Archive for the ‘Argentina’ Category

Argentina: Cristina aims for The People’s Cube

Tuesday, December 16th, 2014

Oleg Atbashian, the brilliant graphic artist of The People’s Cube, might call it prog porn; Carlos Eire titles it Sieg Heil, Cristina! Hitler, Stalin, and the dark sources of Latrine American inspiration instead.

You choose, comrade:

Cristina Fernández de Kirchner,

Joseph Stalin,

In case you wonder, “wasn’t Cristina’s idol, Eva Perón, sheltering Nazis in Argentina?“,

Cristina Fernandez de Kirchner, the country’s first female president, said women of her generation owed a huge debt to Peron for her ‘example of passion and combativeness.’

Carlos has the artwork on that, too.

After all, in case you need a reminder, The Nazis were socialists…

The criminal #Greenpeace Carnival of Latin America and the Caribbean

Monday, December 15th, 2014

Before Greenpeace:

After Greenpeace:

It’s time to put the Greenpeace vandals out of business

ARGENTINA
Why Argentina Must Learn the Virtues of Economic Orthodoxy
Ignore Basic Economic Lessons, Bring on More Crises

BOLIVIA
Bolivia’s YPFB Hit by Corruption, Sexual-Harassment Scandal

BRAZIL
Survivors Recall Genocide of Amazon Tribe in Brazil, the Waimiri-Atroari.

Brazil killer alleges 42 victims
Brazilian police arrest a man who says he killed 42 people in the last decade, which would make him one of the country’s most prolific serial killers

CHILE
Chile Not Facing an Economic Crisis, Bachelet Says

Construction in Chile of world’s largest telescope approved

COLOMBIA
Colombian Government, Rebels Resume Peace Talks

COSTA RICA
Take a Ride on Costa Rica’s Fiscal Train Wreck
Executive Ignores Credit Risk, Overrules Congress for 19 Percent Spending Increase

CUBA
Cuban Regime Arrests Over 100 Activists on Human Rights Day
Police Target Dissident Ladies in White, Independent Journalists

‘Al Capone’ Justice for Fidel Castro

The AP’s Latest Attack: On Cuba’s Independent Rappers

DOMINICAN REPUBLIC
Abortion stalls Dominican Republic Penal Code vote

ECUADOR
Ecuador Moves to Block Disclosure of U.S. Propaganda Activities
Government attempts to prevent court discovery of documents at its U.S.-based PR firm

EL SALVADOR
El Salvador President to Cuba for Checkup after Falling Ill in Mexico, since that worked so well for Hugo Chávez.

GUATEMALA
Guatemala: Breaking the silence
How do a country and its people come to terms with the atrocities committed during a decades-long, bloody civil war? Dialogue is key here, and that’s a focus of DW Akademie projects in Guatemala.

HAITI
Haitian President May Drop His Premier
To end an impasse and allow for elections, President Michel Martelly said that he would accept the recommendations of a commission that has called for the prime minister to resign.

IMMIGRATION
Adding Insult to Injury: Obama Paying for Illegal Amnesty with Fees Paid by Legal Immigrants

Sheriffs: Obama’s Amnesty Creates ‘Insurgence of Heroin,’ ‘Saloon-Door’ Border Mentality

JAMAICA
Jamaica Approached To Sell PetroCaribe Debt

LATIN AMERICA
Neocolonialism update: Iran expanding its presence in Latrine America

MEXICO
Mexico minister denies home scandal
Mexico’s finance minister defends his purchase of a luxury home, amid reports he bought it from a firm whose parent company won public contracts.

PANAMA
Panama: Cuba to Attend First-ever Americas Summit

PERU
Frantic efforts to save Lima climate change talks
Main talks suspended as delegates from 190 countries admit there is ‘no consensus’, while frantic efforts have begun to reach some token agreement, but few are optimistic of a quick resolution, if any

PUERTO RICO
Puerto Rico tops list of 25 best Caribbean islands list

URUGUAY
Former Guantanamo Prisoners Leave Hospital in Uruguay

VENEZUELA
The Precise Instant Everything Went to Hell

The Phantom of Miraflores

UK: Journalist’s flat burgled, family threatened

VenEconomy: Drug Trafficking – The Other Pest of the Venezuelan Revolution

Mother of slain beauty queen seeks asylum in the US
María Eugenia Tovar, mother of beauty queen Génesis Carmona, killed during an anti-government protest in February, would not explain the reasons for her decision

US Congress passes sanctions against Venezuelan human rights abusers

The week’s posts:
White privilege, indeed

Mexico: Gulf Cartel run from Texas

Venezuela: Default by September 2015?

