Latin America’s political dance card is full for the rest of the year. The region will face more Presidential elections in one year than it has in over a generation, a coincidental confluence of electoral calendars. Remarkably, the experienced players in the region, be they financial or direct investors, are calm. Latin America will likely enjoy a year of moderate to healthy growth, a fourth consecutive year of expansion, thanks to strong commodity prices that favor many of the region’s economies. In 2006 the price of oil, metals, and food commodities will impact the region more than the busy election cycle.