Wall Street: debunking the myths

Lessons that Latin America can take away from the crisis

Posted by , 16th October 2008

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Latin America must reexamine the regulation, speculative practices, extreme inequity, role of public policy, and many other very important underlying affairs of the tragic collapse of Wall Street. The region should immediately leave behind narrow economic policies, and get an idea of what basic components of social capital, like trust and ethics, weigh heavily on the economy. The time is now.

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UNASUR’s first success

A display of “smart power” in Latin America

Posted by , 16th October 2008

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Aside from giving Bolivia a breather, the recent emergency meeting of the twelve countries of UNASUR – for which Michelle Bachelet took the initiative – has, above all, amounted to a display of smart power, and is further proof of the solidity of the consensus for stability and development in Latin America.

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Electoral Engineering and Minorities in the United States

The arduous task of weaving together stable majorities

Posted by , 16th October 2008

minorias.jpgFrequently, the media highlights the determinate role of minorities in the American elections, and provides data to back up its claim. But the issue is much more complex than it appears at first glance: not all Latino, Asian, Black, and Jewish communities vote en bloc. Far from it.

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Who is counting the dead in Afghanistan? Another war lost

A People without a voice and the fight that cannot help them

Posted by , 16th October 2008

afganistanwar1.jpgBy and large the war in Afghanistan has been met with a chronic state of ambivalence by the international media after the onset of the war in Iraq. The situation grows direr every day and the author questions whether the objectives set forth by the U.S government are working or could have ever worked.

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The rise of the borderline poor in Latin America

The lower-middle class is sinking

Posted by , 15th October 2008

ambulante.jpgWandering street vendors, self-employed workers, specialized workers, repairmen, small entrepreneurs, pensioners and even university professionals are faced with a paradoxical and hopeless reality in Latin America. They see that, no matter what they do, they remain mired in a life of poverty from which they cannot escape.

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Ten key answers, following the Lehman Brothers’ bankruptcy

Why it is necessary to coordinate global measures to regulate the financial system

Posted by , 9th October 2008

lehman1.jpgWhat lessons can be learned from the fall of Lehman Brothers? Is Lehman’s bankruptcy only a financial matter? How can an investment bank go bankrupt? What happens when it goes bankrupt? Why has Washington not intervened now if it did do so in the bankruptcies of Freddie Mac, Fannie Mae and Bear Stearns? Can more banks go bankrupt? Why is this crisis lasting so long? How did it all begin? What consequences can this have for the average citizen?

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Change in the United States… but what kind of change?

Maintaining the strategy of containment and the leadership that is waiting on us

Posted by , 9th October 2008

obamamccain.jpgThe United States (and a large part of the world) has not been able to offer new mentalities, revitalized methods, nor new ways of approaching the most urgent global problems. The author explains that real change, that Yes we can for the international system as well, will only be possible if Barack Obama wins the presidency of our global village in November.

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Mistakes are piling up: the Russian drift and European indecision

Energy in Europe and Central Asia after the Caucasian war: a real head scratcher

Posted by , 9th October 2008

medputin.jpgEurope’s mistake regarding Russia’s latest actions in Caucasus stems from its inability to articulate a strong position in keeping with its interests. Moscow wishes to diversify its economy and not limit itself to being a mere energy provider, and in this sense Brussels has some negotiating leverage. The author says that if the EU does not take advantage of this opportunity, Russia will end up rerouting its energy supply to Asia.

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Identity Cards in the UK

Civil liberty versus security, or a question of trust?

Posted by , 9th October 2008

ukcards.jpgThe author argues that, despite the Labour Government’s best efforts, the proposed plan for ID cards in the UK will almost certainly be a key topic for debate in the run up to the next general election, as it is a controversial policy that affects citizens in numerous ways, such as by directly challenging our accepted civil liberties. Will this very costly expenditure even make the UK any safer?

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