Last week, Mr. Obama returned to capitals in Latin America with a vastly different message. Relationships with countries racked by drug violence and organized crime should focus more on economic development and less on the endless battles against drug traffickers and organized crime capos that have left few clear victors. The countries, Mexico in particular, [...]
2013 May 05 | Posted in
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The United States is refusing to acknowledge Nicolas Maduro as the rightfully elected President of Venezuela in a razor-thin victory. The U.S. is also calling for a “credible and transparent process to reassure the Venezuelan people regarding the results.” Shortly thereafter Venezuela’s Supreme Court announced there would be no recount. Secretary of State John Kerry [...]
CARACAS, Venezuela — President Hugo Chavez of Venezuela died Tuesday afternoon after a long battle with cancer, the venezuelan government announced. His departure alters the political balance in Venezuela, and in Latin America, where Mr. Chávez led a group of populist governments. With the president’s death, the Constitution says that the nation should “proceed to [...]
Uncertainty is hanging over Venezuela three days ahead of the scheduled swearing-in of President Hugo Chavez, who is struggling to recover from his fourth cancer surgery in 18 months in Cuba. The country’s main opposition coalition insists that Chavez must take at least a temporary leave if his health keeps him from taking the oath [...]
Although the streets of Caracas remain strewn with campaign flyers and posters, the winners and losers of Venezuela’s intense presidential battle are already looking ahead to regional elections in December and wondering how the president’s precarious health may affect his next six years. President Hugo Chávez, the 58-year-old former military officer and South American socialist, [...]
During the last six months, Iran is developing an offensive in Latin America. Tehran views the latinamerican region as one of the main points to overcome its increasing international isolation due to its nuclear program. The Iranian strategy is comprehensive. For example, a few weeks ago, the inhabitants of Quito were surprised by [...]
2012 Jul 02 | Posted in
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Moody’s Investors Service says that during 2011, Venezuela´s domestic currency, its foreign currency government bond ratings, and unstable outlook reflect very weak political and economic institutions marked by an absence of checks and balances on executive authority, as well as a highly pro-cyclical fiscal policy (more income, more spending) evidenced by a rapid increase in [...]
As recently reported in the New York Times, Honduras is the newest front in America’s drug war. Recent anti-narcotics operations in Mexico have forced over 90 percent of US-bound cocaine from Colombia and Venezuela through Central America. Over 30% of it passes through Honduras, which as a result now has one of the highest homicide rates on the planet. The [...]
2012 May 09 | Posted in
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Jaime Alberto Marín Zamora, a Colombian cocaine kingpin, has been sentenced to more than 16 years in federal prison after pleading guilty to US drug trafficking charges. A judge in Miami imposed the sentence today on the 47-year-old, a former leader of Colombia’s North Valley cartel. He had faced up to 24 years, but prosecutors [...]
2012 Mar 28 | Posted in
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A Colombian army attack against a FARC camp has left 33 guerrillas dead in an oil region bordering Venezuela, the sharpest blow struck by security forces against the rebel group in the last year, that government said Wednesday. The offensive against a column of the leftist Revolutionary Armed Forces of Colombia (FARC) took place in the northeast department of Arauca, the same [...]
2012 Mar 22 | Posted in
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