Peruvian Protest against Pluspetrol Turns Deadly
One person died and dozens more were injured after a protest against the Argentine energy company Pluspetrol turned violent late Tuesday night. A 25-year-old man, who was identified as Ever Pérez Huamán, passed away Wednesday morning after receiving a bullet wound to the abdomen. Police representative Edwin Rojas has said an investigation is underway to … Read more
La barbarie venezolana
El año comenzó con eventos que conmocionaron al mundo y llamaron a reflexionar sobre seguridad, radicalismo y civilización. Venezuela no fue inmune al contexto internacional. El 31 de enero de 2015, Caracas difundió una nota de pesar por el asesinato del periodista japonés Kenji Goto. En tres párrafos, el presidente Nicolás Maduro condenaba “enérgicamente” su decapitación. En las … Read more
Costa Rica to Invest $100 Million to Modernize Border Crossings
The Inter-American Development Bank (IDB) approved $100 million dollars for Costa Rica to modernize its border-crossing infrastructure, the Ministry of Finance announced on Tuesday. The plan seeks to bolster trade competitiveness at Costa Rica’s four border crossings with Nicaragua and Panama. In late 2014, Nicaragua completed the construction of a bridge at the Las Tablillas … Read more
No: The Constraints to Developing Renewables are Too High
While many have suggested that renewable energy can be a viable alternative for countries dependent on Venezuela’s PetroCaribe, it cannot address the region’s short-term energy needs. While there could be potential long-term savings, the short-term costs of investing in renewables, the declining cost of non-renewables, and the need to overhaul existing energy infrastructure are formidable … Read more
Yes: Renewables Are a Start—But NAFTA Has to Help.
The current situation cannot continue. The news of oil sinking to around $60 dollars per barrel, combined with Venezuela’s large fiscal deficit and deteriorating economy, makes the country’s annual $8 billion oil subsidy to PetroCaribe nations increasingly unsustainable. The question is, what will replace it. Fortunately, the 17 member countries of PetroCaribe don’t have to … Read more
Paralyzed on Economic Reforms, Venezuela Will Mortgage Citgo
Since before the death of Venezuelan President Hugo Chávez in March 2013, his successor, Nicolás Maduro, has remained paralyzed to enact reforms needed to escape the economic dysfunction Chávez left behind. In his latest national address on the economy on January 21, Maduro finally acknowledged the recession and shortages faced by Venezuelan citizens. Yet, … Read more
Addressing Caribbean Energy Security
On January 26, the Council of the Americas and the Atlantic Council co-hosted the Caribbean Energy Security Summit. The summit, convened by Vice President Joseph Biden, brought together Caribbean leaders, multilateral banks, private sector representatives, and U.S. government officials in order to address the critical issue of energy security in the Caribbean basin. The summit demonstrated … Read more
Monday Memo: Venezuela Protests – Haiti Elections – Caribbean Energy – AT&T – Brazil Olympics
This week’s likely top stories: Venezuelan opposition leaders halt protests in Caracas; Haiti swears in its nine-member Provisional Electoral Council; the U.S. hosts the first-ever Caribbean Energy Security Summit; AT&T acquires Nextel Mexico; Rio’s environment secretary announces that Guanabara Bay will not be clean in time for the 2016 Olympic Games. Opposition Curbs Protests in … Read more
Chasing Unicorns in Brazil
On the border of Brazil and Paraguay, David Rodrigues Krug is chasing a unicorn. That’s how he describes his work at the massive Itaipu Dam on the Paraná River, which forms a natural border between the South American neighbors. In three decades of operation, the five-mile-wide, 65-story dam has come close to generating 100 billion … Read more
Monday Memo: Haiti Deadlock – Cuba Prisoners – PEMEX – U.S. Gay Marriage – China and CELAC
This week’s likely top stories: Haiti attempts to negotiate its way out of political deadlock; Cuba frees 53 political prisoners, holding up its end of the rapprochement deal with U.S.; Mexico cuts funding to PEMEX causing major oil sector layoffs; the U.S. Supreme court declines to review a challenge to Louisiana’s gay marriage ban; China … Read more
Hard Talk
Can renewable energy be the answer for PetroCaribe’s imperiled members? Yes: Leopoldo Martínez Nucete; No: Anton Edmunds
Un barril de problemas para Venezuela
Ernesto Villegas, director de propaganda del Partido Socialista Unido de Venezuela (PSUV), aseguró hace dos semanas que si el petróleo venezolano llegase a cotizarse a 7 dólares por barril, la “revolución bolivariana no caería, se fortalecería”. La afirmación parece aventurada, incluso para los dirigentes del chavismo, acostumbrados a permear la realidad nacional con desconexos jingles … Read more
Geothermal Energy Potential Unleashed at COP20
Debates about renewable energy rarely focus on geothermal energy, despite its impressive potential. However, this may be changing: on December 8, the Geothermal Development Facility (GDF) was launched during the UN climate change talks in Lima, Peru, mobilizing $1 billion towards geothermal development across Latin America. Geothermal reservoirs are located on tectonic plate boundaries or … Read more
Monday Memo: Colombia FARC Amnesty— Haiti Prime Minister — Argentina Railway — Venezuela PetroCaribe — U.S. Police Brutality
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: … Read more
Monday Memo: Peru COP20 — Uruguay Election — Colombia Peace Talks — Venezuela Oil — Cuba GDP
This week’s likely top stories: Global leaders gather in Lima for the COP20 Climate Summit; Tabaré Vázquez wins the runoff presidential election in Uruguay; With FARC hostages released, Colombian peace talks are set to resume in Havana; Venezuela braces for impact as oil prices hit rock bottom; Cuba misses the mark on economic growth in … Read more
