Turmoil and conflict is nothing new to the countries in Latin America, and the last few months some of the most prosperous countries have been experiencing problems. Argentina’s currency took a nosedive, leaving the country in crisis. Brazil’s growth rate has slowed significantly and World Cup protests are growing by the day. And oil heavy Venezuela is experiencing massive protests over inflation and shortages.
In Havana this past weekend, Cuba passed a new law to open the country to foreign investment. The latest in a series of reforms by Raul Castro, who succeeded his brother Fidel in 2008, this law encourages foreign capital in an effort to advance Cuba’s development and struggling economy.