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Latin America & Caribbean
Ian Bremmer shares his insights on global politics this week on World In :60.
What is Trump's long-term play with apparently treating Putin like a friend rather than an adversary?
His play is to end the war in Ukraine. His play is to be seen as a great deal-maker and also a return to what we call the law of the jungle, where the most powerful countries are the ones that deserve to be at the table, and if you're not at the table you're being served for dinner. That is where I think we're going. I don't think that Secretary of State Marco Rubio wanted to be there, but he's much more... He's going to be loyal, and I think the Republican senators have pushed back hard on Gaza but not so much on this. We'll see. Certainly from Riyadh, from what we've heard from Elon, what we've heard from Trump, they are working very hard to get a full reconciliation between the United States and Russia, between Trump and Putin, irrespective of what the Europeans have to say about it. And the Ukrainians are going to be pressed very, very hard to accept the deal or be left all by themselves. We'll see how the Europeans and the Ukrainians play it, but that is what they're looking at.
How likely would the release of all remaining captives, as proposed by Hamas, actually lead to a permanent truce with Israel?
Well permanent truce with Israel implies you can agree on what governance in Gaza is going to look like. The Israelis, of course, refuse to accept a state for the Palestinians. The Israelis refuse not only for Hamas to participate in any government, not surprisingly. But, of course, also the Palestinian authority participate in government. That's very different from what the Gulf states, what the Egyptians, what the Jordanians, all America's allies, are planning to propose for Gaza. I think we can get an extended ceasefire. That ceasefire might last essentially permanently, but the Israelis would still have a buffer zone, you wouldn't be heading towards statehood, and the Israelis would reserve the right to continue to engage in selected strikes if they see targets of opportunity that they consider to be militants working with for Hamas. So that's where I think we are, but very unlikely at this point that I think you'll see a restart of the war that has been lasting for well over a year at this point. I think full-blown military incursion on the ground is now on the rear-view mirror.
Does Bolsonaro's indictment for an alleged coup plot signal tough times ahead for Brazil?
I think it does. It's very likely that Bolsonaro is going to end up imprisoned. That case is going to take a while to work through the courts. Probably won't be resolved until 2026 with all the appeals that will end up happening, but he won't be able to run again. Now you can still announce you're going to run and then pull out your candidacy at the last minute like Lula did, who served time in jail himself in the past, so this isn't completely new uncharted territory for the Brazilians. But keep in mind that if Bolsonaro is refused to be allowed to run, he is completely supported by Trump. He's completely supported by Elon Musk, and that will get stronger. The Supreme Court in Brazil is politicized and is also seen by Trump and Musk as root of all evil in Brazil, so they'll be going after that. And will that be tied to tougher tariffs on Brazil? I expect it will. So, I think Brazil is going to be in a lot of trouble here, and I think that their economy is probably going to take a hit on the back of what we're going to see politically inside Brazil and the nature of the relations with the United States. Okay, that's it for me, and I'll talk to you all real soon.
People sit in a restaurant as Argentina's President Javier Milei is seen on television during an interview, in Buenos Aires, Argentina, on Feb. 17, 2025.
Milei promoted a new cryptocurrency called $LIBRA on X last Friday, writing in a now-deleted post that the coin was aimed at “encouraging economic growth by funding small businesses and startups.” Milei also shared a link to something called the Viva La Libertad project, which says it launched the coin “in honor of Javier Milei’s libertarian ideas” and “to strengthen the Argentine economy from the ground up by supporting entrepreneurship and innovation.”
During the brief time Milei’s post was up – just a few hours – the coin’s price soared from nothing to about $5 before plummeting to less than a dollar. People who purchased the token at its highest price were left with a near-worthless coin, while some, including the token’s developers, made off with millions. Though Milei’s office denies any involvement in the coin’s creation or launch, a federal court in Argentina has started an investigation into the scandal, and opposition lawmakers are calling for his impeachment.
While Milei remains popular, he has struggled to pass legislation around his slash-and-burn economic agenda, and this scandal could widen the gulf between the president’s supporters and the opposition. Argentina is in the midst of a massive inflation crisis, which Milei’s shock therapy tactics aim to fix. Being embroiled in a scandal like this is the last thing Milei wants as the country heads into midterm elections this October.A volunteer florist adds baby's breath flowers to a Valentine’s Day rose bouquet on Thursday, Feb. 13, 2025.
