Overview
- Multiple recent polls show falling approval for right‑wing presidents in Peru, Colombia, Chile and Argentina, signaling growing voter impatience with promises of rapid crime reduction and economic recovery.
- Argentina recorded fresh political and market strain this week with its country risk index above 700, recent peso losses, polls showing electoral parity toward 2027 and the Chamber of Deputies voting to restore the Ley de Tierras chapter to the inviolability bill.
- Brazil's presidential runoff is effectively tied in the latest Datafolha poll and the Superior Electoral Court ordered Meta to treat both campaigns equally on its platforms, imposing a daily fine of 500,000 reais for noncompliance.
- El Salvador remains an outlier: AmericasBarometer and Vanderbilt data show Nayib Bukele with roughly 80% approval after an aggressive security crackdown that has sharply reduced homicide rates.
- The region faces two clear risks: political volatility that is already moving markets and a new battleground over how social platforms distribute campaign content, which could shape turnout and results in tight contests.