URSAL

Etymology
It is also related to, meaning ,.

This term was originally coined as a satire in 2001 by Brazilian sociologist Maria Lúcia Victor Barbosa. In 2006, it was treated seriously as a conspiracy theory in an article for the Jornal do Comércio (Journey of Commerce) by Brazilian writer. In 2018, the conspiracy theory was popularized in Brazil by presidential candidate.

Noun

 * 1)  A Soviet Union-like organization claimed to be formed by Latin American countries.

Usage notes
Although this term originated as satire, it is also sometimes treated seriously as a conspiracy theory, either claimed to be a present organization or one that might be formed in the future.