“One of the most impressive emerging market growth stories over the past several years has been Colombia; a country of 46 million people that has aggressively pursued pro-market reforms by reducing regulation, eliminating trade barriers and promoting foreign investment. Colombia has become a critical exporter of natural resources including oil, gold, coal, and coffee, all … Continue reading
If there were not a coup d’etat underway, someone would have to invent one to rally the masses. By Chris Gilbert That may be the case for the Venezuelan government today, which is beset with so many problems, and it is one of the reasons that some people are incredulous about the latest claim of … Continue reading
The Nicaragua Canal project undermines the US influence in Latin America and its control over the transoceanic routes, facilitating strengthening the role of BRICS, notably China and Russia in the region. . By Ekaterina Blinova, Sputnik News The Nicaragua Canal project has sparked controversy in the West, that fears the new interoceanic route will undermine the US’ … Continue reading
The White House said on Friday that it was considering additional “tools” to use against Venezuela following Venezuelan President Nicolas Maduro’s order for the arrest of the Caracas mayor and accusations that the U.S. had backed a coup against the government. A White House reporter asked White House spokesman Josh Earnest whether the U.S. was considering additional sanctions against … Continue reading
How can Venezuela use its vast oil reserves to enhance its economic security and become a major player in global energy markets? Samir Tata thinks that Caracas should start by forming strategic partnerships with energy-hungry states like China, Germany and India. By Samir Tata With time and investment, Venezuela could become a major player in … Continue reading
Vladimir Putin said that he would not allow the West to achieve military superiority over Russia. Russia will continue strengthening the nuclear potential, develop space forces, navy and long-range aviation. The Russian Navy plans to commission two new nuclear submarines. However, Russia lacks a developed system of bases that had been lost after the collapse … Continue reading
Venezuela will announce a change of policy soon on gasoline, the finance minister said in an interview. By Sputnik News The move means that the OPEC nation is now going to raise its heavily subsidized gasoline prices, which are the lowest in the region, Reuters reports. One US dollar buys around five gallons of gas in Venezuela costing the government … Continue reading
Nearly a decade ago, a keen observer of Honduras produced a damning analysis of the country. “In a very real sense, Honduras is a captured state,” he began. “Elite manipulation of the public sector, particularly the weak legal system, has turned it into a tool to protect the powerful,” and “voters choose mainly between the two … Continue reading
By Sputnik News Russia and Nicaragua signed on Thursday an intergovernmental agreement on simplified procedures, allowing visits of Russian warships to ports in the Latin American country, Russian Defense Minister Sergei Shoigu said. Shoigu, who is on the second leg of his three-day Latin American tour, told reporters in Managua that several other agreements were signed aimed at expanding bilateral military-technical cooperation. The minister … Continue reading
By Rachael Boothroyd The German Embassy in Caracas has alarmed political observers in Venezuela by publishing what the press has described as an “alarming” official declaration to its citizens in the South American country. Published on February 5th, the declaration is written and signed by the Chargé d’Affaires at the German Embassy, Dr. Jörg Polster. … Continue reading