Germany Makes Gains in the Scramble Over Latin America’s Resources

 

Latin America’s political shifts are opening doors for Germany’s economy.

Many nations today are casting their gaze upon a land where natural resources are found in abundance, where raw materials are yet to be extracted, and where renewable energy resources haven’t reached their full potential. They are ogling Latin America as a region that could help them secure their economic future.

For a time, China, and to some degree Russia, seemed to gain the upper edge.

But the Trumpet did not expect that arrangement to last. “[B]e assured that Europe will not stand by passively and allow Beijing and Moscow to elbow it off the dance floor,” we wrote last year.

Now, the political landscape in parts of Latin America is changing, which may open the door for greater German involvement.