After a string of scandals throughout 2014, Mexican President Enrique Pena Nieto’s corruption-related troubles haven’t let up this year. A high-profile former governor with close ties to Pena Nieto’s ruling Institutional Revolutionary Party (PRI) has had his vast collection of luxury real estate in the United States revealed, prompting accusations of impropriety, while another former governor is under investigation for embezzling millions of dollars of public funds. The latest examples of graft and perceived conflicts of interest help explain why Mexico still lags behind Chile, Colombia and Brazil, three of Latin America’s most developed economies, in Transparency International’s 2014 Corruption [...]
On Jan. 8, Chinese President Xi Jinping strode into a meeting room in Beijing for an unprecedented gathering. The audience was filled with Latin American dignitaries, including three presidents, one prime minister and countless Cabinet members from the Community of Latin American and Caribbean States (CELAC). It was the first official high-level gathering of the China-CELAC Forum, and Xi expressed his appreciation. “Your presence,” he told his audience, “has brought warmth to Beijing in the depth of winter.” Xi vowed to double Chinese trade with Latin America to half a trillion dollars and raise direct Chinese investment in the region [...]
The war on drugs has been subjected to unprecedented criticism over the past few years. For the first time since the inception of the international drug regime in the 1960s, world leaders are calling for the regulated legalization of all drugs, and not just marijuana. Politicians, businessmen and activists from across North, Central and South America are leading the charge. Several Latin American presidents are at the forefront of this drug policy revolution, insisting on the legalization of cannabis, opium poppies and coca. Some Western European leaders are also demanding that punitive drug laws be replaced with updated measures putting [...]