Peru: Greenpeace vandalism

Colombia: FARC using al-Qaeda for European drug trade

Uruguay: Gitmo alumni go free

At Da Tech Guy Blog:
U.S. releases 6 al-Qaeda detainees to Uruguay

Time to put Greenpeace vandals out of business



The Carnival of Latin America and the Caribbean

Monday, December 8th, 2014

LatinAmerARGENTINA
Argentina Fines Facebook for Defying Censorship Order
Social-Media Company Permits “Defamatory” Groups, Faces US$77,000 Rebuke

Prosecutor in Argentina Will Look into Hidden Swiss Bank Accounts

BARBADOS
Barbados PM to Visit Cuba

BOLIVIA
Bolivian Authorities Seize Huge Load of Contraband Fuel Bound for Chile

BRAZIL
Corruption Curses Mexico and Brazil

COLOMBIA
Pablo Escobar’s sister trying to pay for the sins of her brother
The sister of the Colombian drug lord Pablo Escobar, Luz Maria Escobar sits by her brother’s tomb
Luz Maria Escobar, the sister of Colombian cartel boss Pablo Escobar, has told how she is trying to make amends for her murderous brother

CUBA
Political Arrests Have Quadrupled in Cuba

GUATEMALA
Guatemalan Populism Meets Its Match in Gloria Álvarez
Education Can Restore Republicanism in Latin America

HAITI
Haiti hit by anti-government clashes
Thousands of anti-government protesters clash with police in Haiti’s capital Port-au-Prince, calling for overdue elections to be held.

IMMIGRATION
Watch: Gowdy’s brutal cross-examination tears apart immigration activist’s ‘racism’ argument

MEXICO
Mexico’s president
Business backlash

Mexico City Police Chief Says He Is Stepping Down

These graphics will show you why Mexicans are saying they’ve had enough
The 43 missing students have come to represent the more than 22,000 people who have disappeared since 2006

NICARAGUA
China’s Nicaragua Canal Could Spark a New Central America Revolution
Many critics thought construction of a canal across Nicaragua never would begin. Now that it’s about to, they ask how it will end—and some are asking for guns to stop it.
Er, it’s not the Chinese government, it’s Wang Jing and his Hong Kong Nicaragua Canal Development Investment Co. (HKND) – big difference.

PANAMA
Panama Invites Cuba to Summit of the Americas

PUERTO RICO
Opinion: Koch brothers eye Puerto Rico

URUGUAY
Uruguay to take Guantanamo prisonersPresident Jose Mujica 4 December 2014
Uruguay’s President Jose Mujica says his country is set to resettle six prisoners from Guantanamo Bay on humanitarian grounds.

VENEZUELA
Cash-Strapped Chavistas Bankroll Million-Dollar Music Festival
Opposition Blasts ‘Caracas Sound’ as Wasteful Government Spending

The week’s posts and podcast:
Colombia: Peace at all costs?

Venezuela: The oil teat runs dry

Saturday night tango: Matteo & Patricia

Puerto Rico: In search of roast pork

Venezuela: Diamonds are a girl’s best friend?

Cuba: Londoño meets with dissidents

Venezuela: Maria Corina charged; falling oil prices

En español: Unidad de quemados

Venezuela: Oil break-even price?

Colombia: Gen. Alzate resigns UPDATED

Kevin Williamson on Russell Brand’s Che fixation

At Da Tech Guy Blog:
Venezuela and the falling oil price

Russia aims at Latin America

Podcast:
Talking about art with artist Adrian Plasencia in Silvio Canto’s podcast



The post-Thanksgiving weekend Carnival of Latin America and the Caribbean

Monday, December 1st, 2014

LatinAmerYes, I love Thanksgiving Day. No, I don’t go shopping in stores on the weekend.

