Colombia’s Political Turn: A new Colombian president-elect Abelardo de la Espriella is set to lean hard on security and crack down on drug trafficking, with implications for US ties and regional risk pricing. Peru’s Balancing Act: Peru’s election of Keiko Fujimori keeps the country closer to Washington on crime and markets, while signaling it will not “automatically” align with any superpower—especially as China remains a top trade and investment partner. FDI Watch: UNCTAD says global foreign direct investment rose 6% to $1.6T in 2025, but the rebound is uneven—developing economies gained far less than developed ones—leaving investors focused on where capital actually builds jobs and productive capacity. Housing Stress Test: A UN report warns SDG 11 is off track: over 3B people lack adequate housing, with the clock running down to 2030. LatAm Fintech/Payments: Tether is investing $20M in Brazil’s Mercado Bitcoin to expand on-chain payments and tokenized offerings across Latin America. Cyber Risk: Check Point reports Latin America remains the most attacked region, with weekly attacks up sharply and ransomware activity rising. Microfinance Summit: Colombia will host the Summic microfinance summit in Cartagena on Sept. 28-29, spotlighting financial inclusion, regulation, and cybersecurity. EV Supply Chain Shift: China’s EV push is reshaping the “Global South” industrial map, with new production and export hubs emerging beyond traditional Western markets.