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  • Brazil

    Declining Economic Freedom and Growing Statism: The BRICs Are Hitting the Wall

    Economist Nouriel Roubini warned late last month at the World Economic Forum that economic growth in the so-called BRIC countries (Brazil, Russia, India, and China) is at risk: Their past successes were “hyped up,” and the futures of the BRICs are at risk due to rising statism. This rising risk … More

    Dictator Castro Now In Charge of Latin American Pro-Democracy Group

    In Santiago, Chile, on January 28, the new regional body, the Community of Latin American and Caribbean States (CELAC), passed its rotating presidency to Cuba’s dictator General Raul Castro. CELAC, according to prime backer Hugo Chavez of Venezuela, is part of a historic project to build a Latin American/Caribbean union … More

    Brazil’s Corruption Holds Back Economic Freedom

    Fresh charges of corruption are shaking up the Workers Party of Brazilian President Dilma Rousseff, as The Wall Street Journal reported last week. Reforms are long overdue. The most recent “Rosegate” scandal stems from official charges brought by the Federal Police (Brazil’s version of the FBI) after an investigation of … More

    Time to Boost Free Trade Closer to Home

    America’s free trade agreements in Latin America are a major opportunity. But even though the new U.S.–Panama free trade agreement went into effect on October 31, potentially creating up to 7,000 new jobs, the United States still seems to forget about our friendly neighbors close to home. Talk of pivoting … More

    OAS and State Department Make Right Call on Paraguay

    In his report to the permanent council of the Organization of American States (OAS), Secretary General Miguel Insulza made the correct call. After traveling to Paraguay with a group of experts and meeting with all involved parties, Insulza urged OAS member states on July 10 not to suspend or expel … More

    Presidents Obama and Rousseff Meet: Power Talk, but Little Purpose

    Americans looked to President Obama to set a bold and decisive course when he huddled yesterday with Brazil’s President Dilma Rousseff. There are critical issues on the table: Iran, the future of democracy in the Americas, free trade, energy security, and the fight against organized crime. Regrettably, serious discussion of … More

    Ethanol: A Corny Trade Policy

    Gas prices are on the rise again. The national average is now just under $4.00 a gallon, and it’s sure to rise as the summer driving season rolls near. The pesky detail not often mentioned is that our ethanol policy is a contributing factor toward these higher fuel prices. The … More

    President Obama Blames You for High Gas Prices

    President Barack Obama deflected blame for high gas prices yesterday, by blaming American consumers for their automobile choices. According to the AP, at an event at a wind turbine plant, “Obama needled one questioner who asked about gas prices.” Obama laughingly said: “If you’re complaining about the price of gas … More

    “Drill, Brazil, Drill,” Obama Says

    It took them a week and a half, but The Washington Post editorial board has finally noted the absurdity of President Barack Obama’s support for oil drilling … in other countries. From today’s paper: When was the last time an American president stood before an audience in a foreign country … More

    President Obama Can’t Wait to Buy More Foreign Oil

    The Obama Administration has already presided over the steepest rise in gas prices since the Carter Administration. And like President Jimmy Carter, PresidentBarack Obama has restricted traditional domestic energy development at every turn. According to the Energy Information Administration, President Obama’s Gulf drilling moratorium will cause domestic offshore oil production … More