200: Disruptive weather patterns fueled by climate change have inflicted major crop damage in West Africa, where most of the world’s cacao, the raw form of the bean that is processed into cocoa, is grown. The price of raw cocoa, chocolate’s key ingredient, has surged by 200% over the past year. Roses won’t be cheap either. Is there a “bah humbug” equivalent for Valentine’s Day?
400 million: The US State Department’s procurement forecast for 2025, which details purchases the agency expects to make, included $400 million for armored Tesla vehicles. Tesla is owned by someone called Elon Musk. On Wednesday, as this story started to make headlines, the document was updated, changing “Armored Tesla” to “Armored Electric Vehicles,” but the contract value remains the same.
94.5: Despite President Xi Jinping’s pledge that China’s carbon emissions would peak by 2030, the country’s coal plant construction climbed by 94.5 gigawatts in 2024, its highest level since 2015.
457: Liberian President Joseph Boakai has suspended 457 top government officials, including ministers, for failing to declare their assets to the country’s anti-corruption agency. The workers will be out for a month, unpaid, or until they provide the required declarations.
4,000: In Colombia, a bill aims to prohibit sales of merchandise glorifying Pablo Escobar, the notorious drug lord who has been linked to more than 4,000 murders. Vendors are not happy with the proposed law, insisting that Escobar merch sells well and helps support their families.
200,000: The Trump White House on Thursday instructed federal agency leaders to terminate the bulk of their probationary staff. This reportedly could impact as many as 200,000 employees who have worked for the federal government for less than a year. Some staffers in public safety and law enforcement roles are expected to be spared, so it’s unclear how many will be impacted.
59-10: An exclusive GZERO and Echelon poll found deep partisan divides over DOGE’s plans to shrink the US government. The poll found that 59% of Republicans believed cutting 300,000 federal jobs would increase government efficiency, compared to just 10% of Democrats. When it came to its efforts to dismantle USAID, 60% of Republicans support completely overhauling or eliminating the agency, compared to only 12% of Democrats.HARD NUMBERS: Mexican troops head to the border, Carney promises defense binge, Critics call on Canada to suspend US agreement, Tariff talk tops tickers
Members of Mexico's National Guard queue to board a vehicle upon disembarking from a plane, after Mexican President Claudia Sheinbaum agreed with U.S. President Donald Trump to bolster border enforcement efforts in response to Trump's demand to crack down on immigration and drug smuggling, in Tijuana, Mexico, on Feb. 4, 2025.
7,000: Earlier this week, at least 7,000 Mexican troops were on their way to the US-Mexico border as part of Mexican President Claudia Sheinbaum’s deal with the Trump administration to postpone, for one month, the imposition of a 25% US tariff on all Mexican goods. Experts say that the deployment, meant to meet Trump’s demands that Mexico crack down on fentanyl traffickers and illegal migrants, represents a reshuffling among the tens of thousands of troops that Mexico already deploys throughout the country to tackle these issues.
2 in 5: Mark Carney, who is campaigning for the Liberal Party leadership, has pledged to meet a target of spending 2% of GDP on defense. That would be two years earlier than stipulated under current commitments made by outgoing Prime Minister Justin Trudeau. The matter has taken on fresh urgency in light of US President Donald Trump’s demands that NATO allies raise the benchmark to 5% of GDP – and his threats to annex Canada.
21: Immigration advocates and lawyers are calling on Ottawa to suspend a 21-year-old agreement with the United States under which Canada sends asylum-seekers apprehended at the border back into the US for processing. Critics say that the Trump administration’s recent moves to drastically restrict refugees’ access to asylum petitions fall afoul of international law, and they warn that Canada should not be complicit in these violations by sending people back to the US.
200: What’s the word among Wall Street analysts these days? Tariffs. Tariffs. Tariffs. So far this year, the term has come up at least once in more than 200 earnings calls with top companies listed on the S&P, a major stock index of American firms. The big question, of course, is how are companies planning to cope either with higher US tariffs themselves, or with the broader political and economic uncertainty about if, when, and how heavily Trump will use them.Viewpoint: With his reelection bid, Ecuador’s Noboa seeks more time to bring violence under control
Supporters hold cardboard cutouts of Ecuadorian President Daniel Noboa, days before the Ecuadorian presidential election, in Guayaquil, Ecuador, on Feb. 4, 2025.
