Politics, Business & Culture in the Americas

Monday Memo: Venezuela in the UN – Brazilian Stalemate – U.S. Deportation – Santander – Ecuadorian protests



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This week’s likely top stories: Venezuela is expected to win a seat on the UN Security Council; Brazilian President Rousseff and Marina Silva are tied in a new poll; U.S. deportations are at their lowest level since 2007; Santander’s new chairwoman will maintain the bank’s current strategy; Ecuadorian President Correa asks supporters to mobilize against anticipated protests.

Venezuela likely to earn seat on UN Security Council despite critics: As the 69th Session of the UN General Assembly opens in New York this week, Venezuela is poised to gain a long-awaited seat on the UN Security Council. At a meeting in July, Venezuela obtained unanimous regional support for its candidacy to represent Latin America. While the country still has to gain a two-thirds majority in a secret vote among all 193 UN member countries, there is no rival candidate in the region and Venezuela is likely to win. Critics of Venezuelan President Nicolás Maduro are concerned about his impact on the Security Council, given the current human rights allegations against his administration. When Venezuela tried to gain a seat in 2006, the U.S. successfully blocked the attempt, claiming that Venezuela would be a “disruptive” influence. U.S. President Barack Obama will preside over a UN Security Council summit the week of September 22.

President Rousseff and Marina Silva tied in recent poll: Brazilian President Dilma Rousseff and her chief political challenger, Marina Silva, are now statistically tied in the polls as Brazil’s October 5 presidential elections approach, according to a poll released Friday by the Instituto Brasileiro de Opinião Pública e Estatística (Brazilian Institute of Public Opinion and Statistics—Ibope). The poll indicates that in a run-off vote, Silva would receive 43 percent of the vote while Rousseff would take 42 percent—a much closer race than the previous nine-point gap that put Silva in the lead. In the likely event that no single candidate wins a majority of votes on October 5, a run-off election will take place on October 26.

U.S. Deportations at lowest level since 2007: U.S. immigration and Customs Enforcement (ICE) officials reported that ICE deported 258,608 immigrants between October 1, 2013 and July 28, 2014—the lowest level reported for that 10-month period since 2007, and the greatest decline in deportations since President Barack Obama has been in office. Last year, 320,167 people were deported from the United States during the same period. More than 2 million immigrants have been deported during the Obama administration, but a White House spokesman said that the president’s decision to shift resources to the border to deal with an influx of unaccompanied minors from Central America may be one reason for the recent decline in deportations.

Santander’s new chairwoman says bank will stick to strategy: After the death of former Santander chairman Emilio Botín, newly-appointed chairwoman Ana Botín said on Monday that she would continue her late father’s strategy to increase international diversification and maintain the bank’s generous dividend policy with shareholders. On Monday, shareholders also agreed to buy 25 percent of the bank’s Brazilian unit, Santander Brasil, for $6 billion. The bank has major operations in ten countries, including Brazil, Mexico and Argentina, and reported a 22 percent increase in profits in the first half of 2014.

Correa calls on supporters for impending protests: Ecuadorian President Rafael Correa on Saturday asked supporters to rally against expected workers’ protests against his government this coming week. Ecuadorian workers’ organizations are planning a Jornada Nacional de Movilización (National Mobilization) on Wednesday to mobilize for labor rights and to call for reforms to the country’s penal code, water policies, and education system, among other concerns. “If there are 3,000 of them on Wednesday, there will be 30,000 of us,” Correa said.



Tags: Brazil elections 2014, President Correa, President Maduro, UN Security Council
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