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The Next Generation Of Latin America's Top Fortunes

Looking at the heirs of Latin America's major business families, it is the best and worst of times - but it's just about time for them to take charge.

Carlos Slim Domit, eldest son of Carlos Slim Helu, the world's richest man
Carlos Slim Domit, eldest son of Carlos Slim Helu, the world's richest man
Carlos Tromben

SANTIAGO — Eugenio López Alonso remembers the day they took him to visit the palace at Versailles. He was seven, and while other kids that age may have aspired to be astronauts, he began to dream of becoming Louis XIV. Forty years on, the sole heir to Mexico's Jumex fruit juice empire has become his country's great patron of the arts, much like the Sun King himself. Forbes magazine once dubbed him the Mexican Medici.

His family cared little for the arts. His grandfather Vicente López Resines founded La Costeña, Mexico's biggest canned condiments and pickles label. His father Eugenio López Rodea runs Jumex, the firm he founded in 1961, today Latin America's biggest juice producer, with annual sales of over $1 billion, and exports to 16 countries. Eugenio had scant interest in juice or condiments.

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Geopolitics

Our 'Emotional' Divide: How The Ukraine War Reveals A World Broken In Two

Russia's invasion has created a stark global divide: them and us. On one side are the countries refusing to condemn Moscow, with the West on the other. It's a dangerous split that could have repercussions far into the future.

Protesters against the war in Ukraine demonstrate in front of the Russian embassy in London

Dominique Moïsi

-Analysis-

PARIS — "The West and the Rest of Us." That's the title of a 1975 essay written by Nigerian essayist and critic Chinweizu Ibekwe. I've been thinking about his words as the war in Ukraine both reveals and accelerates divisions of the world that I believe are ultimately "emotional" in nature.

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With war returning to Europe and the risk of escalation, there is a gap between the Western view and that of the "others," a distinct "us and them." This gap cannot be explained in strictly geographical, political, and economic terms.

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Central to the tragic absurdity of this war is the question of language. Vladimir Putin has repeated that protecting ethnic Russians and the Russian-speaking populations of Ukraine was a driving motivation for his invasion.

Yet one month on, a quick look at the map shows that many of the worst-hit cities are those where Russian is the predominant language: Kharkiv, Odesa, Kherson.

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