Argentina Passes Debt Restructuring Bill
Early this morning, the lower house of the Argentine Congress passed a bill that will allow for the restructuring of its sovereign debt. After entering into session Wednesday afternoon, members passed the law Thursday morning with a vote of 134 to 99, just over the 129 votes needed for its approval. The vote comes after … Read more
Argentina: ¿En Default?
El “default” de Argentina tiene tantas lecturas como tenedores de bonos argentinos hay en EEUU. La apreciación sobre si el país está o no en cesación de pagos ha extendido el debate económico al campo político, en donde el concepto “soberanía” se ha agitado de manera preponderante por el gobierno de Cristina Fernández de Kirchner. … Read more
Founder of Abuelas de la Plaza de Mayo Reunited with Grandson
After 36 years of searching, Estela de Carlotto, president and founder of the Abuelas de la Plaza de Mayo (Grandmothers of the Plaza de Mayo) was reunited with her grandson in a private meeting in La Plata on Wednesday evening. Ignacio Hurbán, named Guido Montoya Carlotto by his biological mother, discovered his true identity after … Read more
Stocks Plummet as Argentina Defaults
Argentina’s stock market fell 8.4 percent on Thursday after the country slid into what Standard & Poor is calling a selective default. Despite emergency negotiations Wednesday night, holdout bondholders and Argentina’s Finance Minister Axel Kicillof were unable to reach a compromise. The default crisis was sparked by lawsuits led by Paul Singer for $1.5 billion … Read more
Monday Memo: Mercosur Summit – General Hugo Carvajal – Gov. Jerry Brown – Mexican Energy Reform – Argentine Debt
This week’s likely top stories: Mercosur leaders meet in Caracas; former General Hugo Carvajal returns to Venezuela; California Governor Jerry Brown visits Mexico; Mexican Congress discusses energy reform; Argentina nears its debt deadline. Mercosur leaders to address Israel at Mercosur summit: Brazilian President Dilma Rousseff is expected to lead Mercosur leaders in condemning Israel’s military … Read more
Business Innovator: Lisa Besserman
Lisa Besserman could be at home anywhere in the world; but last year, the Queens, New York, native put down roots in Argentina to launch Startup Buenos Aires, to motivate, support and connect startups across the globe. The 29-year-old tech entrepreneur, named one of the “100 Most Influential Tech Women on Twitter” by Business Insider … Read more
Behind the Numbers: Women’s Rights
The gender-based data on social inclusion clearly indicate the opportunities and obstacles facing women in Latin America—as well as numerous contradictions and complexities. An examination of new trends, laws and policies brings to mind the Spanish expression, “Del dicho al hecho, hay mucho trecho.” In other words, even in many areas where there appears to … Read more
10 Things to Do: Patagonia, Argentina
Patagonia, the rugged, southern frontier region shared by Argentina and Chile, was once believed to be the home of a race of giants. It still looms large as a wild landscape where myth and reality coincide. The site of major hydro projects, the Argentine Patagonia also boasts four World Heritage sites. The best place to … Read more
Latin America at the Winter Olympics
Latin American and Caribbean countries may not be as well-known for their winter sports as Canada, Russia or the United States, but the region does have a storied tradition at the Winter Olympic Games. Argentina, the first Latin American country to participate, sent a five-man bobsled team to the second-ever Winter Games in 1928. Chile … Read more
Monday Memo: Colombian Legislature – Argentine Debt – Peruvian Environmental Law – Deaths in Nicaragua – Bolivian Child Labor
This week’s likely top stories: Colombia inaugurates a new legislature; Argentina must pay its debt by July 30; Reforms to Peru’s environmental agency are criticized; Five Nicaraguans are killed after a Sandinista anniversary celebration; Bolivia allows those as young as 10 to work. Colombia installs new legislature: As Colombia’s new legislature was sworn in on … Read more
Monday Memo: BRICS Summit – Argentina and Russia – U.S. Immigration – FARC and Colombian Peace – World Cup Riots
This week’s likely top stories: BRICS leaders meet in Brazil; Argentina and Russia sign energy agreements; U.S. considers action on child immigrants; Colombian forces strike FARC; Argentine soccer fans riot. BRICS leaders to launch new bank at summit: Leaders from Brazil, Russia, India, China, and South Africa will convene in Fortaleza, Brazil for the sixth … Read more
Argentina’s Economy and the 2015 Presidential Elections
There’s more than a year to go until Argentina’s October 2015 presidential elections, but campaign season unofficially kicked off last October when the headquarters of National Deputy Sergio Massa (Frente Renovador, or Renewing Front party) and current Buenos Aires Mayor Mauricio Macri (Propuesta Republicana, or Republican Proposal party—PRO) erupted in joy upon hearing the results … Read more
Monday Memo: Argentine debt – Putin in Latin America – Italy investigates Plan Cóndor – Earthquake – Trapped Honduran Miners
This week’s likely top stories: Argentine negotiates with holdout creditors; Russia’s Vladimir Putin will visit Cuba, Argentina and Brazil; Italy investigates dictatorship-era murders; an earthquake hits Mexico and Guatemala; and Honduran authorities search for eight missing miners. Argentina begins debt negotiations: Argentina will begin negotiating a settlement today with its holdout creditors, who are owed … Read more
In World Cup, on to Round Three…
With the second round of the World Cup soccer tournament concluded the main storylines have been the success of teams from the Americas, the early exit of previous stalwarts England, Italy and Spain, the relatively high number of goals, and—at least in the United States—the sudden realization that soccer actually has a strong and passionate … Read more
Monday Memo: Varela in Panama – Argentine debt – ELN attack – Costa Rica and Colombia World Cup Firsts – Amado Boudou
This week’s likely top stories: Juan Carlos Varela takes office as Panama’s new president; Argentina negotiates a settlement with holdout creditors; the ELN attacks in Arauca; Costa Rica and Colombia advance to the World Cup quarterfinals for the first time; Argentine Vice President Boudou faces charges. Juan Carlos Varela inaugurated in Panama: Panamanian President-elect Juan … Read more
