Archive for the ‘Argentina’ Category

Argentina: What do Pope Francis and George Soros have in common?

Tuesday, September 23rd, 2014

Answer: Cristina is praying to both of them in her fight to avoid paying at all costs.

Since Argentina’s demotion to “unclassified market” status due to stringent capital controls kicked it off the FTSE’s frontier equity index, Cristina’s playing footsie elsewhere.

Enter Pope Francis, George Soros, and Ban Ki-moon.

Pope Francis meets Argentine President Cristina Fernandez de Kirchner, at the Vatican, Saturday, Sept. 20, 2014. (AP Photo/Tony Gentile)©AP

Pope Francis and Argentine president Cristina Fernandez met at the Vatican during the weekend

Argentina appeals to a higher authority in fight with creditors

In New York,

Cabinet chief Jorge Capitanich gave no details on what Fernandez and Soros would discuss. Local media reported Fernandez would be looking to shore up support for her unflinching stance against a small group of investors whose decade-long debt row with Argentina triggered July’s default.

Fernandez is in the United States ahead of the United Nations General Assembly, as relations between Buenos Aires and Washington sour over the role a U.S. court played in Argentina’s debt saga.

“Today’s international agenda begins with a meeting with U.N. Secretary General Ban Ki-moon and also George Soros,” Capitanich told reporters.
. . .
Soros’ Quantum Partners hedge fund is one of four creditors that sued BNY Mellon in London last month, accusing the trustee agent of protecting its own interest by obeying the court.

I’m not sure what the hey does the Pope have to do with any of this, but you can do great shopping in Rome on a weekend trip.

While Cristina travels in style, the Argentinian government does not have a strategy to solve its domestic economic problems.

The celebrity junket Carnival of Latin America and the Caribbean

Monday, September 22nd, 2014

LatinAmerI had another Capt. Louis Renault moment this week, provoked by Mia Farrow, of all people. The ex-Mrs Sinatra apparently received from PR firm MCSquared $180,000 for visiting Lago Agrio in Ecuador. Then Ecuador hired another PR firm, Ketchum (Putin’s American flack), to go after Paul M. Barrett for writing a book. Do read Barrett’s book Law of the Jungle, and Judge Kaplan’s 497-page decision, if you haven’t already.

ARGENTINA
Watch: man films attempted gunpoint robbery on GoPro
A tourist travelling to every country in the world captures the terrifying moment an alleged robber points a gun at him in Buenos Aires, Argentina

BOLIVIA
Bolivian President Evo Morales has a dream … to open a barbecue restaurant
Bolivian President Evo Morales is slated to win next year’s election to serve a third term until 2020 but he’s already thinking about life after retiring from politics.

I was hoping for a bakery,

BRAZIL
Brazil cardinal robbed of crucifix at gunpoint
Cardinal Dom Orani Tempesta, archbishop of Rio de Janeiro, held by three armed men as they steal his crucifix and ring

CHILE
Suspect in Chile Bombings Was on Parole

COLOMBIA
Colombia Tightens Borders to Keep Out Ebola

CUBA
It’s official: Raul Castro invited to Latrine Summit

ECUADOR
China and Ecuador Agree to Strengthen Military Ties

Where’s Preet? The unasked question in Chevron v. Donziger

IMMIGRATION
WATCH: Wait’ll You See What Obama’s DHS Boss Just Admitted About Terrorists At Our Border
DHS Secretary Johnson tried to argue that Republicans can be blamed…

JAMAICA
Jamaica on US drug list
Named among 22 major producing, transit countries by President Obama

MEXICO
Mexico Continues Airlift, Clean-Up After Hurricane Odile
State Authorities Report Three Deaths From Storm

NICARAGUA
She survived a plane crash. Now she’s revolutionizing health care in Nicaragua
After narrowly escaping plane’s wreckage, Vivian Pellas seeks to revolutionize medical care for other burn victims in the developing world.

PANAMA
Panama’s Supreme Court Confirms New Trial Against Noriega

PERU
Peru’s economy
Replacing the pilot
, as Alonso Segura replaced for his long-serving boss, Luis Miguel Castilla, on September 14th.

