LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

May 10, 2022

How Much Can the Summit of the Americas Achieve?

Heads of state from across the Americas are to gather next month in Los Angeles for the Summit of the Americas. A meeting of the most recent summit, in Lima in 2018, is pictured. // File Photo: Peruvian Government.

Q

A

Roberta Lajous, former Mexican ambassador to Cuba and Bolivia: “It’s high time that President Biden is devoting attention to the Americas. The Trump tsunami on hemispheric relations—he didn’t even attend the last summit in Peru—left a bad impression of the United States in the region. The pandemic, increasing U.S. competition with China and the Russian invasion of Ukraine have put additional strains on inter-American relations. The invitation to Los Angeles will hopefully have a soothing impact if commitments are made to improve the dire situation in most economies in the region, where more than 60 million are hungry and many more are experiencing food insecurity. Beyond the good will that the summit can provide, the Americas need to develop a vision for the future amid a changing world order. Democracy and the rule of law are in peril throughout the region, an issue that must be addressed. A nearsourcing strategy has to be developed for the North American powerhouse by…”

Top News

Itaú Unibanco Posts 15% Increase in Recurring Profit
Brazil’s Itaú Unibanco on Monday posted a 15 percent increase in recurring net income for the first quarter. The bank’s loan portfolio growth drove the increase in profit.
Venezuela Begins Importing Iranian Oil in Swap Deal
Venezuela has started to import Iranian oil for processing at its domestic facilities. The imports followed last week’s visit to Venezuela by Iran’s oil minister, Javad Owji.
Ecuador Prison Riot Leaves at Least 44 Dead
A clash among gang members left at least 44 inmates dead Monday in the Bellavista prison in Ecuador. President Guillermo Lasso tweeted condolences to family members of those killed.

Complete editions of the Latin America Advisor are delivered on a biweekly basis to members of the Dialogue’s Corporate Program and other subscribers. Sign up below for a free complimentary preview subscription.

ABOUT THE LATIN AMERICA ADVISOR

The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. For more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

Subscribers

Staff

Gene Kuleta
Editor
P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David
Goette-Luciak
Reporter

Nili Blanck
Reporter

board of advisors

Diego Arria
Director,
Columbus Group

Merike Blofield
Professor of Political Science,
University of Hamburg

Devry Boughner Vorwerk
CEO,
DevryBV Sustainable Strategies

Joyce Chang
Global Head of Research,
J.P. Morgan

Marlene Fernández
Corporate Vice President for Gov’t Relations,
Arcos Dorados (McDonald’s)

Peter Hakim
President Emeritus,
Inter-American Dialogue

Donna Hrinak
Director,
Adtalem Global Education

Jon E. Huenemann
Council Member,
GLG Inc.

James R. Jones
Chairman,
Monarch Global Strategies

Craig Kelly
Senior Director,
Int’l Gov’t Relations,
Exxon Mobil

Barbara Kotschwar
Professor of Political Economy,
Georgetown University

John Maisto
Director,
US Education Finance Group

Nicolas Mariscal
Chairman,
Grupo Marhnos

Thomas F. McLarty III
Chairman,
McLarty Associates

Beatrice Rangel
Director,
AMLA Consulting

Ernesto Revilla
Head of Latin American Economics, Citi

Gustavo Roosen
President,
IESA

Andrés Rozental
President, Rozental &
Asociados

Shelly Shetty
Managing Director,
Sovereigns, Fitch

Subscribe To
Latin America Advisors

* indicates required field

The Inter-American Dialogue Education Program

SUBSCRIBE TO OUR NEWSLETTER / SUSCRÍBASE A NUESTRO BOLETÍN:

* indicates required