Amid Venezuela’s acute economic crisis, President Nicolas Maduro decided there was one Very Important Thing he needed to do before dealing with diving oil prices, the subsequent possible 6000 percent rise in gas prices, or the $2.3 billion the country is expected to pay to investors by a February 26 deadline. And what was that Very Important Thing? Beating any given relative of yours over 90 years old at discovering what Facebook is.
For the full story please follow this link.
With right-left polarization amongst the region’s politicians, and growing U.S.-China competition among its economies, Latin America’s most likely response to any U.S. trade actions will be further intra-regional conflict and division.
Whoever ends up helping Cuba rebuild its power grid will hold one of the keys to unlocking economic recovery on the island and influence in the Caribbean.
In both Guyana and Suriname, there remains considerable work to be done to spread each nation’s wealth.
