Latin America News
LAST UPDATE: August 25, 2025
Carney Pushes Energy, Defense Deals in Europe in Pivot From US
Prime Minister Mark Carney is touring Poland, Germany, and Latvia to forge energy, defense, and critical minerals partnerships—marking a strategic diversification away from reliance on the US.
Insight
Carney’s outreach deepens ties with European allies, bolstering Canada’s geopolitical and trade resilience in the face of US uncertainty, and aligns with broader efforts to integrate defense and resource strategies.
Canada Is Optimistic on Making a Deal With Trump, Trade Minister Says
Trade Minister Dominic LeBlanc expressed confidence in striking a trade deal with the US, particularly following Canada’s removal of many retaliatory tariffs.
Insight
The positive tone underscores a warming trade relationship, aiming to accelerate negotiations and mitigate tensions under the USMCA framework ahead of its upcoming review.
Brazil Secures Amazon Allies for $125 Billion Global Forest Fund
Brazil is rallying support from developed countries for a proposed $125 billion Global Forest Fund, structured around long-term low-cost loans and guarantees.
Insight
This initiative highlights Brazil’s leadership in climate finance and its efforts to align environmental protection with global capital markets—setting the stage for COP30 agreements.