PUERTO RICO
Puerto Rico’s main barrier for Caribbean trade and exports is logistics

URUGUAY
Guardian puff piece on José Mujica: is this the world’s most radical president?
Uruguay’s José Mujica lives in a tiny house rather than the presidential palace, and gives away 90% of his salary. He’s legalised marijuana and gay marriage. But his greatest legacy is governing without giving up his revolutionary ideals

VENEZUELA
Venezuelan cartoonist ‘fired’ over healthcare satire
Rayma Suprani says she was axed after representing Chávez’s signature as a flatline heartbeat in protest over health system

Venezuela’s economy
Of oil and coconut water
Probably the world’s worst-managed economy

S&P Downgrade Of Venezuela’s Debt To Add To The Noise

Venezuela’s Criminal Gangs: Warriors of Cultural Revolution

Les fraudeurs

The ongoing Damage to the Venezuelan Economy

The week’s posts:
Venezuela: Beyond-the-grave nepotism

Venezuela: What hemorrhagic fever? UPDATED

Argentina: Cristina’s vultures

Venezuela: Celebrities’ ire

Ecuador: Celebrities for hire

En español: Guillermo Padrés en la Unidad de Quemados

Ecuador: If Correa ain’t happy . . .

Is ISIS at the border? UPDATED

Venezuela: What do El Puma & Ricardo Hausmann have in common?

Beethoven goes salsa

At Da Tech Guy Blog:
And now for something completely different

Why the game should stand tall, a review of When the Game Stands Tall


Argentina: Cristina’s vultures

Friday, September 19th, 2014

Argentinian president Cristina Fernandez has taken time between Botox injections to indulge in more name-calling.

No longer satisfied to refer to Argentina’s creditors as vulture funds, she now has vulture airlines:

Cristina tilda de ‘buitres con turbinas’ a American Airlines Cristina dubs American Airlines ‘vultures with turbines’

Why?

American Airlines will not sell tickets in Argentina more than 90 days in advance. Cristina says this is an “attack against the country to cause uncertainty” about the currency.

Considering how Argentina joins the Venezuela School of Economics by passing laws

that cap consumer prices of goods, set profit margins for private businesses and levy fines on companies found to be making “artificial or unjustified” profits

AA is worrying about getting paid. Over in Venezuela, the government is withholding US$3.6 billion in airline ticket revenue.

UPDATE
Linked to by Babalu. Thank you!


The third Monday in September Carnival of Latin America and the Caribbean

Monday, September 15th, 2014

LatinAmerARGENTINA
Judge Thomas Griesa Rules Against NML Capital in Argentine Debt Case
Citibank Doesn’t Have to Hand Over Documents in Hedge Fund’s Bid to Block Next Interest Payment

Argentina: Down the Tubes, Again

BOLIVIA
A Nuclear Bolivia? Why Not?

BRAZIL
Pelé unveils unique football pitch where players’ energy produces electricity
Brazillian football legend launches a revolutionary artificial pitch that converts players’ energy into electricty to power Rio de Janeiro favela

Brazilian Tycoon Faces Criminal Charges
Brazil’s federal prosecutors have filed criminal charges against Brazilian businessman Eike Batista, compounding the legal woes of the once high-flying entrepreneur.

CHILE
Memory is not history
“Dirty war” memorials should not be used to rewrite the past

The historical truth silenced by “memory” is that the cold war in Latin America was fought by two equally authoritarian sides. Argentina’s coup in 1976 was triggered in part by the violence of the Montoneros, a leftist-nationalist guerrilla group of which several of Ms Fernández’s officials were members.

In Chile, too, memories of history can be incomplete. The museum in Santiago is not trying to impose an interpretation of history, just recounting facts, Ms Bachelet told Bello in July. Yet the only clue that Allende’s government, through its attempt to impose a Marxist programme, had itself contributed to the breakdown of democracy and “the destruction or weakening of many points of consensus” is contained in a quote from a Truth Commission of 1991, which is inscribed on a wall tucked away by the toilets. Allende will be commemorated on this week’s anniversary of the coup as a fallen hero of democracy, with no mention of his own mistakes—even Zhou Enlai, then China’s leader, warned him that he was moving too fast towards communism.

Chile MP charged over 1981 killings
Chilean MP Rosauro Martinez is charged with the killing of three left-wing militants during the dictatorship of Gen Augusto Pinochet.

