on charges that she illegally moved money between state-controlled entities to make her government’s budget deficit appear smaller than it really was
The following day in Argentina, former President Cristina Fernández de Kirchner and other officials were indicted on charges fraud and of manipulating the nation’s Central Bank during the final months of her administration. Losing billions sure does not help her case.
Over the last 13 years, Brazil’s leftist governments also provided at least $1.75 billion in credit on favorable terms, drawing fire from opponents who are also angered by a program that put 11,400 Cuban doctors to work in Brazil.
Those projects will now be re-examined after Brazil’s Senate voted on Thursday to put Rousseff on trial for breaking budget laws. She is now suspended from office while the trial takes place in coming months, and a likely conviction would end her presidency.
Turning round a country with a history of mismanagement and violence will be painful. The government needs to resist resorting to its bad old ways. In particular, abandoning the IMF’s programme just when it is beginning to work would be disastrous. Betting on globalisation does not guarantee a boost in the growth rate. Betting against it does guarantee sclerosis.
Former Mexico Pres. Vicente Fox Drops ‘F’ Bomb About Trump Wall — Again. Vicente Fox is starting to remind me of Dr. Seuss,
Socks on chicks and chicks on fox.
Fox on clocks on bricks and blocks.
Bricks and blocks on Knox on box.
Paraguay battles over land rights in the courts and across the airwaves. As soya companies appropriate land in Paraguay, many small-scale campesino farmers are forced out to cities. For those who stay to fight for their land, the conflict can turn bloody