Archive for the ‘Bolivia’ Category

Bolivia ex-drug czar General Nina arrested on drugs charges

| March 5th, 2015 | No Comments »
BBC

Bolivia’s former top policeman who had previously been in charge of its counter-narcotics force is being held on suspicion of illicit enrichment and links to the drugs trade.Gen Oscar Nina led Bolivia’s national police force from 2010 until 2011.

His wife, daughter and son were also arrested and have been charged with illicit enrichment.

Bolivia is the world’s third largest producer of cocaine after Peru and Colombia.

‘Serious suspicions’

His arrest comes less than four years after a US court sentenced another former Bolivian drug czar, Rene Sanabria, to 15 years in jail for drug trafficking.

Gen Nina was sacked as police chief just over two weeks after Sanabria was arrested, although it is not clear whether the two events were linked.

President Evo Morales said at the time that Bolivia had to eradicate the “cancer of corruption” from the police force.

Interior Minister Hugo Moldiz said that there had been “serious suspicions for years” that Gen ... Read More

Bolivia seizes 27 tons of coca bound for Lebanon

| March 3rd, 2015 | No Comments »
From Fox News Latino

Bolivian police seized 27 tons of ground coca leaves concealed in packets of yerba mate tea that were about to be shipped to Lebanon for processing into cocaine, the government said Monday.

This is the first time Bolivian authorities have discovered an attempt to export coca with the intention of producing cocaine in another country, Interior Minister Hugo Moldiz told reporters in the eastern city of Santa Cruz.

Once transformed into cocaine, the roughly $350,000 in shredded coca leaves would have been worth up to $90 million, he said, describing the trade in illegal drugs as “a highly capitalist business.”

Police have arrested two people who were involved in the bid to ship the coca via a Chilean port, according to the deputy minister of Social Defense and Controlled Substances, Felipe Caceres.

Bolivia, like neighboring Peru, permits the cultivation of coca in limited amounts ... Read More

Migrants’ remittances to Latin America grew 4 pct. in 2014

| February 24th, 2015 | No Comments »
From Fox News Latino

Expatriates’ remittances to Latin America and the Caribbean increased 4 percent in 2014 to $62.3 billion, the biggest jump since the global economic crisis in 2009, the Inter-American Dialogue, a Washington think-tank, said Tuesday.

The largest gains went to Mexico and Central America, while several South American countries saw a decrease in remittances, due largely to the persistent economic crisis in Spain.

The overall advance in remittances to Latin America reflects improvements in the U.S. labor market, new migration patterns and the proliferation of new ways to transfer money, according to the report.

Remittances to Mexico increased 8.8 percent over 2013, while funds sent to Honduras increased 12.5 percent, and to Guatemala, 9 percent.

The Spanish economic crisis, with high levels of unemployment and falling pay, is largely responsible for decreases in remittances to Bolivia, 2.4 percent; Peru, 2.3 percent, and Colombia, which saw ... Read More

Self-Inflicted Misery and Tyranny among Latin America’s Left

| February 24th, 2015 | No Comments »
Mexi Data

By Jerry Brewer

It is astonishing that with so much focus and dialogue on demands for world freedom, self-expression and human rights, many tend to ignore or simply fail to do their homework on repressive dictatorial-like regimes floundering throughout Latin America and oppressing their citizens.

It was certainly no secret that the late Venezuelan President Hugo Chavez’s 14 years in office was a tired precursor to a near failed state in Venezuela today. Chavez spent his entire rule in office working to recruit and support leftist presidential candidates throughout the hemisphere, touting his Bolivarian Revolution – that is quite simply the more exhausted Cuban Revolution that remains in Venezuelan to this very day.

Chavez demolished independence in Venezuela’s institutions, seized control of the economy, militarized the government, and virtually destroyed private enterprise. Death, destruction and insufficiencies in Venezuela remain rampant.

If there was even a modicum of value to add to the history of Venezuela from ... Read More

Latin America 2015 outlook darkens as commodities sink: poll

| February 13th, 2015 | No Comments »
Article originally appeared in Reuters

BY SILVIO CASCIONE

(Reuters) – Latin America has embarked on a painfully long period of greater austerity, and lower commodity prices and economic growth will barely pick up speed this year, a Reuters poll found Thursday.

With nose-diving oil and metal prices weighing on government finances and jeopardizing investments, economists in the quarterly poll chopped 2015 growth forecasts again for the region’s seven largest countries, from Mexico to Argentina.

Brazil is now expected to grow a meager 0.5 percent in 2015, down from an estimate of 1.1 percent in the prior survey and barely up from an expected 0.2 percent growth in 2014.

Mexico will probably expand by 3.4 percent, compared to 3.7 percent in the last poll, while oil producer Venezuela, flirting with a debt default, will probably contract 2.0 percent, according to the poll of about 50 economists.

