Cryptocurrency volatility, political crises in Colombia and Peru, and geopolitical tension are shaping the economic and business agenda.

The week of November 24-30, 2025, was marked by significant corrections in the cryptocurrency market, the worsening of institutional fragility in several Latin American countries—especially Colombia and Peru—and the escalation of diplomatic and military tensions between Venezuela and the United States. Additionally, there were warning signs in the Eurozone manufacturing sector and an anticipated stimulus response to industrial weakness in China.

Markets and Finance: The Fall of Cryptocurrencies

The international financial market was shaken by the significant drop in price of a large part of cryptocurrencies. El Bitcoin lost close to 30%. of its value compared to its all-time high at the end of September, which stood at $126.000. The correction is attributed to a combination of factors, including:

Withdrawal of funds by institutional investors.

Regulatory uncertainty

Contagion effect stemming from growing concern about the valuation of companies Artificial Intelligence.

An apparent exhaustion in the perception of some cryptocurrencies as "safe haven assets", contrasted with the fact that the price of gold It is close to its all-time highs.

As a direct consequence, the total value of the more than 18.000 cryptocurrencies listed on the exchange has decreased by more than one trillion dollars during the last month.

Latin America: Institutional Crisis and Close Elections

The Latin American region presented a panorama of maximum political fragility and institutional questioning:

ColombiaPresident Petro is going through a "critical moment" after alleged links between the FARC dissidents and high-ranking officers of the Army and the National Intelligence Directorate (DNI). Despite Petro calling the accusations "false" The Prosecutor's Office opened five lines of investigation, including one on the financing of his 2022 campaign. This case adds to sanctions imposed by the National Electoral Council for exceeding legal spending limits. There are already corruption allegations that reach former ministers , placing the Government in a moment of maximum institutional fragility.

PeruThe country shows evidence of sustained erosion of the political system by accumulating four former presidents imprisoned simultaneously (Toledo, Humala, Vizcarra and Castillo) and Six heads of state deposed or resigned since 2018. This week, Martín Vizcarra He was sentenced to 14 years in prison and disqualified from holding public office for nine years for receiving bribes.. For its part, Pedro Castillo He received an 11-year and five-month prison sentence for conspiracy in the failed 2022 self-coup.. The sentence against Castillo, which involved his former prime minister Betssy Chávez, keeps open a diplomatic crisis with Mexico.

HondurasThe general elections of November 30th took place in a climate of polarization and close scrutiny. With nearly half of the ballots counted, the conservative candidate Nasry Asfura (National Party) leads the count with 40%. One source of tension was the intervention of the former US president Donald Trump, who openly asked for votes for Asfura. Uncertainty persists, and the ruling party has suggested it might not recognize an unfavorable result..

Geopolitics and Energy

Venezuela/USA: Escalation and Discreet Contacts. The conflict between Washington and Caracas became more visible and dangerous.. Donald Trump declared Venezuelan airspace "completely closed" , causing a unprecedented isolation and flight cancellations. President Maduro formally requested assistance from the OPECwarning that the US military deployment puts "in grave danger" the oil production and the global energy market. In a contradictory move, Trump mentioned the possibility of ground operations, while it was learned of a telephone conversation with Maduro to explore a possible meeting in the US. UU..

Lebanon/Cyprus: Maritime Borders and Energy. On November 26, the presidents of Lebanon and Cyprus signed an agreement to delimit their maritime borders after almost two decades of negotiations. The main objective of the agreement is to promote foreign investment in hydrocarbon exploration projects in the Eastern Mediterranean. Additionally, an electrical interconnection will be explored to correct the severe electricity deficit Lebanese.

Asia and Europe: Industrial Challenges and Catastrophes

China: Industrial Weakness and Stimulus on the Horizon. Economic data confirms a widespread weakness in demand and structural problems in the industrial sector. Industrial profits fell by 5,5% year-on-year in October And fixed investment registered its biggest drop since the pandemic. Although the GDP growth target of 5% is expected to be met These indicators increase the expectation that the government will implement a new stimulus package in the first quarter of next year.

Eurozone: Concern in the Manufacturing Sector. Factory activity in the eurozone fell in recessive territory in November, with the industrial activity of Germany and France dragging down the overall result. The crisis in the automotive sector is widespread, as reflected in the fall of 30% in car production between 2017 and 2024.

Sri Lanka: International Aid for Cyclone Ditwah. The cyclone Ditwah It left a dramatic toll, with 355 dead and 366 missing, and more than a million people affected.. Faced with the devastation, the government requested urgent international aid on november 29.

Source: CESCE