Tough Times Ahead for Argentina’s Cristina Fernandez de Kirchner

Aaron Goldfarb 8 August 2007

After presiding over an impressive fifth year of economic expansion in Argentina, President Nestor Kirchner could have easily won a second term in the upcoming October elections. Instead, Kirchner is stepping aside to let his wife, Cristina Fernandez, seek the presidency. Cristina, who has often been compared to Hilary Clinton, has been a leading figure in the Senate for the past four years. Though her approval rating is not as high as her husband’s, Cristina (as she likes to be known) is still heavily favoured ...   more »

Costa Rica switched diplomatic relations from Taiwan to Mainland China earlier this month, citing economic reasons as the deciding factor. Costa Rica’s realignment is a small example of how Chinese "checkbook diplomacy" is reshaping Latin American politics. By financing multi-billion dollar infrastructure and public works projects in Latin America, China is receiving contracts for raw materials and foodstuffs that will feed the appetite of its ever expanding economy. On his 2005 tour, President Hu Jintao spoke of a US$100 billion investment in South American infrastructure over the next ten years. Clearly, China is laying the path for a long-lasting presence ...   more »

     The bill that proposed a pathway to citizenship for the estimated 12 million illegal immigrants in the United States now lays dead on the Senate floor, where it will likely stay until after the 2008 presidential election.  Latin American leaders expressed their disappointment, with Mexican President Felipe Calderon calling the Senate’s defeat of the bill, “a grave error” and Salvadorian President Elias Antonio Saca labelling the bill’s demise, “a pity”.  Yet a much more incensed tone arose from the Latin American press.  An op-ed in the Mexican newspaper La Jornada placed responsibility on the shoulders of President Bush, ...   more »