Companies operating in Latin America and the Caribbean are facing a dynamic and increasingly complex political landscape. They can no longer rely on alliances with national government leaders in power or costly arbitration when things go awry. Instead, they need better strategies to manage risk.
These include proactive social media listening to identify and head off or more quickly respond to looming challenges; a community-centric approach, including investments in projects that provide long-term benefits to ensure local support; partnerships with longstanding local businesses that intimately understand their market dynamics; and more robust contingency planning to ensure business continuity amid political unrest.
In October 2023, First Quantum, operator of one of the world’s largest open-pit copper mines, suffered a major setback as it tried to negotiate a new contract with the government of Panama. Enraged by the terms of the contract and concerned about environmental damage, citizens took to the streets, demanding that the mine be shut down in protests that paralyzed the country.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Latin Mafia Drops Debut Album ‘Todos Los Días Todo El Día’ & More Best New Music LatinFrom Latin Mafia's debut album to Alejandro Sanz's new song, check out this week's best new Latin music releases.
Read more »
J Balvin Opens Up About Latin Culture & Resilience at Latin Music Week 2024Here are the 10 best quotes from his Superstar Q&A at Billboard Latin Music Week 2024.
Read more »
AP Week in Pictures: Latin America and CaribbeanOct. 11-17, 2024 One Direction fans flocked to the Casa Sur Hotel in Buenos Aires, Argentina, after singer Liam Payne died in a fall from a hotel balcony.
Read more »
Renata Brandão on Expanding Brazilian Powerhouse Conspiracao Filmes Across Latin AmericaNamed to THR's 2024 Most Powerful Women in International TV, Brandão explains the challenges of translating Brazilian success to Mexico and beyond.
Read more »
Analysis-Latin America braces for US election impact on trade, tariffsAnalysis-Latin America braces for US election impact on trade, tariffs
Read more »
AP Week in Pictures: Latin America and CaribbeanOct. 18-24, 2024 Millions of Cubans were left without electricity for days after the nation’s energy grid went down when one of the island’s major power plants failed.
Read more »