Chile sounds a warning signal across the region

The fiscal deterioration of Latin America’s former totem has more than just the pandemic behind it.

Argentina’s negotiations with the IMF will focus minds in Latin America during the first quarter of 2022 – a deadline of March beckons if the country is to make good on a challenging debt repayment schedule.

Later in the year, its noisy neighbour, Brazil, will likely turn up the volume to 11 as its polarized, nasty presidential election campaign reaches fever pitch. Important general elections in Colombia and Costa Rica are also highly anticipated.

But it’s Chile that will be the most notable story for the region as a whole.

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