I’m fighting a cold and the holidays kept me busy, so this week we have a mini-Carnival:
ARGENTINA
Macri wants to rally the country around the old (loser) cause: Argentina’s new government says it will press claims to Falkland Islands. Buenos Aires demands talks over future of disputed territory dashing hopes that Mauricio Macri will offer more conciliatory approach than Cristina Kirchner. The Junta, the Kirchners, and now Macri.
BRAZIL
When do we get to call it a depression? Brazil Heads for Worst Recession Since 1901, Economists Forecast
Eletrobras, The One Brazilian Scandal Almost No One Is Talking About
COLOMBIA
Venezuela suspende envío de gas a Colombia
CUBA
Inside the Cuban Hospitals That Castro Doesn’t Want Tourists to See https://t.co/hsBEN8i0EN by @belenmarty pic.twitter.com/V1czWdxcKb
— PanAm Post (@PanAmPost) December 31, 2015
JAMAICA
Jamaica smokes world stock markets in 2015
MEXICO
Agents nab Pakistanis with terrorist connections crossing U.S. border
New Documents Expose Texas ‘Cop of the Year’ as Member of Mexico’s ‘Most Dangerous’ Cartel
https://t.co/N3aNry9uKw pic.twitter.com/d3ujDjWnRE
— PolicethePoliceACP (@PolicePoliceACP) January 1, 2016
PANAMA
Panama canal expansion to be complete ‘around May’: president
PUERTO RICO
Puerto Rico Is Greece, & These 5 States Are Next To Go
While there are five states with significant challenges (Illinois, Connecticut, Hawaii, New Jersey, and Kentucky) , the majority of states have debt service-to-revenue ratios that are more manageable.
Looking back on 2015, #Venezuela’s sovereign bond debt remains the worst in the world. https://t.co/biTJCTJYeR
— Prof. Steve Hanke (@steve_hanke) January 2, 2016