Hugo Chavez mural in Caracas.
Americas / Blog

Venezuela Chokes on Failed 20th Century Policies

Hugo Chavez mural in Caracas.

Venezuela has sunk into chaos owing to the recent drop in oil prices, which constitutes 93% of its exports (combining crude and refined petroleum), leading to ludicrous inflation rates, electricity shortages, food shortages, and looting. On top of this Venezuela also has one of the world’s highest homicide rates and …

Protestors march in opposition to the Free Trade Agreement, b.wu via Flickr creative commons
Americas / Americas

The Colombian Free Trade Agreement: Exposing the Facade

Protestors march in opposition to the Free Trade Agreement, b.wu via Flickr creative commons

Colombia is a country on the rise. Lauded by the West as an example of how a country can overcome internal strife and civil conflicts by embracing neo-liberalism and free-trade capitalism, welcoming multi-national corporations, collaborating with the US against drug gangs, …

The Left united; Venezuela's Chavez, Brazil's Rousseff, Uruguay's Mujicia and Argentina's Fernandez de Kirchner
Americas / Blog

Dilma shows the Left’s endurance in Latin America

The Twentieth Century – particularly its second half – was not a particularly fruitful time for progressive, left-of-centre, or even democratic politics in Latin America. Barring the few strongholds of socialism, chief among them Cuba, the Republics in the USA’s ‘back yard’ were governed in large part by authoritarian strongmen often supported by Washington, and …

Political South America
Americas / International Development

Latin America Needs to Remember its New Middle Classes

 

Political Map of South America – CIA World Fact Book via Wikimedia Commons

When international media, organisations and governments talk of the middle class in the developing world, it is often prefixed with terms such as ‘emerging’ or ‘expanding’. In 2011, the World Bank announced that more of Latin America’s population were middle class than …

Brazilian-owned Petrobas’ Oil Platform P-51 will produce about 180 thousand barrels of oil when fully operational. http://en.wikipedia.org/wiki/File:Oil_platform_P-51_(Brazil).jpg
Americas / Blog

Oil Wealth in Latin America: A Double-Edged Sword

Brazilian-owned Petrobas’ Oil Platform P-51 will produce about 180 thousand barrels of oil when fully operational. Photo Source: Divulgação Petrobras/ Agência Brasil via Wikimedia Commons.

Brazil, the 7th largest economy in the world, is planning to triple its oil production by 2035. Currently, Venezuela holds the largest supply of proven reserves in the world, outranking …

Americas / Blog

The UK should send Clegg to Latin America

Nick Clegg addressing the Mexican Senate in 2011. Image Source: El Universal.

The emerging economies of Latin America provide a great opportunity for foreign governments to invest and improve bilateral trade and diplomatic relations. Within the international community, Britain is in a hugely favourable position to make an impact in the region. Historic ties go …