COVID-19 continues to dominate the agenda in Latin America. Last week, Mexico was at the height of its second wave of infections, although cases and deaths seem to have peaked in recent days. Our sources remain concerned that the government is not taking the pandemic seriously enough.
On a related topic, we speak to logistics experts in Argentina who are starting to worry that the country’s distribution systems may struggle with a mass roll-out of vaccines.
The other major, recurring theme for 2021 will be elections. There will be many over the course of the year and in this issue we take a closer look at those coming in the Caribbean.
In Brazil, the 5G auctions are approaching and as our sources predicted in August last year, it appears that Huawei will be able to compete, despite the government suggesting the opposite less than a month ago. Everything could still change, so watch this space.
ESG is rocketing up the agenda of foreign investors in Latin America. The ‘G’ was always a concern from a corruption perspective but ‘E’ and ‘S’ are receiving more attention than they ever have before. The latest news is that European banks offering trade finance to oil producers in Ecuador’s Amazon basin have been forced to withdraw, citing environmental and social concerns. Will the US banks follow suit?
Elsewhere, we revisit the clean energy transition in Chile and Colombia, consider edible insects for mass consumption and update ourselves on the latest ESG-linked bond issues.