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Why U.S. Tax Reform Threatens Mexico’s Financial Future
While tweets and speeches may continue to cause consternation in Mexico and Canada, the existential threat to NAFTA seems to have passed. President Donald Trump is now talking about giving “renegotiation a good, strong shot” rather than rescinding the free trade agreement entirely. On the docket will be intellectual property, labor rights, e-commerce, rules of … Read more
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Does AMLO Have a Venezuela Problem?
This story has been updated, and a correction has been appended below. Attack ads comparing Andrés Manuel López Obrador to the late Hugo Chávez helped sink his first bid for the Mexican presidency over a decade ago. Now, with 14 months to go until the 2018 presidential election, he is once again the front-runner and … Read more
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Amid Growing Violence, Brazil Is Weakening Indigenous Rights
Brazil has some of the world’s strongest protections for indigenous rights – on paper. In reality, dozens of indigenous people are killed each year in conflicts over land and resources. Brazil is the most dangerous country in the world for environmental defenders. Even as this violence escalates, the current government is working to weaken these … Read more
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We Need to Talk About Lula
He is – still – the most popular president in Brazil’s history. He is as responsible as anyone for its worst recession on record. He is facing numerous corruption-related charges that could imprison him for the rest of his life. He is leading in the polls to be elected president again in 2018 – and … Read more
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Investment Funds See Promise in Latin America
The launch of two Latin America-focused investment funds less than 48 hours apart — Rokk3r Labs’ Rokk3r Fuel and 500 Startups’ Luchadores II — in March made clear that a recent boom in investment in the region is not a passing trend, but robust growth built on a solid base. Last year, the number of … Read more
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Bolivia: No Easy Way Forward, With or Without Morales
Bolivia’s President Evo Morales has long been seen as a benign (and, ultimately, successful) version of Latin American left-wing leadership. Questionable international partnerships and controversial nationalizations aside, Morales’ prudent macroeconomic management has helped Bolivia’s economy outperform many of its neighbors over the past 12 years of his administration. But with presidential elections scheduled for 2019 … Read more
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Women Are Changing the Face of Tech in Brazil
Camila Achutti grew up fascinated by code. Her father was a programmer and as a kid she’d listen intently as he dictated lines of COBOL, an English-like programming language, by phone. “It was this language that only select people spoke,” says the 25-year-old tech entrepreneur from São Paulo. “I wanted to be part of that … Read more
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First Aid on Venezuela’s Front Lines
Violent clashes between Venezuelan protesters and government forces wielding tear gas, rubber bullets, water cannons and tanks have killed at least 29 people since April 1 and left many more injured – including members of the security forces. As marches continue this week, this grim tally is expected to climb. Hoping to mitigate risk and … Read more
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What Puerto Rico Really Needs
This story has been updated Beyond Puerto Rico’s undefeated march to the World Baseball Classic final, it seems the island can’t catch a break. First, ongoing mediated talks between its government and debtors over how to restructure its $70 billion debt before a key May 1 deadline aren’t going well, although failure would expose Puerto … Read more
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Can’t We Give Venezuela’s Opposition a Little Credit?
Venezuela’s opposition is perhaps one of Latin America’s most criticized political forces. Even within the opposition itself, critics abound. Every opposition voter I meet has a long list of complaints about the Democratic Unity Roundtable (MUD, in Spanish), the grand coalition of parties that since 2008 has led the opposition to Chavismo and now President … Read more
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Why Brazilian Politics Needs a Radical Makeover
Brazil is one of the top 10 economies globally, but it fails to meet too many of its population’s basic needs. It is one of the OECD countries with the highest public spending on education – yet Brazilian students perform worse on international tests than those in other OECD countries. Half of all Brazilians still lack access to basic sanitation and 35 million lack … Read more
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Caribbean Housing Is Expensive and Scarce. Here’s How to Change That.
The Caribbean is caught in a housing trap. The cost of living is high: building a house in Kingston is three times more expensive than in a typical Latin American city. This has left ten million people in The Bahamas, Barbados, Cuba, Dominican Republic, Guyana, Haiti, Jamaica, St. Lucia, Suriname, and Trinidad and Tobago without … Read more
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Why Protesters in Venezuela Should Resist Responding to Violence with Violence
Most Venezuelans taking part in today’s “mother of all marches” against President Nicolás Maduro are planning to do so peacefully. Even the country’s most outspoken opposition leaders are using the language of nonviolent resistance. Not everyone is on board. Government security forces have cracked down violently on dissent; regime-backed paramilitary groups attacked marchers and have … Read more
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“The Maduro Diet”: A Photo Essay from Venezuela
Venezuela’s political and economic crisis has done deep and lasting damage to its population’s health. In the past year, 74.3 percent of the population has lost weight — an average of 8.7 kilograms (19 pounds) per person – because of food scarcity, according to a recent study by three of Caracas’ largest universities (UCAB, USB … Read more
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Brazil’s Foreign Policy Is “Back In the Game”
Latin America faces many challenges to ensure a better life for its citizens. The best tool to tackle such challenges is improving democratic governance, which does not always find fertile ground to thrive. The main obstacle to democratic governance continues to be populist politicians and their shaky commitment to democracy. The making of a democratic … Read more