Yes, ladies and gentlemen, Venezuela’s economy is in the crapper as it completely runs out of toilet paper. That’s what Chavez’s Socialism for the 21st Century brings you.
What the hey? Mayan Pyramid Bulldozed for Gravel
The government in Belize said it is pursuing an investigation into a road-building company after the near destruction of one of the largest Mayan pyramids.
What happened here?
Mexico Grows at Slowest Pace in Three Years
Mexico cut its growth forecast on Friday after the national statistics agency reported the economy had expanded at its slowest pace in three years, clouding optimism surrounding the president’s introduction of an aggressive reform agenda.
Puerto Rico Sets Plans for Bond Sales
Puerto Rico aims to sell more than $3.4 billion in municipal bonds this year, it told investors, highlighting the fiscally troubled island’s reliance on credit markets.
Scarcity was much cooler under Chávez
The Crappiest Economy?
Sucks to be Venezuelan: the country has run out of toilet paper, thanks to price controls straight out of a Woody Allen movie. Daniel Gross on Bolívar’s backward business legacy.
The week’s posts and podcast:
Guatemala: The Gen. Rios Montt decision
Podcast: (audio starts immediately) Repression in Cuba plus US-Latin America issues