Peru’s troubles show how magical thinking won’t cure Latin America’s corruption challenges.

If recent polls are to be believed, Brazilians will elect an anti-establishment firebrand as president on October 28.

While it might seem like a political tsunami from the outside, the most likely economic policy outcomes from Brazil’s second round of presidential voting are relatively tame.

Brazil’s election upcoming general election is wide open, and its result could be make-or-break for the continent’s right-wing resurgence.

Former president Luiz Inacio Lula da Silva’s political career looks to be finished, with major consequences for Brazil’s upcoming general election in 2018.

Brazil’s Operation Carwash has caught some big fish so far, but none so big as former president Luiz Inácio Lula da Silva, who saw his corruption conviction upheld earlier this week.