Latin America Update, April 2014
In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
Latin America continues to turn to the Left. Michelle Bachelet became president of Chile in March and has promised fiscal reform; Salvador Sanchez Ceren took over as president of El Salvador in June and will tackle inequality; and in Costa Rica too, the centre-left Luis Guillermo Solis assumed power
A slumped arms industry and the U.S. shale gas sector will gain from NATO’s threat of stricter sanctions and suspension of Russia from the G8. BRICS has protested, but unless we consolidate alternate international financial structures, even other big economies like India can eventually be the targets of sanctions
A new equation is emerging between the BRICS countries and the informal grouping of the most industrialized economies, called the G8. The G8 has been reduced to G7 following Russia’s suspension. Of late, BRICS have taken an assertive stand against the G8 in economic as well as the geo-political fora
To navigate the U.S. away from the huge monetary stimulus, the Federal Reserve has initiated tapering. But in an integrating world, the emerging economies, especially India, China and Brazil, will see collateral liquidity damage. How will the Fed enforce its mandate? How will central banks in emerging markets react?
R. Viswanathan, Distinguished Fellow, Latin America Studies, Gateway House, has been following the movements in Ukraine and Venezuela closely. In this interview, he explains the parallels and the impact on Venezuela
With a devaluing peso, a low trade surplus, high inflation, and falling foreign exchange reserves, the economic situation in Argentina is bleak. But the government can overcome the crisis by changing policies, lessening controls, exploring the country’s shale gas reserves, and working on settling its debt
In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
In 'India-Latin America Engagements', the Latin America Desk at Gateway House presents a selection of news of India’s engagement with the region during the previous month
On the political as well as economic fronts, Venezuela is facing multiple problems – from protests against shortages and crime, to high inflation and low foreign exchange reserves. The government itself is responsible for creating this situation over the years and a change in leadership may now be the solution