Cross-border Latin America: unicorns, funding rounds, commodities and trade.
When Gatún Lake fell, the canal cut transits from 36 to as low as 22 a day and auction premiums hit millions of dollars. The waterway has recovered — and started building for the next drought.
Chile and Peru together mine about a third of global copper, and record prices have returned the region to the center of commodity strategy. The projects, the constraints, the politics.
The region minted dozens of billion-dollar companies between 2019 and 2021, then endured a three-year funding winter. The survivors define what the ecosystem is now.
Chile alone has agreements covering most of the world economy; Brazil barely participates. A working map of the region's free-trade architecture.