Now we have that out of the way, let’s look at the week’s stories:

ARGENTINA
Castro Helped the Devil in Argentina

Although they kept it quiet, Argentina’s dictators had a gentlemen’s agreement with Castro. Under the pact, Videla supported Cuba’s bid in 1977 to join the Executive Council of the World Health Organization, a diplomatic feather in Castro’s beret. The quid pro quo was that Havana stump among nonaligned nations to name Argentina to the United Nations prestigious Economic and Social Council. Apparently Cuba’s vote was the 18th and decisive ballot, landing Argentina the coveted UN seat.

Argentina to Snoop Emails from Citizens with Swiss Bank Accounts
Suspected Tax Violators Must Prove Innocence to Authorities

BOLIVIA
ICYMI Beware a Leftist Landslide in Bolivia

BRAZIL
Capping Brazil’s Corruption Gusher

Brazil’s Economy Claws Out of Recession
GDP Expands 0.1% in Third Quarter But Outlook for Latin America’s Biggest Economy Remains Clouded

Drought-hit Sao Paulo may ‘get water from mud': TRFN

CHILE
Chilean Teachers on Strike over Bachelet’s Education Reform
Internal Union Dispute over Benefits May Cause Ruling Party to Reshape Policy

COLOMBIA
Colombia: Farc rebels release two soldiers

CUBA
The Blackest of Fridays Planned by Fidel Castro and Che Guevara

Castro’s agents had targeted Macy’s, Gimbels, Bloomingdales, and Manhattan’s Grand Central Station with a dozen incendiary devices and 500 kilos of TNT. The holocaust was set for detonation the following week, on the day after Thanksgiving.

CNN promotes pro-Castro editorials of The New York Times to a wider audience

Silence Enables Violence Against Cuba’s Dissidents

ECUADOR
Ecuador shrimp prices tumble as Chinese buyers hold off

ENTERTAINMENT

Antonio Banderas, Distinguished as Buenos Aires Guest of Honor

IMMIGRATION
White House – Illegal Immigrants Entitled to Social Security and Medicare

Incentivizing the Lawless and Penalizing the Lawful

JAMAICA
Jamaica’s Economy to Show Growth for 2014/15

LATIN AMERICA
The great deceleration
The region’s economies have slowed far more abruptly than anyone expected

Worst off are those countries with populist governments that squandered the windfall from the boom. Forecasters see no let-up in the stagflation afflicting Venezuela and Argentina. Thanks to lack of investment and clumsy macroeconomic management, Brazil’s economy will barely grow this year and faces a fiscal squeeze in 2015. Yet the deceleration goes far wider. The high-flying and well-run economies of Chile, Peru and Colombia are all suffering. The growth rate this year in Chile (2%) and Peru (around 3%) is half that of 2013. Contrast that with sub-Saharan Africa, which is also a big commodity producer and where the IMF expects growth of 5.1% this year and 5.8% next.

MEXICO
As Mexican Border Town Tries to Move On, Some Are Stuck in Limbo

British forensic experts work with Mexican parents to create database of disappeared
As Mexican president announces police revamp following student atrocity outrage, British-funded project aims to identify human remains buried in mass graves across violence-plagued country

NICARAGUA
Andres Oppenheimer: Canal calamity looms in Nicaragua

PANAMA
Alleged Ponzi scammer Quintin Earl Sponagle returned to N.S., to stay behind bars until Tuesday

PERU
Corruption Revives Debate on Peru’s Political Stability

PUERTO RICO
U.S. government warns Puerto Rico of funding loss if transit shuts

URUGUAY
Uruguay’s election
Feeling very mellow
Voters are not in the mood for change

VENEZUELA
Venezuela to charge opposition leader over alleged plot to kill President Maduro
Maria Corina Machado denies any wrongdoing and says the threat is an attempt to silence critics of the government

Venezuela Says 35 Prison Inmates Dead From Overdose
Pressure is building on Venezuela’s government to fully investigate a rising number of deaths at an overcrowded prison, with human-rights activists questioning authorities’ claim of a mass drug overdose by dozens of inmates who stormed an infirmary.

The week’s posts:
Venezuela: AP does Orwell so well

Argentina: Investigate Cristina, get impeached?

En español: Terapia Intensiva 233

Mexico’s failures and immigration

Venezuela: New deal with China

Panama: Legal truble for Carlos Slim

At Da Tech Guy Blog:
The only people with the right to object to immigration are Native Americans

On thankfulness and apple pie



Argentina: Investigate Cristina, get impeached?