COLOMBIA
Chikungunya infections spread to Colombia

COSTA RICA
Costa Rica seizes 1.5 tons of pot in chase at sea

CUBA
Cuba to send doctors to Ebola areas

Cuban Political Prisoner of the Day, Daniel Enrique Quesada Chaveco, Sept. 13, 2014

Gerard Depardieu, great friend of the Castro dynasty, avatar of hypocrisy

DOMINICAN REPUBLIC
Poll Shows Dominicans Most Worried About Crime, Economy

ECUADOR
State Oil Firms to Invest $400 Million in Ecuador Oil Block
Exploration in the 490,000-Acre Oil Concession to Start in January

Ecuador’s Petroamazonas will have a 51% stake in the project, while Sipetrol SA, a unit of Chile’s state-owned Empresa Nacional de Petroleo, or Enap, will own 42% and Belarus’s Belorusneft will have the remaining 7%.

EL SALVADOR
Even Stronger: Truce Between El Salvador Gangs Has Unintended Consequence

But free of violence does not mean free of gangs. The entrance to Ilopango is still controlled by the Mara Salvatrucha, while a northern stretch of the suburb is controlled by 18th Street. Nothing about the agreement has impeded Gonzalez or any of his gang from walking around freely and exerting full control. In fact, it’s only strengthened their power.

GUATEMALA
Firms from Russia, China, Spain, U.S. Interested in Guatemala Pipeline

Companies from Russia, China, Spain and the United States are interested in participating in the construction of a pipeline linking Mexico and Guatemala, the Central American nation’s economy minister said Thursday.

HAITI
Ex-President of Haiti Put Under House Arrest

JAMAICA
In Jamaica, Rastas Ready for Pot Decriminalization

MEXICO
Iran’s Foreign Minister Mohammad Javad Zarif calls for deepening of ties with Mexico

ICE OFFICIALS DEPORT MEXICAN NATIONAL WANTED FOR MURDER

NICARAGUA
Nicaragua Requests U.S. Help in Investigating Meteorite

PANAMA
Egypt issues stamps to mark new Suez Canal – but uses pictures of Panama Canal
The multi-billion pound scheme to widen the canal was announced last month, but officials have suffered a series of false starts

PARAGUAY
Paraguayan bus drivers in crucifixion protest

PERU
Assassinations in the Amazon: how will Peru respond?
Indigenous leaders killed near Brazil border following logging and land title battle

PUERTO RICO
Puerto Rico Finds It Has New Friends in Hedge Funds

VENEZUELA
Venezuela to charge two opposition activists deported from Colombia last week
Lorent Saleh and Gabriel Valles, two Venezuelan opposition activists, will face charges after they were deported last week from Colombia.

Venezuela Arrests 64 for Anti-Maduro Protests: Rights Group

Now what? Venezuela on static noise

Venezuela’s ongoing collapse

Glen Chavez?

The week’s posts and podcasts:
Venezuela: The next default

Venezuela: Deadly new illness

Today’s illegal invasion headlines

En español: Unidad de quemados

Chile seeks foreign help in subway bombing case

September 11: In memory of Joe Angelini, Jr.

55 years a slave: The new Cuba-Brazil human traffic

Venezuela, springboard for Hezbollah

Puerto Rico: Trump golf course defaults

Chile: Terrorist attack injures 14

This week’s podcast:
US-Latin America stories of the week with Fausta Wertz editor of Fausta’s Blog

At Da Tech Guy Blog:
“Obama’s Betrayal of the Constitution”

Gov. Walker and the curious case of the district attorney’s wife

The postponed amnesty Carnival of Latin America and the Caribbean

Monday, September 8th, 2014

LatinAmerHow convenient: Abandoning his pledge to act by the end of summer, President Barack Obama has decided to delay any executive action on immigration until after the November congressional elections, White House officials said.

