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.
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.
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.
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.
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.
The method is simple. Use a hose to inject propane into the machine while being careful to seal all cracks and vents with duct tape, then light the fuel with a spark. The top of the machine explodes, leaving the cash tray almost intact.
And then there’s also robbing the armored trucks delivering the money.
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.
To understand why the outlook for the Chilean “miracle” is so grim and investment is plummeting, look no further than this government’s obsession with holding back those who would skate ahead of the pack.
Ms. Bachelet has increased tax rates on everything from capital to consumption. One objective is to soak the investor class, making it poorer so that income inequality goes down. But it is more likely that income disparities will go up since the rich have ways to shelter income while the poor depend on job creation from investment to earn their daily bread and build wealth.
Additionally, Bachelt will end school vouchers,
The new law, which passed the lower house last month and now goes to the senate, would prohibit students from using vouchers to attend for-profit schools and prohibit schools that receive public subsidies from charging parents a co-payment. What is more, schools will no longer be allowed to select students because, apparently, it is “unfair” for gifted children to learn at their own speed.
Vouchers make it harder to indoctrinate kids, too.
A Raúl Sendic, candidato vicepresidencial de Uruguay, junto a Tabaré Vásquez, por el movimiento izquierdista Frente Amplio, del presidente José Mujica, le salpicó la “maldición“ del petróleo. Un cuestionado convenio de canje de crudo por derivados entre Ancap/Trafigura/Petroecuador que involucra USD 6.400 millones, empezó a pasar las primeras facturas, en medio de la campaña electoral. El escándalo ampliamente cubierto por la prensa uruguaya, hace referencia al libro Ecuador Made in China, y a una carta remitida al gobierno uruguayo y a varios legisladores de ese país.
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La referida cláusula del Convenio señala que Ecuador proveerá hasta 36000 barriles diarios de crudo, sin embargo en el contrato firmado el mismo día en Montevideo, se estableció la entrega de hasta 100000 barriles diarios, con lo que se violó el Convenio. Incluir un volumen de 100000 barriles día notificaba al más ingenuo que el crudo no estaba destinado a la refinería uruguaya, cuya capacidad máxima, cuando está operativa, es de 50000 barriles día, y de un crudo diferente al ecuatoriano. Al respecto, la Contraloría abona con conclusiones que dejan sin respuesta a los autores del Acuerdo: “se contrató con Ancap, sin que existan estudios técnicos que demuestren los beneficios para el país de una contratación directa”, señala en organismo.
The Women’s Legal Defense and Education Fund urged the appeals court to rule for Chevron on a highly technical but critical issue. You read that correctly: The nation’s oldest women’s-rights legal advocacy organization, a left-leaning group that helped enact the landmark 1994 Violence Against Women Act and represents victims of sexual harassment and spousal brutality, supports the multinational oil company in its struggle against a crusading lawyer who claims to represent the impoverished and oppressed.
On September 10th roughly 1,000 law-enforcement officials raided the Garment District of Los Angeles, seizing at least $65m in cash and arresting nine people. According to court documents, several garment businesses allegedly helped drug traffickers ferry proceeds from sales back into Mexico. The scheme is relatively simple. Black-market peso brokers contact Mexican importers who want to buy goods from a business in Los Angeles. The broker then finds a gang associate in the United States to pay the bill on behalf of the Mexican importer, using dollars from drug sales. The importer pays the broker in pesos; the broker takes a cut and passes along the remainder to the gang in Mexico.