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Region’s newest growth engine gathers pace
On 23 May the VII Pacific Alliance summit closed with the heads of State of the trade bloc’s four member countries (Chile, Colombia, Peru and Mexico) inking an agreement which establishes the rules for the full liberalisation of trade within the bloc.
LatinNews Daily Report - 24 May 2013
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Santos declares his hand – but keeps ace up his sleeve
In the face of unremitting speculation Colombia’s President Juan Manuel Santos has revealed that he will seek the re-election of his government’s policies in May 2014. This is tantamount to saying that he will seek re-election, especially as he named a stellar team to lead the campaign, stewarded by none other than Germán Vargas Lleras, his top minister, who has quit the cabinet. It is a deft move by Santos because it means that if he suffers a serious reverse in the polls between now and November, when he would need to declare his candidacy officially (and only a public security crisis or the unravelling of the peace talks with the Fuerzas Armadas Revolucionarias de Colombia [Farc] is likely to cause that), Vargas would be well-positioned to run in his stead, keeping his government’s policies alive.
Weekly Report - 23 May 2013 (WR-13-20)
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Cristina in a Peso tangle
Argentina’s president has insisted that her government will not devalue the peso. Many economists and voters don’t believe her.
Latin American Economy & Business - April 2013 (ISSN 1741-7430)
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US ‘war on drugs’ shrinks as traffickers adapt, again
The US ‘war on drugs’ is shrinking as a result of budget cuts, at a time when the ‘balloon effect’ — the drug producers’ and traffickers’ adaptation to the successive improvements in supply-reduction and interdiction — is not only modifying transit routes but also, some indicators suggest, shifting the product mix towards synthetic drugs and, some believe, a return to cannabis.
Security & Strategic Review April 2013 (ISSN 1741-4202)
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The Won Decade?
Sunday 25 May marks ten years of Kirchnerismo in Argentina. In the Plaza de Mayo in central Buenos Aires a stage has been set up ahead of a party to celebrate what the government is calling ‘La Década Ganada’ - the ‘Won Decade’. Ten years ago, Néstor Kirchner became president, with just a 22% share of the vote, of a country convulsed by economic and social upheaval following a sovereign default in 2001. Though the decade since his election has been peaceful and prosperous in comparison, commentators will be watching Sunday’s rallies carefully to gauge the continued extent of support for Kirchnerismo, as embodied by Nestor’s wife and successor, Cristina Fernández, amid spiralling inflation, autocratic governance and increasing evidence of corruption.
Brazil & Southern Cone - May 2013 (ISSN 1741-4431)
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