ARGENTINA
Argentine High Court to Rule on Right-to-Die

Behemoth Argentine dinosaur Dreadnoughtus made T. rex look puny
Researchers are studying the remains of a colossal, long-necked dinosaur, named Dreadnoughtus meaning “fearing nothing”, that shook the Earth about 77 million years ago

Gustavo Cerati: Argentine rock legend dies after long coma

BOLIVIA
Blind jazz prodigy, aged nine, wowing Bolivian audiences

BRAZIL
Auto Production Falls Sharply in Brazil

Brazil’s Politicians Often Play the Clown in Ads

CHILE
Central Bank Cuts Forecast for Chile’s Growth in 2014

COLOMBIA
Colombia Expels Venezuelan Opposition Student Activist Lorent Gomez Saleh

ECUADOR
Correa-Tied Anti-Piracy Firm Targets Reporters Investigating Ambassador
Days after Ecuadorian news outlet exposed potential corruption, Ares Rights filed a copyright complaint

EL SALVADOR
El Salvador ex-head hands himself in
El Salvador ex-President Francisco Flores hands himself in to a judge after months on the run from allegations of corruption.

GUATEMALA
Prisoner Faces New Charges

HONDURAS
Gun Deaths in Honduras Double in 9 Years

JAMAICA
Unresponsive plane crashes into seaIn this July 11, 2009, image obtained from the US Navy, Two F-15 Strike Eagles assigned to the Louisiana Air National Guard 159th Fighter Wing fly over southern Louisiana’s wetlands during a photo exercise
A private plane tailed by US fighter jets when it failed to respond to air traffic control, crashes off Jamaica, with an American couple on board.

MEXICO
Amnesty says torture rife in Mexico
Torture is still rife in Mexico and routinely used to extract confessions, human rights organisation Amnesty International says.

Billboard Drives Home Extent of Corruption as Schools Suffer

NICARAGUA
5 gold miners still trapped in Nicaragua

PANAMA
Panama Canal expansion dredges up treasure

PARAGUAY
Peru’s Congress Denounces Former President Toledo for Money Laundering

PUERTO RICO
Puerto Rico Luring Buyers With Tax Breaks

URUGUAY
Pepe Mujica a Libertarian? If Only…
Talk Is Cheap for Uruguay’s “Humble President”

VENEZUELA
Dude, Your Strategic Fund Has Less than a Week’s Worth of Imports In It

There IS Too Much Money To Be Made In The Bolivarian Revolution Part II: The Cadivi Rackets

Ciudad Guayana: In Venezuela’s model city, a dream sputters
Amid labor conflicts, a once-proud industrial city is a monument to the nation’s economic woes.

PDVSA Said to Hire London PR Firm as Venezuela Struggles

The week’s posts:
Brazil: Marina Silva is now frontrunner

US Signs Agreement with Mexico to Protect Mexican Workers–Including Illegals

Iran’s tango with Latin America

En español: Jennifer Lawrence en la Unidad de Quemados

Chile: $30m of cocaine and marijuana seized

Corruption: Brazil not on the map

US can’t locate 60,000 on student visas

Venezuela: Chavista Lord’s Prayer UPDATED

At Da Tech Guy Blog:
The week in the administration

Just what are “immigration rights”?


The ISIS border terror alert Carnival of Latin America and the Caribbean

Monday, September 1st, 2014

LatinAmerJudicial Watch has an Imminent Terrorist Attack Warning By Feds on US Border, which, as Andrew McCarthy explains,

this is not a surprise — particularly less than two weeks before September 11. But it is nonetheless jarring to read.

ARGENTINA
Argentina workers claim general strike ‘successful’
Labour groups opposed to Argentine President Cristina Fernandez say the second general strike of the year has been a success
.

More bat-shit craziness: Argentina contemplates moving capital from Buenos Aires
Buenos Aires is seen as being geographically remote from much of the rest of the country
Buenos Aires could be replaced as capital of Argentina by a city 600 miles to the north [Santiago del Estero], under a plan floated by Cristina Kirchner

BOLIVIA
Bolivia Seizes Guns Bound for Brazilian Crime Outfit, the intended for the gang known as the First Capital Command (Primeiro Comando da Capital, or PCC).

BRAZIL
Other than post-Chavez Venezuela, Brazil is the worst out of 11 countries ranked by a joint study conducted by Brazilian and German economic think tanks.

Brazil Falls Into Recession
Brazil’s economy fell into a technical recession and cut its growth forecast, delivering another blow to President Dilma Rousseff’s re-election hopes.

