Latin America

The recent wave of electoral victories in Latin America has led some commentators to talk of a pigtide 2.0. It doesn't feel right now like it's a moment where it's straightforwardly the left that is on the march, he says. But I would say maybe the difference between now and then, first of all, is that the far right is much stronger. Second of all, that the old guard is much weaker and much more precarious.