Brief: Uruguay Breaks With Mercosur

The South American bloc's future has been in doubt for years.

Background: South America’s two largest economies, Brazil and Argentina, led efforts in 1991 to establish the Southern Common Market, known as Mercosur, with Paraguay and Uruguay. A key objective was to improve members’ bargaining power in international trade negotiations. But by requiring unanimous consent, Mercosur ultimately stifled members’ ability to strike trade deals. As a […]

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Geopolitical Futures (GPF) was founded in 2015 by George Friedman, international strategist and author of The Storm Before the Calm and The Next 100 Years. GPF is non-ideological, analyzes the world and forecasts the future using geopolitics: political, economic, military and geographic dimensions at the foundation of a nation.