Fiestas Patrias in Peru

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…

The Sword of Simón Bolívar

His full name is Simón José Antonio de la Santísima Trinidad Bolívar y Palacios Ponte y Blanco, and his legacy is equally voluminous. Born on July 24, 1783, he was serendipitously raised in an age of revolutions, and was one of the key leaders in the struggle for independence from Spain which would spread throughout…

4.1% Growth For Chile

According to the Chilean newspaper “El Mercurio” Chile’s economy is projected to grow 4.1% in 2012. Down from 6.5%  in 2011, expected growth in 2012 would nonetheless top not only the projected average for all of Latin America, but the global average of just 3.1% according to the paper. Regional growth is expected to be…

Caracas Divides Mercosur

Mercosur is a full customs union encompassing Argentina, Brasil, Paraguay y Uruguay. Additionally, Venezuela, Ecuador, Chile, Bolivia, Colombia and Perú are associate members of the union, and as such, participate in the economic union, but not the unified customs system. While Venezuela signed into the union in 2006, their membership has been blocked ever since by…

Humala Reverses Course

Just four months into his administration as president of Peru, Ollanta Humala has moved from extreme leftist rhetoric mimicking the Chavez administration in Venezuela, to a centrist administration run by technocrats. Among the heated populist rhetoric used during his campaign, President Humala promised to “Peruvanize” northern Chile. In doing so, he was picking at a scab that…