Ecuadorians will head to the polls on Feb. 9 to choose their next president against a backdrop of spiraling violence similar to that of the last presidential election in 2023. That was an early vote called by then-President Guillermo Lasso in an attempt to avoid impeachment. Daniel Noboa, the fresh-faced son of a banana magnate, achieved an upset victory, assumed the presidency, and launched an aggressive crackdown against the drug trafficking gangs terrorizing the country.
Less than two years later, the 38-year-old president is asking for a full term in office (four years) in this weekend’s regularly scheduled election. Noboa says he wants to finish what he started, and his clear lead in the polls suggests that voters are inclined to give him the opportunity. We sat down with Eurasia Group expert Risa Grais-Targow to learn more about the upcoming election.
What are voters’ biggest concerns?
The main issue by far is security, followed by economic concerns. There was a crisis of electricity outages toward the end of last year, but that has been abated by recent rains (the country is heavily dependent on hydropower) and fallen lower on the list of voter concerns. However, there has been a renewed deterioration of the security situation, and the start of this year has been one of the most violent ever.
What is driving this violence? Are political candidates being targeted, as in 2023?
No high-profile candidates have been targeted this time (presidential hopeful Fernando Villavicencio was shot and killed in 2023), but some local officials have been killed and there may be a political motive behind the latest wave of violence. Noboa has really made the fight against organized crime a pillar of his presidency. When he took office in January 2024, he declared a state of emergency, brought the military out onto the streets, and took control of the country’s prisons, which had been a hotbed of criminal activity. So criminal groups may be intensifying their battles for control of drug-transit routes partly in the hope that the resulting uptick in violence will lead voters to conclude the president’s approach is not working.
Is it working? Given these still high levels of violence under Noboa, why is he leading in the polls?
Noboa’s policies initially brought a dramatic decline in homicide rates and other violence. Since then, it’s possible that criminal groups found ways to work around them. Still, levels of violence are lower than at their late 2023 peak. More broadly, voters support Noboa’s policies and believe that he is doing the right thing or trying to do the right thing. They think he needs more time. He's only been in office for just over a year, so I think voters are still, at this juncture, willing to give him the benefit of the doubt.
Are there other reasons for this high level of support for Noboa?
I think that he is still viewed by voters as a bit of an outsider, someone who is shaking up Ecuadorian politics. He came out of nowhere in 2023 to win the election. He's very young and still kind of feels like a fresh face. The other thing he has going for him is that his main opponent, Luisa Gonzalez, is not a strong candidate with a clear message on the issues voters care about. She represents the correismo movement launched by former president Rafael Correa, which has a very loyal base but also is strongly disliked by some parts of the electorate.
What has happened to correismo? It used to be a dominant force in Ecuadorian politics, but its fortunes seem to have declined in the last couple of elections.
The movement has struggled to come up with a compelling forward-looking campaign message, focusing more on attacking Noboa and peddling nostalgia about conditions during Correa’s time in office (2007-2017). Moreover, the country’s security crisis has focused attention on decisions Correa made such as expelling the US military from the base in Manta. Similarly, the country’s current reliance on hydropower and shaky electricity grid stems from decisions made under Correa, including his flagship Chinese-built Coca Codo Sinclair hydroelectric dam, which has major structural problems.
At the same time, Noboa’s young National Democratic Action party seems to be consolidating its position. What is the significance of this?
Ecuadorian politics seems to be consolidating around two main parties, National Democratic Action and Correismo, which marks a departure from its typical fragmentation. This can be a stabilizing force for a country with a long history of political instability and volatility.
What are some things Ecuador’s next president could do to address the country’s problems?
Noboa wants to amend the constitution to allow foreign military bases in Ecuador, reversing the policy instituted by Correa. The country is doing battle with multinational criminal organizations – the groups in Ecuador report, for example, to Mexico’s Sinaloa cartel – so having foreign military and intelligence assistance is potentially a big deal. This is a popular idea locally but will need to be put to a public referendum. In terms of electricity supply, Noboa has been changing regulations to stimulate investment in new generation capacity, and I think if he is elected to a new four-year term, that could help get some of these projects moving. Finally, under the terms of the country’s financial support package from the IMF, the next president will have to raise tax revenue and cut back on fuel subsidies. The latter is a particularly challenging issue that has prompted mass public protests in the past.
Edited by Jonathan House, Senior Editor, Eurasia Group
US Secretary of State Marco Rubio embraces Guatemalan President Bernardo Arevalo at the end of their joint news conference at the National Palace in Guatemala City, on Feb. 5, 2025.