Growth would probably improve somewhat in 2016, but would still fall short of the ... Read More

The retreat of U.S. interests from Latin America has left a vacuum for the Chinese to fill

| January 22nd, 2015 | No Comments »
Wall Street Journal WSJ-01 BY ILAN BERMAN You have to feel a bit sorry for the Obama administration. The White House in December announced plans to normalize diplomatic relations with Cuba, including establishing a U.S. Embassy in Havana and formally revisiting Cuba’s status as a state sponsor of terrorism. The move was a clear effort by Washington to distinguish itself in a new international theater.

But that gambit was soon eclipsed by another: In a meeting that could herald a significant shift in the Western Hemisphere’s balance of power, China hosted a high-profile summit earlier this month with the Community of Latin American and Caribbean States, or Celac.

Celac is a relatively recent invention. Conceived in 2010 at a meeting in Caracas hosted by Venezuelan strongman Hugo Chavez , it is designed to deepen integration among Central and South American states—while excluding the U.S. and Canada. The 33-member bloc explicitly styles itself as an alternative to the U.S.-led Organization of ... Read More

Bolivia’s Morales begins new term with economic challenges threatening to end bonanza years

| January 22nd, 2015 | No Comments »
US News & World Report

By CARLOS VALDEZ, Associated Press

LA PAZ, Bolivia (AP) — Bolivian President Evo Morales is beginning a new term that will make him the Andean nation’s longest-serving leader, riding high on a wave of unprecedented growth and stability.

But after he takes the oath before foreign dignitaries Thursday, Morales and his compatriots will face economic challenges that could quickly erode those gains and test the 55-year-old leader’s popularity.

Morales’ fortunes will depend on how he copes with an imminent plunge in natural gas prices, the main source of Bolivia’s export revenue. Owing in part to his exacting of a bigger share of natural gas profits, Bolivia’s gross domestic product tripled, reaching $30.6 billion in 2014. With oil prices testing multi-year lows, gas revenues are expected to shrivel.

“Morales has had the greatest political and economic power of any president in (Bolivian) history thanks to ... Read More

Race on the high seas: Cartels feature new, faster smuggling boats

| January 16th, 2015 | No Comments »
FoxNews.com

By Perry Chiaramonte

Latin America’s drug cartels are leaving the U.S. Coast Guard in their wake, with new and faster speedboats law enforcement officials say are virtually undetectable by radar.

The new boats, nicknamed “Picudas,” after a tropical fish whose long, thin bodies they resemble, are made of fiberglass, making them invisible to radar and efficient with fuel. While older smuggling vessels took as long as three days to make the trip from Costa Rica to Jamaica, the Picuda can make the trip in two.

Dialogo, a newspaper published by the Pentagon’s Southern Command, quoted one Coast Guard source that called the craft “a wave-breaking go-fast wonder that defies radar detection.” The boats give the bad guys a leg up on authorities trying to cut off the flow of South American drugs, according to the article.

“They [cartels] are being forced to do something that they would rather not,” Adam ... Read More

Latin America 2015: Time for Reform

| January 13th, 2015 | No Comments »
Brookings

By Daniel Zovatto

Latin America is starting off 2015 with a clear economic slowdown. The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) projects a modest recovery (2.2 per cent) with respect to last year (in 2014 growth was only 1.1 per cent, the lowest since the 2009 crisis), though these calculations may vary due to several factors.

The world economy is not helping. The downward trend in raw materials prices, scant dynamism in global demand, and the appreciation of the dollar are three factors that work against the region today.

Venezuela and Argentina, are facing very complex economic contexts. Venezuela is in the midst of stagflation (aggravated by plummeting oil prices); and Argentina is experiencing negative growth, high inflation, and the unresolved conflict with the “vulture funds.”

The two largest economies of the region, Brazil and Mexico, are facing their own demons. Brazil President Dilma ... Read More

Latin America, Caribbean 2014 Growth Likely Reached Only 1.1%

| December 2nd, 2014 | No Comments »
Wall Street Journal WSJ-01 By ROBERT KOZAK Growth in Latin America and the Caribbean likely reached only 1.1% this year, the slowest rate of expansion since 2009, but will jump back up to twice as high next year, the United Nations Economic Commission for Latin America and the Caribbean said.

The organization, known as Eclac, said Tuesday that Central America, including the Spanish-speaking Caribbean and Haiti, will post the best expansion in gross domestic product in the region next year, rising by 4.1%. The English-speaking Caribbean will lag with an expansion of 2.2%. South America will expand 1.8% next year, it added. Overall the area will expand 2.2% in 2015, it said.

A slump in demand in developed economies and the slowing of growth in emerging economies, especially China, hit Latin America and the Caribbean nations hard this year. China has become an important trading partner, especially for raw materials, for many countries in the region.

