In a new briefing, DoubleLine Global Sovereign Debt Portfolio Manager Valerie Ho and Analyst Nicholas Engler preview national elections in 2025-2026 across eight Latin American countries in South and Central America and the stakes for the region in the U.S. midterm elections in November next year.
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“Latin America stands at an electoral crossroads,” Ms. Ho and Mr. Engler write. “While the region continues to grapple with volatile U.S. foreign policy and the Trump administration's rewriting of international trade rules, the ballot box might now determine its future. A wave of major elections across South and Central America over the next year could trigger a series of political shake-ups. These have the potential to realign the new governments with Washington – or deepen ideological divides.”
The Latin American elections discussed by the authors are Argentina, Brazil, Chile, Colombia, Costa Rica, El Salvador, Honduras and Peru.
The paper, titled “The Elections Factor: A Continental Crossroads for U.S.-Latin America Relations,” can be downloaded at the following link: https://doubleline.com/wp-content/uploads/Elections-Factor-A-Continental-Crossroads-for-US-Latin-America-Relations_Sept2025.pdf
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