Barrick Halts Production At Mine on Argentina-Chile Border
Barrick Gold Corporation, a Canadian mining company and the world’s largest gold producer, announced Thursday that it has temporarily halted operations at its Pascua-Lama gold mine in the Andean border region between Argentina and Chile. Production was scheduled to begin by early 2014, but environmental regulations, depreciating gold prices and declining company profits led to … Read more
Peronism Divided: Argentina’s 2013 Midterm Elections
Voters in Argentina’s October 27 midterm elections delivered a clear message to the country’s politicians on Sunday: they are ready for change. The incumbent, Peronist-affiliated Frente Para La Victoria (Front for Victory—FPV), led by President Cristina Fernández de Kirchner, suffered key losses as the country voted on available seats in one-third of the Senate and … Read more
Argentine Court Rules against Clarín Group
Clarín Group, Argentina’s largest media conglomerate, will have to sell off part of its holdings due to a Supreme Court ruling handed down on Tuesday. The high court declared constitutional the four articles of the Ley de Medios (Media Law), Argentina’s anti-monopoly broadcast law that congress passed four years ago but has stalled in the … 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
Politics Innovator: María Rachid, Argentina
María Rachid never wanted to become a politician. But she is responsible for some of the most important human rights bills in Argentina’s recent history, including the 2010 Marriage Equality Law, which legalized same-sex marriage, and the 2012 Gender Identity Law, which allows transgender people to change gender identity on official documents without prior approval. … 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
Missed Opportunity?
For the past five years, Argentina’s current government and the Clarín Group, the country’s principal media conglomerate, have been on a collision course. President Cristina Fernández de Kirchner has denounced the group on national TV for having once been “partners” with the military dictatorship and accused its executives of plotting against her. Meanwhile, Clarín, the … 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
Panorama
Stay up-to-date with the latest trends and events from around the hemisphere with AQ‘s Panorama. Each issue, AQ packs its bags and offers readers travel tips on a new Americas destination.
Latin America’s New Friend, Janet Yellen
Janet Yellen, nominated by President Obama last week to be the new chairwoman of the U.S. Federal Reserve, might not know it yet, but she has friends in high places in Latin America. This is because many in the region rightly believe that Yellen’s forecasted doveishness will give Latin America time to make the necessary … Read more
Rio’s Maracanã Stadium Reopens to Tourists
The Estádio Jornalista Mário Filho in Rio de Janeiro—better known as the Maracanã—reopens its doors to tourists today, almost three years after it was closed for renovations. Visitors can now take a guided tour of the historic stadium where nearly 200,000 people watched Uruguay beat Brazil in the 1950 World Cup Final—the largest crowd ever … Read more