Due to the unexpected delays, the Carnival’s a day late.
This week’s big story: the Republican Convention.
Yesterday I was talking to Leon Krauze and Juan Pablo Salas of Radio Caracol. I asked Leon what is the most difficult part about reporting on American politics. His reply was, “Ignorance: Latin Americans do not understand the American political process at all, so in every broadcast I try to explain how it works and what it means.” Radio Caracol is one of several major Spanish-language media present at the Convention. I’ll be talking to others during my stay in St. Paul.
And now for the regular Carnival.
Bolsa De Brazil Wants To Create A Network With Neighbouring Markets IBD Blog says,
The responsible countries of Latin America, that is, the countries that are going somewhere besides hell in a handbasket, are getting together to make their stock markets more unified and therefore more liquid. Brazil, Peru, Chile and Colombia, all good democratic countries with worthy economies and credible governments, have come up with a new plan to link exchanges. This is a smart idea and a welcome approach. You will not see Hugo Chavez or any of his freakish allies anywhere near this. But you will see this amass power and spread prosperity. Viva Brazil! Viva Colombia! Viva Chile! Viva Peru!
And what are they doing with all that money? Lots:
Petrobras Hires 80% of Deepwater Rigs, Inflates Rents
This week’s podcasts and posts