The Economist has a must-read article on Latin American geoeconomics
A continental divide
The region is falling in behind two alternative blocks: the market-led Pacific Alliance and the more statist Mercosur
Cause: Argentina Bans Dollar Purchases For Savings, Infobae Says (h/t Clark). Effect: Making The Euro Zone Look Good
La República de la cocaína
Castro & Co. Are Best Kept at Arm’s Length
Economic growth in Latin America is at risk if tyrants are welcomed as legitimate leaders. As my family learned in Panama, poverty and tyranny go hand in hand.
Mercosur Shows Lack Of Ethics
Peru: Three die in clashes over Conga gold mine project
Clashes in northern Peru between police and demonstrators opposing a multi-million dollar gold mining project have left at least three people dead.
The week’s posts:
Cuba: $1.55 billion, gone!