Inside the all-woman village desperate for men
The women of of Noiva do Cordeiro are “appealing” for eligible men
Video
Harry Wallop visits the small rural Brazilian village of Noiva do Cordeiro, populated by beautiful women who are looking for love

CHILE
Immigration: Minister of Defense Warns Against “Entering Chile without Authorization”

Chile Manufacturing Falls More Than Forecast as Retail Slows

COLOMBIA
Fugitive Colombian Warlord Nabbed in Panama

Hoy en La Noche grupo de cubanos espera en Colombia respuesta a solicitud de refugio político:

CUBA
Why work? You earn more selling three avocados a day.

The Vatican’s man in Havana says Cubans’ only hope for a better life is to escape Cuba

Internet for Cubans vs. Helping Castro’s Censorship

Oh! Oh! Canada: Party girls UPDATE

DOMINICA
Dominica Will Be First Nation with Universal Bitcoin Possession
70,000 Island Residents Get a “Bitcoin Drop” March 2015

DOMINICAN REPUBLIC
Dominican Republic investigate ex-nuncio for pedophilia
Wesolowski appealing def[r]ocking by the Vatican

DRUGS
Drug Use and Drug Spending: How the Washington Post and the President Get It Wrong

ECUADOR
The Future of Dollarization in Ecuador

Ecuador to bring in digital currency
Ecuador says it will introduce the world’s first digital currency issued by a central bank and it will go into circulation in December

GUATEMALA
Jews ‘forced’ from Guatemala villageMen from a Jewish community load furniture onto a lorry in San Juan La Laguna
Some 230 members of an Orthodox Jewish group begin leaving a village in western Guatemala after a bitter row with the local indigenous community.

HONDURAS
Honduras Knocks on Door of Development Bank to Fund ZEDEs
Catrachos Seek Peace with Neighbors in Sensitive Gulf of Fonseca Region

JAMAICA
Jamaican Ends Legal Challenge to Anti-Sodomy Law after growing fearful about violent backlashes.

MEXICO
Mexico Looks to Raise Wages
Mexico City’s leftist Mayor Miguel Ángel Mancera raised pressure on the federal government with a proposal to lift the federal minimum wage—which lags only behind Haiti in the hemisphere—to $6 per day for 2015.

Mexico’s Pemex Forecasts 6.7% Drop in Crude Production in 2014
The head of Pemex’s exploration and production division said production will fall from 2.52 million barrels per day in 2013 to 2.35 million bpd at the close of 2014

More Than 134,000 Petition Obama Admin. to Demand Release of Sgt. Tahmooressi — Here’s the Response They Received Instead

NICARAGUA
Nicaragua Landslide Traps Gold Miners
Rescuers in Nicaragua raced to reach at least 24 freelance gold miners trapped by a landslide, including 20 who have been located and have managed to communicate with emergency crews.

PANAMA
Widened Panama Canal may threaten West Coast port jobs

PARAGUAY
Brazil, Worse Than Paraguay

PERU
Peru Moves Van der Sloot to Tougher Prison

PUERTO RICO
Puerto Rico Lures Franklin as Equity Funds Buy Junk: Muni Credit

URUGUAY
More than 20 companies bid to supply legal pot in Uruguay

VENEZUELA
Venezuelans Feel Less Safe than Any Population on Earth
Residents Rate “Law and Order” Worse than War-Torn Syria

Health Secretary: Venezuelan Medical Care in Critical Condition
Gustavo Villasmil Details How the Brain Drain and Supply Shortages Feed the Crisis

Venezuela’s Black Market Bolivar Slides to Record Low

Venezuela is becoming a crude importer. Discuss.

Chavismo promoting CITGO sale tells us more than what we care to know

There Is Too Much Money To Be Made In The Bolivarian Revolution I: The Gasoline Racket.

“Los venezolanos en el callejón sin salida del chavismo”

The Venezuela Case Study In How Not To Help The Poor

A Proposal of a New Flag from a Opposition Movement to Chavismo and the Bolivarian Republic of Venezuela {Venezuatu}…! THE NEW COUNTRY OF: Venecian Guiana !

HUMOR
HAHAHA You go to the beach and run into Hugo Chavez

The week’s posts and podcast:
A day in the life of the Panama Canal

ISIS border terror alert?

Colombia: Former Pablo Escobar lead henchman goes free

En español: Unidad de quemados

Brazil: 3 beheaded in prison riot

Today’s illegal alien invasion headlines

Argentina: Enter Soros

Peña Nieto goes to LA

Colombia: Was military intelligence hacked?

