July 28th commemorates Peru’s independence from the Spanish Empire in Spain in 1821. Libertador José de San Martín was born in what is now Argentina, and would become the primary leader for the southern region of South America during its successful struggle for independence. Having distinguished himself in several battles against Napoleon, he would go…
At least four countries in Latin America have implemented special economic zones designed to encourage development. These special zones with favorable economic liberties can be found in Chile, Brazil, Argentina, and more recently Honduras. In February of 2011, the legislature of Honduras created the legal framework to initiate special zones intended to be largely autonomous,…
Recorded history of the Falkland Islands spans more than 500 years. Active exploration in the area began in the 1700s, and a settlement was founded at the end of the 1800s. They have been claimed throughout that span by the French, Spaniards, British and Argentines Once the Panama Canal was opened to commerce in 1914,…
Cristina Fernández de Kirchner was recently reelected with just 54% of the popular vote despite a struggling economy, reports of lavish corruption, and inflation at unofficial rates nearing %25 (vs. 10% officially). Presumably, the president has drawn attention to the century old dispute with Britain over the Falkland Islands, and has been trying to gin…
Argentina has lurched closer to becoming what could be described as a Fascist nation after “Peronist” president Cristina Fernández de Kirchner announced the nation’s intentions to nationalize the largest oil company in the country yesterday. Combined with rabble rousing rhetoric dredging up the impotent claim to the Falkland Islands, and a tightened control of the…
“The record of history is absolutely crystal clear, that there is no alternative way so far discovered of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by the free-enterprise system.” ― Milton Friedman
With 3,266,199 square miles of terrestrial territory, Brazil is the 5th largest country by landmass behind Russia, China, and the US of A. While Russia is in a league of its own with two and a half million square miles more than the second largest country in the world, with just 428,761 additional square miles…
Despite mounting evidence of Iranian support for terrorist organizations and growing ties in Latin America, Vice President Joe Biden said to reporters last Wednesday that “People talk about Hezbollah. They talk about Iranian support for weapons and the rest. I guarantee you, Iran will not be able to pose a hemispheric threat to the United…
Last week a train accident in Buenos Aires claimed the lives of 50 individuals. While the event is obviously intensely mournful, much of the emotion within Argentina also includes a high level of frustration over the system and society which allowed this to happen. Argentinian culture is known for being proud. Nationalism has been the…
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