Inflation in Brazil
In March, inflation in Brazil surpassed the government’s target ceiling for the first time since 2011 as the country’s IPCA consumer price index, which is produced by the Instituto Brasileiro de Geografia e Estatistica, rose 6.59 percent over 12 months—just above the target of 6.5 percent. The impact on the economy was felt quickly by … Read more
Monday Memo: Rios Montt – Venezuela’s Military – Panama’s Electricity – World Cup – China’s Vice President
Top stories this week are likely to include: Rios Montt convicted of genocide; Venezuelan military to fight insecurity; Panama announces continued electricity rationing; FIFA expresses concerns over Brazil’s World Cup stadium; and China’s vice president travels to Venezuela. Rios Montt found guilty: On Friday, a three-judge tribunal sentenced the 86-year-old former dictator of Guatemala, Efrain … Read more
Brazil’s Regional Realpolitik
It’s not hard to imagine what was behind Brazilian Foreign Minister Antonio Patriota’s announcement yesterday that Brazil will hire 6,000 Cuban doctors to work in rural parts of Brazil. As the situation in Venezuela continues to teeter in uncertainty, the Brazilian government has thrown the Cuban government another lifeline. Doing so provides a cushion for … Read more
Monday Memo: Colombian Peace Negotiations – Venezuela’s Audit – Alabama Immigration Law – Honduran Police – Maracanã
Top stories this week are likely to include: Colombian civil society holds forum on political participation; Venezuela’s election audit begins on May 6; the U.S. Supreme Court upholds a lower court’s immigration ruling; Honduran police officials resign in the midst of a police crisis; and Brazil’s Maracanã stadium reopens after three years. Colombian Civil Society … Read more
Foreign Investment in Brazil’s Oil and Gas Sector
With urbanization and population growth trending upward, Brazil has increased its demand for energy, especially in the areas of oil, natural gas and electricity. On the supply side, oil and gas production has increased and there have been several well-publicized, large deepwater finds that have generated much excitement. These include the pre-salt reserves off the … Read more
Bolivia Takes Chile to International Court of Justice over Land Dispute
On Wednesday, the Bolivian government filed a formal law suit against Chile in the International Court of Justice (ICJ) in the Hague to recover territory and access to the Pacific Ocean it lost during the 19th century War of the Pacific. Bolivia has been landlocked since 1904, when Bolivia and Chile signed the Treaty of … Read more
Brazil’s Second-Best Financial Strategy
In November 2009, the cover of The Economist showed the iconic Christ statue overlooking Rio de Janeiro blasting off into outer space. This image, along with the cover headline, “Brazil Takes Off,” represented the Carnaval-like euphoria about Brazil that infected journalists and financial markets at the time, buoyed by the country’s impressive economic performance in … Read more
The NRA’s Hemispheric Reach
With gun violence once again at the top of the U.S. political agenda, the rest of the world waits anxiously for signs that Washington can move beyond the polarizing national debate over gun control and develop even modest improvements to firearms legislation. The issue is particularly sensitive in the Americas, where the trafficking of American … Read more
Monday Memo: Paraguayan Elections – Ríos Montt Trial – Argentine Protests – Guantánamo Hunger Strike – Venezuela
Top stories this week are likely to include: Horacio Cartes will be Paraguay’s new president; Guatemala’s Constitutional Court will decide whether Efraín Ríos Montt’s genocide trial can continue; Argentines protested Cristina Fernández de Kirchner’s government; Guantánamo prisoners’ hunger strike grows; the Venezuelan election audit process will take a month. Horacio Cartes Wins Presidential Election in … Read more
Crime Control Along the Brazilian Border
In an incident that may have escaped notice internationally, three taxi drivers were shot to death recently in Santana do Livramento, a small Brazilian town on the border with Rivera, Uruguay. The incident deeply frightened many in the region and drew heightened attention when, just 48 hours later, three more drivers were shot in Porto … Read more
Paraguay to Elect a New President on Sunday
Paraguayans head to the polls this Sunday to elect their next president amid a tightening in the race between the two main candidates, Horacio Cartes of the Partido Colorado (The Colorado Party–PC) and Efraín Alegre of the Partido Liberal Radical Auténtico (The Liberal Party—PLRA). Cartes leads Alegre by nearly six percentage points (37.6 percent support … Read more
Monday Memo: Venezuela Elections – Immigration Reform – Guantánamo – Mexican Education Reform – Michelle Bachelet
Top stories this week are likely to include: Maduro narrowly wins Venezuela elections; U.S. Senators to release immigration legislation; Guantánamo prison standoff escalates; Mexican teachers plan more protests this week; Chile’s Michelle Bachelet begins her campaign. Venezuela elections: Venezuelan voters narrowly elected Nicolás Maduro as president on Sunday in a highly contested election in which … Read more
Chilean Congress Begins Debate on Legally Recognizing Same-Sex Couples
Chile’s congress took a first step toward legislating rights for same-sex couples on April 10. If passed, President Sebastián Piñera’s Acuerdo de Vida Común (Life Partner Agreement—AVP) would allow same-sex couples to register their partnerships with notaries, granting them many of the same legal rights as married couples, such as shared health benefits, pensions and inheritances. The legislation stops short of permitting gay marriage, explicitly reserving that for … Read more
Monday Memo: U.S. Immigration – Mensalão Scandal – Pablo Neruda – Venezuelan Elections – Colombia Peace Talks
Top stories this week are likely to include: U.S. Senators hope to introduce immigration reform bill this week; the Brazilian Federal Police will investigate whether Lula had a role in the mensalão scandal; Pablo Neruda’s body will be examined for signs of poisoning; Venezuela’s opposition rallies in Caracas; and the FARC bring extra peace negotiators … Read more
Bachelet Chooses Campaign Team
Yesterday, former Chilean President Michelle Bachelet announced the names of her campaign team for the upcoming presidential elections on November 17. Among them are Rodrigo Peñailillo, Bachelet’s former chief of staff that will assume the role of executive secretary; Alvaro Elizalde, who will resign as the general secretary of the Partido Socialista (The Socialist Party … Read more
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