The agency said an economic deceleration became ... Read More

Gas boom in Bolivia brings new wealth — and regrets for a lost opportunity

| November 17th, 2014 | No Comments »
From the Washington Post

By Nick Miroff

CARAPARICITO, Bolivia — For most of his life, Oscar Robles worked for an American landowner as a lowly ranch hand, “a peon,” he says, tending cattle and corn for a light-skinned patrón as generations of Guarani laborers did before him.

Then Bolivia elected its first indigenous president, Evo Morales, who took office in 2006 pledging to right the historic wrongs committed against the country’s ethnic minorities. Morales seized the American’s land and other nearby properties, giving the Guarani their ancestral home back.

The American rancher fled. Robles became capitán, the new leader of Caraparicito.

Then he watched from the roadside as the drilling crews and construction equipment came roaring in, part of Morales’s all-out push to develop Bolivia’s gas fields and cash in on soaring energy demands in South America.

The Guarani had recovered their land, but the huge deposits of natural gas beneath it belonged to the government of Morales and its main ... Read More

China’s tie with Latin America expands to security

| November 14th, 2014 | No Comments »
China Daily

By ZHANG FAN

China’s tie with Latin American countries have exceeded from trade to security cooperation as China National Electronics Import & Export Corporation (CEIEC) is helping Local countries to build their national security control centers.

“We can say now, very proudly, that Ecuador is one of the most security countries in Latin America,”said Ecuadorian President Rafael Vicente Correa Delgado this September.

CEIEC, the state-owned company specialised in engineering and defence electronics, built an ECU-911 system for the Latin American country including two national centres, five regional centres and eight provincial command and control centres.

The project, initiated from 2011, aims to unify seven security departments of Ecuador including police system, transportation, fire control and medical treatment in order to better arrange rescue operations in limited reacting time.

By now, the system has helped the crime rate of Ecuador decreased by 24 percent, ... Read More

Drug Cartels Find Argentina Attractive Transit Way

| November 10th, 2014 | No Comments »
Article originally appeared in the Associated Press

By ALMUDENA CALATRAVA and DEBORA REY

The large electrical transformers bound for Mexico were the perfect place to hide cocaine. It was a matter of chemistry to dilute the drug into an oil mixture that could be concealed as coolant, a job handled by a Mexican engineer working discretely in a suburban warehouse near Buenos Aires.

The transformers carrying 2 tons of liquefied cocaine from Bolivia were loaded onto a cargo vessel at a Buenos Aires port and shipped out to sea. But investigators had been watching the operation and when the shipment arrived, an Argentine judge was on hand to insist on a test that, to the astonishment of authorities at one of Mexico’s most secure ports, revealed the drug.

The traffickers, Judge Sandra Arroyo said, had used “an ingenious and logistically novel method for the deception.”

The interception earlier this year called attention to a worrying trend in Argentina, the increasing use ... Read More

Republicans Should Signal Leadership, at Home and Abroad

| November 10th, 2014 | No Comments »
Roll Call

The 2014 midterm elections were a rejection of the policies of President Barack Obama. And the Republican takeover of the Senate is a repudiation of the gridlock in Congress symbolized by the bare-knuckles tactics of outgoing Majority Leader Harry Reid.

The new Republican Senate leadership should move swiftly to seize the high ground and signal it is ready to do the peoples’ business. Quick action on several international issues — the Keystone XL pipeline, trade promotion authority and long-delayed ambassadorial nominations — are bipartisan actions that Republicans should put on the table even before they take over in January.

Although opinion polls show voters favor Republican positions on the economy, foreign policy and security, the party’s brand needs burnishing. As Obama hints at a more confrontational tone that could undermine any hope of making Washington work, Republicans can rise above Obama’s blame game by working with Democrats on tangible initiatives to bolster America’s ... Read More

Las Naciones ‘Sumergidas’ de Latinoamérica

| November 5th, 2014 | No Comments »
Folha de Sao Paulo

Líderes políticos y diplomáticos de América Latina y el Caribe saben más sobre Cuba y Venezuela que incluso los observadores más astutos en Washington. Por lo tanto, deberían saber lo que le conviene más a su región ¿no?

Entonces, ¿por qué el Grupo de América Latina y el Caribe en la ONU le dio su apoyo a Venezuela para ser el próximo representante de la región ante el Consejo de Seguridad? Y, ¿por qué están determinados en invitar a el déspota cubano Raúl Castro a la Cumbre de las Américas en Panamá en la primavera?; haciendo caso omiso de las objeciones por parte de sus socios comerciales más importantes, como Estados Unidos y Canadá.

Para muchas generaciones de latinoamericanos, Cuba fue el hogar de algunas de las mejores editoriales de lengua española en el mundo, cientos de periódicos y estaciones de radio de calidad, derechos laborales progresistas, altos niveles de alfabetización y ... Read More

Latin America’s ‘submerging nations’

| November 5th, 2014 | 2 Comments »
Folha de Sao Paulo

The political leaders and diplomats of Latin America and the Caribbean know more about Cuba and Venezuela than even the keenest observers in Washington. So, they should know better, right?

