😢 Haiti horrors and risk premiums

Haiti could once again become the largest humanitarian tragedy of the continent. And the risk of debt defaults across Latin America.

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Ignacio Portes & Jorge C. Carrasco
July 11, 2025

HAITI

Another humanitarian crisis is unfolding in Latin America

Armed men from a group called Du Sang 9 protest against the government for the lack of security in the capital, Port-au-Prince. Photo: Jean Feguens/Reuters/Folhapress

Armed men from a group called Du Sang 9 protest against the government for the lack of security in the capital, Port-au-Prince. Photo: Jean Feguens/Reuters/Folhapress

Latin America has seen its fair share of humanitarian crises over the last decades, from internal displacement caused by Colombia's armed conflict at the turn of the century, to the millions of Venezuelan exiles in the 2010s. Now, alarms are ringing in Haiti, already regarded as the poorest country in the Western Hemisphere, where the situation has further deteriorated as gangs take control of vast amounts of its territory…

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