Juan Pablo Spinetto, Columnist

Being in the Red Is Latin America’s Biggest Problem

Brazil’s budget crisis reflects the region’s growing interest payments bill. Governments need to rethink their post-pandemic framework to collect more revenues and spend better. 

Ground zero for one of Latin America’s 2025 fiscal time bombs.

Photographer: Florian Plaucher/AFP/Getty Images

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Latin America and the Caribbean will experience another frenetic year in 2025.

I could bend your ear about the impact of Donald Trump’s return to the White House on Mexico and Central America or the advances of Argentina’s libertarian experiment under Javier Milei. In Venezuela, Nicolás Maduro will try to extend his reign of terror while leaders from left to right will move carefully not to be squeezed by the US-China competition.