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gtgomes17

Latin America and the Caribbean - 4 views

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    Illustrating how the Bank's role in Latin America and the Caribbean has evolved in recent decades, countries in the region now turn increasingly to the institution for more than direct lending, including such services as risk insurance, commodity swaps, and climate adaptation finance.
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    From my last visit to Brazil, and what I heard from my family there, I can definitely see how the economy is shutting down. Reais are valued less than a dollar, so you can't get much with them. I am really hoping that, with help from the world bank, the Latin American economies are doing better.
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    The region is doing worse. "Latin America and the Caribbean finds itself in the fifth year of an economic slowdown and the second consecutive year of GDP contraction. Worsening external conditions coupled with domestic challenges have reduced expectations for regional growth to -0.7 percent in 2015, with economic activity projected to drop to -1.3 percent in 2016." But also, Mexico and the Caribbean are experiencing 2% growth, while South America is declining 1.7% or more. Why?
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    I think it is because (and this is just a theory, I do not know for certain) Mexico and the Caribbean have a direct relationship with the USA, which gives them extra economical assistance outside the World Bank.
Kay Bradley

History of U.S. Interventions in Latin America; Review - IWN - 0 views

  • Cost
  • In this year (just as an example), U.S. investments in Latin America earn $1.3 billion; while new investments total $302 million.
  • U.S.-supported military coup kills Allende and brings Augusto Pinochet Ugarte to power.
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  • terminates civil liberties, abolishes unions, extends the work week to 48 hours, and reverses Allende’s land reforms.
  • Carter cuts off aid to the Guatemalan military (or tries to; some slips through) and reduces aid to El Salvador.
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    "Cost"
Kay Bradley

UPRISING IN VENEZUELA: THE GOVERNMENT; VENEZUELA'S CHIEF FORCED TO RESIGN; CIVILIAN INS... - 0 views

  • Officials portrayed the ouster as a victory for democracy, even though Mr. Chávez was a legitimately elected president.
  • However, Latin American leaders at a summit meeting in Costa Rica criticized Mr. Chávez's ouster as an ''interruption of the constitutional order.''
  • Mr. Chávez presided over a stormy era when he seized control of the legislature, confronted the old-line political elite and steered the country into an alliance with Cuba.
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  • Mr. Chávez had ''presented his resignation.'' He spoke flanked by military officers who had rebelled against Mr. Chávez on Thursday night, the third day of a general strike called by his opponents.
  • opponents of the government took to the streets in the early morning hours, honking horns and waving the gold, blue and red of the Venezuelan flag. El Universal, a leading newspaper here, hailed the end with these words, ''It's over!''The interim government quickly moved to undo Mr. Chavez's policies, dissolving the National Assembly controlled by his supporters, firing members of the Supreme Court and changing the country's official name back to the Republic of Venezuela.
  • the huge state-owned oil company, which exports most of its oil to the United States.
  • Cuba called the change-over a coup and urged other countries to distance themselves from the new government. President Fidel Castro and Mr. Chávez had formed a close friendship.
  • American officials praised the Venezuelan military and the police for defying Mr. Chávez,
  • ''The goal for his successors is to effectively tackle the pressing socio-economic issues that brought Chávez to power with so much popular support,'' said Russell Crandall, a Latin America specialist at Davidson College in North Carolina. ''Chávez was right about the problems he saw in Venezuela. He was wrong about the solutions and the Venezuelan people made that very clear.''
threelijah

Scandal Over Brazilian Oil Company Adds Turmoil to the Presidential Race - 1 views

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    I think that is important to look at news from all over the world, and we have not been looking at latin america hardly at all in class. This article provides a snippet of what is going on in Brazil with corruption, and the article also gives a peek into the world of oil outside of the middle east.
nicksandford

Indigenous rights take center stage in Chile's new constitution – People's W... - 0 views

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    A referendum in Chile just rejected a draft of a new Constitution pushed by the new Chilean President Gabriel Boric and his extremely progressive coalition that would have replaced Augusto Pinochet's Constitution. The Constitution included the right to public health care, abortion, free speech, clean air and water, it would have given the federal government greater control over the Chilean economy, and would have officially recognized the sovereignty of Indigenous groups across the country, making it the third plurinational nation in South America. However, 61% of Chileans opposed the new Constitution, and a new assembly will have to be elected to redraft it. This rejection is interesting; does it highlight the overall mood in Latin American politics right now? Is this a rejection of liberal policies? What will the next few months have in store for Chile; bureaucratic breakdown, or unity around a new Constitution?
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    Really interesting article, Nick! Keep in mind that "liberal" in the international context means low government intervention and capitalism, so the correct way to phrase the question is "Is this a rejection of social democratic policies?" There was a wave of social democracy in Latin America in the 1990s and early 2000s, so I wonder if this is an effort to move that further, an effort which is contested. https://www.americasquarterly.org/article/chile-could-become-plurinational-what-does-that-mean/ As you know, there are many levels of inclusion and exclusion in different societies, and the indigenous rights movement in South America carries a dimension of racism held over from the colonial era, in addition to neocolonialism and extractive capitalism centered on banks and the owners of land.
gtgomes17

Rio Olympics 2016: Brazil police want to question IOC head Thomas Bach - BBC News - 0 views

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    From the section Latin America & Caribbean Brazilian police say they want to speak to International Olympic Committee (IOC) President Thomas Bach about an alleged scheme to resell tickets during last month's Rio Olympics. The police say Mr Bach is being treated as a witness, not a suspect.
Kay Bradley

Teaching Empire's Workshop - Greg Grandin - 0 views

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    latin America a Proving Ground
anays2023

