One of President Barack Obama’s most significant measures to promote commerce with Cuba isn’t working. U.S. banks can now legally process Cuban transactions with non-U.S. parties, but banks are refusing to do it. “It turns out it’s easier to impose sanctions than it is to dismantle them,” admits a U.S. official.
Corruption across Latin America and Chilean President Michelle Bachelet’s own domestic problems have created a narrative of failure and malaise in Chile. But this narrative distracts from what is arguably the most successful record of reform for any Chilean government since the return of democracy in 1990.
In this week’s Trend Lines podcast, WPR’s editor-in-chief, Judah Grunstein, and host Peter Dörrie discuss reform in Argentina, Mozambique’s debt crisis, and protests in Kazakhstan. For the Report, Denise Natali joins us to talk about how the Syrian war has impacted the country’s Kurds.