s mineral potential; metal price mayhem Despite Greenland’s undoubted resource potential, the significant technical challenges and high costs associated operating on the island will surely limit the potential for sizeable production... 9th January 2026 · 4 mins read
Commodities Update 5 key questions on the “shadow fleet” The seizure of the Marinera oil tanker by the US has put the “shadow fleet” under the spotlight, with some estimates suggesting it now accounts for ~20% of global tanker capacity. While a concerted... 8th January 2026 · 4 mins read
