Stephen Wicary

Trump Aims to Steer Cuba Toward Greater Dependence on the US The Trump administration’s move to ease fuel shipments to Cuba’s nascent private sector is part of a plan to make the island more reliant on the US for supplies, increasing Washington’s leverage to br...

The Trump administration’s move to ease fuel shipments to Cuba’s nascent private sector is part of a plan to make the island more reliant on the US, increasing Washington’s leverage to bring about political and economic change
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www.bloomberg.com/news/article...

I was telling someone about this very story today too…

Just weeks into a US pressure campaign to halt oil shipments to Cuba, a Bloomberg News analysis of satellite imagery finds the level of light at night has dropped as much as 50% across the island, @krishnakarra.bsky.social and I report
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www.bloomberg.com/graphics/202...

Miami Elites Who Dream of Rebuilding Cuba Fear It’s Too Far Gone The regime is so entrenched that the playbook the US used in Venezuela isn't likely to work on the island.

As Donald Trump tightens his grip on Venezuela, a turnaround in Cuba also seems within reach. But Miami exiles fear the island’s needs are now so staggering that it won't be able to attract the investment required to recover.

🎁🔗: www.bloomberg.com/news/feature...

Maduro Ouster Leaves Cuban Regime Without a Benefactor Hours after the US military whisked Nicolás Maduro away from Caracas, Cuban President Miguel Díaz-Canel said his people should be prepared to “give their blood, even their lives” to defend Venezuela a...

With Nicolás Maduro removed from power in Venezuela, Cuba is now without its principal global ally as its economy careens deeper into the abyss
www.bloomberg.com/news/article...

Venezuela’s New Leader Is the Oil Industry’s Long-Time Ally As the US threatened Nicolás Maduro’s grip on power in recent months, a cadre of executives, lawyers and investors tied to the oil industry made their case to anyone who would listen — the Trump admin...

As the US threatened Nicolás Maduro’s grip on power in recent months, a cadre of oil industry insiders made their case to anyone who would listen: Delcy Rodríguez should fill his shoes
www.bloomberg.com/news/article...
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Shift in U.S.-Cuba relations a ‘huge triumph’ for Castro Former president Fidel Castro always maintained that eventually U.S. policy of isolation would be defeated, University of Havana economist says

Obama and Raul Castro announced US-Cuba detente 11 year ago today. Here's a story I wrote from the island at the time:
www.theglobeandmail.com/gift/4e6c084...

Coincidence I'm sure, but it's a bit ominous for Trump to be addressing the nation tonight with warships amassed in the Caribbean.

US Seizes Oil Tanker Off the Coast of Venezuela US forces have intercepted and seized a sanctioned oil tanker off the coast of Venezuela, according to people familiar with the matter, a move that marks a serious escalation of tensions between the t...

US forces have intercepted and seized a sanctioned oil tanker off the coast of Venezuela, a move that marks a serious escalation of tensions between the two countries
www.bloomberg.com/news/article...
🎁🔗

Milei’s Election Battle Leaves Argentina’s Banks at Five-Year Low Banks in Argentina saw their worst results since the pandemic amid President Javier Milei’s fierce push to tame the currency before midterm elections.

Banks in Argentina saw their worst results since the pandemic amid Javier Milei’s fierce push to tame the currency before midterm elections
www.bloomberg.com/news/article...
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Milei Wins New Chance, and Tough Challenge, to Remake Argentina A resounding win for Javier Milei’s party in midterm elections late Sunday — with a lifeline from the US — gave the libertarian president new momentum for his quest to overhaul Argentina and break the...

A resounding win for Javier Milei’s party in midterm elections — with a lifeline from the US — gives new momentum to his quest to overhaul Argentina and break its cycle of debt, default and crisis
www.bloomberg.com/news/article...
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Updates on Argentina's Midterm Election Results Argentina Midterm Election 2025: Live Results & News on Milei Presidency

Polls have closed in Argentina’s midterm congressional election, which is a “temperature check” of society’s willingness to continue with the policies Javier Milei has pursued since taking office. Follow our live coverage of it all here:
www.bloomberg.com/news/live-bl...

