Wall Street Journal (May 7)
“Good political news is scarce in Latin America these days, so it’s worth noting the upset victory on Sunday by Vice President Juan Carlos Varela in Panama’s presidential election.” This anti-corruption underdog prevailed against the former mayor of Panama City, the incumbent’s hand-picked successor who had already made moves to subvert the constitution. “The real victor is Panama’s young democracy.”
Tags: Anti-corruption, Constitution, Democracy, Incumbent, Juan Carlos Varela, Latin America, Panama, Politics, Presidential election, Underdog, Upset, Victory
The Dallas Morning News (November 21, 2013)
“From Europe, from Asia, from Latin America, they’re here to be the eyes of their nations, here from places like Serbia, Germany, Spain and Japan. Five decades have passed, but even beyond America, the Kennedy charisma still charms, the mystery still intrigues.” Over 900 members of the press from around the world requested credentials for the official 50th anniversary ceremony to be held in Dallas where JFK was fatally wounded.
Tags: Asia, Ceremony, Charisma, Charm, Dallas, Europe, Germany, Japan, JFK, Kennedy, Latin America, Mystery, Press, Serbia, Spain, U.S.
Institutional Investor (March Issue)
Chile is facing a “Paradox of Prosperity: Strong growth puts Chile on the verge of becoming Latin America’s first developed economy while fueling popular discontent.”
Tags: Chile, Discontent, Economy, Growth, Latin America, Prosperity
The Economist (November 10)
“Greece will remain a disaster until it gets the treatment given to heavily indebted poor countries in the past.” Short-term rescue loans won’t work. “The experience of dozens of debt-ridden countries in Latin America and Africa holds lessons that Greece’s rescuers ought to heed…. The most indebted started to recover only when their debts, including those owed to official creditors, were slashed.”
The Economist (September 9)
Soon Mexico will celebrate 200 years of independence from Spain. Across Latin America, similar anniversaries are popping up. Yet, how much is there to celebrate? “Democracy may have replaced the dictators of old…but other Latin American vices such as corruption and injustice seem as entrenched as ever.” The Economist points out that economic progress has been “remarkable.” Between 2003 and 2008, the region grew at an annual rate of 5.5%. Growth paused during the economic crisis, but the region is again poised to register 5% growth in 2010. “After two centuries of lagging behind, the southern and central parts of the Americas are at last fulfilling their potential.” Now that’s worth celebrating.
Soon Mexico will celebrate 200 years of independence from Spain. Across Latin America, similar anniversaries are popping up. Yet, how much is there to celebrate? “Democracy may have replaced the dictators of old…but other Latin American vices such as corruption and injustice seem as entrenched as ever.” The Economist, however, points out that economic progress has been “remarkable.” Between 2003 and 2008, the region grew at an annual rate of 5.5%. Growth paused with the economic crisis, but the region is again poised to register 5% growth in 2010. “After two centuries of lagging behind, the southern and central parts of the Americas are at last fulfilling their potential.”Now that’s worth celebrating.
Tags: Economic growth, Latin America, Mexico
