The World Bank expects Latin America and the Caribbean’s economy to expand 2.3% in 2025, a slight uptick from 2.2% in 2024, with growth projected to reach 2.5% in 2026.
Ukraine has severed diplomatic relations with Nicaragua after the Central American nation formally recognised Russian sovereignty over occupied Ukrainian territories.
China has once again rejected American efforts to pressure Latin American nations into reducing ties with Beijing, with a foreign ministry spokesperson asserting the region's right to choose its own development partners independently.
UNDP warns of stagnation and rising vulnerability across the region amid "overlapping crises".
The United States has cautioned American investors about risks in Nicaragua after the Central American nation passed legislation that critics describe as a sweeping land grab along its borders with Honduras and Costa Rica.
As Gaza's death toll passes 61,000, nations meeting in Bogotá pledge concrete measures to halt arms flows to Israel. Ex-US official Annelle Sheline, who resigned over Washington's Gaza policy, calls it a turning point for the Global South.
The UN Economic Commission for Latin America and the Caribbean has lifted its 2025 regional growth estimate to 2.2% from a previous 2.0% projection, whilst acknowledging that economic expansion remains constrained by global volatility
Nicaragua has formally endorsed Russia's annexation of four Ukrainian regions, becoming one of the few countries to explicitly back Moscow's territorial claims as Putin seeks international legitimacy for his seizure of sovereign territory.
BRICS has evolved from an emerging economies club into a coalition Trump sees as threatening enough to warrant tariffs. Experts reveal tensions between China's dominance and multipolar goals, with institutional gaps but growing Global South support.