Milei’s Chainsaw Infuriates Voters He Needs to Salvage His Presidency Spending cuts hit the middle class hard, leaving the libertarian at risk of becoming a lame duck after this weekend’s crucial midterm election.

Javier Milei has hidden his chainsaw from angry Argentines ahead of a crucial election that could sink his presidency and the peso
www.bloomberg.com/news/feature...
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Trump Says ‘We’re Gone’ If Milei Doesn’t Prevail in Midterms President Donald Trump suggested the $20 billion lifeline the US is planning for Argentina could be contingent on libertarian leader Javier Milei’s success in the midterm elections, sending fresh jitt...

Donald Trump suggests the $20 billion lifeline the US is planning for Argentina could be contingent on libertarian leader Javier Milei’s success in the midterm elections, sending fresh jitters through financial markets
www.bloomberg.com/news/article...

Trump Bets on Argentina Again After First-Term Bailout Blew Up Back in 2018, Donald Trump wanted to help an old friend. He knew Mauricio Macri from way back in their real estate days, when they’d played golf — likely with little idea they’d end up as presidents o...

Donald Trump is set to formalize a $20 billion lifeline designed to help his Argentine ally win midterm elections. But unforced political errors and a rejuvenated opposition put Javier Milei in a bind before the vote
www.bloomberg.com/news/article...
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Trump’s Deportations Are Driving a Remittance Boom in Latin America Honduras sees transfers jump 25% as migrants, fearing their time in the US will be cut short by the president’s crackdown, bet their money is safer back home.

Migrants fearing Donald Trump’s deportations are rushing to send money home, sparking a remittance boom in places like Honduras
www.bloomberg.com/news/feature...
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Trump’s Brazil Threats Aid Effort to Hobble Beloved Payment Platform Trump's trade offensive against Brazil stirs up a global rivalry over payment systems.

Credit card companies won a new and powerful ally in their fight against a competing payment system in Brazil when Donald Trump went on the offensive against the South American country
www.bloomberg.com/news/article...
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Bessent Says All Options on Table to Help Milei’s Argentina US Treasury Secretary Scott Bessent pledged to provide “all options for stabilization” to President Javier Milei as he works to keep Argentina from falling back into crisis, prompting a rally in the S...

Donald Trump’s treasury secretary pledges to provide “all options for stabilization” to Javier Milei as he works to keep Argentina from falling back into crisis, prompting a rally in the South American country’s assets
www.bloomberg.com/news/article...
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Milei Clashes With Top Banks Amid Argentina’s Liquidity Squeeze Newly imposed liquidity measures aimed at containing a nascent peso selloff have stoked tensions between Argentine President Javier Milei and the country’s banks, a sector that was largely aligned wit...

Newly imposed liquidity measures aimed at containing a nascent peso selloff have put Javier Milei on a collision course with Argentina’s banks www.bloomberg.com/news/article...

Health Crisis Spirals in Colombia as ERs and Maternity Wards Close Desperate patients struggle to afford basic care and medicines as Petro pushes for a bigger state role in the Andean nation’s once-robust medical system.

Gustavo Petro’s overhaul of Colombian health care is leaving patients untreated as ERs and maternity wards shut down www.bloomberg.com/news/feature...

Battle-Tested Cop Is Mexico's Hope to Tame Cartels and Placate Trump Omar García Harfuch survived a harrowing cartel hit. Now he's trying to pacify one of the world's most violent nations — and the Trump administration.

Mexico's security minister survived a cartel hit. Now he's trying to pacify one of the world's most violent nations — and the Trump administration www.bloomberg.com/news/feature...

Socialist Era Ends in Bolivia as Pro-Business Candidates Triumph Voters sent two pro-business candidates to Bolivia’s presidential election runoff, ending two decades of almost-uninterrupted socialist rule and likely transforming both the nation’s economic model an...

