
US - Venezuela
We have all seen the headlines of the US intervention in Venezuela with Trump looking for $100 bn dollars from US Oil firms to buy into and develop Venezuelan oil and build its economy.
EU - South America Trade Deal
After 25 years of negotiations between the EU and the South American trade bloc “Mercosur”, including Argentina, Brazil, Paraguay, Uruguay (as founding members), and Bolivia, with Venezuela currently suspended; (no doubt Trump with ‘right’ that) as well as associate membership for Chile, Colombia, Ecuador, Guyana, and Suriname, while Peru has ‘associate status’ although not a member yet and Mexico currently ‘observing’ i.e., getting ready to comply with Mercosur rules.
US - Argentina
Not heaviliy publicied was also the US Currency Stabilisation Fund supporting Argentina bu buying up Agrentine pesos in September to stabilise currency, trade and boost popularity to stablise Trump’s ally, President Milei’s government.
Comment
The above headlines speak for themselves, we suggest South American funds may be worth investigating by us all.