Despite having some of the largest reserves of rare-earth elements and essential minerals in the world, Latin America remains largely unexplored. However, this is about to change as global powers compete to secure the future of manufacturing and technology supply chains. The May 2025 edition of International Finance will spotlight key developments, including Saudi Arabia’s growing job market in non‑oil sectors, the global economy’s ongoing struggle with mounting debt, and the challenges financial institutions face in navigating evolving sanctions amid rising geopolitical tensions. The cover story will focus on the quiet Gulf nation of Oman, which is growing slowly but steadily while diversifying away from oil toward services and manufacturing.