One of the best times to invest in Latin America has been over the last few short years following the 2008 financial crisis. Investments in countries like Brazil and Mexico are at some of their highest rates in modern history. Despite this growth trend, some old investment problems still exist, combined with a new investment […]
Brazil’s economy has slowed over the last year, but Brazil is still one of the strongest BRICS nations and is still considered in a virtual boom phase by many investors, even if the numbers do not accord with the zeal many have for a growing Brazil. One of the main goals of many BRICS nations […]
Argentina’s economy is on pace for five percent growth in 2013, and the country’s stock market is trading near all-time highs. What happened to the economic basket case that is inching toward sovereign default? It’s still there, but as I argue in a recent piece for Nearshore Americas, a number of factors have converged to […]
Comparison to Turkey is a bit of stretch: to the extent that the protestors in Brazil have expressed clear objectives, the authoritarianism of their president isn’t one of them. More importantly, the regional context is different. When it comes to Turkey there is at least some reason to associate protests with the Arab Spring, a […]
After mostly sidestepping the global financial crisis in 2008, many in Latin America welcomed the 2010s as “Latin America’s decade.” But it’s been quick to fizzle out. Now, with the World Bank and IMF projecting ho-hum growth over the near future, come the excuses. Brazil stood first in line for comeuppance. Since 2011, the economy […]
Porteños (Argentines from the capital city Buenos Aires) will get quite a self-esteem boost today, March 19 when the Vatican inaugurates Argentine Cardinal Jorge Mario Bergoglio as the new pontiff of the Roman Catholic Church. There has been no news in Buenos Aires for the last five days that has not focused on the Pope. […]
Jorge Mario Bergoglio became the first Pope from outside of Europe for nearly a millennium, reflecting the reality of a church that has the majority of its followers in Latin America and the strong connection with society and social justice that churches have had in the developing world. Pope Francis I is a native of […]
In late 2012, vulture funds came to light with the bold seizure of an Argentine naval vessel, the ARA Libertad, in the Ghana port city of Tema. After two-and-a-half months under the control of the U.S.-based vulture fund NML capital — run by billionaire Paul Singer — the International Tribunal for the Law of the Sea in […]
Among the more important questions to surface in the wake of Hugo Chávez’s death on March 5: Will chavismo survive? The answer, usually given in the affirmative, frequently invokes a previous era of Latin American history. For example, a column on the London Review of Book’s website, “Chavez Hasta Siempre,” draws a parallel to Che […]
Argenzuela — an invented word that has been on the minds and lips of Argentines for the past year; the jokes that Argentina is following an eerily similar path to that of Hugo Chavez’ Venezuela are no longer funny. The fact that the man who almost single-handedly has destroyed the former economic juggernaut of Venezuela […]
Last week, a U.N. tribunal ordered the release of an Argentine frigate docked in Ghana since October, when a group of hedge funds succeeded in getting a local court to hold the ship as collateral until the Argentine government made good on a $20 million bond. The bond, in turn, is just a sliver of […]
In the films Taken and Taken 2, Liam Neeson plays a father who tracks down his daughter after a group that seeks to sell her into sex slavery kidnaps her. While this is not a common occurrence for young American students in Paris, it is a major problem in many countries. Often places like Paris, […]
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