South And Central America
Like North America and Africa, the region is blessed with ample natural resources, water and farmland. It features climatic variety and easy access to the oceans. Its countries have avoided participation in major wars. The region is plagued, however, by inefficient governance and a lack of fiscal discipline, which has led to political instability, corruption and abrupt regime changes.
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Opinion: Ortega’s madness, or Nicaragua under Covid-19
President Daniel Ortega has slowly taken Nicaragua down the path of dictatorship. With the economy in free fall and poverty on the rise, the government in Managua has resorted to brutal repression to keep a lid on social unrest. Then the coronavirus pandemic hit the country, making a bad situation worse.
Peru’s precarious stability
For years, Peru has outpaced its neighbors, achieving robust economic growth despite numerous political crises. Its informal economy has helped fuel that growth, but now poses a huge risk due to the coronavirus pandemic. To continue its rise, maintaining order, attracting investment and keeping Chinese influence at bay will be ...
Brazil: What lies ahead for President Bolsonaro
President Jair Bolsonaro came into office in the aftermath of a deep recession. So far, his deregulatory reforms have shown his commitment to a pro-market agenda and have already brought tangible benefits to the Brazilian economy. However, he lacks popular support at the moment, and many are calling for impeachment. ...
Opinion: Venezuela desperately needs humanitarian assistance
In Venezuela, President Nicolas Maduro is surreptitiously selling off oil assets. The EU is trying to set up negotiations between the government and the opposition. The U.S. is pushing for regime change. All of these attempts to solve the Venezuelan crisis fail to address a crucial factor: the growing suffering ...
Chile: A paragon of democracy suffers a hiccup
For months now, Chilean protesters have been clamoring for political change. President Sebastian Pinera has tried to assuage tensions by investing in social programs, but the measures have proven insufficient in the eyes of the population, who continues to demand a new constitution. Meanwhile, the Chilean peso has become volatile ...
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