Latin America's power moves: From trade deals to Trump's new threats

In late-november Yamandú Orsi won Uruguayʼs presidential race marking a shift back to center-left politics in the small but influential south-american nation. The former Canelones mayor (who takes office in about 3 months) brings a moderate approach to regional politics: his friendly ties with Argentine officials show promise for future cooperation

The Mercosur trade bloc — which Uruguay helped create in early 90s — is having a break-through moment. After a quarter-century of talks the EU trade agreement seems closer than ever; European Commission head rushed to Montevideo right after French governmentʼs collapse this week. The bloc is also expanding its reach:

• Panama joins as first Central American associate
• Singapore deal signed earlier this year
• Japan negotiations in progress
• El Salvador and Dominican Republic showing interest

In a ground-breaking move Barbados announced what they call worldʼs first debt-for-climate swap: the deal saves the nation $125 million which will go to water infrastructure instead of interest payments

The Brazilian soccer scene got a major shake-up when Botafogo claimed its first Copa Libertadores title. The teamʼs success comes after new rules allowed more foreign investment and players — U.S businessman John Textorʼs purchase of the club in 2022 played a big part in this turn-around

We Botafogo fans have John Textor on earth and God in heaven

The Mexico-U.S relationship faces new challenges as Donald Trump threatens 25% tariffs on Mexican goods. Claudia Sheinbaum‚ Mexicoʼs president chose a diplomatic path: sending a firm letter and having a phone chat with Trump instead of meeting face-to-face. While both called their talk positive they dont agree on border policies — Mexico prefers “building bridges“ over closing borders