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rachelramirez

Ortega vs. the Contras: Nicaragua Endures an '80s Revival - The New York Times - 0 views

  • Ortega vs. the Contras: Nicaragua Endures an ’80s Revival
  • Tyson and his men are contras — yes, like the ones from the 1980s who received stealth funding during the Reagan administration to topple Mr. Ortega’s leftist Sandinista government.
  • “It is a silent, dirty war that is not recognized,” said Bishop Abelardo Mata, a Roman Catholic leader who has served as something of a mediator between the two sides.
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  • They control fuel companies, television stations and public construction projects, which has many critics comparing his family to the right-wing Somoza dynasty that Mr. Ortega helped topple in 1979.
  • They complain they are broke and say the reason they are not more successful is that they do not have international aid, as they did during the Reagan administration.
  • Though Mr. Ortega enjoys strong support among the poor, he was widely criticized for constitutional changes that repealed term limits, allowing him to run this year for a third consecutive term.
  • The government denies that politically motivated rebels in the country still exist, despite occasional attacks on police stations and the killings of Sandinistas and known contras
  • That war ended more than 25 years ago, when Mr. Ortega lost at the polls. But since being re-elected in 2006, Mr. Ortega has come to rule over this Central American nation in sweeping fashion.
  • Venezuela has provided Nicaragua with hundreds of millions of dollars’ worth of oil a year on preferential terms, and the government acknowledges that much of it is invested in private companies closely tied to the Ortega family and its allies.
  • “The Ortega-Murillo family is getting richer while the country people starve,” a rebel who calls himself Commander Rafael said about the president and his wife, Rosario Murillo
  • He said the Ortega administration must be doing something right. In January, the World Bank projected Nicaragua’s economy to grow by 4.2 percent in 2016, one of the highest rates in Latin America.
  • It is no wonder: 38 percent of the Venezuelan oil is used to fund social projects. More than 35,000 houses have been distributed among the poor in the past two years, according to a government website. World Bank statistics show that the poverty level dropped six percentage points from 2005 to 2009.
  • “He might have an expensive car, but the other presidents before him had their luxuries but did not help the people,” Veronica Aguilar, 55, said of Mr. Ortega.
  • The rebels are not buying it. In a sign of the new allegiance the socialist administration has to the country’s richest people, the government has lifted import taxes for luxury items like yachts and helicopters.
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    This article highlights some of the positive change the Ortega family has brought to Nicaragua, despite being flooded with reports of corruption, but it shows how divided the country is. There are contras roaming the country, and have been doing so for 25 years, who refuse to step down, and now finance their resistance by working with cartels within Nicaragua. It seems as though chaos has decided to run through Nicaragua. Additionally, we are able to see that under the current president poverty has decreased and new millionaires have increased. It seems as though a few people have a high concentration of the money in Nicaragua.
g-dragon

