In the Media
Talbert Navia Discusses the Political Shift in Latin America with Bloomberg Law
In the Media
Talbert Navia Discusses the Political Shift in Latin America with Bloomberg Law
May 1, 2023
Winston & Strawn Partner Talbert Navia was quoted in a Bloomberg Law article discussing the recent shift to socialism in major Latin American countries, prompting wealthy and middle-class investors to move capital elsewhere, including the Dominican Republic, Panama, Spain, and the United States. The shift, commonly known as the “pink tide,” largely started in response to increased inequality first in Mexico in 2018 and continued to spread to Argentina in 2019, Chile and Peru in 2021, and Brazil and Colombia in 2022.
“This is a historic event we’ve never before seen—the entire region has gone pink on us,” Talbert said.