OBELA Analysis

For two decades, China has been transforming its domestic financial architecture into a part of the new international financial architecture, opening the door to a new global order. China's issuance of sovereign bonds in 2024 in Dubai is a significant development. It challenges the narrative that China wants to de-dollarise the world. In its place, it introduces a new order in which the dollar plays a different role. The fact that the U.S. has held the top currency position allowed them to finance their huge deficits despite their poor macroeconomic data, as the world's international reserves are held in U.S. treasury bonds (T-bonds). It has now changed.

The shift in the energy matrix, driven by growing concern about climate change and the search for cleaner, renewable energy sources, has opened up a range of opportunities for investors. China's growing influence in Latin America has significantly reshaped the regional energy landscape. The main Latinamerican countries have made progress towards renewable energies, but the change in the energy matrix is still a long way off. This article will review the participation of the Red Dragon in Latin America in the electricity sector on the renewable energy side.

Mexico's water crisis has intensified recently, exacerbated by climate change, urbanisation and inefficient water use. The country faces a dilemma because much of the available H2O is destined for the agrifood export sector. This article examines the interrelationship between water consumption, the water footprint of agrifood products and exports to highlight the urgent need to implement sustainable production policies in the context of climate change and crisis.