Over the past two decades, Chile has been a place where businesses can operate in a regulatory environment shaped by steady and fair rules, while Argentina’s extensive regulations on prices, taxes and capital controls have made business difficult. However, when it comes to the lithium industry, that narrative has just been flipped.
It’s hard to imagine that Paraguay’s elections would have repercussions for China, or that Taiwan’s status would be of interest to Paraguayan voters. But that is exactly what just occurred Sunday, when one of the top issues in Paraguay’s elections was whether or not to end diplomatic relations with Taiwan and establish them with China.
In the U.S. and Europe, the rapid emergence of AI applications like ChatGPT has catalyzed a debate over their implications for the future of work. These concerns are far lower down on Latin America’s agenda. But in a region of stark economic inequality, AI threatens to exacerbate that divide and the political tensions that come with it.
