Keep pulling the thread on Latin America.
Anticipated trade friction with the United States over the renewal of the USMCA is expected to damage the value of the Mexican peso.
Forecasters predict that the U.S. dollar value of Mexico's GDP in 2026 will be less than in 2025 due to an expected devaluation of the peso.
John Price believes the odds are against the USMCA trade agreement being renewed, which would force Mexico into a more difficult annual renewal process.
The United States has deployed 4,500 armed service members off the coast of Venezuela in an effort to pressure for regime change.
Seven new processing plants for lithium, rare earths, copper, nickel, and cobalt are expected to be built in South America over the next three years.
Codelco and Rio Tinto have a $900 million lithium agreement in Chile's Salar de Maricunga.
Brazil's recent environmental licensing reform is expected to release approximately 1 trillion reais ($180 billion) in previously stalled projects.
Deregulation of Argentina's electricity sector under President Milei is expected to attract close to $10 billion in new investment.
Global energy demand is currently running at about three times its historic level, driven by AI and data centers.
Brazil's new tax regime will consolidate four different levels of taxes (federal, state, municipal, local) into only two.
Chinese state-owned enterprises are linking mining projects to infrastructure like Peru's Chan Kai Megaport to secure mineral flows.
AWS, Microsoft, and Google are making increasing investments in Latin America, building massive data centers in Argentina, Brazil, and Mexico.