China Now Fastest Growing Investor in Latin America
Chinese foreign direct investment (FDI) in Latin America is growing faster than any other country according to a report released this week by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). Total investment flows to the region topped $113 billion in 2010—40 percent more than in 2009—with China contributing about 9 … Read more
Ecuador’s May 7 Referendum
This weekend’s referendum (May 7) in Ecuador has been met with general anger over what seems like a transparent power grab by President Rafael Correa. Some questions do address some highly relevant concerns such as restricting the non-financial activities of the banking sector as well as giving authorities the ability to extend imprisonment while awaiting … Read more
India to Expand Trade and Investment Ties to South America
Visiting Latin America this week, India’s Minister of State for Commerce and Industry Jyotiraditya Scindia called for deepening India’s engagement with Latin America. At a meeting with business delegates in Montevideo, Uruguay, on Monday night, Scindia urged “leaders on both sides [to] take steps to expedite completion of the process for expansion of the PTA … Read more
Weekly Roundup from Across the Americas
From the Americas Society/Council of the Americas. AS/COA Online’s news brief examines the major—as well as some of the overlooked—events and stories occurring across the Americas. Check back every Wednesday for the weekly roundup. Sign up to receive the Weekly Roundup via email. Conservatives Trounce Opposition in Canadian Elections Canada’s May 2 elections gave a … Read more
Peru and Ecuador Agree to Maritime Border
South American neighbors Peru and Ecuador signed an historic agreement yesterday, setting the maritime border between both countries after over 120 years in dispute. This new accord supersedes previous maritime treaties between the two countries signed in 1952 and 1954. The agreement, approved by President Alan García and foreign minister José Antonio García Belaunde of … Read more
Argentina Reaches Out to Iran Despite AMIA Charges
The 1992 and 1994 bombings of the Israeli Embassy and the Jewish Community Center (AMIA) killing over 100 people in Buenos Aires remain fresh in the minds of Argentineans. This has been true in part because those responsible for the terrorist acts—including a few Iranian government officials—have not yet been brought to justice and the … Read more
Cubans March in Support of Economic Reforms
Government-controlled media coverage of Sunday’s nationwide May Day celebrations in Cuba this week cites the massive annual demonstrations as clear evidence that ordinary Cubans support the economic changes that were approved during last month’s Communist Party Congress in Havana. The reforms, which include major layoffs of state workers, an expansion of self-employment and a reduction … Read more
Amorim: South American Solidarity is Brazil’s Main Goal
In an exclusive feature in the Spring 2011 issue of Americas Quarterly, released today, former Brazilian Foreign Minister Celso Amorim vigorously upholds Brazil’s foreign policy during ex-President Lula’s administration. In his article, Amorim argues that Brazilian diplomacy during Lula’s presidency, from 2003-2011, was “working to promote South American solidarity and integration,” with an end goal … Read more
Humala Retains Lead in Peru Polling
Peruvian presidential candidate Ollanta Humala would win the second round of voting against opponent Keiko Fujimori if the election were held today. According to a poll conducted by CPI on Thursday, Humala received 52.5 percent of the vote while Fujimori earned 47.5 percent. Polling also shows that Fujimori has wider support in the Peruvian capital … Read more
High turnout in Advance Voting for Canadian General Election
More than 2 million Canadians took advantage of early voting last weekend to cast their votes ahead of the May 2 federal general election—a 34.5 percent increase over the 2008 election. This is Canada’s fourth election in seven years, and turnout was higher than expected amid a general feeling of voter fatigue. In a statement … Read more
Weekly Roundup from Across the Americas
From the Americas Society/Council of the Americas. AS/COA Online’s news brief examines the major—as well as some of the overlooked—events and stories occurring across the Americas. Check back every Wednesday for the weekly roundup. Sign up to receive the Weekly Roundup via email. Humala Pulls ahead of Fujimori in Runoff Race Left-leaning candidate Ollanta Humala … Read more
Martelly’s Online Popularity a Deciding Factor in Haitian Presidential Victory
After his landslide victory in the March 20 presidential runoff, Haitiian President-Elect Michel Martelly joined Ruben Blades (Panama’s minister of tourism from 2004-2009) and Gilberto Gil (various positions including Brazilian minister of culture from 1987-2008) as an artist who has made a successful transition into politics. But his presidential election is also unique for its … Read more
Colorado Rejects In-State Tuition Bill for Undocumented Immigrants
A Democratic proposal in the Colorado state legislature failed to gain approval from the Colorado House Education Committee and was rejected in a 7-6 party-line vote this past Monday. The measure, Senate Bill 126, would have allowed undocumented students in the process of normalizing their immigration status, and other criteria, to pay the lower in-state … Read more
First Lady Declines Presidential Bid
Margarita Cedeño, the first lady of the Dominican Republic, announced yesterday that she will not make a bid for the presidency in the 2012 general election. The news comes just weeks after the ruling Partido de la Liberación Dominicana (PLD) party approved Cedeño’s candidacy in the party’s primary. In a radio and televised message on … Read more
Change is Coming to Peru
Peruvians go to the polls June 5 for the second round of voting to determine their next president. Early handicappers have Ollanta Humala leading Keiko Fujimori and pulling away. Of course, anything can happen, and five weeks is an eternity in politics. Nonetheless, already a debate is raging whether Humala, should he indeed be elected, … Read more