Cuba has become more and more destitute since the revolution and has fallen on hard times since the collapse of the Soviet Union, a period also known as the “Special Period”. ( Efrén Córdova)

A recent Economist article entitled “Flickering lights” describes how the current economic slump has forced the Cuban government to ration electricity in a new austerity program for businesses. One cause of the Cuban budget deficit is falling price of nickel. The price of this important Cuban export has fallen from…

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In his post-Summit of the Americas remarks in Trinidad and Tobago today, President Obama stated his administration’s commitment to improving relations with countries around the hemisphere. He rightly noted how unhelpful it is when other countries’ main interaction with the U.S. is either though military or drug interdiction efforts.

However, he failed to mention an immediate policy to improve both hemispheric relations and economic growth in the region: Commitment to win ratification of pending free trade agreements between the United States…

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Four former presidents of Latin American countries and the former president of Spain joined in an ardent plea for the U.S. to strengthen its ties with those countries that share the values of freedom, democracy, and economic progress. In their editorial today in the Wall Street Journal, José Maria Aznar (Spain), Vicente Fox (Mexico), Andrés Pastrana (Colombia), Julio Maria Sanguinetti (Uruguay), and Franciso Flores (El Salvador) also pointed out that “Free trade is one way to help prevent the resurgence of autocracy…

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Major newspapers around the country including the Washington Post, the LA Times, and the Wall Street Journal are urging President-elect Barack Obama to pass the U.S.-Colombia Free Trade Agreement in the lame duck session. The Los Angeles Times said it bluntly, “It’s time to stop playing games with a trade pact whose economic and political benefits are good for both nations.”

Some reports of the meeting between the president-elect and President Bush said that the president had pushed for the trade agreement in exchange…

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Today’s Washington Times features an article on Ecuador “Economic Crisis Starts to Show up in Ecuador”, in which author John Zarocostas writes:

“The global economic crisis that began in the United States has spread to several nations in Latin America - and Ecuador, an Andean nation dependent on oil exports, is among the hardest hit.”

Ecuador, is in fact, an oil-dependent economy. Over 60 percent of its $13.7 billion in exports consist of crude oil, according to the Ecuadorian Central Bank. Oil…

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Yesterday, Nelson Cunningham, one of the panelists at a Hudson Institute conference on Latin America’s “Radical Populism Challenge” commented that it is better that the presidential campaign and debates don’t even mention the region. He said that speaking of Latin America would only bring bad news: illegal immigration and drug-trafficking.

As a Latin American myself, I could not disagree more. The region is one of the United States’ most important commercial partners, with U.S. exports valued at more than $150 billion a year,…

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Further to my earlier post on Latin America, The Wall Street Journal’s Mary O’Grady points to a good way for the U.S. to deal with loudmouth thugs like Hugo Chavez:

Hugo Chávez provoked nary a peep from the Bush administration when he recently welcomed Russian fighter jets to an air base in the state of Aragua. For a man desperate to prove his importance, nothing could have been more insulting than the yawn in Washington when the Russians touched down in…

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Few things are as exasperating as watching two sides argue — and neither rise above being half-right, at best. Still, the resulting exchange in this case is thought-provoking.

Today, the left-liberal Center for American Progress responded to a Washington Post editorial calling for a tougher stance on the part of Washington against Latin American autocrats like Hugo Chavez and his cronies in Nicaragua, Bolivia, and Ecuador. While the Post editorial is right on more counts than is the CAP piece, they both seem…

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