Monday Memo: Santos Wins in Colombia – Argentine Appeal Rejected – Biden Visits Latin America – Bolivia Hosts Summit – Neves to Face Rousseff in Brazil
This week’s likely top stories: Colombian President Juan Manuel Santos wins re-election; the U.S. Supreme Court rejects Argentina’s appeal; U.S. Vice President Joe Biden visits Latin America; Bolivia hosts the G77+China Summit; Aecio Neves will represent the PSDB in Brazil’s elections. Following the 2014 World Cup? Read more coverage here. Santos Re-elected President in Colombia: … Read more
Monday Memo: Brazil World Cup – Colombian Runoff Election – Venezuelan Protests – Mexican Reforms – Amado Boudou
This week’s likely top stories: the FIFA World Cup kicks off in Brazil; Colombian voters return to the polls; Venezuelan protesters call for the release of Leopoldo López; President Enrique Peña Nieto defends Mexican reforms in Spain; Argentine Vice President Amado Boudou testifies in court. World Cup Begins in Brazil Amid Subway Strike: The FIFA … Read more
Argentine Vice President to Appear in Court
Yesterday, Federal judge Ariel Lijo changed Argentine Vice President Amado Boudou’s court date from July 15 to June 9. Boudou will face charges of corruption, illegal negotiations as a public employee, and illegal profiteering related to his purchase of the Ciccone Calcográfica printing company with a partner in 2010. Boudou allegedly planned to use the … Read more
Monday Memo: Colombian Hackers – PAN in Mexico – Colombia and FARC – UN Visits Guatemala – Bodou in Argentina
This week’s likely top stories: Candidate Óscar Iván Zuluaga is implicated in a Colombian hacking scandal; Gustavo Madero wins the PAN’s internal elections in Mexico; the Colombian government and FARC reach an agreement on drugs; the UN Deputy High Commissioner for Human Rights will visit Guatemala; Argentine Vice President Amado Bodou may be called to … Read more
Argentina Creates Culture Ministry
Argentina’s official government gazette announced yesterday the creation of a cultural ministry department to be headed by folk singer and composer Teresa Adelina Sellares, also known by her stage name, Teresa Parodi. Prior to the creation of the Cultural Ministry, the government cultural department was run through the Secretary of Culture, Jorge Coscia, who resigned … Read more
Argentina to Pay Repsol for YPF Nationalization
The lower house of Argentina’s congress agreed to pay Spanish oil company Repsol $5 billion in bonds in compensation for its expropriation of the company’s 51 percent share of Argentine oil company Yacimientos Petrolíferos Fiscales (Treasury Petroleum Fields—YPF). After YPF was nationalized in 2012, Repsol’s share in the company was seized and reduced to 12 … Read more
Currency: Argentina’s Devaluation
When Argentina devalued its peso by 19 percent against the U.S. dollar in January, Brazilian President Dilma Rousseff reaffirmed her country’s independence from the volatile currency of its southern neighbor. “It will not have significant consequences,” Folha de São Paulo reported her saying. Indeed, Brazil has large international reserves, a balanced budget and consistent growth … Read more
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 … Read more
Argentine Unions Stage Nationwide Strike
Parts of Argentina were paralyzed on Thursday after the country’s biggest unions shut down transportation and blocked entrances to Buenos Aires. The unions are staging a 24-hour strike to protest rising inflation and cuts to government subsidies, and are currently negotiating wage increases. Industrial unions—including metal and oil workers allied with President Cristina Fernández de … Read more
Ten Sentenced in Argentine Sex Trafficking Case
Ten individuals suspected of the kidnapping and sexual exploitation of Maria de los Ángeles “Marita” Verón were sentenced to prison in Tucumán, Argentina on Tuesday. While walking to a doctor’s appointment in 2002, Verón, 23, disappeared, and was suspected to have been forced into a sex trafficking ring. All 13 individuals accused of being involved … Read more
Fernández de Kirchner Commemorates Malvinas War
Argentina celebrated the thirty-second anniversary of the Guerra de las Malvinas (Falklands War) on Wednesday with a rally lead by President Cristina Fernández de Kirchner and the release of a new 50 peso bill picturing the islands. The commemoration the 74-day conflict between Argentine and British forces took place at the Malvinas Argentinas Hall at the … Read more
Walking Home Alone at Night in Buenos Aires
This is the first installment of “Connecting the Americas,” a collaborative project of Americas Quarterly and Zócalo Public Square. A debate dominates the end of my dinners at my parents’ house: how to get home? I live a mere seven blocks away, a brief walk across a park. Though I’m an independent urban type, in … Read more
Argentina Struggles with Soaring Inflation
As surging inflation takes a toll on Argentine consumers, the Argentine government affirmed on Tuesday that it would levy fines against supermarkets who fail to respect voluntary price controls that many stores and wholesalers agreed to in December. On Tuesday, Chief of Cabinet Jorge Capitanich said that the details of the new sanctions would be … Read more
Monday Memo: Chile-Peru Maritime Dispute — CELAC Summit — Argentina’s Economy — São Paulo Protests — Belize-Guatemala Agreement
Likely top stories this week: the International Court of Justice will rule on the Chile-Peru Maritime border; the CELAC Summit begins on Tuesday in Havana, Cuba; Argentina begins easing restrictions on purchasing US dollars; protesters of the World Cup clash with police in Sao Paulo; Belize and Guatemala sign an agreement at the OAS. International … Read more
Argentina Adopts New Restrictions on Online Purchasing
The Argentine government adopted new legislation limiting online buying on Tuesday in an effort to defend domestic production. The resolution, adopted by Argentina’s tax agency, the Administración Federal de Ingresos Públicos , and published in the Boletín Oficial, restricts Argentines to two tax-free purchases of up to $25 on foreign-based websites per year, with a … Read more