As Donald Trump returns to the White House, much focus was expected on Mexico, Colombia, Venezuela, and Cuba, but Panama has surprisingly taken center stage, even becoming the site of Marco Rubio’s first trip abroad as Secretary of State. President Trump has said the U.S. should take the Panama Canal back. Are his true goals reducing China’s influence in key infrastructure projects and securing greater Panamanian cooperation on migration and trade, or is he serious about the threats? While China’s role has grown, they don’t control the canal. Meanwhile, Panama’s deep historical and economic ties to the U.S. remain strong, fueling confusion in Panama about Trump’s intentions. In this episode we talk to Panamanian political analyst Rodrigo Noriega about Panama’s past, present and future, assessing how the country's political class, public opinion the canal authorities are processing this delicate moment.
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28:08
A Critical Election in Ecuador
Nearly a year ago, Ecuador faced a surge of violence when drug gangs took over a TV station and kidnapped police, marking the country's worst security crisis. Since then, President Daniel Noboa has made modest progress, with homicides down 16%, but 2024 still ranked as Ecuador's second most violent year. Noboa also faced a severe energy crisis, with droughts leading to planned blackouts that hurt his previously strong public support. Despite economic challenges, including a potential recession, Noboa remains a leading candidate in the upcoming February 9 elections, narrowly ahead of correísta candidate Luisa González. As Ecuador prepares to vote, we analyze the fight against organized crime, the economic situation and how either Noboa or González might handle a potential Trump presidency in the U.S. Our guest is Sebastián Hurtado, the co-founder and CEO of Prófitas, a political risk consultancy based in Quito.
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32:10
Chancay Port and the China-U.S. Battle in Latin America
Peru quickly became one of the first countries in the cross hairs of the incoming Trump administration because of the recently-inaugurated Chancay port, which is run by the Chinese company Cosco Shipping. In this episode, we ask Alfredo Thorne, a former finance minister of Peru, what is special about the Chancay port, what this project tells us about China's plans in Latin America and how Peru is likely to navigate the tension between the U.S. in China for which the country has become a lightning rod.
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25:13
What to Expect from Latin America’s Economies in 2025
In this episode we look at what to expect from Latin America’s economies in 2025. Ernesto Revilla, chief economist for Latin America at Citigroup, evaluates the impact of Donald Trump’s return on the region’s economic outlook, his predictions regarding trade tensions, and how ideological affinities between presidents could affect economic policy. He also analyses the health of Latin America’s economies independently of Trump’s decisions, focusing on Mexico, Argentina and Brazil, but also commenting on Andean nations, as well as Costa Rica and the Dominican Republic.
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33:35
Mexico Under Pressure, Not Only from Trump
Since Donald Trump’s election there have been fireworks between him and Mexico’s President Claudia Sheinbaum. President-elect Trump has threatened to impose tariffs of 25 percent as two leaders embark on what are likely to be contentious negotiations over migration, border control and trade. In this episode we discuss the potential consequences for Mexico and what is Sheinbaum’s strategy. We also assess the current health of the Mexican economy as the president marks two months in office. Our guest is Valeria Moy, director of director of the Instituto Mexicano para la Competitividad, a think tank based in Mexico City.
Colombia