Fausta's blog

Welcome to the Carnival of Latin America and the Caribbean. If you would like your posts included in the next Carnival, please email me, faustaw2 "at" gmail "dot" com.

This week's focus: China's growing influence in our Hemisphere. I'll be podcasting on China's Latin American influence today at 10AM Eastern. Chat's open by 9:45AM and the call-in number is 646 652-2639.

Listen to Faustas blog on internet talk radio

LATIN AMERICA
China's Latin American Tango
A partnership with benefits for both sides.

Latin American diplomacy: Friends of opportunity
China, rather than Russia, is the new partner that matters

Pay attention to next-door neighbors

Latin America tops murder tables

Challenges in Latin America: Russians in Caracas, Misrule in Managua

Chávez, Correa propose new currency area

ARGENTINA
Harvesting pensions
A pre-election boost for Cristina

Kafka era argentino

Radiografía del kirchnerismo

In today's WSJ, Are Argentina's Cows Happy Eating Grain? This matters because grass-fed beef is Argentina's most famous export.

BOLIVIA
Bush Suspends Trade Accord With Bolivia in Anti-Drug Dispute

President George W. Bush suspended a trade agreement with Bolivia, saying the country provided insufficient cooperation in U.S. efforts against drug trafficking.

The president signed a declaration ending trade benefits under the Andean Trade Preference Act and the Andean Trade Promotion and Drug Eradication Act, White House spokeswoman Dana Perino said in a statement yesterday.

Cutting of trade benefits is the result of Bolivia’s “failure to cooperate with the U.S. counternarcotics efforts,” a condition of maintaining trade preferences, such as reduced tariffs, Perino said.

BRAZIL
Brazil floods are early sign of global warming, expert warns; meanwhile, Brazil mob attacks environmental police in Amazon

La crisis mundial del crédito frena el auge agrícola brasileño

COLOMBIA
DMG, which went under, has its own YouTube channel. The founder of DMG was arrested in Panama two weeks ago. This article (in Spanish) refers to DMG as a Ponzi scheme.

Colombia: Belle Of APEC's Ball

Betancourt makes Colombia return

CUBA
Faltan las marchas

Cuban landmark for Catholic friar

Via IBD blog, "Happy Thanksgiving!" from Fidel

ECUADOR
Ecuador: hopeless

Can pay, might not. Another debt default?

Ecuadorian president Rafael Correa is heading to Iran this week

Hopeless, Clueless and Hapless Correa & ALBA Come to Bury Capitalism: Not to Praise It

MEXICO
Mexico Has Made Big Strides on Economic Policy Calderón was smart enough to hedge against falling oil prices

Houston a weapons depot for Mexico criminal insurgency

WAR ON THE BORDER

Success in Mexico

Via Lucianne, House of shattered dreams: US deports more and more Mexicans

PERU
Garcia blames Mexican drug cartels for Peru violence

APEC summit divides bloggers, according to France24 news:

PUERTO RICO
Puerto Rico Governor Promises Changes

The recession now emerging in places like Florida and Ohio has been a fact of life in Puerto Rico for three years. Unemployment has climbed to nearly 12 percent. Taxes have gone up, purchasing power has declined, and the island’s roughly four million residents are unlikely to be patient with their new leader.
…
The structural challenges are immense. Government here plays an outsize role, employing 20 percent to 30 percent of workers on the island, and it is on the verge of bankruptcy. The current administration said this week that it would end the year with a $2 billion budget deficit. One official suggested it was struggling to make payroll, and some institutions — like the Center for Puerto Rican Studies — already report that they have not received government money they are owed.