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Gregory Makoff’s book is a fair and comprehensive look at what became the trial of the century for sovereign debt
CEOs of Trafigura, Vitol and Gunvor say they have learned lessons from the 2010s scandals
...Producers in free markets in Latin America, meanwhile, are cashing in....
Claudia Sheinbaum strikes a contrast to mentor López Obrador at bankers’ conference
...At dawn one Friday in May 2023, armed Mexican marines filed into a rural railway station in the state of Veracruz and seized a portion of privately run train line....
...“Noboa cannot be a Bukele because he cannot win like Bukele has,” said Sofía Cordero, a Quito-based political scientist at the Observatory for Political Reforms in Latin America....
...Panama, once Latin America’s star economy, is close to losing its investment-grade status as another ratings demotion looms, with the next president set to inherit its biggest economic challenge in decades...
...Over at GlobalCapital, Oliver West is also suitably 👀👀👀👀👀: Latin American governments love to innovate to get out of tricky debt situations, and — to some extent — it worked....
Pemex CEO says rating agencies and investors calling the Mexican state group a ‘bottomless barrel’ or ‘bankrupt’ are ignorant
...“They are stuck with this sort of kabuki pantomime of trying to put on a show of blocking people, which they’re kind of good at,” said Adam Isacson, a migration expert at the Washington Office on Latin America...
Corruption has discredited an entire political class
...Ilan Goldfajn, IDB president, said Latin America and the Caribbean faced a triple challenge from rising social demands, scarce government resources and climate change but also a “great opportunity” to address...
...The paper explores why Jamaica — which has spent most of its time as an independent country in some kind of IMF programme — seemingly turned into a Caribbean Germany sometime around 2013....
...Tens of thousands of Haitians voted with their feet, emigrating to the US or elsewhere in Latin America. The country’s institutions largely ceased to function....
What lessons can we learn from Jamaica’s example?
...Washington has maintained a trade embargo against Cuba, which is just 153km from the US at the closest point, since the Caribbean island’s revolution led by the late Fidel Castro in the 1950s....
Dina Boluarte reshuffles ministers in face of probe into illicit enrichment
...Latin American leaders from across the political spectrum have condemned Ecuador’s actions, and the US, EU and the UN have all joined a chorus of criticism....
...The G-9 received half its income from Moïse’s government before his death, according to InSight Crime, which investigates criminal networks in Latin America....
...Other countries from Africa, the Caribbean and Central America, including Senegal, Chad, Jamaica, the Bahamas and Belize have also said they will send manpower....
...There are precedents involving other political movements in Latin America, such as the Farc in Colombia. But the gangs in Haiti have no political agenda....
Also in today’s newsletter, a new attack on ESG from Texas
Ex-oil minister Tareck El Aissami among those accused of engaging in ‘economic conspiracy’
...Millions of people are expected to watch a total solar eclipse sweep across North America on Monday, offering rare views of the star that sustains life on Earth....
...Haiti has named the members of the transitional council expected to take over government of the Caribbean nation and try to deal with a deepening security and humanitarian crisis....
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