It’s time to call the Cuban government’s bluff. Ending the embargo would help the country’s embattled private sector, giving its people hope for a non-Communist future.
How did Peru’s agonizing choice between Pedro Castillo and Keiko Fujimori come about? And what is Castillo’s extremely narrow apparent victory—by a mere 0.42 percent of total votes cast—likely to mean for Peru?
The following interview between Global Americans’ Executive Director Guy Mentel and Francisco J. Monaldi took place this week as the Biden-Harris administration moves to combat climate change and as the COVID-19 pandemic continues to disrupt global oil markets.
The COVID-19 pandemic and the increasingly urgent threat of climate change have clearly demonstrated both the direct relevance of the global (Environmental, Social, and Governance) ESG risk factors as well as the world’s interdependence in facing these ESG risks.
Recent events—in particular, last April’s meeting of the Bretton Woods institutions (that is, the World Bank and the International Monetary Fund (IMF))—have generated significant advances in international financial cooperation, particularly in support of developing countries. Such support remains crucial, as a large number of low- and middle-income countries continue to be severely affected by the COVID-19 crisis while economic recovery efforts are very uneven, as underscored by the IMF in its World Economic Outlook.
Other countries in Latin America should follow Uruguay’s tactful path to make the most of the opportunities provided by China.
As the G7 meetings concluded in Cornwall, England, one outcome was an agreement on a global minimum tax. This initiative will further squeeze the Caribbean just as it is struggling to recover from the harm the COVID-19 pandemic wreaked on tourism, the region’s main economic sector.
Global Americans convened a panel of regional experts and analysts to weigh in on the implications of Blinken’s visit to Central America, seeking to answer the following questions: What can Costa Rica teach its Central American neighbors with respect to economic stability and transparent governance? How should the U.S. balance its hemispheric national security priorities with the thorny quandary of calling out democratic vulnerabilities and shortcomings? And, generally, which way forward for U.S.-Central American relations once Secretary Blinken has departed San José?
The projections of all international organizations and private analysts indicate that Latin America’s economy will only partially recover in 2021. As economic growth during the quinquennium prior to the current crisis was close to zero, the region is immersed in a new lost decade.
At a decisive time, the U.S. chose to complain about China rather than offer leadership to solve Latin America’s COVID-19 crisis.