Which Asian Nations Were Never Colonized by Europe? - 0 views

  • Between the 16th and 20th centuries, various European nations set out to conquer the world and take all of its wealth.
  • Rather than being colonized, Japan became an imperial power in its own right.
  • uncomfortable position between the French imperial possessions of French Indochina (now Vietnam, Cambodia, and Laos) to the east, and British Burma (now Myanmar) to the west
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  • managed to fend off both the French and the British through skillful diplomacy. He adopted many European customs and was intensely interested in European technologies. He also played the British and French off of one another, preserving most of Siam's territory and its independence.
  • The Ottoman Empire was too large, powerful, and complex for any one European power to simply annex it outright.
  • the European powers peeled off its territories in northern Africa and southeast Europe by seizing them directly or by encouraging and supplying local independence movements.
  • the Ottoman government or Sublime Porte had to borrow money from European banks to finance its operations. When it was unable to repay the money it owed to the London and Paris-based banks, they took control of the Ottoman revenue system, seriously infringing on the Porte's sovereignty. Foreign interests also invested heavily in railroad, port, and infrastructure projects, giving them ever more power within the tottering empire. The Ottoman Empire remained self-governing until it fell after World War I, but foreign banks and investors wielded an inordinate amount of power there.
  • Like the Ottoman Empire, Qing China was too large for any single European power to simply grab. Instead, Britain and France got a foothold through trade
  • Both Great Britain and Russia hoped to seize Afghanistan as part of their "Great Game" - a competition for land and influence in Central Asia. However, the Afghans had other ideas; they famously "don't like foreigners with guns in their country,
  • They slaughtered or captured an entire British army
  • , that gave Britain control of Afghanistan's foreign relations,
  • This shielded British India from Russian expansionism while leaving Afghanistan more or less independent.
  • Like Afghanistan, the British and Russians considered Persia an important piece in the Great Game
  • Russia nibbled away at northern Persian territory
  • Britain extended its influence into the eastern Persian Balochistan region
  • Like the Ottomans, the Qajar rulers of Persia had borrowed money from European banks for projects like railroads and other infrastructure improvements, and could not pay back the money.  Britain and Russia agreed without consulting the Persian government that they would split the revenues from Persian customs, fisheries, and other industries to amortize the debts. Persia never became a formal colony, but it temporarily lost control of its revenue stream and much of its territory - a source of bitterness to this
  • Nepal, Bhutan, Korea, Mongolia, and the Middle Eastern protectorates:
  • Nepal lost about one-third of its territory to the British East India Company's
  • However, the Gurkhas fought so well and the land was so rugged that the British decided to leave Nepal alone as a buffer state for British India. The British also began to recruit Gurkhas for their colonial army.
  • Bhutan, another Himalayan kingdom, also faced invasion by the British East India Company but managed to retain its sovereignty.
  • they relinquished the land in return for a tribute of five horses and the right to harvest timber on Bhutanese soil. Bhutan and Britain regularly squabbled over their borders until 1947, when the British pulled out of India, but Bhutan's sovereignty was never seriously threatened.
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    A list of Asian nations that the Europeans were unable to colonize and why. This shows us the strengh that Europe gained and had especially during the expansion era. We also see how the Ottoman Empire fell and patterns with other nations.
Javier E

Brazil's Red-Scare Nostalgia - NYTimes.com - 0 views

  • According to a recent poll by Datafolha, more Brazilians identify with right-wing ideas, like looser gun restrictions, than they did last year. Although 58 percent of Brazilians believe that poverty relates to a lack of opportunities, 37 percent insist that laziness is the main cause of it. This was a major point of debate during the election: One side argued for meritocracy and less government aid; the other, for more public spending to reduce inequality.
  • Corruption is not what the right wing fears most. Just as in the ’60s, the Brazilian middle and upper classes are intensely afraid of the Communist threat.
  • The truth is that Ms. Rousseff’s Workers Party has been in power for more than 11 years and has so far failed to establish even a hint of the dreaded dictatorship of the proletariat. On the contrary: The once radical party has come to look increasingly centrist, adopting many of the practices of its neoliberal rivals. It has employed orthodox economic policies in order to maintain market stability; it hasn’t nationalized any assets but rather favored the privatization of ports, highways and airports; and Ms. Rousseff’s new ministers include an ally of agribusiness and nemesis of environmentalists, Katia Abreu, as agriculture minister, and a fiscally conservative banker, Joaquim Levy, as finance minister. This year, the profits of Brazilian private banks increased 26.9 percent. According to the “Top 1,000 World Banks” survey, Brazil is ranked seventh in banking profits.
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  • In spite of that, lots of people keep on fearing the Communist boogeymen and are ready to take action on this matter, either through street rallies, pleas to the army, petitions to the United States or even by moving out of the country. “Brazilian people are feeling hopeless,” said an actor at an event a while ago. “Every day I see people wanting to move to Miami.”
runlai_jiang

Antiguan ex-president of UN general assembly faces $1m corruption charges | World news ... - 0 views

