Welcome to the Carnival of Latin America and the Caribbean.
Chávez says that Cuba helps Venezuela defend itself from U.S., Colombian malice
Bolivia Takes Over More Firms
Colombia’s presidential election
The maths of a Green revolution
Antanas Mockus is in many ways the opposite of Álvaro Uribe, the popular outgoing president. So why are the polls saying the upstart might replace him?
Ecuador’s President Rafael Correa said he will seek to change the central bank’s accounting rules in a bid to free capital needed to invest in the country’s development.
The government is seeking to change accounting rules regulating how the bank reports its reserve funds, Correa said in his weekly televised address to the nation, broadcast today.
Ecuador, which has defaulted on $3.2 billion of international bonds since Correa took office in 2007, is trying to plug a budget deficit the Finance Ministry estimates will reach $4.2 billion this year. The president of the country’s private bank association, Cesar Robalino, said March 29 the government was using central bank reserves to finance spending.
Ecuador’s new constitution, approved in a 2008 referendum, stripped the central bank of its autonomy.
“Why does a central bank that doesn’t even have a national currency need $2 billion in capital,” asked Correa, a 47-year-old former economics professor. “We are freeing the funds for the benefit of the Ecuadorean people.”
The Netherlands Antilles
The joy of six
Curaçao savours the prospect of autonomy
A Russian company is marketing a devastating new cruise missile system which can be hidden inside a shipping container, giving any merchant vessel the capability to wipe out an aircraft carrier.
Potential customers for the formidable Club-K system include Kremlin allies Iran and Venezuela, say defense experts. They worry that countries could pass on the satellite-guided missiles, which are very hard to detect, to terrorist groups.
While Venezuelan militia are trained to fire machine guns to the cry, “Kill the gringos,” Chávez asks Americans to wash their butts, again:
AZTLAN ASTROTURF – MAY DAY MARCH in DENVER
Revisiting the Isla Presidencial:
(My apologies: the video starts automatically. You can watch it here)
The week’s posts and podcasts:
Great news from Colombia
VIDEO: Now Chavez wants Fidel and Evo to tweet, while Venezuela’s in ruins
Mexico’s illegal alien laws
Cuban blogger sentenced to prison: 15 Minutes on Latin America
Remember Noriega? He’s off to France
Cuba: Dania Virgen Garcia and the Ladies In White
Chavez as a security threat
At Real Clear World:
Walking along Cortázar