Friday, November 28th, 2014

Argentine Probe Sparks Dispute Between Government, Judiciary
Judge Heading Investigation Into President’s Business Activities Faces Call for Impeachment

Last week, federal agents raided the office of the Kirchner family hotel company, Hotesur, as part of an investigation by Federal Judge Claudio Bonadio into allegations that the company hasn’t filed financial statements for years.

Investigators said that when they arrived at Hotesur’s registered headquarters in downtown Buenos Aires, they found abandoned office space.

Since the raid, the government has issued scathing attacks on the judicial system, saying Judge Bonadio is overreacting to a minor matter of missing paperwork.

In a message posted on the presidency’s official Twitter account, Mrs. Kirchner claimed Judge Bonadio owns a stake in a company whose paperwork isn’t up-to-date: “This is just like Hotesur. Will some judge now order a raid?”

Congresswoman Margarita Stolbizer filed a criminal complaint against Kirchner and Lázaro Báez, a longtime family friend and business partner of the Kirchner, amid allegations of money laundering.



Venezuela: New deal with China

Tuesday, November 25th, 2014

High hopes, we’ve got high hopes . . .

The Chinese pull the chestnuts (temporarily) off the fire:
China Loosens Debt Terms for Venezuela
With Default Threatening the Economy as Oil Prices Tumble, Caracas Gets a Lifeline From Its Biggest Creditor

Not only for Venezuela, but also for Argentina (emphasis added),

Last week the president [Maduro] used a $4 billion Chinese credit, traditionally earmarked by the Chinese government for infrastructure projects and held in off-budget funds, to increase reserves to $23.2 billion. China also recently lent $1.3 billion to help Argentina buoy falling reserves, giving President Cristina Kirchner , a close ally of Mr. Maduro, a cushion to help alleviate that country’s cash crunch.

Beijing’s largess may appear irrational given economic policies in Venezuela and Argentina that do not appear sustainable, said Barbara Kotschwar, a scholar who tracks Chinese investment in Latin America at the Peterson Institute for International Economics in Washington.

“On the other hand,” Ms. Kotschwar said, “they are so invested in Venezuela’s oil industry that they may have calculated that a political crisis would have a negative impact on their return on investment or on Venezuela’s repayment of loans.”

That’s putting it mildly; according to Maduro himself,

Venezuela’s oil revenues, which account for 96% of the country’s dollar income, are down by 35% in the past month

China has risked millions of dollars in Latin America to secure their supply lines, and as analyst Russ Dallen, managing partner at brokerage Caracas Capital Markets, put it, “for the short term, they’re secure.” However, considering that

China last month scrapped the requirement that Venezuela ship at least 330,000 barrels of oil a day as payment for its existing loans

the meaning of “secure” may be more fluid than we believe – and not only for the short term.



The amnesty Carnival of Latin America and the Caribbean

Monday, November 24th, 2014

LatinAmerAs predicted, Pres. Obama granted amnesty to an untold number of illegal aliens. Walter Russel Mead has some thoughts on the subject: Obama’s Big Miscalculation
President Obama’s new initiative is unlikely to succeed politically—in part because Democrats are overconfident that rising Hispanic immigration will deliver them a permanent, left-leaning majority.

In many ways Latinos face less prejudice than Jews or Italians did in the 1880s, and have more opportunities to integrate into American society at large than those earlier generations of immigrants did. The evidence if anything suggests that Hispanic immigrants are more open to the cultural influences of American political and social ideas than were earlier waves. While very few Italian, Jewish or Greek immigrants, for example, converted to evangelical Protestantism, 24% of hispanic adults in America are now former Catholics. Hispanics are a large and varied group, but by and large they are learning English, starting businesses, joining Protestant churches and voting Republican at levels that suggest that they are anything but a permanently alienated racial underclass in formation.

And then there’s the Democrats’ assumption that “Hispanics” are a homogeneous group.

ARGENTINA
Fitch Cuts IMPSA, WPEI, and Venti to Default

A more accurate translation is “The Falklands are Argentinian”, Argentina rules all public transport must state: ‘The Falklands are Argentina’
Argentina’s congress passes a law which states that all public transport and stations must display a sign reading “Las Malvinas son Argentinas”

BOLIVIA
Influx of Cheap Peruvian Quinoa Riles Bolivia

BRAZIL
Brazil Probe Sparks Worries Over Olympics
Prosecutors are investigating firms working on Rio’s 2016 Games for their roles in an alleged graft ring surrounding Petrobras.