  • Antiguan ex-president of UN general assembly faces $1m corruption charges
  • A former president of the United Nations general assembly turned the world body into a “platform for profit” by accepting over $1m in bribes and a trip to New Orleans from a billionaire Chinese real estate mogul and other businesspeople to pave the way for lucrative investments, a prosecutor charged on Tuesday
  • John Ashe, a former UN ambassador from Antigua and Barbuda who served in the largely ceremonial post from September 2013 to September 2014, faces conspiracy- and bribery-related charges along with five others, including Francis Lorenzo, a deputy UN ambassador from the Dominican Republic who lives in the Bronx.
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  • Dujarric said Ban was “shocked and deeply troubled” by the allegations that “go to the heart and integrity of the UN”.
  • Corruption is not business as usual at the UN.
  • Those charged in the criminal complaint unsealed on Tuesday in Manhattan federal court included Seng, who was arrested two weeks ago along with his chief assistant, Jeff C Yin, 29, a US citizen whose bail was revoked last week over allegations that he lied to investigators after his arrest.
  • Other money, they said, was used to lease a luxury car, pay his home mortgage, buy Rolex watches and custom suits, and construct a $30,000 basketball court at his home in Dobbs Ferry, New York, where he was arrested on Tuesday. He opened two bank accounts to receive the funds and then underreported his income by more than $1.2m, officials said.
  • Prosecutors said two other arrested individuals were involved with Ng. They were identified as Sheri Yan, 57, and Heidi Park, 52, both naturalized US citizens who reside in China and helped facilitate the scheme, prosecutors said.
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    The Antiguan ex-president of UN general assembly, John Ashe accepted bribe from a chinese real estate buisness man and other businesspeople and was asked to benefit them for paving the way for lucrative investments. The president was charged. UN is not a usual corruption place and Antigua and Barbuda should rethink  its democracy system because our representative was even bribing.
Javier E

How Brazil's China-Driven Commodities Boom Went Bust - WSJ - 0 views

  • If the biggest economic story this century was China’s rise, Brazil was uniquely poised to benefit from it. Rich in iron ore, soybeans and beef, not to mention oil, Brazil was positioned as a supplier of many things China needed. Its annual trade with China, only around $2 billion in 2000, soared to $83 billion in 2013. China supplanted the U.S. as Brazil’s largest trading partner.
  • Brazil fell under what some economists call the “resource curse,” a theory describing how countries with abundant natural resources sometimes do worse than countries without them. The idea is that the money from commodity sales can lead to overvalued currencies and shortsighted policy-making, leaving such countries badly exposed when the resource boom finally ends.
  • “Unfortunately, the history is that commodity-dependent economies do not catch up with the U.S.,” said Ruchir Sharma, head of emerging markets at Morgan Stanley Investment Management. “Not just oil producers. More countries end up being poorer, compared with the U.S., after they find a commodity than catch up.” Using data going back to 1800, he said commodity-dependent economies typically grow for a decade, then spend as long as two decades wallowing or slipping back.
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  • Buoyed by China trade, nationalist-minded politicians launched a foreign policy meant to reduce the role of the U.S. in Latin America. Brazil blocked a U.S. free-trade initiative for the Americas. They teamed with Venezuela to create a regional security council to supplant one that included the U.S. The foreign minister worked from an office with a huge map of the world upside down, offering the message that the era of emerging markets was at hand. But the world wasn’t upside down. While Brazil tied itself more closely to anti-American governments like Venezuela, Argentina and Iran, some regional neighbors—Chile, Colombia and Peru—went around Brazil and cut individual free-trade deals with the U.S.
  • Anticipating commodity sales, the government spent increasingly heavily. Government banks supplied Brazilians with easy credit. Brazil subsidized energy bills, issued cheap loans to big companies with government ties and built stadiums to host global events such as the 2014 World Cup and the 2016 Olympics.
  • Meantime, Brazil produced far less oil than predicted. Production actually shrank in some years, as Petróleo Brasileiro SA, PBR 12.80 % known as Petrobras, struggled with the enormous task of developing oil fields in extremely deep water.
  • Commodities’ support of the economy allowed Brazilian leaders to put off addressing certain problems that had long bedeviled the nation, such as a political system that tended to breed corruption and a bureaucracy that stymied business innovation. “Brazil became complacent because of the intoxicating effects of China trade,”
Javier E

