A recent report published by the Deutsche Bank revealed that China is rebalancing their economy, creating potentially devastating effects for Latin America. The report highlights the declining growth of real GDP as China shifts from a production to consumption based economy. The shift will have the largest effect on countries that primarily trade natural resources with China. The lessening of dependence on Latin America for metals such as iron ore, copper and crude oil will specifically hurt Chile and Venezuela.
Economy and Development
The capital of Colombia made headways in transportation in 2000 when they launched their Bus Rapid Transit (BRT) system, “TransMilenio.” The first rapid transit system of its kind implemented in the country succeeded in unifying thousands of independently operating bus companies under one system. Since it was opened to the public it has grown to include 12 lines serving 144 stations in the city of Bogota.1
En mayo de este año los colombianos vieron un cambio en los colegios: la eliminación de gaseosas y otras bebidas azucaradas. La decisión fue tomada voluntariamente por ocho compañías bien conocidas como Coca Cola, Pepsico, y Bavaria. Con el objetivo de liderar un cambio positivo en la salud de los colombianos, las empresas también se comprometieron a dejar de usar publicidad relacionada con bebidas en escuelas primarias y a trabajar en la promoción de hábitos de vida activos y saludables.
Richard J. Kilroy, a professor of regional and analytical studies at the National Defense University, Abelardo Rodríguez Sumano, a professor of international studies and international security at the University of Guadalajara, and Todd S. Hataley, an adjunct professor at the Royal Military College of Canada and research fellow at the Centre for International and Defense Policy at Queen’s University, discuss the security relations between the United States, Canada, and Mexico in North American Regional Security: A Trilateral Framework.
Each year it seems a new superfood enters the market, the majority of which originate in South America. Among these include kiwicha, pichuberry, sacha inchi, maca, cacao, acai, chia, and arguably the most famous of them all, quinoa. Health-conscious consumers covet these nutrient-dense foods that contain more antioxidants, vitamins, minerals, enzymes, and protein than most foods grown locally in the United States.
The original intent of microfinance—to assist the poor excluded from conventional banks by providing them access to financial services—attempted to correct social and market failures that were unfair to certain groups of people. This idea of conventional banking turned upside down to help those people excluded was inspiring and has captivated the world. Yet, its initial fiery rhetoric has dissipated. The outing of banks as elitist is what most Afro-Caribbean people can resonate to as it has been their banking experience.