Authorities are investigating allegations that the companies formed a cartel to drive up the value of contracts with state-controlled energy giant Petróleo Brasileiro SA PETR4.BR +11.89% and paid bribes to the Petrobras executives and Brazilian politicians.

The prosecutors’ targets include Brazilian-based multinational construction companies Odebrecht, Queiroz Galvão and OAS, who together are partners in billions of dollars of contracts for the Games in Rio de Janeiro.

Petrobras Bonds Decline With Builders Amid Graft Probe

CHILE
Chilean colonels jailed for torture
Two retired Chilean colonels – Ramon Caceres and Edgar Ceballos – are jailed for torturing the father of President Michelle Bachelet in 1973.

COLOMBIA
Colombia Prepares Areas Where FARC Will Release Hostages

CUBA
La máquina de matar: El Che Guevara, de agitador comunista a marca capitalista

Cuba says measures to make food more affordable fall short

Mosque for you? Maybe….. ($$$$$$?)

ECUADOR
Iranian Nobel Laureate to Inaugurate UNESCO Chair at University of Ecuador

Correa Takes on Market Forces with Slew of Employment Prohibitions
“Government of the Worker” to Mandate Wage Ratios, Ban Uncompensated Layoffs

GUATEMALA
100,000 Guatemalans Could Benefit from Obama’s Executive Order

GUYANA
Guyana’s Main Opposition Demands Elections Now

HONDURAS
Four Involved in the Murder of Miss Honduras World and Sister Sent to Prison

MEXICO
U.S. Marshals Service Personnel Dressed as Mexican Marines Pursue Cartel Bosses
Members of U.S. Marshals Service Join Military Operations in Mexico Against Drug Gangs

Mexico Is Fed Up and This Time, It’s Different

Teeth and Bones: Mass Abduction Reveals a Decaying Mexican State

Mexico’s Holy Warrior Against the Cartels
Padre Goyo, with his clerical collar and his bulletproof vest, is an icon for those fighting drugs and corruption. But some in the church think he goes too far.

NICARAGUA
Yeah, right, Nicaragua canal: Construction to begin in December. Heed my advice and don’t be the next Lord Crawley.

PANAMA
The French School Where Panama Canal Pilots Train in Cute Little Ships

PERU
Peru Introduces Measures to Boost Economy
Peru’s government plans to cut taxes and boost government spending to give a shot of growth to the weakening economy.

PUERTO RICO
Opinion: Puerto Ricans will be hurt the most by President Obama’s executive action

Puerto Rico Sees Slight Drop in Unemployment Rate

URUGUAY
Same old, Vazquez Is Favorite to Win Uruguay Presidential Vote

VENEZUELA
Alek Boyd tells us how he was robbed of his lap tops, and only them

Oligarco Works The Fascist Phone Line

Venezuelan Consumers Get Creative Amid Shortages

The week’s posts and podcast:
The Iran-Cuba-Venezuela Nexus

Venezuela: Tweet of the day

Ecuador: Assange granted political asylum

Chile: Blowing up the ATMs

Cuba: The wall

Venezuela: Break-in in London

Countdown to amnesty, continued

Cuba: The Nation’s Valentine’s cruise

Amnesty: I told you so UPDATED

Countdown to amnesty

Keystone XL & Venezuela

Colombia: Government suspends peace talks after FARC kidnaps general

At Da Tech Guy Blog:
Amnesty: A slap in the face to all of us, not just to #Fruitpickers and #Bedmakers

Why weren’t taxes an issue in the last election?

Podcast:
US-Latin America stories of the week with Silvio Canto, Jr.



The falling oil price Carnival of Latin America and the Caribbean

Monday, November 17th, 2014

LatinAmerThe price of crude oil has dropped by 30% in four years, so Iran, Venezuela urge oil price support ahead of OPEC meeting

Iran and Venezuela need higher oil prices to balance their budgets than fellow OPEC members Saudi Arabia and other Gulf Arab producers.

ARGENTINA
La enfermedad argentina

Outrage as Argentina milks millions out of UK foreign aid budget
DAVID Cameron is today facing demands to block British taxpayers’ cash going to Argentina.