Voters send two pro-business candidates to Bolivia’s presidential runoff, ending two decades of almost-uninterrupted socialist rule and likely transforming both the nation’s economic model and its relations with the US www.bloomberg.com/news/article...

Argentina Faces Massive Debt Rollover Amid Currency Pressures Argentina’s local debt auction Wednesday fell short of market expectations as President Javier Milei’s administration rolled over just 61% of maturities in a key auction that analysts said may prompt ...

Argentina’s local debt sale falls short of market expectations as Javier Milei’s administration rolls over just 61% of maturities in a key auction that analysts say may prompt a drop in the peso www.bloomberg.com/news/article...

Colombia’s Opposition Is Hobbled by Senator’s Murder, Leader’s Scandal After losing its most popular presidential candidate to a shock shooting, Colombia’s conservative opposition is reeling.

Colombia’s conservative opposition has been rocked by two major blows, and is failing to capitalize on Gustavo Petro’s missteps in the runup to next year’s presidential election www.bloomberg.com/news/article...

Milei’s FX Reforms Spur Worst Corporate Default Wave Since 2020 Javier Milei’s reforms have brought stability to Argentina’s chaotic foreign exchange market and praise from investors. But the overhaul is also fueling the worst streak of corporate defaults since th...

Javier Milei’s reforms have brought stability to Argentina’s chaotic foreign exchange market and praise from investors. But the overhaul is also fueling the worst streak of corporate defaults since the pandemic www.bloomberg.com/news/article...

Alberta Bolsters Canada-Mexico Energy Ties as Trump Upends Trade The leader of Canada’s main oil-producing province visited Mexico in a bid to help reset relations with Latin America’s second-largest economy, with a particular eye to promoting energy projects.

The leader of Canada’s main oil-producing province visited Mexico in a bid to help reset relations with Latin America’s second-largest economy, with a particular eye to promoting energy projects www.bloomberg.com/news/article...

Colombian Senator’s Murder Threatens Petro’s Radical Peace Plan Miguel Uribe Turbay’s death complicates Colombia’s peace efforts.

The assassination of Miguel Uribe makes it harder for Gustavo Petro to advance his “total peace” initiative, under which Colombia is negotiating with several guerrilla factions and narco gangs simultaneously www.bloomberg.com/news/article...

Messi, Milei and Mickey Mouse Are Driving Argentine Tourists to US Francisco González Galé didn’t expect to feel so at home when he fulfilled his kids’ wishes earlier this year by traveling to Walt Disney World in Orlando from Buenos Aires. The 46-year-old Argentine ...

Thanks to a stronger peso under Javier Milei and a love for Lionel Messi, Argentines are flocking to Disney World and Miami even as visitors from Europe and Canada shun the US under Donald Trump www.bloomberg.com/news/article...

Carney Is Patching Up Ties With Mexico in Face of Trump Threats Canada is working to reset its ties with Mexico as Donald Trump threatens his neighbors with punishing US tariffs ahead of a planned review of the North American free-trade pact.

Canada is working to reset its ties with Mexico as Donald Trump threatens his neighbors with punishing US tariffs ahead of a planned review of the North American free-trade pact www.bloomberg.com/news/article...

Warlord ‘Barbecue’ Threatens Haiti PM Office as Violence Flares One of Haiti’s most powerful gang leaders is threatening to attack the prime minister’s office and other branches of government, as the troubled Caribbean nation prepares for a leadership transition.

One of Haiti’s most powerful gang leaders is threatening to attack the prime minister’s office as the troubled Caribbean nation prepares for a leadership transition www.bloomberg.com/news/article...

Climate Leader Brazil Is Frantically Drilling for More Oil Even as the country prepares for COP30, President Lula says the proceeds from a discovery are needed to fund the energy transition — but environmentalists aren’t buying it.

Brazil is drilling for more oil near the Amazon while preparing to host COP30. Lula says it’s needed to fund the energy transition — but environmentalists aren’t buying it www.bloomberg.com/news/feature...