World Drug War United Nations Countries in Latin America should consider legalizing drugs to ease the human cost linked to the deadly trade, a United Nations chief has said. Alicia Barcena, who heads the Santiago-based Economic Commission for Latin America and the Caribbean (ECLAC), said that countries in the region needed to look at drastic measures to tackle the trade that kills tens of thousands of people each year. “It’s time to seriously consider legalizing drugs,” she told a Latin America forum in Paris, Reuters reported Tuesday. “I’m going to be very provocative. Who would drug legalization be good for? Latin America and the Caribbean, for God’s sake. Because the illegality is what’s killing people,” Barcena, who is from Mexico, said. A woman holds a placard that reads "Stop the drug war" during a march with human rights activists and families of victims of violence, in Monterrey, Mexico, April 13, 2016. … [Read more...] about Latin America Must Make Drugs Legal to Stop Killings, Says United Nations Chief
Eclac economic survey of latin america and the caribbean
Amanda Erickson, The Washington Post Published 12:06 pm, Wednesday, April 25, 2018 Latin America is home to just 8 percent of the world's population, but 33 percent of its homicides. In fact, just four countries in the region - Brazil, Colombia, Mexico and Venezuela - account for a quarter of all the murders on Earth. Of the 20 countries in the world with the highest murder rates, 17 are Latin American, as are 43 of the top 50 cities. Social scientists are still trying to understand all the reasons for the region's endemic homicide problem, but a new report from the Igarapé Institute, a nonpartisan think tank focused on Latin America, teases out some possibilities. To start: It is not that every part of Latin America is violent. There are pockets of the region, like the four countries above, where a disproportionate amount of homicides occur. Even within those countries, violent crime spikes in a handful of places. Researchers call them the "hot places and hot people." … [Read more...] about Latin America is the world’s most violent region. A new report investigates why.
President Donald Trump will urge Latin American countries to accept the United States as their trading “partner of choice” instead of China in Peru next week, according to senior administration officials. When attending the Summit of the Americas in Lima, Trump will reportedly harden his rhetoric against China, who his administration has repeatedly accused of using predatory loaning practices in Latin American countries.“President Trump has been very clear … in terms of his economic policies that the Chinese economic aggression in the region has not been productive for the hemisphere and that the United States should remain the partner of choice for them,” an administration official said on a conference call with reporters. As well as predatory trade practices, Chinese officials have also promised to “spread globalization” with a “greater push” to promote trade in the region. Critics argue that China will provide greater support to … [Read more...] about Trump to Urge Latin America to Reject China at Summit of the Americas
BusinessTechnologyWorldNationalMedia & CultureMillennial MoneyOpinionSportsLuxury Newsletter Signup Business By Leigh Cuen 02/01/18 AT 4:29 PM The Venezuelan government may become the first country in the world to launch its own Ethereum-based token with an initial coin offering. Motherboard reported the Petro token pre-sale will kickoff on Feb. 20 with a rough fundraising cap of $5 billion. President Nicolas Maduro is developing a plan for this digital asset to be somehow indirectly connected to national ID cards used by 15 million Venezuelans.However, Reuters reported the opposition party is still denouncing the cryptocurrency initiative as an “illegal” ploy for the ruling party to get advance payments on prospective oil sales. It’s unclear how the theoretically asset-backed Petro tokens will correspond to real oil reserves. “It is not really backed by oil,” Eduardo Gómez, a bitcoin veteran and Venezuelan … [Read more...] about What Is Petro? Bitcoin Users In Latin America Seek Financial Freedom
Latin America has continued its shift towards right-wing, anti-socialist leaders in the year 2018, electing new administrations in Colombia, Brazil, and Chile to change the political climate of a continent dominated by left-wing governments in the 21st century so far. For most of the 2000s, Latin America’s largest nations were dominated by various hard-left leaders who wreaked economic and political havoc on the continent. The administrations of Hugo Chávez in Venezuela, Cristina Fernandez de Kirchner in Argentina, Luiz Inácio Lula da Silva in Brazil, Evo Morales in Bolivia, Rafael Correa in Ecuador, José Mujica in Uruguay, and others all initially proved popular with their ambitious spending schemes designed to eradicate poverty.Yet in many of those countries – particularly Brazil, Argentina, and Venezuela – the consequences of socialism have come to fruition, paving the way for more right-leaning governments eager for close ties with the United … [Read more...] about Crash of the Pink Tide: Latin America Continues Shift Rightwards in 2018