Dear Reader,

In this issue, we’re covering the US election and its impact on Latin America and the Caribbean.

There could be a major fallout on the region – and some benefits – either way the electorate swings. 

We explore this in our package of cover stories. Tom Azzopardi and Hernán Goicochea dive deep into the ramifications for the region under either scenario, as well as what bond investors foresee. John Quigley looks at the impact of the election – and growing protectionism – for trade, economic growth and investment in Latin America, while Lucien Chauvin explores the region’s potential to become a greater global supplier of energy and minerals.

We also ask five experts what changes the election could bring to the region, and Mauricio Cárdenas, a former finance minister of Colombia, shares his broader views on this subject in our Parting Shot. Can the region get it right?

We also explore several trends in the region. Rodrigo Amaral looks at a new wave of investment in infrastructure promising plenty of growth opportunities and profit potential: data centers and water. Rodrigo Alonso Cruz dives into the world of financial technology, which is seeing an uptick in venture capital flows after a slow couple of years. Mat Youkee looks at the fortunes – and misfortunes – of Mexico’s state-owned oil company, a darling for bond investors but with an uncertain future. 

We also delve into the world of sustainable finance. With flooding, hurricanes and wildfires becoming more frequent and severe, can countries find the financing to adapt to climate change – and make their infrastructure more resilient? 

We also have a new set of awards to hand out. Find out who won central bank governor and finance minister of the year – and what they have to say. We also share the stories from the winners of our 2024 Project & Infrastructure Finance Awards.

Best wishes and thank you to our loyal subscribers, old and new, who continue to support the independent journalism at LatinFinance.

Keep reading,

Charles Newbery