Then why did the Group of Latin America and the Caribbean at the UN designate Venezuela to take the region’s non-permanent Security Council seat?

And, why are they determined to invite Cuban despot Raúl Castro to the Summit of the Americas in Panama next spring, ignoring the objections of the leaders of the consequential trade partners in the United States and Canada?

For generations of Latin Americans, Cuba was home to some of the world’s best Spanish-language publishing houses, hundreds of quality newspapers and radio stations, progressive labor rights, the region’s highest rates of literacy and nutrition, and a robust middle class.

Then came the Castro revolution. Although some may have been caught up ... Read More

Bolivia’s MAS Party Wins Legislative Assembly Vote

| October 31st, 2014 | No Comments »
Wall Street Journal WSJ-01

By RYAN DUBE

Bolivian President Evo Morales ’s ruling Movement Toward Socialism party won a two-thirds supermajority in the legislative assembly in an election earlier this month, according to final results released late Wednesday, solidifying his political control in the Andean nation.

More than two weeks after Bolivians went to the polls, the country’s electoral court announced the final results of the vote count, showing that Mr. Morales’s party, known as MAS, won 113 of the 166 seats in the assembly.

While Mr. Morales’s re-election to a third term was confirmed shortly after the Oct. 12 election, the results for the legislative assembly weren’t immediately clear.

Analysts say the two-thirds result could open the door for Mr. Morales to change the constitution, which would be necessary to remove presidential term limits.

The court said that MAS won 88 of the 130 seats in the chamber of deputies and 25 of the 36 seats in the senate ... Read More

Bolivia facing up to lower gas export prices

| October 24th, 2014 | No Comments »
Financial Times

By Andres Schipani

Bolivia, a key supplier of gas to the southern half of Latin America, is facing potentially harder times as falling international oil prices are piling downward pressure onto the price at which it sells its gas.

However, Carlos Villegas, the president of the state-run energy company, YPFB, is confident that if oil prices continue to hover around their current levels of $82 a barrel, Bolivia can avoid having to cut the prices of its exported natural gas.

“For Bolivia if the oil price lies in the range of between $80 and $100, the prices for [gas] exports will remain at their current level,” says Villegas.

Thanks to take-or-pay contracts, Bolivia currently ships about 30m cubic meters a day (mcm/d) of natural gas to Brazil at some $8.9 per million British thermal units (mmbtu), and 16mcm/d to Argentina at $10.2 per mmbtu.

The prices of such gas exports are set in relation to ... Read More

Why Bolivia could be the new hub for regional drug trafficking

| October 22nd, 2014 | No Comments »
Article originally appeared in The Christian Science Monitor

By Jeremy McDermott

Transnational organized crime likes opportunities and little resistance. Bolivia currently provides both and finds itself at the heart of a new criminal dynamic that threatens national and citizen security in this landlocked Andean nation.

This new criminal dynamic centers on the changing patterns of drug consumption in the region. Mexico’s dominance in the regional drug trade owes much to its position alongside the world’s largest drug consumer, as well as its ability to produce drugs like heroin, marijuana, and methamphetamine.

Bolivia now sits alongside the second biggest consumer of illegal drugs in the world: Brazil. Bolivia also borders the world’s principal producer of cocaine, Peru, and South America’s primary producer of marijuana, Paraguay. Meanwhile, Argentina is experiencing ballooning domestic drug consumption, particularly of “basuco” or “paco,” a form of crack cocaine which can be produced in Bolivia. Even the domestic drug markets in Chile and Peru are growing.

Bolivia is now literally at the heart of South America’s illegal narcotics trade. ... Read More

Latin America is a region plagued by incumbents

| October 17th, 2014 | No Comments »
Financial Times

By Daniel Lansberg-Rodriguez

Six weeks after falling for Marina Silva, pro-market souls (and the markets themselves) have bounced back, developing a new infatuation with the man who defeated her in Brazil’s presidential election. Propounding sensible policies and polling strongly, Aécio Neves will face off next month against Dilma Rousseff, Brazil’s formidable incumbent. He may yet prevail. Brazil’s anaemic projected growth, coupled with rising unemployment, should be fertile ground for any challenger. Yet if history is any guide there is only one thing Ms Rousseff needs to do for her re-election to be all but certain: run.

Incumbents have an advantage everywhere. They enjoy high visibility and voters tend to prefer the devil they know. Yet the record of sitting Latin American presidents is astonishing. No Brazilian president seeking immediate re-election has ever failed to attain it. As far back as the 19th century, only two governing presidents anywhere in Latin America – Nicaragua’s ... Read More

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