A standoff between Ecuador and Russia over a proposed arms transfer to Ukraine last month foreshadows how global competition among great powers may play out in Latin America moving forward. If the region doesn’t learn from the episode, it will find itself vulnerable to much larger forms of economic coercion over the coming decade.
Domestic Politics
Censorship of local Russian media, combined with diminished access for foreign reporters, has narrowed our understanding of the war in Ukraine’s impact on Russian communities outside big cities. Yet even with these limits, there are significant signals that undermine the image of invincibility the Putin regime works so hard to project.
Paraguayan President Santiago Pena is attempting to market the country as a burgeoning destination for foreign investment. But weak rule of law and illicit enterprises continue to permeate Paraguay’s political institutions, threatening to set back Pena’s agenda, the country’s progress and wider regional security.