Latin America Advisor

A Publication of The Dialogue

Who Has the Upper Hand After Brazil’s Municipal Elections?

In Brazil’s municipal elections on Oct. 6, center-right incumbent São Paulo Mayor Ricardo Nunes advanced to an Oct. 27 runoff against his leftist challenger, Guilherme Boulos. The mayoral race in Brazil’s largest city was among the elections in 5,500 Brazilian municipalities, which also included mayoral contests in Rio de Janeiro, Salvador and Porto Alegre. What were the most significant victories and losses in the election? How will the elections affect the directions of Brazil’s cities, and what will be the impact on the country’s federal government and its agenda? Which issues proved to be the most important in the elections?

Mariano Machado, Americas principal analyst at Verisk Maplecroft: “With Brazil’s top 100 cities by population representing 38 percent of the electorate, municipal elections often serve as a bellwether for wider electoral tendencies—particularly how the next Congress will look. Large centrist parties emerged as the biggest winners, making this a continuity election. Excluding cities without a second round, re-election rates hit 82 percent—the highest in decades. National figures—for better or worse—also shaped results. Former President Jair Bolsonaro’s influence proves resilient: Of 89 candidates he endorsed, 27 were elected, and 17 advanced to the second round. But influence does not equal control…”

Kenya, Haiti Leaders Urge Countries to Honor Pledges

The leaders of Kenya and Haiti met today urged countries to honor their commitments of money and personnel to support the U.N.-backed security mission in Haiti.
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U.S. Treasury Allows Conoco to Pursue Claims With Venezuela

The U.S. Treasury has granted ConocoPhillips licenses to recover $10 billion that Venezuela’s government owes to the company.
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Mexico’s Olmeca Refinery Running at About 80% Capacity

Mexican state oil company Pemex’s Olmeca refinery, which opened in 2022, is running at about 80 percent capacity, said President Claudia Sheinbaum. // File Photo: Mexican Government.
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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.