Brazil's European Dream - 0 views

  • The news that Brazil has overtaken Britain to become the world's sixth largest economic power is being touted as a sign that that the longtime "country of the future" has finally arrived.
  • In the past 20 years, Brazil has become well known for turning crisis situations into geopolitical opportunities, becoming a leading voice in international forums devoted to AIDS, poverty, and even the environment. And now, it is doing it again with a challenge that Brazilians understand all too well: a debt crisis.
  • The IMF contributions stem from Rousseff's intention to maintain a tradition that began under her predecessor, President Luiz Inácio Lula da Silva, of using foreign assistance as a means to strengthen Brazil's international reputation and influence. Yet another example is Brazil's annual contributions to the World Bank, which have averaged $253 million from 2004 to 2009. Brazil was the first nation to contribute -- $ 55 million -- to the World Bank's Haitian Reconstruction Fund. From 2003-2007, Brazil also gave approximately $340 million to fund the U.N.'s operations. Lula also increased Brazil's contribution to the U.N.'s World Food Program from $ 1 million in 2009 to $ 27 million in 2011.
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  • in 1998, it was the Brazilian government, under President Fernando H. Cardoso, that was running to the IMF for assistance. Brazil was trying to recover from a capital flight of roughly $30 billion dollars, triggered by a lack of foreign investor confidence due to exorbitant debt and recession. To help quell investor speculation that Brazil would default (like Russia did months earlier), the IMF provided a bailout package of $41 billion on the condition that Cardoso prune government expenditures by 20 percent and reform the pension system.
  • in 2001, after a steep decline in foreign investment, currency depreciation, and a debt crisis in neighboring Argentina, Brazil essentially begged the IMF to help avoid a default on its external debt. This time the government received $15 billion in exchange for reducing federal expenditures and maintaining a primary budget surplus of approximately 3.75 percent through 2005.
  • Rousseff also wants an expanded role for Brazil within the IMF, along with the other BRICS, mainly through increased quota shares and voting rights. She has joined her colleagues from China, India, Russia, and South Africa in emphasizing that the IMF needs to recognize the importance of the world's largest emerging economies
  • Rousseff's European strategy is a smart move. By providing financial support in time of need, Brazil can strengthen its partnership and economic relationship with several European countries, as well as with the IMF. And by lending a hand, Rousseff may be able to garner more European support as she strives to boost Brazil's influence within the U.N. system and the IMF. Through these calculated endeavors, Rousseff can signal that Brazil isn't just arriving on the international scene, it's here to stay.
oliviaodon

IDB - Nicaragua improves respond to natural disasters - 0 views

  • Inter-American Development Bank (IDB) has approved a $186 million contingent loan to help Nicaragua mitigate the impact that severe or catastrophic natural disasters could have on its public finances.
  • country is highly exposed to meteorological and geophysical threats such as earthquakes, floods, tropical storms, and volcanic eruptions. In fact, Nicaragua is the second most vulnerable country in the world to hurricanes and tropical storms, and ranks thirtieth in the world in its vulnerability to earthquakes.
  • This operation will help Nicaragua not only improve its financial planning but also promote the development of effective mechanisms for the comprehensive management of natural disaster risks through the Comprehensive Natural Disaster Risk Management Program (CNDRMP) required to access the proceeds of this loan. The CNDRMP promotes improvements in the identification, reduction, and financial management of risks, as well as in disaster management.
luckangeloja

