Since 2014 and the fall in oil prices, Venezuela has suffered a deep structural crisis. The country is still immensely dependent on oil resources (95% of government revenues). The fall in oil prices has first triggered an economic crisis which is today turning into a democratic lockout.

After one year in office, Argentina’s President Mauricio Macri is still hoping for better days to come for his country. Elected in late 2015 with 51% of the votes, the former Buenos Aires’ mayor had promised to put Argentina back on track with an ambitious and bold programme. If some signs might suggest the country’s situation is stabilizing, the results have yet to be seen so far.

On November 30th, the Colombian Congress ratified a revised version of a long-awaited peace agreement between the government and the rebel group FARC. After a first agreement was narrowly rejected on October 2nd by popular referendum (50,2% voted against), President Juan Manuel Santos introduced a new version on November 24th.