Guido Bellido Ugarte’s column, published in Lima Gris, analyzes the evolution of regional alliances in Latin America. It traces a shift from the Group of Lima – a body initially focused on diplomatic pressure regarding Venezuela – to a more robust structure termed the “Americas Shield.” This transformation, the author argues, signifies an escalation in competition for regional market dominance. Bellido Ugarte posits this competition is increasingly manifesting at a military level, indicating a heightened state of geopolitical tension. The article suggests the Americas Shield represents a move beyond diplomatic efforts toward a more assertive, potentially militarized, approach to securing economic interests. The author implies a growing conflict over regional control and resources, characterized by increasing military preparedness. Ultimately, the column warns of a growing arms race driven by economic rivalry within the Americas.