Antigua behind the brochures: gangsters' paradise? | The Independent - 0 views

  • Gun crime and gang violence are on a sharp rise among Antigua's young, linked to a global trade in guns and marijuana, crack and other cocaine, a traffic that has put the island and its neighbours at a vital crossroads between the narcotics producers of South America and the eager consumers of the US and Europe. These drugs seep into the population, payment in kind for dealers, or simply an impossible lure at prices that are a fraction of the street prices in the developed world, sometimes as low as US$1 (50p) for a rock of crack cocaine.
  • Eric Clapton, the guitarist, was so shocked by the effects that crack and other drugs were having on the population that he set up the Crossroads rehab centre in Antigua in 1998.
  • Kim Martin, the admissions director at Crossroads, says: "Crack cocaine is the number-one substance of abuse for our Antiguan clients, followed by alcohol. It was the influx of crack that caused members of the community to approach Clapton in the first place and it is still very visible, particularly in some parts of the island, which is leading to crime."
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  • Only a few blocks up the hill and the shops and banks give way to more dishevelled buildings, run-down stores selling only a handful of items, homes with crumbling front steps. There is no shortage of opportunity to find drugs, as twenty-something men make their friendly approach to tourists.
  • Antigua's police appear hopelessly out of their depth. The police station on the high street in St John's is crumbling. The new commissioner, brought in from Canada with other former Mounties, has put his energies into solving the lack of funds and infrastructure within the organisation.
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    This article was actually based off an incident that a couple had while they were staying in Antigua for vacation. Although their incident had nothing to do with drugs, the article eventually shifted to this topic. It discussed how the cheap cost of drugs is a huge reason for the overuse of them. Members from the rehab center "Crossroads" discussed how drugs have really been seeping through the community. The police are also struggling to control the outburst of drugs.
horowitzza

Making Peace Is Political : Rejecting War, Nicaragua Now Relies on Democratic Support -... - 0 views

  • Significantly, the presidents not only continue to make strides in conflict resolution in Nicaragua, but also have started to place more emphasis on the other focus of civil war--El Salvador.
  • progress is the result of a combination of changes in the terms of the original equation in the quest for peace
  • The United States, though, has a legitimate concern to see the Sandinistas fulfill their pledge guaranteeing the safe return of the rebels and their families to Nicaragua from Honduras
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  • President Bush could go a long way toward restoring peace in Nicaragua, and U.S.-Nicaraguan relations, if he proposed to use his influence and support--together with other heads of state, the World Bank and various other international agencies--to help launch a resettlement program, in Nicaragua
  • Nicaraguans who have sought asylum abroad would be enticed to return home. However, such a project to restore our dignity as Nicaraguans can be possible only if the Sandinista regime takes a sincere decision to adopt democracy.
horowitzza

Latin Americans Need Security to Enjoy Peace and Prosperity - Borderzine - 0 views

  • Despite the decay of democratic institutions in Latin America, democracy is on the rise in the region because citizens are demanding better government.
  • Challenges are big for the Western Hemisphere, but the principal idea behind solving those challenges is that governments should act responsibly to resolve them
  • A prime example of this insecurity can be found in México, especially in the border city of Ciudad Juárez, where nearly 5,000 persons have been killed in a bloody drug war that has been raging for three years.
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  • On the other hand, it is known that the United States has openly announced it will try to help resolve the problems in Latin America
  • “We are working with the World Bank to help economies in Latin America and also we are working to uphold the concepts of democracy in this hemisphere,
  • “There are too many poor people in Latino America, but mainly this is because most of them can’t speak up to their governments.
Javier E

Chavez's influence wanes in Latin America - The Washington Post - 0 views

  • these days Chavez’s influence is waning across the region as Venezuela’s oil-powered economy has gone bust and concerns have been raised about his governing style, which includes the jailing of opponents.
  • Ever so quietly, some of the Venezuelan populist’s biggest projects have been abandoned or mothballed, or have yet to take flight, including a pipeline from Venezuela to Argentina, a South American development bank, housing, highways and a continental investment fund.
  • Latinobarometro found in a February report that Latin Americans perceived Venezuela to be less democratic than other countries, assigning a 4.3 rating to Venezuela, with 10 being the most democratic.
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  • When the group asked people to rate leaders in the Americas, Chavez finished second to last in its 2010 report. Even in Bolivia and Argentina, countries with warm relations with Venezuela, fewer than 35 percent of those polled had a favorable opinion of Chavez.
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