Regions / Latin America & Caribbean
With the nomination of John D. Negroponte to head the newly restructured intelligence system and the rather startling choice of the controversial and confrontational John Bolton as ambassador to the UN, Bush continues to show much less concern for world public opinion or credibility than for personal loyalty and a hard-right ideology.
When historians look back over the past 25 years, one of the great crimes they will identify is the Third World debt crisis.
With annual lending to Latin American countries surpassing $8 billion annually, the IDB has significant influence over the region’s economies.
Today we would do well to remember Romero as an example of moral courage in a time of war. But his story is also significant because El Salvador has repeatedly been used by the current Bush administration as a parallel for the situation in Iraq.
Negotiations for the Free Trade Area of the Americas (FTAA) failed before they ever began.
Most disturbingly, it is unilaterally waging war against its own Latin American "axis of evil"--the Colombian "narcoterrorists," Cuba's Fidel Castro, and Venezuela's Hugo Chávez--with little if no effort to take into account the concerns of Latin American
Innovative, new solutions to familiar problems, like the promotion of democracy and the war on drugs, are on the agenda of this Latin American alliance.
The potential benefits of trade can be an important engine for economic growth and poverty reduction. However, only when trade is built upon solid institutional foundations are these benefits typically realized.
Bush's misreading of the Cuban Missile Crisis illustrates what is wrong with the current administration's policy toward Iraq.
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.