When French politician Pascal Lamy set the process in motion to replace himself as the head of the World Trade Organization (WTO), it was an interesting outcome that the two last candidates for the position were both from Latin America and were both from economies either from BRICS nations or …
Many Americans feel that their current system of government is unable to get anything done in any meaningful way. Conflicts between interests in the U.S. government has blocked essential legislation from being passed, and interest groups in the political system thrive off preventing the president from passing many of his …
Economic Comission for Latin America and the Caribbean (ECLAC) recently published its growth forecasts for Latin America’s economies in 2013. With a few exceptions, the news is disappointing. The 3.5 percent projected growth for Latin America’s economy is slightly above last year’s rate, but well below the 5 percent clip …
One fact that is often presented in the classroom of fresh MBA students is that out of all the markets for carbonated beverages in the world, Mexicans stand as the number one consumers of sodas. So much is the love of those sugary drinks that it placed the former head …
This week the BBC was promoting a new study that redefined the traditional class structure in Britain into new modern categories. With the assistance of some U.K. universities and research institutes, they made a class calculator that can be taken online and will define in what part of British society …
President Enrique Peña Nieto has mounted an assault against Mexico’s entrenched monopolies over the past two months. He first took on the teachers union, then the telecoms, explaining his aim was to “transform the country, not just to run it.” Where’s this going? As noted by the Financial Times, the …
Porteños (Argentines from the capital city Buenos Aires) will get quite a self-esteem boost today, March 19 when the Vatican inaugurates Argentine Cardinal Jorge Mario Bergoglio as the new pontiff of the Roman Catholic Church.
There has been no news in Buenos Aires for the last five days that has not …
Jorge Mario Bergoglio became the first Pope from outside of Europe for nearly a millennium, reflecting the reality of a church that has the majority of its followers in Latin America and the strong connection with society and social justice that churches have had in the developing world.
Since before the 2006 election of President Felipe Calderon, Elba Esther Gordillo has been someone who could wag a finger and move Mexico’s most powerful politicians into line. These include former President Calderon himself. Gordillo is head of the Mexican teachers union, the largest union in Latin America at 1.4 …
Last week, Raul Castro announced that he would step down from power in 2018. The last Castro to leave the seat of power in Havana is effectively ending a half-century long novella starting in the 1950s, etching the names of Castro and Che across all of Cuba and world history. …
At a high-level executive meeting in Mexico City on Feb. 13, the conversation turned, as it often does in Latin American circles, into a guessing game on Chavez´ health. Several participants insisted ¨Chavez is dead, we haven´t heard from him or seen him in weeks.¨ My response? The man is …
Latin America is often seen as in the lower echelon of State Department priorities, and many experts think this is appropriate, given the world’s current hotspots. However, Latin Americans are our closest neighbors, much of our immigrant population, and our partners in solving major domestic issues. Christopher Sabatini, Editor-in-Chief of …
President Obama in his State of the Union address announced that the United States and the European Union would seek out a Free Trade Agreement in order to boost the economy of both regions and help curb the ongoing bouts of recessions. This proposed agreement will be …
Were I looking to invest in sovereign fixed income, say to pay for a house or travel one day, Bolivia is probably not the first place I would look. However, as of last fall, many institutional money managers disagree with me. Last October, the Bolivian government issued $500 million in …
On January 28, a band playing in the popular Kiss nightclub in Santa Maria, Brazil decided to add some flare to their show — literally. Gurizada Fandangueira, a country music band lit an outdoor use flare, the cheapest available, which in turn ignited flammable soundproofing foam on the ceiling. The …
