Ambassador Clifford Sobel on Reshaping the Global Economy at FII PRIORITY Summit in Rio

In a dynamic discussion, Ambassador Clifford Sobel speaks about the evolving multipolar world, highlighting the strategic role of unaligned states in global economics. He emphasizes the United States' need to engage with these states, which control trade networks, resource pricing, and future technologies. Sobel also discusses the increasing collaboration among emerging markets and the competitive nature of their decisions, whether aligned with China or the U.S. As an investor, he notes the significant opportunities in Latin America, particularly in Mexico due to nearshoring trends, and in Brazil for its financial innovation, such as the rapid adoption of the PIX payment system and the potential of its central bank digital currency (CBDC).