Friday, April 3, 2009

Awkward Encounter Between Chrstina Kirchner and Barack Obama at G-20

Thursday, April 2, 2009

Argentines Mourn Alfosin

Mourners lined up for hours to pay homage to former President Raul Alfonsin and praise poured in from around South America on Wednesday for the man who helped guide the continent back to democracy after military dictatorships killed thousands."

Sunday, March 29, 2009

The Waning Popularity of the Kirchners

The high price of agricultural commodities has led to strong economic growth for Argentina since their economic crisis in 2001. With large coffers, the Kirchners have been able to spend enough money to keep their constituents content; however, the global crisis threatens to further erode the Kirchners support. Sensing their rapidly deteriorating popularity, they are pushing to move up the mid term elections from October to June to help keep their loyal Peronists in power.

The Economist

Monday, March 23, 2009

Water Scarcity...A Look at the Future

How not to deal with water rights....

"Quillagua is among many small towns that are being swallowed up in the country’s intensifying water wars. Nowhere is the system for buying and selling water more permissive than here in Chile, experts say, where water rights are private property, not a public resource, and can be traded like commodities with little government oversight or safeguards for the environment."

Monday, March 9, 2009

No Hay Monedas

The coin shortage in Argentina continues...

"Welcome to the world's strangest economic crisis. Argentina in general—and Buenos Aires in particular—is presently in the grip of a moneda, or coin, shortage."

Thursday, February 26, 2009

CIA Bets Against Argentine Economy

Washington Post:

"The spy agency is following worrisome trends in many corners of the globe, from East Asia to Latin America. In private meetings yesterday, Latin American intelligence officials warned their U.S. counterparts of a crisis spreading throughout the hemisphere, particularly in Argentina, Ecuador and Venezuela, Panetta said."

Tuesday, February 24, 2009

Argentine Farm Conflict Continues

The year long farm conflict continues in Argentina. The farmers stopped selling cattle and grains on Feb 20th in effort to force the government to lower taxes. Last year, congress voted down a proposed export tax increases on commodities. The tie breaking vote was from Vice President Cobos, who went against President Kirchner and sided with the farmers. The crisis continues to further damage the economy.