At Da Tech Guy Blog:
The audacity of taupe

Warren Buffett and his American dollars for Canadian doughnuts

Podcast:
Gloria M Strassburger, author, plus Fausta Wertz editor of Fausta’s Blog


Argentina: Enter Soros

Wednesday, August 27th, 2014

A new player enters the litigation picture:

Argentina default: George Soros sues US bank in London over $500m payment
Hedge funds take legal action against Bank of New York Mellon for freezing payment by Argentina, which has also banned the lender from operating in the country

The billionaire investor, who famously “broke the Bank of England” after shorting the pound, is joined by Knighthead Master Fund, RGY International and Kyle Bass’ Hayman Capital Master Fund in the lawsuit against Bank of New York Mellon.

According to Bloomberg News, the group owns more than 1.3 billion of euro-denominated bonds.

Bank of New York Mellon said: “The suit is without merit. BNY Mellon has consistently followed the binding court orders that govern its actions as trustee in this matter.”
In a further twist, Argentina banned Bank of New Mellon from operating in the country, arguing that the lender “isn’t complying with its operational objectives”.
Bank of New York Mellon declined to comment on the ban.
Argentina is attempting to replace Bank of New York Mellon as trustee with state-run Banco Nacion

Soros has invested heavily in Argentina, particularly in YPF SA and Adecoagro SA.

The prehistoric seals Carnival of Latin America and the Caribbean

Monday, August 25th, 2014

LatinAmerThere you have it: Seals helped Europeans wipe out Native Americans
Europeans have long been blamed for wiping out 95 per cent of Native Americans by bringing foreign diseases to the New World. But a new study suggests seals could be partly to blame

The research shows that tuberculosis is likely to have spread from humans in Africa to seals and sea lions, who then carried the disease to South America and transmitted it to Native populations long before Europeans landed on the continent.

ARGENTINA
Argentina Presents Plan to Bypass U.S. Courts, Pay Creditors; later, Argentina debt plan ruled ‘illegal’
Argentina’s plan to ask investors holding defaulted bonds to swap them for new locally issued debt is ruled “illegal” by a US court.

Companies fear radical turn in Argentina

The government’s unorthodox economic management came under further scrutiny on Thursday when beef exports were suspended to combat inflation, despite dollar shortages.

BOLIVIA
Bolivia Exports More Than 20,000 Metric Tons of LPG in 1H 2014

BRAZIL
Brazilian Police Officers Acquitted of Murder Charges
A jury has acquitted four police officers of murder charges in the 2012 shooting death of a suspected car thief, a case that attracted attention to the lethality of Brazilian police.

CHILE
Rerun time: Peru in Diplomatic Squabble With Chile
Map Shows Triangle of Land as Belonging to Peru

COLOMBIA
Rebel Attacks in 2014 on Colombia Oil Infrastructure Cause $531 Million in Losses

[The president of the Colombian Petroleum Association, Francisco Jose Lloreda] called on the government to provide security guarantees irrespective of whether a peace deal is reached with the Revolutionary Armed Forces of Colombia (FARC) guerrilla group in talks in Havana dating back to 2012.
. . .
The FARC and ELN have carried out numerous attacks in recent months on oil infrastructure, particularly pipelines and tanker trucks in the northern provinces of Arauca and Norte de Santander, which border Venezuela, and in Putumayo, which borders Ecuador

CUBA
Moringapalooza Cretin Summit 2014: Caracastan’s Maduro visits his master Nosferatu in Havana

Must-Read: Cuban Catholic Youth Activists Write Pope Francis

DOMINICAN REPUBLIC
Miley Cyrus Banned from Performing in Dominican Republic on ‘Morality Grounds’

ECUADOR
Ecuador President Rafael Correa Seeks Law Allowing Perpetual Re-Election
Popular Leader Setting Stage for Expected Fourth Run in 2017

Top-Down Digital Currency Coming to Ecuador, with Ban on Competition
Imminent Prohibition Covers All Unofficial Physical, Digital Currencies

EL SALVADOR
Saving El Salvador: Why The Vatican Needs To Make Archbishop Romero A Saint; I disagree.

