A socialist wave leads to capital flight

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April 28, 2023

Many wealthy people from Latin America are departing for Miami. Photographer: Rose Marie Cromwell for Bloomberg Markets

Read the story As every major country in Latin America shifts to the left in reaction to widening inequality, capital is fleeing the region. People and corporations in the region's five largest economies pulled roughly $137 billion out of their countries in 2022 — 41% more than in 2021 and the most since 2010. Read The Big Take.

Listen to the podcast Bloomberg's Robert Langreth and Emma Court join Friday's episode to share their reporting on recent advancements in weight-loss treatments — and the fight over who should pay for them.   Subscribe and listen on iHeart, Apple and Spotify.

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