Chile

Over the first ten months of 2026, countries in the region signed documents that pull them in different directions: toward Washington on security, toward Europe on trade, and toward Beijing on political dialogue. We have laid out the events by date and looked at what each one means in practice.

How the Year Unfolded

The pendulum that swung left two decades ago has swung back to the right. Colombia and Peru chose right-wing presidents in June by fractions of a percentage point, and on Sunday Brazil will settle a runoff between Lula and Flávio Bolsonaro. What is behind the turn? How does it resemble the "pink tide"? And what should the region expect?

Brazil: The October 25 Runoff

In 2026, Latin America became more than a raw-materials region. It is now a place where oil, sun, wind and critical minerals converge. Who is building, who is selling, and who is buying? Let's break it down by country and by player.

The Big Picture

The region is growing slowly, and inflation is diverging across countries: Colombia and Argentina are fighting rising prices, Brazil has broken through the ceiling of its target range, and Mexico is staying within its band. What do the latest data from the IMF and central banks show? Which currencies are under pressure? And where is the region headed?

The Big Picture

Lithium in Latin America is controlled not by corporations but by the rules of the game in three countries. Chile is steering toward the state, Argentina is courting investors, and Bolivia has still not started production. Who is actually pumping the brine? Whose money is behind the projects? And where does Russia fit in?

Three Countries, Three Models

Occupying a narrow strip of land of the South American continent between the Andean range and the Pacific Ocean, the Republic of Chile has a number of climatic features and a variety of geographical landscapes that significantly influence the development of the state. Depending on the climatic zone and the terrain, the country is divided into three regions:

• the northern region with the Andes plateau and the arid areas of the Atacama Desert;

• middle belt with Mediterranean climate and lush vegetation of valleys;