Brazil

City of God, City of Barriers

Some see Rio’s favelas as crime-ridden danger zones. Cavi Borges, a local filmmaker, sees them as dynamic film sets. The movie producer and director hops on the back of a motorcycle taxi at the base of the Vidigal favela—a shantytown snaking up Morro Dois Irmãos in Rio de Janeiro—and zips through a series of alleyways … Read more

Monday Memo: Honduran Elections – Santos in the U.S. – Petroleum in Ecuador – Peña Nieto – São Paulo Fire

Likely top stories this week: Xiomara Castro leads her supporters in protest against last Sunday’s election results; Juan Manuel Santos visits the United States; petroleum exploitation moves ahead in Ecuador; Mexicans protest as President Peña Nieto completes his first year in office; a fire engulfs the Latin America Memorial in São Paulo. Honduran Election Result … Read more

U.S. Secretary of State Declares, “The Monroe Doctrine is Dead”

U.S. Secretary of State John Kerry announced this Monday that the Monroe Doctrine—a policy that has defined U.S.-Latin American relations for nearly two centuries—has come to an end. During his speech at the Organization of American States (OAS), Kerry emphasized that the era of U.S. interventionism in the region was a matter of the past, … Read more

Monday Memo: Presidential Powers in Venezuela – U.S. oil in Latin America — Bachelet leads first round – Mensalão corruption charges – Cristina Fernández de Kirchner

Likely top stories this week: Venezuela’s National Assembly is increasing presidential powers for President Nicolás Maduro; Demand for U.S. oil grows in Latin America; Michelle Bachelet enters second round of presidential elections in Chile; Arrest warrants are issued for bankers and politicians involved in Brazil’s biggest corruption trial; Cristina Fernández de Kirchner returns to office. … Read more

Who Doesn’t Spy?

“Nations be spyin’, yo!” That’s how Jon Stewart of The Daily Show recently summed up the ongoing-and-ever-expanding allegations that the U.S. National Security Agency spied on Brazil and other nations, a story to which Wikipedia now devotes more than 33,000 words and nearly 600 source references. “All nations act in their own self-interest,” Stewart said on … Read more

Rio Soccer Convention Cancelled Amid Fears of Unrest

The Rio de Janeiro state government announced on Tuesday night that it would cancel this year’s Soccerex Global Convention, the premier business event for the international soccer community, citing a financial dispute over the use of public funds. But Soccerex CEO Duncan Revie rebuffed the government’s claim, saying instead that “ongoing civil unrest” in Rio … Read more

Monday Memo: Brazil’s Economy – Argentine Debt – Tropical Storm Sonia – Honduran Police Abuses – Uruguayan Marijuana

Likely top stories this week: Brazil will reduce lending by 20 percent next year; Argentina wins a stay on its $1.33 billion payment; Tropical Storm Sonia Hits Mexico; Honduras’ police chief denies abuses; Brazilian delegation opposes Uruguayan marijuana legalization. Brazil to Reduce Lending Due to Budget Deficit: Brazilian Finance Minister Guido Mantega said Friday that … Read more

Monday Memo: Argentine Midterms – UN Anti-Spying Measure – U.S. Immigration – Paraguay and Mercosur – FARC Releases Captive

Likely top stories this week: Argentine opposition gains influence in midterms; Brazil and Germany lead a UN anti-spying initiative; lobbyists push for U.S. immigration reform; Paraguay to represent Mercosur in negotiations with EU; hostage Kevin Scott Sutay is released by the FARC. Argentines Vote in Midterm Elections: With 72 percent of the votes counted in … Read more

Snubbing the U.S., Brazil Turns its Foreign Policy to the Global South

Brazil’s postponement of its White House state dinner–seen as a long-awaited wedding ceremony for the two countries after a very drawn out courtship–may signal more than just President Rousseff’s anger with revelations that the U.S. National Security Agency (NSA) had been spying on her personal life and Petrobrás, the state oil company. Since the postponement … Read more

Monday Memo: Protesters & Police Clash in Brazil – Train Crashes in Buenos Aires – Hurricane Raymond Nears Mexico – Bachelet Leads Polls in Chile – U.S. Surveillance in Mexico

Likely top stories this week: Protesters clash with Brazilian police forces in Rio de Janeiro; A commuter train crash injures 30 in Buenos Aires; Hurricane Raymond builds strength near Mexico’s Pacific coast; Michele Bachelet leads the polls in next month’s presidential elections in Chile; Newly leaked documents reveal that the U.S. spied on former Mexican … Read more

Is Brazil the New Regional Champion of Democracy?

Addressing the United Nations General Assembly in September 2010, U.S. President Barack Obama appealed to rising democracies around the world to help spread the democratic message, declaring that “we need your voices to speak out,” and reminding them that “part of the price of our own freedom is standing up for the freedom of others.”1 … Read more

Capital Controls:Investment Flows in Latin America

Capital control policies in emerging market (EM) economies have fluctuated for the past two decades as markets have responded to changing global dynamics. This continues to be the case in 2013. The term capital controls refers to a wide array of tools policymakers use to limit the flow of capital in and out of their … Read more

Prost, Brazil!

Grab a stein-full of caipirinha and stroll down to Ipanema beach in your lederhosen—it’s Germany-Brazil Year in Brazil. The yearlong festival, aimed at deepening German-Brazilian relations, kicked off in May with the opening of the German-Brazilian Economic Forum in São Paulo. “Brazil is one of the most successful new centers of power in the world,” … Read more

Impunity & the Multiple Facets of Violence in Brazil

In June and August of this year, millions of Brazilians took to the streets in 120 cities across the country to protest public transportation fare hikes, political corruption and excessive public spending on the 2014 World Cup and the 2016 Summer Olympics. Dozens of these demonstrations ended in confrontations between police and protesters. Over the … Read more