GUSTAVO PETRO: COLOMBIA’S NEW PRESIDENT TAKES OFFICE

On August 7, 2022, Gustavo Petro took office as President of the Republic of Colombia.  This election is historic for multiple reasons: Petro won with the highest number of votes in Colombian electoral history (over eleven million votes); and this is the first time a left-wing candidate has been elected as President in the country. … Read more

Chile’s new Constitution: where is Chile now, and where is it heading?

As discussed in our last Latin America Note on Chile, for many, the constitutional re-write process and the election of Gabriel Boric as President represent an opportunity to reshape Chile’s political, economic, and social structures by increasing social investment and environmental protection. However, for others (including foreign investors), this period of uncertainty has triggered significant … Read more

The U.S. Reacts to Ortega’s Fourth Consecutive Term in Power in Nicaragua

On January 10, 2022, Nicaraguan President Daniel Ortega was sworn into office for his fourth consecutive term, despite the United States and European Union allegations that the election was a “sham.”  On the same day, the U.S. imposed sanctions on Nicaraguan officials accused of undermining democracy. Over the past years, the Office of Foreign Assets … Read more