Politics, Business & Culture in the Americas

Monday Memo: Brazil World Cup – Colombian Runoff Election – Venezuelan Protests – Mexican Reforms – Amado Boudou



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This week’s likely top stories: the FIFA World Cup kicks off in Brazil; Colombian voters return to the polls; Venezuelan protesters call for the release of Leopoldo López; President Enrique Peña Nieto defends Mexican reforms in Spain; Argentine Vice President Amado Boudou testifies in court.

World Cup Begins in Brazil Amid Subway Strike: The FIFA World Cup will officially open on Thursday, June 12, with the opening match between Brazil and Croatia at Arena Corinthians stadium in São Paulo. Meanwhile, protesters clashed with police in São Paulo as they supported a subway workers’ strike that began last Thursday when metro employees called for a 12.2 percent salary increase ahead of the tournament. On Sunday, the subway workers’ union voted to continue the strike indefinitely, which will inevitably affect transportation to the Arena Corinthians stadium 12 miles east of central São Paulo. A São Paulo labor court has fined the union $175,000 and said it will add $220,000 per day that the work stoppage continues.

Colombian Runoff Elections:  Colombian voters will return to the polls on Sunday to choose between current President Juan Manuel Santos of the Partido de la U and challenger Óscar Iván Zuluaga of the Centro Democrático in what is expected to be a very tight race for president. The Fuerzas Armadas Revolucionarias de Colombia (Revolutionary Armed Forces of Colombia—FARC), who have agreed on three points of a six point peace agenda with the Colombian government in Havana, announced a three-week ceasefire from June 9 to June 30 in recognition of the June 15 runoff election. The government and the FARC recently announced the creation of a truth commission to investigate the deaths of the estimated 220,000 people killed in the country’s 50 year-old internal conflict.

Venezuelan Opposition Calls for Release of Leopoldo López: Members of the Venezuelan opposition protested in Caracas on Sunday to call for the release of opposition leader Leopoldo López, who has been imprisoned since February 18—and are also demanding new presidential elections as soon as possible.  López was formally charged in April by Attorney General Luisa Ortega Díaz of damaging property, arson and instigating violence in the February 12 protests that set off a wave of anti-government demonstrations across the country.  Those charges were upheld last week by Judge Adriana López, who concluded that López must remain in custody. At least 42 people have died in protest-related violence.

Enrique Peña Nieto Defends Mexico’s Reforms:  In a speech delivered at a meeting of business and political leaders in Madrid, Mexican President Enrique Peña Nieto defended the political and economic reforms he has passed during his time in office. In the conversation, the president signaled that the introduction of foreign capital into the energy sector would make Pemex a “productive industry of the state,” rather than just an “industry of the state.” He added that Mexico is attempting to deepen its relationship with its Latin American neighbors, citing Mexico’s participation in the Pacific Alliance alongside Chile, Colombia and Peru. Enrique Ochoa Reza, head of Mexico’s Comisión Federal de Electricidad (Federal Commission of Electricity—CFE), and Spanish energy company Iberdola also signed a collaborative agreement.

Argentine Vice President Boudou Appears in Court: Argentine Vice President Amado Boudou is expected to testify on Monday in a criminal corruption probe for his possible involvement in a corruption and influence-peddling scandal. Boudou is accused of using his position as economic minister of Argentina to illegally lift bankruptcy proceedings against the Ciccone Calcografica printing company in return for 70 percent ownership of the firm in 2010. Boudou will appear before prosecutor and federal judge Ariel Lijo in a closed court session. Bodou denies any wrongdoing and asked that Monday’s court session be broadcast before the Argentine public—but that request was denied.

Read more AQ coverage of the 2014 World Cup.

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