"Latin American and Caribbean governments, already operating with limited fiscal space, must now grapple with two external shocks: the prolonged closure of the Strait of Hormuz and this year’s El Niño" @danrestrepo.bsky.social www.foreignaffairs.com/latin-americ...
foreignaffairs.com
The Two Shocks Upending Latin America
Why the region must brace for a new wave of turbulence.