As every major country in Latin America shifts to the left in reaction to widening inequality, capital is flying out of the region. Wealthy and, increasingly, middle-class investors are looking for a Plan B in case of more economic and political upheaval. People and corporations in the region’s five largest economies pulled roughly $137 billion out of their countries in 2022. That number—preliminary data from the Institute of International Finance, a group of banking institutions—is 41% higher than the 2021 figure and the most since 2010. – Bloomberg