Argentina Cracks Down on Black Market for Dollars

BELIZE
Belize’s 2014 Tourism Boom Breaking Records

BOLIVIA
Why Foreigners Fall for the Evo Morales House of Cards
Statistics Gloss Over Bolivia’s Lack of Development, Bubble Waiting to Pop

BRAZIL
Police Raid Odebrecht’s Offices Amid Corruption Probe

Petrobras Former Executive Among a Score Arrested in Brazil Corruption Probe

Cannibal gang baked victims into pies
Three Brazilians sentenced to prison after being caught murdering two women and using their flesh as the filling in “empadas” which they sold to neighbours

Study: Brazil’s Underground Economy Equivalent to 16.2% of GDP

CHILE
Chile and China
¡Salud!
Food and drink draw two regions together

COLOMBIA
Ex-President Samper Took $10 Million from Cartel, Colombian Kingpin Says

CUBA
3 Cuban activists sentenced to prison on bogus charges

Yoelkis Rosabal, 31, was sentenced to 4 years in prison.

Ricardo Pelier, 28, was sentenced to 3 years in prison.

Ernesto Darián Duffo, 24, was sentenced to years in prison.

ECUADOR
Term limits in Ecuador
If you can’t beat ‘em, referendum
A vote could cost President Correa his job—in 2017

EL SALVADOR
25 Yrs After El Salvador Priest Killings, Groups Press For Justice

GUYANA
Guyana: Legislature Is Suspended

HONDURAS
Obama and Honduras, 2009: portent of things to come

IMMIGRATION
I expect that Pres. Obama will issue an executive order for amnesty this week. Here are a few links:
The Missing Immigration Memo
Has Obama asked the Office of Legal Counsel for its legal opinion?

But a Justice-OLC opinion is all the more necessary on domestic issues because the President’s authority is far more limited. He is obliged to execute the laws that Congress writes. A President should always seek legal justification for controversial actions to ensure that he is on solid constitutional ground as well as to inspire public confidence in government.

The Next Border Crisis
Column: How Congress can fight Obama’s unconstitutional amnesty

The 150 million adults worldwide who would move to the United States if given the chance will draw the conclusion that their status and future are secure as long as they end up on U.S. soil. Pay the snakeheads and coyotes, avoid the authorities, and fall under the next amnesty. Just as it happened in 1986 and happened again, piecemeal, in 2012 and 2014.

I do not consider it humanitarian to induce people to undertake perilous and uncertain journeys through hazardous territory in the hopes of joining a population that is at best ambivalent about them. I think it is cruel. And it is cruel not only to the immigrants, but also to American citizens, who must cope with the attendant fall in low-skilled job opportunities and wages, rising inequality, economic and social consequences of population density, and erosion of social cohesion. These are all reasons confidence in public institutions is at a low. Obama’s executive order will drive it lower.

Minors in El Salvador, Guatemala, Honduras Can Now Apply for Asylum in U.S.

Obama’s Amnesty Will Turn U.S. Into Welfare Magnet

From Drudge: ILLEGALS TAUNT AGENTS AS AMNESTY NEARS…

NYT: BIG Money Behind Push…

CRUZ: ‘DEFIANT OF VOTERS’…

DEPORTATIONS PLUMMET…

Central American Children to be Granted Refugee Status…

NYC Will No Longer Hold Illegals For Feds…

MEXICO
Mexican President’s Reputation Takes A Further Dive Thanks To Reports About A Luxury Home

A Familiar Anger Begins to Boil Again in Mexico

Mexico’s Iguala Massacre: Criminal gangs and criminal government

PANAMA
“48 Hours” investigates American’s death in Panama

PERU
Peru’s Most Wanted Gangster Captured after 4 Months on the Run
Hiding in Colombia, Orellana’s Network Allegedly Committed US$100 Million in Fraud

PUERTO RICO
Hefty Losses Cause US Shipper to Close Door on Puerto Rico
Long-Time Competitors to Acquire Alaska, Hawaii Lines

URUGUAY
Vázquez leads polls ahead of Uruguay’s runoff

VENEZUELA
Cubanization 8.2: Maduro creates snitching hot lines

Venezuela cracks down on peddling diapers: ‘I feel like a drug dealer’
As basic goods grew more scarce on store shelves, authorities targeted open-air black markets that sold everything from coffee, eggs and cooking oil to shampoo, deodorant and detergent.