Bitcoin, ethereum rise as Venezuela launches digital currency - 1 views

  • Bitcoin (BTC-USD) was up roughly 3% to trade at $44,537 (£33,108) while Ethereum (ETH-USD) the world's second largest crypto by market cap was up 2.3% to trade at $3,074.
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    Cool article that ties into the crypto discussion about Latin America
Kay Bradley

Venezuela: The Rise and Fall of a Petrostate | Council on Foreign Relations - 0 views

  • Punto Fijo pact, which guaranteed that state jobs and, notably, oil rents would be parceled out to the three parties in proportion to voting results. While the pact sought to guard against dictatorship and usher in democratic stability, it ensured that oil profits would be concentrated in the state.
  • OPEC. V
  • OPEC embargo on countries backing Israel in the Yom Kippur War quadrupled oil prices and made Venezuela the country with the highest per-capita income in Latin America.
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  • mismanagement. Analysts estimate that as much as $100 billion was embezzled between 1972 and 1997 alone.
  • A country that discovers a resource after it has formed robust democratic institutions is usually better able to avoid the resource curse, analysts say. For example, strong institutions in Norway have helped the country enjoy steady economic growth since the 1960s, when vast oil reserves were discovered in the North Sea,
  • Strong democracies with an independent press and judiciary help curtail classic petrostate problems.
  • Many countries with vast resource wealth, such as Norway and Saudi Arabia, have established sovereign wealth funds (SWF) to manage their investments
  • climate change.  
  • Analysts anticipate that a global shift from fossil fuel energy to renewables such as solar and wind will force petrostates to diversify their economies. Nearly two hundred countries, including Venezuela, have joined the Paris Agreement, a binding treaty that requires states to make specific commitments to mitigate
  • Summary Venezuela is an example of a decaying petrostate, where the government is highly dependent on income from fossil fuels, power is concentrated in an elite minority, and corruption is widespread.  Petrostates are vulnerable to what economists call Dutch disease, a dynamic in which a government develops an unhealthy dependence on natural resource exports, and other important industrial sectors are deprived of investment. Venezuela has descended into economic and political turmoil under President Nicolas Maduro, as its once-substantial oil outflows have slowed to a trickle. Absent a power transition, analysts say the country’s prospects are grim.
  • Jeffrey Sachs,
Alexander Luckmann

Venezuela Goes to the Polls -- not in the same way we will in a month - 0 views

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    An interesting article on the Chilean election. This theme reflects on our study of economic approaches, in particular the aftermath of the shock therapy first instituted in Latin America to combat inflation in Chile. This policy was so painful for so many people that, in the 2000s, South America experienced a sharp political left turn, one of whose leaders is Chavez. He has ruled Venezuela with an almost autocratic grip, but seems at his weakest in years for this year's election.
janh97

Latin America's Talent for Tolerance - 0 views

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    This article is about classism in Mexico
anonymous

The Impact of U.S. Sanctions on Women and Others in Cuba - 1 views

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    The Washington Office on Latin America (WOLA), Oxfam, the Center for Democracy in the Americas (CDA), and Cuban Americans for Engagement (CAFE) for a panel discussion about the impact of U.S. sanctions on Cuban women and vulnerable populations in the context of a global pandemic
ershai

Hello? This Is Colombia's Antimachismo Hotline. - 3 views

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    A new hotline has opened in Bogota, named the Calm Line, aimed to fight the machismo culture in Colombia. Unlike other methods to prevent violence against women, the Calm Line takes calls from men, and pushes men to examine how their long-time attitudes of machismo harm their lives and the lives of others. Latin America, notably Argentina and Mexico, have had recent movements related to women's rights and well-being, including legalizing abortion and femicide. Interesting to see a new method of challenging the culture and machismo.
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    I'd never thought about this approach to domestic violence/machismo culture.Patriarchy extends in both directions, and attacking one side helps defeat the effects on the other. The've said that a dozen people call in per day, and I'm interested to see if the Calm Line becomes more widely used in the coming years. It certainly is a unique solution.
samueld2022

Record numbers of young Guatemalans migrate north, leaving families in limbo - BBC News - 0 views

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    The border crisis is only continuing to worsen for the US as the amount of migrants is increasing. Subsistence farmers who are unable to make a living in Central America are continuing to venture north in huge numbers in search of a better life.
Curtis Serrano

Miners clock off 69-day shift from hell - 0 views

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    all miners have been rescued as of 10/13/10. They were trapped since august 5 (69 days)
Kay Bradley

Trade With China Essential Questions: Class List 11/2/10 - 0 views

1. Magnitude of trade: how has it changed over time? 2. Forecast? Will current trends continue? 3. Effects on small local business (define "small"; define "local.") 4. How critical is trade with Ch...

China Industrialized Democracies Less Developed World:

started by Kay Bradley on 02 Nov 10 no follow-up yet
Rachel Katzoff

U.S. Leadership Ratings Suffer in Latin America; Approval still up from Bush era. - 1 views

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    This article cites a few surveys taken since President Obama took office. It is interesting to look at this in comparison to the article we read from 2006 about Chavez and his disapproval of the Bush administration.
diegomartelll

Colombia referendum: Voters reject Farc peace deal - BBC News - 1 views

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    A Columbian referendum intended to ratify the peace deal signed last week between Columbia and the FARC was shockingly rejected, with 50.24% voting against.
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    I saw that news. I was stunned! What's behind that vote?
Kay Bradley

Brazil far-right politician enters presidential race - BBC News - 1 views

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    "Mr Bolsonaro has outraged many in Brazil with racist and homophobic comments. But his backers see him as a saviour in a crime-ridden country."
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