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THE ECONOMIST/
"When the world economy was booming and prices for South America’s commodities were high, several left-wing governments in the region liberated themselves from what they denounced as the oppressive tutelage of the IMF, and embarked on a dash for growth powered by big increases in public spending." Today, such policies are harder to finance.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- CHILE / EU : 26 Jan UPDATE: Santiago Hosts Latin American Summit; EU Warns Of Protectionism; Some Protest Raul Castro.
- RUSSIA : 14 March UPDATE: Court Refuses To Release 2 Punk Rockers; Orthodox Church Calls Singers...'Sinners.'
- ITALY / VATICAN : Benetton's Pope Kissing Ad Shocks Vatican; Legal Action Threatened.
- ITALY / BELGIUM / EUROZONE : Ouch! Roma Forced To Pay 7.814% On 2 Yr; S/P Downgrades Belgium.
- RUSSIA : Tax Officials Continue To Harass NGOs.
- COSTA RICA / PERU / COLOMBIA : 17 May UPDATE : 2 More Aides Resign After Prez. Chinchilla Comes Under Fire For Free Flights On Alleged Narco Jet; Key Minister Resigns Over Flight From Bogus Person.
- RUSSIA : Medvedev Loses...With Deputy PM Surkov Resignation; Putin Looks For Recession Scapegoats.
- EU / SPAIN / PORTUGAL / ITALY / GREECE : Solidarity Strike Causes Travel Misery Across the Eurozone; Clashes/Arrests/Injuries In Athens, Madrid.
- VENEZUELA : 09 Feb UPDATE: Caracas Finally Devalues Bolivar...By 32%.
