Cristina Fernández de Kirchner’s unpopular administration if facing an increasingly vocal population. Her Peronist policies have predictably driven the economy into the ground, after irresponsible debt defaults, runaway inflation, and fascist private sector takeovers. Argentina was one of the richest in the world a century ago until it deteriorated due the successful implementation of “progressive” policies…
Colombian authorities have launched a manhunt for the drug traffickers who were responsible for massacre of 10 peasants in Santa Rosa de Osos, Colombia this week. It is believed they were murdered for failing to pay extortion tribute to the drug trafficking gang believed responsible. The massacre is particularly shocking and troubling for the public…
In what is being viewed as a way to shore up votes for next October’s elections in which half of Argentina’s House of Representatives, and one third of the Senate will be up for grabs, Argentina has added approximately one million citizens (2% of the entire population) to voter rolls. According to local press, the…
Near the end of those seven years of independence, a delegation of the Yucatan Republic was sent to Washington D.C., on the orders of then president Santiago Méndez Ibarra.
GDP Per Capita for Latin America and the Caribbean as a single region is projected to increase from $9980 USD in 2010, to $12,000 in 2020 representing an increase of 120%, with a growth rate lagging behind most of the world according to data from The Frederick S. Pardee Center for International Futures. The chart below…
Below is a depiction of government debt levels for the seven largest economies in Latin America. Government debt accounted for approximately 46% of GDP across Latin America in 2011. As of 2011, European Union countries an average between 60% for the EU 15, and 74% for all European Union countries. (The EU15 comprised the following 15 countries:…
According to the Madrid based Spanish daily newspaper ABC, exit polling showed opposition candidate Henrique Capriles with a lead of 51.3% over incumbent Hugo Chávez’s 48.06% with an hour left to vote during Sunday’s presidential election in Venezuela. [1] Other reports before the election showed Capriles with a strong lead. [2] Official reports listed Chávez…
Since initiating market reforms in 1990 under the administration of President César Gaviria, Colombia’s economy has climbed from a GNI of $38 billion to over $435 billion today [1], with an expected growth rate of %4. GDP per capita increased a full 496% in the same time period; from $1,600 in 1990, to an estimated…
That Juan Peron was a fascist is debatable; that his policies were damaging to Argentina’s economy is not. Therefore, the decision to honor his wife on the country’s largest banknote may be surprising to observers, especially given recent inflation, and concerns about a stagnating economy. Sitting Argentine President Cristina Fernandez’s policies have been described as…
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