A broke Venezuela splits its finances in two

The week’s post and podcast:
Venezuela: Oil slide

And now for a surfer saint?

En español: UdQ 199, Los Vándalos del Zócalo

The Monroe Doctrine’s dead, but Putin’s alive and kicking

It’s raining parodies!

Argentina: Jorge Lanata will petition US Court re: Cristina’s US businesses

Mexico: And now, for #Articulo39RenunciaEPN

At Da Tech Guy Blog:
And now for a @BatDadBlake break

Keith Hennessy on Jonathan Gruber’s honesty

Podcast:
Venezuela & US-Latin America stories

Argentina: Jorge Lanata will petition US Court re: Cristina’s US businesses

Tuesday, November 11th, 2014

The headline is less tactful,
Argentinean Journalist to file petition in U.S. Courts to obtain information about Cristina Kirchner’s money laundering operations

Last night, Argentinean renowned investigative journalist Jorge Lanata announced he is planning to submit an application for an order for discovery pursuant to 28 U.S.C. § 1782 in a Nevada District Court, aiming to obtain information related to President Cristina Kirchner’s companies in the United States.

Section 1782 of Title 28 of the United States Code is a federal statute that allows a party to a legal proceeding outside the United States to ask an American court to obtain evidence for use in the non-US proceeding. The full name of Section 1782 is “Assistance to foreign and international tribunals and to litigants before such tribunals”.

For the last two years, Jorge Lanata has been conducting an investigation known as the “Kirchner Money Route”, through which he demonstrated that Kirchner cronies were laundering millions of dollars coming from corrupt activities through a vast networks of shell companies and shady financial institutions in Argentina, Uruguay, Panamá, Switzerland, Seychelles Islands and the U.S., among others.

This investigation was then used by NML Capital Ltd., a hedge fund who holds a judgment against Argentina for more than $1.7 Billions (see NML Capital Ltd. vs. Republic of Argentina), as the main source of evidence to produce information about 123 companies in the State of Nevada that may point to the location of Cristina Kirchner’s assets in the United States and abroad. NML Capital Ltd. was able to depose a key witness to the “K-Money Route”. However, that deposition is being sealed by the request of the parties.

In Spanish, Lanata’s Sunday show.

More on NML bond holdouts:
A New Twist in the Argentine Debt Saga

But Dart’s legal complaint draws attention to something that had been overlooked as the talks progressed: The so-called Gang of Five—the five holdouts at the center of Singer’s legal case: Singer’s NML Capital, Aurelius Capital, Blue Angel Capital, Oliphant, and a small group of retail investors—hold only about a quarter of all the New York bonds held by holdouts. In addition to Dart, there are approximately $2.4 billion worth of bonds out there that are governed by New York law and in the hands of other holdout investors. The minute Argentina settles with Singer’s group and the bondholder payments are allowed to flow through, all the other holdouts will likely rush forward to Judge Thomas Griesa’s court, demanding the same legal rulings and the same terms, which could block the payments again. The default could be cured temporarily, but then Argentina would be right back where it started.

NML Capital Ltd. can’t force an Argentine lawyer to remain in the U.S. for questioning, a Washington judge ruled

NML sought an emergency court order last week barring attorney Cesar Guido Forcieri, a former World Bank director, from returning. There’s no reason NML can’t question Forcieri when he gets to Argentina, U.S. District Judge Royce Lamberth said in a one-page order issued Nov. 6 and made public today.
. . .
Forcieri is a close associate of Argentine Vice President Amado Boudou, NML said in court papers. Boudou was indicted in June by an Argentine federal court on corruption charges related to his alleged involvement in acquiring a bankrupt printing company, Ciccone Calcografica SA, that later won contracts to print the nation’s currency.

Boudou was initially indicted with five others. In September, an Argentine judge indicted Forcieri for his alleged role in helping to steer business to Ciccone. If Argentine courts find Boudou guilty, the country may confiscate any profit, funds or property employed in the takeover scheme, according to NML’s lawyers.

Until last month, Forcieri served in Washington as a World Bank director for Argentina, Bolivia, Chile, Paraguay, Peru and Uruguay. He worked with Argentina’s Ministry of Economy and Public Finances as a G-20 finance deputy from 2010 until March, according to a profile on LinkedIn.

