Worldcrunch
In its first decade, Venezuela’s Bolivarian revolution was radical yet legitimate, and enjoyed the people’s electoral support under leader Hugo Chávez. This changed when his successor, Nicolás Maduro, took over after Chávez’s death, and decided he wasn’t going to let votes thwart his insatiable love of power and money.
U.S. President Biden has quietly turned his Republican predecessor’s anti-foreign posturing into economic policies that strongly favor domestic manufacturing. Does Mexico, which depends on massive exports to the U.S., have anything to look forward to in the upcoming presidential elections?
The election in Brazil of Luis Inácio Lula da Silva (Lula) is being hailed by some as the confirmation of Latin American around a shared leftist project, yet even the left can’t agree with itself. It’s a story that goes back centuries, and can only change with a commitment to move beyond ideology.
Faced with an unprecedented health crisis, the López-Obrador administration has proven itself to be incompetent, overpoliticized and self-involved.
If the López Obrador government really wants to restore the state oil firm’s status as a cash cow, it needs to stop treating it like a sacred cow.
The new president is uniquely positioned to fix the country’s long-ignored economic shortcomings. But he should work with the system, not brush it aside, writes economist Luis Rubio.
Fears of an economic meltdown in Mexico provoked by the new socialist president have not materialized, even if the economy has slowed and must remains to be seen.