Latin America finally came to the fore of the campaign last week, when John McCain and Barack Obama both spoke in Miami, one epicenter of the U.S. Hispanic community. As expected, Cuba was the main topic of their speeches, and…
Inflation has become a serious problem in Latin America. Argentina’s foreign reserves recently reached a historic high, thanks to the Central Bank purchasing massive numbers of dollars to keep the exchange rate “competitive.” Inflation there is now reputed to be…