By 2025, the world will have almost 800 million people over the age of 65. About 556 million of them will be in developing countries, another 254 million in developed ones. On a global scale, Asia absorbs the majority, and it seems as though Latin America will have “only” about 70 million. These demographic forecasts are […]
Xi Jinping‘s just-started journey to the west hemisphere will be his first tour to Latin America as Chinese president. Meanwhile, his June 7-8 talks with his US counterpart Barack Obama at Sunnylands estate, California, will also be the first summit between the world’s two largest economies after both countries underwent leadership transition. Read Here – China Daily
Brazil, one of the world’s largest emerging markets, achieved a major diplomatic victory with the election this week of its candidate, Roberto Azevedo, as director-general of the World Trade Organization. In this heavily disputed election, involving 159 member countries, Brazil cashed in on a long campaign, cultivating support among the developing countries of Africa, Asia, […]
There are reasons to believe that Pope Francis is a transitional figure, unlikely to effect major reform at the top of the church. He is not known as a champion of any theological vision, traditional or modern. He is just two years younger than Pope Benedict was upon his election eight years ago. He has […]
To be sure, Chávez’s boldness partially helped inspire pride and political self-confidence in the region, in addition to revitalizing the dream of leftist revolution in Latin America. Chávez’s contributions, however, were minimal compared with the positive impact of larger and more important factors, such as the rise of Brazil, the commodity boom, the growing assertiveness […]
China‘s positive economic influence has been surging in surrounding countries over the past five years, as the nation overtook the United States to become the largest trading partner of 124 economies by 2011. The number was only 70 in 2006. The US may not be as thrilled. The country has seen a sharp decrease in […]
External Affairs Minister Salman Khurshid began an official visit to Chile and Argentina on Tuesday night. This is the first ever visit of an Indian Foreign Minister to Santiago. The fact that Mr. Khurshid will be there less than four months since taking charge is hopefully a sign of evolving priorities towards the region. On […]
Venezuelan President Hugo Chavez pledged to deepen his socialist revolution after a comfortable election victory that could extend his divisive leadership of the OPEC nation to two decades. The new six-year term clears the way for Chavez, who is recovering from cancer, to consolidate state control over Venezuela‘s economy, possibly with more nationalizations, and continue […]
Republican presidential candidate Mitt Romney delivered a sweeping critique on Monday of President Barack Obama’s handling of threats in the Middle East, saying Obama’s lack of leadership had made the volatile region more dangerous. In what his campaign called a major foreign policy address, Romney called for a more assertive use of American influence in […]
There is a parallel between the ongoing euro crisis and the international banking crisis of 1982. Back then, the International Monetary Fund saved the global banking system by lending just enough money to heavily indebted countries; default was avoided, but at the cost of a lasting depression. Latin America suffered a lost decade, writes George […]
looking beyond borders 