☀ Domingo Brief — Brazilian Bumble CEO, Paraguayan remittances, & Milei’s big win

Each Sunday, take two minutes to catch key stories and opportunities shaping Latin America.

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Welcome back to the Domingo Brief! We took last week off for a Latinometrics team summit to plan out what’s next to come in 2024—stay tuned! For now, let’s get back to this week’s issue, which includes Javier Milei’s victory in Argentina, Colombia’s new biodiversity fund, a look to the future of US demographics, and more.

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Trivia of the Week

The correct answer to our last trivia, Guatemala, just barely eked out a victory with 40% of the vote and ahead of the incorrect runner-up answer of Peru. The small Central American country may not be the world’s largest exporter of much, but for cardamoms it certainly is.

Each week, tune back in for the answer to the previous week’s trivia question. No cheating!

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🇦🇷 Javier Milei, an anarcho-capitalist economist and political outsider, successfully clinched victory in the Argentinean presidential run-off, the final major electoral contest for the region in 2023. Milei secured over 55% of the vote against his opponent, Minister of Economy Sergio Massa.

Latinometrics: Coming on the heels of a long chain of opposition victories across the region, Milei’s victory reflects a greater anger with the state of Argentina’s political system and finances today. The 53-year old president-elect, when he takes office on December 10th, will face an uphill battle in terms of getting his policy proposals passed by congress.