The Carnival of Latin America and the Caribbean

LatinAmerThe week’s must-read? This: Documents show depth of U.S. concern over Mexico violence. As I’ve been saying for nearly a decade, border security is national security.

ARGENTINA
Argentina’s Fading Diva

Junk bond news: Specialist in Long Shots Bets on Argentina
David Martinez, head of a hedge fund that specializes in distressed debt, has made an unusual call: Invest in Argentina.

“You can see light at the end of the tunnel,” Mr. Mariscal said, “but you don’t know if it’s the train coming towards you.”

BOLIVIA
Skulls said to have miraculous qualities at the center of annual festival in Bolivia

BRAZIL
Before Global Games, Rio Is Fighting to Dim Red Light. Good luck with that.

Brazil’s oil industry
Bustista
Eike Batista’s oil firm files for bankruptcy protection

CHILE
Chile’s presidential election
Cruising back to La Moneda
A more left-wing Michelle Bachelet is set to win on a tide of social discontent

COLOMBIA
In pictures: Beyond El Dorado at the British Museum

Filling the FARC-Shaped Void

No pause in FARC peace talks for elections

CUBA
Michael Totten is Home From Cuba,

That is one truly strange place. It’s right there alongside Libya under Moammar Qaddafi in the bizarro department. I’m glad I went, but I’m even more glad to be out of there.

US hijacker William Potts returns from Cuba
An American man who hijacked a plane in 1984 and forced it to fly to Cuba has returned to the US.

ECUADOR
Indigenous peoples
Death in the Amazon

Attempt to Rehabilitate Chevron Judge Gets Very Weird

Chevron’s lead lawyer, Randy Mastro, had some success this week showing that [Ecuadorian judge Nicolas] Zambrano doesn’t seem to know very much about the record-breaking decision he supposedly rendered. When asked, the former Ecuadorian judge couldn’t name key elements of the ruling, such as the most powerful carcinogenic substance it cited or a crucial scientific study purporting to link oil contamination to human illnesses. He also struggled to explain how he was able to deploy French, American, and Australian case law in the ruling, since, as he conceded, he does not speak or read French or English.

The Chevron RICO trial grinds on

Phila. lawyer tells how Ecuador case against Chevron unraveled

GRENADA
An Army Ranger Gives an on Ground Account of the War in Grenada

GUYANA
The US Treasury as the Birthright of All Mankind

JAMAICA
BBC criticised over Jamaica Inn filming in Kirkby Lonsdale

LATIN AMERICA
From Brookings: The Upcoming Electoral Cycle in Latin America in the Midst of Social Unrest: What Lies Ahead?

MEXICO
Tunnel for Smuggling Found Under U.S.-Mexico Border; Tons of Drugs Seized
The sophisticated underground passageway featured electricity, ventilation and an electronic rail system and took about a year to build, officials said.

Documents show depth of U.S. concern over Mexico violence

NICARAGUA
Sandinista Constitutional reforms will institutionalize first lady’s precepts of ‘Christian, socialist and solidarity’ via Boz

  • Increases government control over radio, television, telephone and internet services, including requirements for local control and data storage.
  • Institutionalizes various FSLN organizations into the government and constitution, further merging the government and party (which would have serious repercussions if the FSLN did lose an election some day in the future, in that the party would still retain control over aspects of government).

PANAMA
Panama Canal’s LNG Surprise to Redefine Trade in Fuel: Freight

LNG carriers will cross the 48-mile waterway 350 times a year, and voyages to Asia from the U.S. will cost 24 percent less than longer routes, according to calculations from the canal authority. The expected 12 million tons, assuming half the transits are hauling cargoes, would be equal to about 5 percent of the world’s trade in 2012, Fearnley Consultants AS estimates.

The U.S., now the world’s largest producer of natural gas because of the extraction of fuel from shale rocks, will account for much of that traffic as it becomes the third-largest exporter of LNG by 2020, Morgan Stanley estimates. With American energy independence now at a 27-year high of 86 percent, the route will boost exports to Japan, offsetting nuclear-power generation lost after the earthquake and tsunami in March 2011.

PARAGUAY
Paraguay says can be launch pad for Israeli technology in Latin America
With a favorable tax system, stable business environment, Paraguay could be key to providing Israeli innovators with access to broader Latin markets, says Paraguayan minister.

PERU
Peru’s central bank sees gloomier economic growth

PUERTO RICO
De Blasio, in Puerto Rico, Finds Relaxation and Fellow Red Sox Fans

On Vacation, With Politics
Mayor-elect de Blasio Attends Somos El Futuro Conference in Puerto Rico

Is Puerto Rico the next Greece? Nest eggs could suffer

La Mallorquina, open since 1848, closed:

My grandparents used to take the family (of 12!) to eat there in the 1920s and ’30s.

SURINAME
Suriname leader’s son on terror charges
The son of Suriname’s president is charged by the United States with attempting to provide material support to the Shia militant group Hezbollah.

VENEZUELA
Desperation News and Views

Miami Herald reporter held for second night in Venezuela while covering economic crisis; he was released on Saturday and is back in the USA.

Real life: Venezuela’s Maduro orders military occupation… of electronics stores

John Hinderaker watches the pageants and posts lots of pictures: MISS UNIVERSE: A FINAL PREVIEW [UPDATED WITH RESULTS]

The week’s posts and podcast:
Chile: Left turn coming up

Venezuela burns down Mexican plane

Obama makes campaign stop, meets Coco & Berta

Venezuela: Entire medical system collapsing

Chile: Neruda wasn’t poisoned

Venezuela: ADS in the slums

Latin America: Mexico and the Expanding Hemispheric Crime and Terror Crises

Colombia: Things are about to get worse

Mexico: Templars, Inc.

Cuba: The FARC rides the yacht

Podcast:
With Jerry Brewer on Silvio Canto’s podcast


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2 Responses to “The Carnival of Latin America and the Caribbean”

  1. Kermit Says:

    What are the regulations for LNG tankers’ transit of the Panama Canal? Here in the U.S. they travel only with USCG escort and a buffer of a few miles with no other ship traffic, or even small boats, near them.

  2. Fausta Says:

    I don’t know, Kermit.