Southern Cone & Brazil Archives - Page 89 of 90

Romney’s Latin American Trade Plan: The Devil is in the Details

During the last presidential debate, Mitt Romney put the spotlight on an aspect of his five-point economic plan that has received little scrutiny. Romney said forging trade deals with Latin American nations would be a cornerstone of his plan to revitalize the U.S. economy. “The opportunities for us in Latin America we have just not … Read more

Elections in Chile: An Outlook from Santiago

As Chileans wake up tomorrow for municipal elections throughout the country, Chilean President Sebastián Piñera has urged his citizens to investigate their local candidates online before arriving to the polling stations. If his advice is heeded, it may well be a first in a day of many firsts. Given that a center-right government is in … Read more

Argentine Government gives Clarín Deadline to Divest Holdings

The Argentine government said Wednesday that it would move to break up Grupo Clarín, the country’s largest media conglomerate, by December 7 if it does not comply with a 2009 anti-monopoly law requiring large media groups to divest some of their holdings. Martín Sabbatella, the president of the Autoridad Federal de Servicios de Comunicación Audiovisual … Read more

Chile’s Lithium Reserves: The Nationalization-Privatization Battle

Chile has embraced extractive industries as a tool for sustained economic growth, but this relationship does not come without controversy. At the beginning of this month, only one week after the government had announced the winner of its lithium contract, the concession had been scrapped and Sub-Secretary of Mining Pablo Wagner had resigned. Chile is … Read more

Argentina Lowers the Voting Age to 16

The Argentine Senate overwhelmingly passed a bill late Wednesday night that lowers Argentina’s national voting age from 18 to 16 years old. With 52 votes in favor of the bill—and just 3 senators opposing the measure and two abstentions— Argentina joins Austria, Nicaragua, Brazil, and Ecuador in allowing 16-year-olds to participate in elections. At least … Read more

A Trade War of Words between Brazil and the U.S.

Protectionism made news again in Brazil recently, when Finance Minister Guido Mantega announced that Brazilian firms could avoid a 30 percent tax increase on the auto industry by improving fuel efficiency, using Brazilian-made parts and investing in Brazilian research and development. Foreign automakers without a manufacturing plant in Brazil will be subject to the tax … Read more

Lula’s Former Chief of Staff Found Guilty in [i]Mensalão[/i] Scandal

A majority of Brazilian Supreme Court justices found the former chief of staff of former Brazilian President Luiz Inácio Lula da Silva guilty of “active corruption” on Tuesday and Wednesday, casting a shadow on the legacy of the popular former president. Speaking on Tuesday, six of eight justices found José Dirceu guilty of involvement in … Read more

Brazil’s Municipal Elections Yield Mixed Results for the Ruling PT

As part of its quadrennial electoral process, Brazil held simultaneous local elections on Sunday in over 5,560 municipalities. In all, roughly 140 million votes were cast—normal turnout, since voting is mandatory in Brazil. Voters chose from among nearly 480,000 candidates to determine the mayors (prefeitos), deputy mayors (vice-prefeitos) and local councils (vereadores) across the country. … Read more

ECLAC Releases 2012 Economic Survey

Latin America and the Caribbean’s regional economy will grow by 3.2 percent over the rest of 2012 and will improve to 4.0 percent growth in 2013, according to the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). The 2012 Economic Survey of Latin America and the Caribbean, which forecasts macroeconomic conditions in … Read more

Monday Memo: AQ’s Top Expected Stories for the Week of October 1

Top stories this week are likely to include: the Venezuelan presidential campaigns head into their final stretch; Colombia-FARC talks to begin; South America holds a summit with Arab nations; protests against Michel Martelly in Haiti; and Brazil votes on Sunday in municipal elections. Venezuela Votes for President: A tight presidential contest comes to a close … Read more

2016 Olympics Central to Rio de Janeiro’s Mayoral Race

When campaign season in Rio de Janeiro officially started on July 6, Rio’s incumbent mayor, Eduardo Paes, looked like a shoo-in. Touting the “Olympic City,” he has campaigned on the idea that Rio’s upcoming mega events—including the 2014 World Cup and 2016 Summer Olympics—will contribute to a boom for a city that is thriving after … Read more

Argentina Reacts to IMF Warning

In a speech during the United Nations General Assembly in New York, Argentine President Cristina Fernández de Kirchner replied to the IMF’s warning of sanctions by rejecting its claims that the country is going through a rough economic situation. International Monetary Fund Managing Director Christine Lagarde warned Argentina during a conference at the Peterson Institute … Read more