The southern belle

Author: IFLR Correspondent | Published: 10 Mar 2020

In late 2018 Brazil's new political regime was not everyone's idea of a good thing, but it gave hope to many pragmatists in the country. It was a similar story elsewhere on the continent: in Argentina, Macri's government appeared on the verge of solving the country's economic woes, and in Venezuela it seemed possible that an insurgent opposition from Juan Guiado could topple the incumbent dictator, with the backing of the US and much of the world. Chile, Colombia and Peru all felt firm and on the cusp of political, economic and legal stability.

Fast-forward to the present day, and the continent couldn't look more different. Protests have been nonstop in Chile...