By Neil Pyper The recent escape of Mexican drug cartel leader Joaquín “El Chapo” Guzmán from a Mexican maximum-security prison was a high profile example of the failings of prison systems throughout Latin America. His escape through a 1.5km tunnel made a mockery of the jail’s security and also raised serious questions about corruption. Seven … Continue reading
By Michael Snyder Did you know that the UN is planning to launch a “new universal agenda” for humanity in September 2015? That phrase does not come from me – it is actually right in the very first paragraph of the official document that every UN member nation will formally approve at a conference later … Continue reading
Why is everything so expensive in Brazil? I’m Brazilian and lived there most of my life and back then I quite never understood why until I came across this article by the Economist and it all make sense: high taxation combined with a lack of competitiveness. The Brazilian Real has been in a free-fall for … Continue reading
By Michael Snyder Russian President Vladimir Putin has introduced legislation that would deal a tremendous blow to the U.S. dollar. If Putin gets his way, and he almost certainly will, the U.S. dollar will be eliminated from trade between nations that belong to the Commonwealth of Independent States. In addition to Russia, that list of … Continue reading
Regardless of election outcomes in October, Argentina’s next government will begin liberalizing its economy, potentially loosening restrictions on the repatriation of funds, reducing the enforcement of price controls and reducing subsidies. Despite slight changes to Argentina’s regulatory framework, the government will continue to bar some investment and businesses to stem capital flight and to maintain … Continue reading