Milei has moved rapidly to restructure the country’s dysfunctional economic framework, and his economic program has become a global case study of sorts which economists the world over are monitoring closely.
Milei is taking Argentina down a path of radical economic change. Will his gamble pay off?
The greatest gift that Cartes can give the country and President Peña is to empower Peña to take the real and symbolic steps to frontally tackle corruption.
Overall, the move toward more liberal measures appears to be too little too late, despite pressures from Vietnamese and Chinese Communist Party representatives in recent years strongly advising that Cuba undergo free market-oriented reforms.
Understandably, countries seek to be first-movers on crypto to streamline financial transactions, make payment ledgers that are transparent and immutable, lower costs of transactions, and enable greater access for unbanked and underbanked populations. But being first in crypto should not come at the expense of getting it right.
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.
As Peru wrestles with political turmoil and seeks to recover from the economic and financial effects of the pandemic, China appears well-poised to significantly expand its commercial presence and associated political influence in the country.
Peru’s security challenges vary from expanding coca production, illegal mining and timber activities, to a small but persistent terrorist threat, an emerging new criminal hub in the tri-national frontier with Brazil and Colombia, and rising public insecurity in the context of the health and socioeconomic crisis created by the COVID-19 pandemic.
Cuba has entered the 2020s much in the same fashion as it did in the 1990s; the world is a more uncertain place, its main economic backer is riven by a major economic collapse, and its relations with its northern neighbor are tense. But there are differences.
On November 5, 2020, St. Vincent and the Grenadines will also go to the polls to decide whether Prime Minister Ralph Gonsalves will win his fifth consecutive term in office. The vote is expected to center largely around the United Labour Party’s management of the nation’s troubled economy.
