Venezuela's government detained seven foreign nationals, including two Americans, in the latest escalation of tensions before President Nicolas Maduro's contested swearing-in ceremony later this week.
Venezuelan opposition leader Edmundo González, who asserts victory in last year's presidential election against President Nicolás Maduro, reported on January 7 that his son-in-law was kidnapped in the capital.
The incoming Trump administration has sent conflicting signals about its approach to Venezuela, as the appointment of prominent hawks to key positions appears to clash with suggestions of a more pragmatic stance towards Maduro's government.
Latin America and the Caribbean face another year of lacklustre economic performance, with growth projected at just 2.2 per cent in 2024 and 2.4 per cent in 2025, according to a report by ECLAC, which also warned of risks from potential US tariffs.
Latin American and Caribbean nations must radically strengthen tax collection and private sector involvement to bridge a $99bn annual sustainable financing gap, according to a new report from leading international organisations.
Violent crime and insecurity cost Latin America 3.4% of GDP annually, fueling a vicious cycle of low growth, emigration and instability. Breaking this requires bold reforms, stronger institutions and regional cooperation to tackle organised crime.
Trump's return to power sets up a confrontational start with Latin America, threatening tariffs and strict border controls. Mexico pushes back firmly against US pressure, while China quietly expands its regional influence challenging US dominance.