The lightning-strike intervention by U.S. forces in January 2026—culminating in the detention of Nicolás Maduro—has done more than redraw the political map of South America.
It has unleashed a maelstrom in the global flow of capital.
From the volatile fluctuations of the Brazilian Real to the strategic pivot of state-owned oil giant Petrobras, the region is facing a seismic realignment.
How does geopolitical tension translate into a “risk premium,” and at what point does it begin to erode the real economy?
In this second installment, we decode the chaos of the South American markets through an exclusive Q&A with a leading economist, often cited as the “compass” of the Brazilian economy.
For the savvy investor, the priority is not merely recording the turmoil, but understanding the underlying logic of the “reorganization of capital” currently underway.
