Latin America's 'pink tide' may have hit its high-water mark

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Latin America's 'pink tide' may have hit its high-water mark
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An anti-incumbent streak that lifted the left could soon swing major elections the other way.

FILE PHOTO: A man waves a flag while police officers stand guard during a protest after Congress approved the removal of President Pedro Castillo, in Lima, Peru December 7, 2022. REUTERS/Alessandro Cinque/File Photo

To have the same staying power as the left-wing renaissance at the turn of the century, governments will need to reignite economies that have frustrated voters and investors alike during a decade of mostly mediocre growth. Brazilian President-elect Luiz Inacio Lula da Silva, 77, who narrowly beat incumbent Jair Bolsonaro in October, is a holdover from the region's first pink tide, when a commodity boom helped him finish his 2003-2010 presidency with record approval.

While Chile's Boric spoke out on human rights abuses under Venezuelan President Nicolas Maduro, both Petro and Lula have been eager to restore diplomatic ties with Caracas. Lula recognized Castillo's ouster as"constitutional," but did not condemn his attempt to shut down the legislature.The region's new pink tide has a distinct green tint, as progressive movements have embraced the fight against climate change. While old guard leftists like Mexican President Andres Manuel Lopez Obrador are still bullish on fossil fuels, many of his peers are embracing renewable energy and conservation.

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