40: During a press conference with visiting Secretary of State Marco Rubio, Guatemalan President Bernardo Arévalo announced Wednesday that his country will accept 40% more deportation flights from the United States. Guatemala also agreed to the creation of a task force for border control aimed at fighting “all forms of transnational crime.” Under the previous administration, Guatemala received roughly 14 deportation flights per week.
20: President Donald Trump on Wednesday signed an executive order that aims to bar federal funding for schools that allow transgender athletes to compete in girls’ and women’s sports, claiming it violates Title IX. The order conflicts with laws in 20 states protecting transgender people from discrimination and allowing them to play on sports teams. It remains to be seen whether any of those states will file lawsuits to try to override the order.
2: Alphabet — Google’s parent company — has updated its AI principles, removing a previous pledge not to use AI for defense or surveillance purposes that “cause or are likely to cause overall harm.” Google’s head of AI on Tuesday said the move reflected a changing world and that it “supports national security.” The news comes just two months after AI leader OpenAI made a similar policy change.
12: In another blow to women’s rights in Afghanistan, officers from the Taliban’s Ministry of Information and Culture on Tuesday raided andshut down the country’s only women’s radio station and arrested two employees. The Taliban, who closed at least 12 media outlets last year, blamed the suspension on violations of broadcasting policy. Kabul-based Radio Begum was not only run by women but also released content aimed at women’s education.
80: Results from a Jewish People Policy Institute Israel Index poll this weekshow that approximately 80% of Israeli Jews support President Donald Trump’s plan to relocate Gaza’s entire population. The same poll found that less than 15% believe the plan is immoral.
2,000: Scientists used X-ray imaging and AI to virtually “unwrap” ascroll uncovered in Herculaneum, Pompeii’s less famous neighbor that was also buried in the infamous 79 CE eruption of Mt. Vesuvius. It was announced Wednesday that researchers from Oxford’s Bodleian Libraries and the Vesuvius Challenge were the first to peek inside the scroll in nearly 2,000 years — and while more time is needed to fully decipher the full text, they believe it contains a work of philosophy.
Ian Bremmer shares his insights on global politics this week on World In :60.
What does Putin mean when he says Europe "will stand at the feet of the master"?
It means that he loves to troll his adversaries. Don't you remember when he said that he actually thought Biden would be a better president from Russia's perspective than Trump? He trolls. It's all misinformation. It's propaganda. It's all served to undermine and show that he's powerful, and he can say whatever he wants. And of course, he would love to see a fight between the Americans and their allies, whether it's the Nordics on Greenland or it's Canada on 51st state, or it's Panama on the canal, or it's Europe on tariffs. And he wants to undermine the countries that gets a divide and conquer kind of response from Putin. And that is what he is doing when he trolls the Europeans.
What's next for Panama after deciding to exit China's Belt and Road Initiative?
Well, certainly, of all the countries that are facing a deeply asymmetric relationship on the back of threats from President Trump, Panama is high on that list. And they really are trying to find a way to avoid tariffs and avoid the Americans squeezing them on the canal. And an easy way to do that, because they've heard this now directly from Trump and from Secretary of State, Marco Rubio, is that the Chinese have too much influence over transit. And that is particularly true through these port facilities that a Hong Kong-based company, read, China, is in charge of. And so, they are opening investigations into the contract and into how they engage there. And they're also saying they'll pull out of Belt and Road. All of that is clearly going to upset and antagonize the Chinese. And I think that the Panamanians are very, very comfortable showing that they are going to orient much more towards the United States, given how much more they rely on the Americans.
How would a potential Turkey defense pact with Syria reshape power dynamics in the Middle East?
Given who's on the ground in Syria and the fact that the Americans are likely to pull out the over 2,000 troops they have there, and that Trump has said it's really up to Turkey to maintain that relationship, they were the ones that were closest to the rebels that ended up defeating, overthrowing Assad's regime. Not surprised at all that that is where the diplomacy is heading. But that doesn't mean that it's going to be stable, and it certainly doesn't mean that the Kurds on the ground are going to be handled well. And that will be what we need to watch carefully. But Turkey, a NATO ally that has a lot of influence across the region and particularly now on the ground with Syria, I think that'll be relatively stable given the support from the United States. That's it for me, and I'll talk to you all real soon.