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
Argentina Invests in Power Grid After Blackouts
Argentine government officials formalized a $500 million plan to improve the distribution of electricity in Buenos Aires this week, but remained strongly opposed to raising utility rates in order to alleviate the city’s ongoing energy crisis. The measure comes after the hottest heat wave on record prompted a series of power outages, leaving hundreds of … Read more
National to City, Diagnosis to Funding
For too long, Latin America’s urbanization has been haphazard and chaotic. As a result, the world’s most urbanized region (with over 80 percent of its population living in cities) became associated with sprawl, waste, inefficiency, pollution, and increasing vulnerability to climate change. But a new approach to this challenge emerged on the sidelines of the … Read more
Monday Memo: Supreme Court and Argentina – Michoacán Violence – Pope Names Cardinals – Nicaragua Canal – Venezuelan Bolivars
Likely top stories this week: the U.S. Supreme Court will look at Argentina’s debt case; Michoacán’s government asks for help; Pope Francis names Haitian, Brazilian, Nicaraguan and Chilean cardinals; President Ortega says that Nicaragua Canal construction will begin this year; Air Europa rejects Venezuelan customers’ bolivars. Argentina’s Bondholder Battle Goes to U.S. Supreme Court: The … Read more
Monday Memo: FARC Ceasefire – Venezuela – Mexican Energy Reform – Argentine Police Strike – Clinton in Rio
Likely top stories this week: The Fuerzas Armadas Revolucionarias de Colombia (Revolutionary Armed Forces of Colombia—FARC) announce a ceasefire; Venezuelans vote in municipal elections; the Mexican Congress debates energy reform; Police strikes across Argentina continue; Bill Clinton visits Rio de Janeiro for the Clinton Global Initiative Latin America meeting. FARC Rebels Announce a Ceasefire: In … Read more
Monday Memo: Presidential Powers in Venezuela – U.S. oil in Latin America — Bachelet leads first round – Mensalão corruption charges – Cristina Fernández de Kirchner
Likely top stories this week: Venezuela’s National Assembly is increasing presidential powers for President Nicolás Maduro; Demand for U.S. oil grows in Latin America; Michelle Bachelet enters second round of presidential elections in Chile; Arrest warrants are issued for bankers and politicians involved in Brazil’s biggest corruption trial; Cristina Fernández de Kirchner returns to office. … Read more
Monday Memo: Chilean Elections – Isla Conejo – Venezuela – Pablo Neruda – Cristina Fernández de Kirchner
Likely top stories this week: Chilean voters go to the polls; El Salvador and Honduras face off over Isla Conejo; the Venezuelan government seizes the electronic chain Daka; Chilean forensic experts conclude that Pablo Neruda was not poisoned; the Argentine president is cleared to start working. Chilean Presidential Elections: Chilean voters will go to the … Read more
Clarín Group Adheres to Argentine Media Law
Clarín Group, Argentina’s largest media conglomerate, announced plans Monday to divide its operations into six subsidiary companies, in compliance with the country’s Ley de Medios (Media Law). The anti-monopoly law was upheld by the Argentine Supreme Court last week after four years of legal disputes between Clarín and the federal government. Clarín representatives said the … Read more
Monday Memo: Brazil’s Economy – Argentine Debt – Tropical Storm Sonia – Honduran Police Abuses – Uruguayan Marijuana
Likely top stories this week: Brazil will reduce lending by 20 percent next year; Argentina wins a stay on its $1.33 billion payment; Tropical Storm Sonia Hits Mexico; Honduras’ police chief denies abuses; Brazilian delegation opposes Uruguayan marijuana legalization. Brazil to Reduce Lending Due to Budget Deficit: Brazilian Finance Minister Guido Mantega said Friday that … Read more
Peronism Divided: Argentina’s 2013 Midterm Elections
Voters in Argentina’s October 27 midterm elections delivered a clear message to the country’s politicians on Sunday: they are ready for change. The incumbent, Peronist-affiliated Frente Para La Victoria (Front for Victory—FPV), led by President Cristina Fernández de Kirchner, suffered key losses as the country voted on available seats in one-third of the Senate and … Read more
Argentine Court Rules against Clarín Group
Clarín Group, Argentina’s largest media conglomerate, will have to sell off part of its holdings due to a Supreme Court ruling handed down on Tuesday. The high court declared constitutional the four articles of the Ley de Medios (Media Law), Argentina’s anti-monopoly broadcast law that congress passed four years ago but has stalled in the … Read more
Monday Memo: Argentine Midterms – UN Anti-Spying Measure – U.S. Immigration – Paraguay and Mercosur – FARC Releases Captive
Likely top stories this week: Argentine opposition gains influence in midterms; Brazil and Germany lead a UN anti-spying initiative; lobbyists push for U.S. immigration reform; Paraguay to represent Mercosur in negotiations with EU; hostage Kevin Scott Sutay is released by the FARC. Argentines Vote in Midterm Elections: With 72 percent of the votes counted in … Read more
Monday Memo: Protesters & Police Clash in Brazil – Train Crashes in Buenos Aires – Hurricane Raymond Nears Mexico – Bachelet Leads Polls in Chile – U.S. Surveillance in Mexico
Likely top stories this week: Protesters clash with Brazilian police forces in Rio de Janeiro; A commuter train crash injures 30 in Buenos Aires; Hurricane Raymond builds strength near Mexico’s Pacific coast; Michele Bachelet leads the polls in next month’s presidential elections in Chile; Newly leaked documents reveal that the U.S. spied on former Mexican … Read more