GUATEMALA
General Dies in Crash
A top Guatemalan general and four other officers were killed on Wednesday when the helicopter they were in crashed near the country’s northern border with Mexico, Guatemala’s government said.

“Meet the Press” covered Rand Paul’s pro bono eye surgery in Guatemala and larded it with impugnment of his motives. Paul has been doing pro bono work for decades.

HONDURAS
In Honduras, U.S. deportees seek to journey north again

LATIN AMERICA
ALBA Meets UN Security Council Over Gaza

Why the Pacific Alliance Puts Mercosur to Shame
Protectionist Panderers No Match for Liberal, Free-Market Integration

Build the Border Fence Already!

MEXICO
Mexico Unveils New Police Force
President Enrique Peña Nieto inaugurated a 5,000-strong unit of the federal police that is tasked with protecting key parts of Mexico’s economy from violent drug gangs.

Are we supposed to believe that Mexican authorities are keeping track of who’s crossing? Mexico Dismisses Perry Claim Islamic State Could Have Crossed U.S. Border
The Mexican embassy in Washington Friday dismissed Texas Gov. Rick Perry’s claim that “there’s a very real possibility” extremists from the Islamic State have already snuck into the U.S. over the southern border.

NICARAGUA
Nicaraguans, safe at home, feel little reason to flee to U.S.

Read more here: http://www.miamiherald.com/2014/08/18/4296029/nicaraguans-safe-at-home-feel.html#storylink=cpy

PANAMA
New Challenges for Panama Canal at 100

PARAGUAY
Paraguay seizes nearly one ton of cocaine in DR Congo-bound rice

PERU
Peru’s Congress Rejects Prime Minister’s Cabinet for Second Time
Various Lawmakers Demand Changes to President Ollanta Humala’s Administration

PUERTO RICO
Puerto Rico to Use Old Traffic Network to Lay Fiber-Optic Cables

URUGUAY
The Rights Abuses Uruguay Doesn’t Want You to Know About
A small South American country has been making big strides in human rights. But it’s still got some work to do.

VENEZUELA
VenEconomy: Venezuelan Government Goes for More Censorship, Barbarism

Got Shortages? Chavistas Sic “Operation Queue Killer” on Cash Registers
Pricing Superintendent Rebukes Defective Checkouts, Announces Biometric Rationing

The week’s posts and podcast:
Ecuador’s new fake currency

Good luck with that!

TSA: Illegals without ID can fly with ‘Notice to Appear’

Argentina’s shell game

Colombia: Luis Carlos Cervantes murdered

Is Populism beatable?

Would “gender mainstreaming” fix the border crisis?

Argentina: “Qui cum canibus concumbunt cum pulicibus surgent”

Briefly interrupted

The Panama Canal Centennial roundup

At Da Tech Guy Blog
Biometrics and the police state

Podcast
Panama Canal, Argentina, Mexico & US-Latin America stories of the week


Argentina’s shell game

Thursday, August 21st, 2014

Argentina tries to sidestep US ruling with debt swap
“Nervous” Argentina president Cristina Fernandez de Kirchner announces plan to replace Bank of New York Mellon as trustee with state-run Banco Nacion
, because, of course, that would mean Cristina gets what she’s been after all along.

As for that lawsuit Cristina’s government brought to the International Court of Justice in The Hague, claiming the US had “committed violations of Argentine sovereignty”?

The US government must consent to the ICJ’s jurisdiction before the UN can proceed with the case.

She ought to hire this guy; he’d do a better job,

Argentina: “Qui cum canibus concumbunt cum pulicibus surgent”

Tuesday, August 19th, 2014

Looks like Citibank lied down with dogs, and is now covered with fleas:

Citibank could lose Argentina banking license

If the banking giant obeys a US judge’s order, it risks losing its banking license in Argentina — and the $2 billion it has in local deposits.

But if it follows Argentine law, it risks violating a US federal court order.

Play me the world’s smallest violin: It’s not looking good,

In a recent speech, Kirchner reminded Citi of its obligations under Argentine law and noted that her government decides who gets banking licenses in the country.

The potential fallout is a major concern for Citi, which has a huge retail banking presence in Argentina — and throughout South America, which is siding with Argentina.

About 18 percent of Citi’s revenues come from Latin America.