President Raúl Castro unleashed his fiercest and lengthiest public lecture to date on the demise of Cuban culture and conduct. In a speech to the National Assembly, Mr. Castro said that Cubans’ behavior — from urinating in the street and raising pigs in cities to taking bribes — had led him to conclude that, despite five decades of universal education, the island had “regressed in culture and civility.”
For Cuba, a Harsh Self-Assessment - NYTimes.com - 0 views
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Cubans build houses without permits, catch endangered fish, cut down trees, gamble, accept bribes and favors, hoard goods and sell them at inflated prices, and harass tourists, Mr. Castro said.
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And that is just the start: Islanders yell in the street, curse indiscriminately, disturb their neighbors’ sleep with loud music, drink alcohol in public, vandalize telephones, dodge bus fares and throw stones at passing trains, the president lamented. “They ignore the most basic standards of gentility and respect,” Mr. Castro continued. “All this is going on under our noses, without provoking any objection or challenge from other citizens.”
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How Brazil's China-Driven Commodities Boom Went Bust - WSJ - 0 views
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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.
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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.
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“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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Nicaragua Follows Its Own Path In Dealing With Drug Traffickers : Parallels : NPR - 0 views
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Eight out of 10 people in this city are unemployed, yet there are stores everywhere and business seems brisk.
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The drug trade is this city's blessing and its curse. It's a city that's part of a country that has managed to remain relatively peaceful despite being in one of the most dangerous regions in the world. Analysts say one of the explanations for that relative peace is that Nicaragua has taken a different approach to fighting drug trafficking.
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Back in 2012, the citizens of Bluefields took to the streets to protest the arrest of a notorious kingpin. News footage showed hundreds of people marching around demanding "justice" and "freedom." The government alleged that Ted Hayman was involved in the drug trade, so they confiscated his home — a huge, gaudy structure in the hills surrounding Bluefields.
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