Politics, Business & Culture in the Americas

Monday Memo: Colombia FARC Amnesty— Haiti Prime Minister — Argentina Railway — Venezuela PetroCaribe — U.S. Police Brutality



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This week’s likely top stories: Colombians march against possible amnesty for FARC; Haitian Prime Minister Laurent Lamonthe steps down; Chinese railroad company wins $275 million in orders from Argentina; Venezuela seeks to expand PetroCaribe despite its fragile economic situation; Thousands gather across the U.S. in anti-police brutality protests.

Uribe Leads Protest Against Possible FARC Amnesty: Former Colombian President Álvaro Uribe’s Centro Democrático party and the Colombia Quiere movement led marches across the country on Saturday to protest a possible amnesty for the Fuerzas Armadas Revolucionarias de Colombia (Revolutionary Armed Forces of Colombia—FARC) in peace talks between the rebels and Colombian government in Havana. Currently, the government and the rebels are meeting to determine how to disarm FARC combatants and whether to prosecute them for crimes. Protesters across Colombia said that the FARC should face justice, and expressed concern that the peace talks would grant the guerrillas amnesty after 50 years of armed conflict. Further inflaming tempers, seven people—including two children—were shot to death on Friday in the department of Antioquia, in what appears to have been an execution. However, it is unclear whether the shooting involved members of the FARC, the ELN, or members of criminal gangs in the area.

Haiti in Turmoil over Long-Postponed Elections: Haitian Prime Minister Laurent Lamonthe stepped down on Sunday in an effort to quell protests over government corruption and delayed elections that have roiled the Caribbean nation since December 5. Lamonthe, who began his term in 2012, is the third prime minister to resign since President Michel Martelly took office in 2011. Despite international support for Lamonthe’s efforts to attract investment to Haiti, a commission appointed by Martelly last week called for the resignation of the prime minister, the head of the Supreme Court and the current members of the Provisional Electoral Council. Meanwhile, Haiti has yet to hold legislative and local elections that were scheduled for 2011, leaving 10 out of 30 Senate seats unoccupied. Martelly has blamed the stalled elections on opposition senators who refuse to pass his election law. If Haiti fails to hold elections, the parliament will be dissolved in mid-January and President Martelly will rule by decree. The president announced that negotiations to resolve the political crisis would begin today.

Chinese Railroad Company Brings in $275 million from Argentina: In another strong display of “railroad diplomacy,” state-owned China South Locomotive & Rolling Stock Corporation Ltd. (CSR) confirmed this morning that it received a $275 million order from Argentina for Chinese locomotive products. The 80 locomotives and more than 2,000 freight cars from China will be used to populate Argentina’s Belgrano Cargas line once a $2.1 billion railway rehabilitation project—contracted to China Machinery Engineering Corp (CMEC)—is complete. The project will be financed by a supplemental loan agreement finalized by Presidents Xi Jinping and Cristina Fernández de Kirchner in July. CSR, which has been supplying trains and other railway products to Argentina since 2006, is currently considering a merger with its principal domestic rival, China CNR Corp Ltd, which would make it competitive with multinational railroad behemoths Siemens and Bombardier. 

Venezuela to Expand PetroCaribe Despite Oil Glut: On Sunday, at a summit in Havana marking the 10th anniversary of the leftist Alianza Bolivariana para los Pueblos de Nuestra América (Bolivarian Alliance for the Peoples of Our Americas—ALBA), Venezuelan President Nicolás Maduro revealed his intentions to expand the already frail PetroCaribe oil subsidy program, which has been providing Caribbean countries with oil at low interest rates and a favorable long-term payment plan since 2005. In light of the fact that PetroCaribe shipments fell 11 percent in 2013, which forced beneficiaries to diversify their energy portfolios, Maduro insisted that, “Petrocaribe, what it must do at this stage, is consolidate, strengthen, grow and deploy itself.” However, Venezuela’s capacity to deliver on its promise remains questionable, considering the impact of the severe global drop in oil prices on Venezuela’s economy, with inflation already hovering around 60 percent. In order to finance the expansion, Venezuela is considering a plan to sell billions of dollars of PetroCaribe debt to Wall Street.

Tens of Thousands March in U.S. to Protest Police Killings: Tens of thousands of Americans marched on Saturday in the largest anti-police violence protests since Michael Brown, a black teenager, was killed by a white police officer in Ferguson, Missouri this August. Marches took place in Boston, Chicago, New York City, Oakland, San Antonio, San Diego, and Washington DC in memory of victims of police shootings and to denounce the racial injustice and police impunity. No arrests were made at the Millions March in NYC—by far the largest event—which drew approximately 30,000 participants in a procession that ended at the NYC Police Department’s headquarters in Lower Manhattan. An estimated 25,000 people rallied in the nation’s capital, including the families and relatives of Eric Garner, Michael Brown, Akai Gurley, Tamir Rice, and John Crawford.



Tags: China and Latin America, FARC peace negotiations, Governance in Haiti, Petrocaribe, police killings
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