NML served Forcieri with a subpoena on Sept. 10 seeking documents regarding his involvement in the alleged Ciccone scheme. The Argentine lawyer failed to appear for a deposition on Oct. 20, NML said.

This ain’t over yet, not by a long shot, no matter what the SCOTUS ruled.

The #Ayotzinapa students Carnival of Latin America and the Caribbean

Monday, November 10th, 2014

The week’s top headline is that authorities may have found the remains of the 43 student teachers missing since September. The state of decay of the remains makes it necessary that they will be sent to the University of Innsbruck in Austria, which officials said had the most advanced forensics laboratory, for further attempts at identification.

Violent protests and the social media hashtag #YaMeCansé are symptomatic of how Mexicans are fed up with their government’s inability to stop the drug cartels.

ARGENTINA
Factory Explosion Leaves 66 Injured in Argentine City of Cordoba

Argentine Journalist on Trial for Not Revealing Sources

Argentine president Cristina Kirchner admitted to hospital with fever
Cristina Kirchner admitted to hospital for tests after feeling unwell

BELIZE
S&P Switches to Positive on Belize Outlook

BOLIVIA
Concern in Bolivia Over Increase in Sexual Violence Vs. Girls

BRAZIL
Despite Rousseff, extreme poverty grows for the first time in a decade
The number of Brazilians living in extreme poverty grew for the first time in a decade, according to government figures. The Institute of Economic Research reported that the number of people in households with incomes below the poverty threshold of 30 dollars rose from 10.1 to 10.5 million people, which means a 3.7% increase.

Brazil’s economy
After the election, the reckoning

CHILE
Former President Calls for Drug Decriminalization in Chile

COLOMBIA
Colombian Rebels’ Attacks Set Back Nation
Rebel assaults on Colombia pipelines have crimped one of Latin America’s most dynamic economies and raised questions about the outlook for Colombia as a reliable provider of crude to the U.S.

Memorial plaque removed in Colombia
A controversial plaque unveiled last week by Prince Charles in the Colombian port city of Cartagena is removed after local opposition.

COSTA RICA
Costa Rica struggles to manage $1.7 billion in development loans

CUBA
Hiding the Real Cuba

For the 4th time, Castro regime postpones trial of political prisoner Sonia Garro; dozens of activists arrested

DOMINICAN REPUBLIC
The Dominican Republic pulls out of Inter-American Court of Human Rights

ECUADOR
How China’s Appetite Feeds An Ecuadorian Shrimp Boom
With shrimp consumption booming in China and production falling in traditional exporters like Vietnam, Ecuador is stepping in. It’s the latest food chapter in a globalized world.

IMMIGRATION
Amnesty and Impeachment
Absent the credible threat of impeachment, Obama will pardon millions of illegal aliens.

JAMAICA
Reggae, coffee and sunny beaches: Discover Jamaica
OUR WRITER falls in love with the music, culture and people of Jamaica

MEXICO
Mexico gang ‘admits student deaths’
Mexican gang members have confessed to killing more than 40 students who went missing six weeks ago, officials say – but families are sceptical.

PANAMA
After the Panama Canal Zone

PERU
Putin Welcomes Peruvian President

PUERTO RICO
Murder Rate Down; 2014 May Bring US Commonwealth Its Lowest Number of Homocides in 15 Years

VENEZUELA
Venezuela reaps benefits of Cuban “medical internationalism”

Dengue fever soars by 2,475% in Venezuela’s capital city

Reuters: Bid for Venezuela’s subsidiary Citgo continues
Any deal for Citgo, which could be worth USD 10 billion, could help to reshape the US refining landscape

Idiocy And Airlines In Venezuela

Venezuela shows the biggest global drop in the 2014 Prosperity Index

The week’s posts and podcasts:
Mexico: Remains of #Ayotzinapa students found

He can have my Volvo for US$500,000

Brazil: A petition to the White House

Mexico: 22,000 missing, 43 of them are the #Ayotzinapa students

About last night

Venezuela: $15 smugglers jailed, $3.08 billion a year smugglers go free

Mexico: Iguala mayor arrested

At Da Tech Guy Blog:
Why Obama should not be impeached when he grants executive amnesty

Comparing voting in NJ to voting in FL

Podcasts:
Election night extravaganza

US-Latin America issues with Fausta Rodriguez Wertz & Michael Prada