Welcome to the Carnival of Latin America and the Caribbean. If you would like your posts included, please email me: faustaw2 "at" gmail "dot" com.
The big news this week: the world-wide liquidity crisis. Via The Perplexed Investor, Latin American Banks Use Reserves to Save Currencies
Oct. 9 (Bloomberg) -- Latin American central banks are being forced to draw on record foreign reserves built up during the six-year commodities rally to stop their currencies from sinking in the worst financial crisis since the Great Depression.LATIN AMERICA
Brazil sold dollars for the first time in five years and Mexico sold $2.5 billion in the spot market between yesterday and today, helping their currencies pare losses. Chile may follow suit, Barclays Capital analyst Rodrigo Valdes said.
The worst currency meltdown in Latin America since the emerging-market economic crises of the 1990s is causing companies' dollar debts to swell as well as sparking derivatives losses, and may stoke inflation. The decision to intervene came after central banks in the U.S., Europe and Canada cut interest rates in a coordinated effort to boost confidence.
An Introduction to Spanish Irregular Verbs
Fishy business: Patagonia’s troubled waters
Argentina’s entry fee
Del dinero burbuja y otros ensayos
Bolivia Spirals Toward Crisis
Ecuador and Bolivia Do Not Deserve Preferential Trade Extension
Pointers to the presidency: A good day for São Paulo’s governor
Brazil poised to be an oil superpower
Via IBD Blog, 'Colombia cheated negotiating guerrillas'
Soñar no cuesta nada
Diplomatic breach widens between Colombia, Ecuador
In food crisis, Cuba limits sales so all can eat
US is racist, El Coma Andante declares
Fidel the blogger
An Andean arc of crisis
USA Democratic Party Called Now to Declare Allegiances to Liberty or Andean Narco-communism
The New, Bizarre Constitution of Ecuador
[Analysis] Panentheism, political correctness, nationalized oil, and claims on Antarctica
An article I missed from last month, McCain and the Caribbean
Hello, Mexico? We need advice
Protesters decry Peru corruption
Strong quake shakes Virgin Islands, Puerto Rico
La flota rusa que viene hacia Venezuela ya está en Libia The Russian fleet heading to Venezuela stops over in Libya
Revisiting the China syndrome
The Miami Venezuelan Maletagate trial part XIII: The defense calls a friendly and unethical witness to help Duran
Ayers has not left radicalism behind
Protestas hoy en la UCAB
World War III knocking at our door
Chavez, Ahmadinejad, Medvedev.
Venezuela's oil production falls under Chavez
And one for Columbus Day, Chávez arremete contra Cristóbal Colón, pero pide que no “destruyan sus estatuas”
Obama - Soros - South American Socialism
Congressional Endorsements - Lincoln vs Raúl
What’s in a name?
Via IBD Blog, Venezuela's Chavez Says CIA Has Offices in State of Zulia
Report: Obama's Girlfriend Banished to Caribbean by Angry Michelle
Special thanks to Jeff, Kate, Larwyn, Maggie and Maria
This week’s podcast and posts
Bolivia, from bad to worse
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