The passage discusses the Latin American tradition of "El Año Viejo" celebrated on New Year's Eve. In this tradition, communities come together to reflect on their accomplishments and failures of the past year. They are called to set "obligatory resolutions for change" that are announced publicly on December 31st before welcoming the New Year. The tradition emphasizes being thankful for blessings of the past year and involves a popular song that is sung to symbolically burn the old year and welcome the new.