Regions / Latin America & Caribbean
Despite the IMF's reformist rhetoric about "bailing in" foreign investors and distributing adjustment costs more equitably, there is nothing novel about the new IMF standby credit. It is once again about bailing out banks and bondholders.
brief review of Argentina's decline from poster child of the IMF and Wall Street during most of the 1990s
The new IMF prescription of fiscal austerity and no capital controls makes little economic sense.
After five months of waiting, Colombians received news last week that former presidential candidate, Ingrid Betancourt, was indeed alive.
Chávez assumed the presidency of Venezuela in 1998 at the head of what he called a Bolivarian Revolution.
Charges and countercharges are flying over water allocation in the Rio Grande/R
he conflict between forces loyal to President Hugo Chavez and those opposed to him heated up particularly after November 2001, when Chavez, using new powers granted him by the National Assembly, passed 49 laws, some of which were extremely controversial--
Oil policy must be seen within the context of Chávez's larger political project, which is an attempt to construct an alternative to neoliberal globalization.
Venezuela is not just another banana-oil republic; and the United States has, once again, deeply damaged itself in Latin America.
The events of 9-11 have permitted the Bush administration to paint U.S. foreign policy as a matter of black and white choices.