[Brazil] - Opinion: Milei's Win Shifts South American Political Tide

INSUBCONTINENT EXCLUSIVE:
Political Tide
(Photo Internet reproduction)It highlights the political changes in South America between 2019 and November 2023.This period saw significant
shifts, with elections in Ecuador and Argentina playing a crucial role.South America Gets More BalancedThe last four years have been
transformative for South America
Argentina, Ecuador, and Uruguay moved from left-leaning to right-leaning leadership.In contrast, Bolivia, Brazil, Chile, Colombia, and Peru
saw the rise of leftist presidents.Economically, the division is stark.World Bank data shows that left-leaning governed countries amassed
$3.5 trillion in regional production in 2022.Right-leaning nations, namely Ecuador, Paraguay, and Uruguay, accumulated a total of $227.95
at $1.9 trillion
Argentina, under leftist rule in 2019 and the second-largest economy on the continent, accounted for 13.3% of the regional GDP.By 2022, its
share increased to 18%.Argentina is also a significant trade partner for Brazil
the Peronist candidate, marks a pivotal moment in Argentine politics.It ends a period of Peronist dominance in Argentine elections over the
the recent dominance of left-leaning ideologies.His presidency could herald a new era for the continent, with potential implications for
both domestic and regional politics.