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Monday Memo: New Bogotá Mayor – Argentine Debt Case – Illegal Mining – Venezuela – García Márquez

This week’s likely top stories: María Mercedes Maldonado becomes Bogotá’s new mayor; the U.S. Supreme Court hears arguments in the Republic of Argentina v. NML Capital case; the deadline passes to regulate illegal mining in Peru; rallies in Venezuela turn violent; Gabriel García Márquez’ memorial service is held in Mexico City.

Santos Names Interim Mayor for Bogotá: Colombian President Juan Manuel Santos named María Mercedes Maldonado the interim mayor of Bogotá on Monday, weeks after former Mayor Gustavo Petro was officially removed from his post in March. Petro’s removal by Inspector General Alejandro Ordóñez—on the grounds that Petro had mismanaged an overhaul of the city’s garbage collection system—was accompanied by a wave of protests and lawsuits, but the decision was ultimately approved by Santos.  Maldonado, a lawyer and professor who has worked in both the public and private sector, was secretary of planning for six months in Petro’s administration.

Argentine Debt Case Reaches U.S. Supreme Court: The U.S. Supreme Court will hear oral arguments Monday in Republic of Argentina v. NML Capital, the case that pits the Argentine government against U.S.-based holdout creditor NML Capital, which is attempting to enforce a $1.4 billion judgment against Argentina.  To collect the judgment, NML must be able to enforce subpoenas against Bank of America Corp. and Banco de la Nación Argentina to access Argentina’s non-U.S. assets. NML Capital won the right to subpoena the banks in an August 2012 decision by the 2nd U.S. Circuit Court, but the U.S. government has sided with Argentina in arguing that the ruling violates the Foreign Sovereign Immunities Act by forcing a sovereign national to reveal assets held outside the U.S.

Deadline Passes for Illegal Gold Miners in Peru: Saturday marked the deadline for illegal gold miners in Peru to legalize their status as part of a government effort to eradicate illegal mining in the country. Currently, some 40,000 illegal gold miners are active in the southeastern part of the country, where they have clashed with police and blocked highways to protest government efforts to crack down on their livelihood. Illegally mined gold accounts for some 20 percent of Peru’s gold exports and the trade has serious environmental, social and economic consequences, but miners say that the government has offered few alternatives to the lucrative trade, and that the actual process of registering with the government through the national tax agency was overly burdensome.  

Violence Continues in Venezuela: A rally on Easter Sunday in Caracas took a violent turn as protesters against the government of President Nicolás Maduro clashed with security forces. Troops used tear gas and water cannons against demonstrators, who burned effigies of Maduro in the street and set up barricades in the district of Chacao, which they defended with homemade bombs. Supporters of the government also protested and burned effigies of opposition leader Henrique Capriles. Maduro completes his first year as Venezuela’s president this week, while more than 40 people have died in protests that began on February 12.

Memorial Service for García Márquez: Colombian President Juan Manuel Santos and Mexican President Enrique Peña Nieto will attend a public memorial service on Monday for the Nobel Prize-winning Colombian literary icon Gabriel García Márquez, who died of a lung infection last Thursday at the age of 87. The service will be held in Mexico City, where the author spent his final days, though his final resting place is not yet known. García Márquez spent much of his adult life in Mexico. The Colombian government declared three days of national mourning for the author, who won the Nobel Prize for literature in 1982.

Any opinions expressed in this piece do not necessarily reflect those of Americas Quarterly or its publishers.
Tags: Gabriel García Márquez, Illegal Mining, Argentina

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