Iran isn’t actively supporting terrorist cells in Latin America and its influence is waning in the region after almost a decade of promises to increase investment, according to a State Department report.
President Hugo Chavez greeted Venezuelans in a video this month reading from Friedrich Nietzsche on the attributes of a superman. The days when Chavez played that role himself with six-hour speeches and midnight meetings are gone for now, a casualty of cancer.
Nokia Oyj , AT&T Inc. and Verizon Communications Inc. are urging the U.S. government to ease rules that keep them from operating in Cuba even after President Barack Obama loosened telecommunications regulations last year to promote democracy on the communist island.
Brazil is being held back by a strengthening currency, the fastest inflation in six years and an increase in government spending, damping growth prospects in the world’s second-largest developing economy.
Fifty years ago this month, the U.S. launched the Alliance for Progress to turn Latin America away from Soviet communism. When President Barack Obama heads to the region March 18, he’ll seek to thwart a rival eroding U.S. commercial dominance in its backyard: China.
U.S. Secretary of State Hillary Clinton quoted Latin American independence heroes Simon Bolivar and Jose Marti today in a visit to Ecuador as she sought to improve U.S. relations with an ally of Venezuela’s Hugo Chavez .
President Barack Obama will be under fire from Latin American leaders frustrated with the U.S.- led war on drugs and attempts to isolate Cuba when he arrives this week in Colombia for a regional summit.