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Peppers on Ice: LatAm Central Banks Adjust to US Slowdown

Peppers on Ice: LatAm Central Banks Adjust to US Slowdown

Scarcely a month ago, market analysts were calling for Latin America’s central banks to hike interest rates. But on the heels of weak US quarterly GDP numbers and signs that the EU debt crisis may envelop Spain and Italy, market analysts are now forecasting lending rate cuts for Latin America’s two largest economies. The yield […]

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Latin America’s Markets Tumble, Mexico’s Less Than Others

Latin America’s Markets Tumble, Mexico’s Less Than Others

Yesterday’s 5.6 percent drop in the Dow reverberated through Latin America’s major stock exchanges. Argentina’s stock market took the worst hit, losing almost 11 percent of its value. Brazil’s Bovespa declined more than 8 percent; Chile and Peru’s markets each lost 7 percent. Mexico’s stock market, the Bolsa, withstood the sell-off better than the other […]

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The Juarez Economy is Booming

The Juarez Economy is Booming

NPR’s “Morning Edition” features an upbeat report by Jason Beaubien on Cuidad Juarez. Yes, Juarez: the border city in full grip of Mexico’s drug war. But the economy is thriving, adding jobs and exporting more goods to the United States than ever before. Car part factories are a big part of the city’s industrial base. […]

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Overheating Economies: Cause for Alarm in the Southern Cone

Overheating Economies: Cause for Alarm in the Southern Cone

I can’t let go of an article from the July 2 edition of the Economist. “Who’s Overheating” proposes an “emerging-markets overheating index” that crunched six factors: 1) Inflation 2) GDP growth since 2007, compared to the past decade 3) Unemployment 4) Credit growth 5) Real interest rates, and 6) Change in current-account balance. Twenty-seven countries […]

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“Revving Up” Expectations

“Revving Up” Expectations

“Every day along the world’s busiest border, an expensive and time-consuming pantomime is acted out.” So begins the Economist’s coverage of the trucking agreement recently announced between Mexico and the United States. From that smart opening line the paper slips into an uncharacteristic fit of naïveté, arguing that Mexico stands to chalk major gains from […]

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Brazil Between Titans

Brazil Between Titans

More and more, Brazil seems to be caught between–and battling against–the greenback and the yuan. One result: the real is now among the “most overvalued” currencies in the world. Part of the problem is the whop-jawed global economy. The world’s largest economy has been slow to recover from the 2008 global financial crisis, causing the […]

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Mexico’s Manufacturing Revival

Mexico’s Manufacturing Revival

Maquiladora factories symbolize Mexico’s economic integration with the United States. While lower wages in China lured away many clothing, toy and TV outfits, today a manufacturing revival is evident in Mexico. Factories are humming at full tilt; some are expanding operations. This news carries two surprises. First, Mexican manufacturing is rebounding ahead of growth and […]

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Georgia, Rotting on the Vine

Georgia, Rotting on the Vine

I was born in Georgia. Edilberto was not, but he has toiled in Georgia’s onion fields for the past 16 years. By all signs, he has led a contented, albeit hard, life in the state where his three children were born. Now though, he is planning to move to North Carolina. This is because on […]

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Mexico Today

Mexico Today

I’m thrilled to join Mexico Today, a joint public and private sector initiative designed to help promote Mexico as a global business partner and tourist destination. Disclosure:  I am being compensated for my work as a Community Manager for México Today, whereby I will generate content and manage other contributors.  I also participated in an […]

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Cuba and China

Cuba and China

While China has won allies across Latin America over the past decade —and access to natural resources to boot—relations between Beijing and Havana remained piecemeal. What gives? Chinese Vice President Xi Jinping’s three-day visit to Cuba provides an opportunity to look at the odd tenor of Sino-Cuban relations. This post is based on an essay […]

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"The War on Drugs Has Not, and Cannot, Be Won"

The Global Commission on Drug Policy releases a study today that is unusually stark: “global war on drugs has failed, with devastating consequences for individuals and societies around the world.”  It contends the “war on drugs” strategy needs to change by focusing more on demand, while acknowledging that US policy—America is the largest demand-source for drugs […]

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“The War on Drugs Has Not, and Cannot, Be Won”

The Global Commission on Drug Policy releases a study today that is unusually stark: “global war on drugs has failed, with devastating consequences for individuals and societies around the world.”  It contends the “war on drugs” strategy needs to change by focusing more on demand, while acknowledging that US policy—America is the largest demand-source for […]

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Potential IMF Chiefs Visit Brazil

Potential IMF Chiefs Visit Brazil

Christine Lagarde visited Brazil on Sunday to buoy her candidacy for the IMF’s top post. At a press conference Lagarde stated: “I will ensure that the Fund represents the diversity of all its members.’’ She went on to indicate that a European should not automatically head the IMF. Perhaps this should be the last time? […]

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Potential IMF Chiefs Visit Brazil

Potential IMF Chiefs Visit Brazil

Christine Lagarde visited Brazil on Sunday to buoy her candidacy for the IMF’s top post. At a press conference Lagarde stated: “I will ensure that the Fund represents the diversity of all its members.’’ She went on to indicate that a European should not automatically head the IMF. Perhaps this should be the last time? The […]

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World Politics Review: Q&A on Brazil-Israel Relations

World Politics Review: Q&A on Brazil-Israel Relations

Israel’s minister of industry, trade and labor recently hosted a delegation of Brazilian business leaders. The following Q&A looks at relations between the two countries: WPR: What is the extent of the economic and political relationship between Israel and Brazil? SG: The two countries have a history of friendly, but rarely robust, relations.  Ambassadors have […]

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About the Author

Sean Goforth
Sean Goforth

Sean H. Goforth is a graduate of the University of North Carolina-Chapel Hill and the School of Foreign Service at Georgetown University. His research focuses on Latin American political economy and international trade. Sean is the author of Axis of Unity: Venezuela, Iran & the Threat to America.

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