Economist João Caetano Leite compared polling data from all post-dictatorship presidents with the real effective exchange rate (indexed to 2010 averages). And it showed how currency devaluation hurts presidential popularity.

For more: newsletters.brazilian.report/p/inflation-...

Why Gustavo Petro of Colombia relented after Trump threatened sanctions on his country:

For more, read @brazilianreport.bsky.social's LatAm Report: newsletters.brazilian.report/p/trump-mexi...