Exactly one week after an American delegation spearheaded by Kenneth Merten, U.S. ambassador to Haiti, met Haitian political actors in Petionville, news of a nomination invaded the Haitian airways. Leaders, the media and sources close to the president sang in unison: the designation of a third prime minister would, over the labor day weekend, escape […]
Sandwiched between pages 78 and 79 of the current volume of Foreign Affairs is a sponsored essay on Brazilian President Dilma Rousseff. At the bottom of the article are pics of two business leaders and one high-profile minister, Wagner Rossi. Mr. Rossi was Brazil’s minister of agriculture, at least until last month. He became the […]
U.S. ambassador to Haiti Kenneth Merten American diplomats, under the leadership of U.S. Ambassador to Haiti Kenneth Merten, met the 16-member senate majority on Wednesday Aug. 24, 2011 in an attempt to break through the political stalemate depriving the country of a government, thus bringing major reconstruction efforts to a screeching halt. More than 100 […]
Mexican commandos are organizing raids against drug cartels from U.S. territory, according to Obama administration officials. These so-called boomerang operations allow the Mexicans to plan operations with the DEA, and may allow the Mexicans access to advanced U.S. equipment. Crucially, the operations also skirt venal state and local police in northern Mexico—thought to be lookouts […]
This week Canadians of all political views are mourning the death of New Democratic Party leader Jack Layton. Mr. Layton ran a historic campaign only a few short months ago, bringing the Orange of the NDP party and support for social democratic values into every region of the country. Mr. Layton did not only get […]
Author’s Note: Ruchir Sharma, head of emerging markets at Morgan Stanley, recently penned a piece in TIME asserting that Brazil is “the un-China.” That comparison inspired this post. Mexico Today, a public-private enterprise of which I am a paid contributor, provided some data. Mexico’s technocrats have been seething at comparisons with Brazil for years. Who […]
“One of the biggest problems in growing the Haitian economy is that there is really no facility that grants small business loans on reasonable terms,” said former U.S. President Bill Clinton at the launch of a new business loan program in Haiti. The entrepreneurial communities applauded the initiative that will not only help strengthen the […]
Barely a week after the Senate rejected former Justice Minister Bernard Honorat Gousse, President Michel Martelly’s second designated Prime Minister, an unsightly, distasteful aspect of Haitian history charged to the headlines and revealed the real incurable disease decaying the country’s progress. As political stagnation strangled the starved nation, some legislators dove head first into race […]
Scarcely a month ago, market analysts were calling for Latin America’s central banks to hike interest rates. But on the heels of weak US quarterly GDP numbers and signs that the EU debt crisis may envelop Spain and Italy, market analysts are now forecasting lending rate cuts for Latin America’s two largest economies. The yield […]
While the markets continue to create waves of pressure on the US and Europe and investors worldwide, America’s downgrade due to political infighting within the United States was met with a confirmed Triple A rating for it’s neighbor, Canada. Canada is not immune to partisan politics, but in the last election a few months back, […]
Controversial Procedures Please read part one first The Commission’s report indicated controversies existed around the last criteria. Rather than the parliament, ex-Prime Minister Gerard Latortue, of the provisional government that replaced ex-President Jean-Bertrand Aristide’s administration after his forced exile in February 2004, relieved Gousse of his duties as Justice Minister. According to the report, Former […]
Yesterday’s 5.6 percent drop in the Dow reverberated through Latin America’s major stock exchanges. Argentina’s stock market took the worst hit, losing almost 11 percent of its value. Brazil’s Bovespa declined more than 8 percent; Chile and Peru’s markets each lost 7 percent. Mexico’s stock market, the Bolsa, withstood the sell-off better than the other […]
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