Posts tagged ‘Dilma Rouseff’

LATIN AMERICA: Is Populism Out? Conservatism In?

Marching to the Right?

South America map courtesy of Nations Online Project

South America map courtesy of Nations Online Project

Is populism on the wane in Latin America’s larger economies?

On Thursday (December 9), Argentina’s new business-friendly conservative President Maurico Macri took office after 12 years of left wing government.

Voters recently dealt an electoral blow to the populist legacy of the late Hugo Chavez and his United Socialist Party of Venezuela — electing an opposition majority to the National Assembly.

Meanwhile lawmakers in Brazil are trying to impeach another populist, President Dilma Rousseff, who is is grappling with a severe economic downturn and a massive corruption scandal in her Workers Party government.

But bad news for leftists is good news to foreign investors, according to Bloomberg News (via the Tico Times).

Venezuelan bonds climbed after the opposition won a majority in Congress for the first time in 16 years, Bloomberg reported, adding that the Global X MSCI Argentina exchange-traded fund has seen asses under management climb since polls showed Macri was likely o win the presidency. Investors have also piled into the biggest Brazil stock, ET< since impeachment proceedings against Rousseff were initiated, the business news site said.

The Venezuelan elections could also have significant consequences for Russian oil development contracts and a slowdown of arms sales to Venezuela, according to RBC Daily (via Russia Beyond the Headlines).

Today Venezuela is Russia’s second largest American trading partner after Brazil. Trade relations between the two countries is largely focused on oil and defense. Russia’s state oil enterprise Rosneft is collaborating on five joint oil production projects in Venezuela, including developing oil deposits in the Orinoco River Valley, according to RBC.

Russia has supplied much of Venezuela’s military weaponry including Su-30 fighter jets, T-72 tanks and Grad multiple rocket launchers, according to RBC.

While Chavez’s hand-picked successor, Nicola Maduro, remains president, his party’s capability to influence decisions has been significantly reduced, RBC said. The assembly voting is the worst-ever defeat for the leftist movement founded by Chavez in 1999, according to the BBC.

Argentina’s economy isstuck in a prolonged slowdown and facing a recession next year, according to International Monetary Fund forecasts. But Macri’s room to maneuver will be limited by Congress, where the coalition loyal to his predecessor Cristina Kirchner and her husband Nestor — also a former president — will be the largest party in the lower house and have an absolute majority in the Senate, according to AFP.

Meanwhile, Brazil’s Supreme Court has suspended impeachment proceedings against Rousseff until it rules on a secret vote that apparently stacked a congressional committee with opponents trying to oust her, according to The Independent website.

 

December 10, 2015 at 11:28 pm Leave a comment

LATIN AMERICA: Brazil Rainforest Battle; U.S.-Brazil Relations

Fighting Illegal Amazon Logging.

Amazon Basin. The yellow line encloses Amazon Basin as delineated by the World Wide Fund for Nature. National boundaries are shown in black. (Image by NASA, boundaries by Pfly, via wikipedia.)

Amazon Basin. The yellow line encloses Amazon Basin as delineated by the World Wide Fund for Nature. National boundaries are shown in black.
(Image by NASA, boundaries by Pfly, via wikipedia.)

Government officials in Brazil say fighting illegal logging of the Amazon rainforest is like battling illegal narcotics operations elsewhere.

Maria Luisa de Sousa has been co-ordinating a month-long operation to halt illegal logging in northern and eastern Mato Grosso state by the government-funded institute responsible for environmental protection. She says the fight to save the Amazon is increasingly a fight against organized crime. “You can compare it to the struggle against drugs trafficking. The crime and the criminals keep on adapting,” she tells the BBC in a piece today (July 9) on the battle to save the rainforest.

De Sousa’s organization, Ibama, uses helicopters to spot timber poachers from the air. But in the future, unmanned aircraft are expected to join the fight to preserve the Amazon region — which represents over half of the planet’s remaining rainforests and has been called the Lungs of the World. Last May in Atlanta, at the huge annual robotics conference of the Association of Unmanned Vehicle Systems International (AUVSI), several unmanned aircraft manufacturers told 4GWAR that they expected the need to persistent aerial surveillance in the Amazon region and elsewhere in Brazil will heat up the Latin American market for drones  — large and small. We’ll be writing more about this at 4GWAR in coming weeks.

Meanwhile, according to the BBC report by ew monthly figures show that deforestation rates in some parts of Brazil have almost doubled compared to last year. Those statistics also show that increasing amounts of wood are illegally taken from protected indigenous reserves.

Back in 2010, Brazil announced a new strategic defense plan calling for increased military presence in the Amazon region to link national defense with national development by protecting and leveraging Brazil’s large water, agricultural and energy resources. That plan called for building up Air Force, Army and Navy capabilities including five new submarines and supplying its own satellite imagery — rather than but it from other countries.

Even though President Dilma Rousseff has cut government spending as the country staggers through a contracting economy, Brazil is still among the top 15 countries with the highest military spending in 2014, according to data gathered by the Stockholm International Peace Research Institute.

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Brazil-U.S. Relations.

Dilma Rousseff Official photo via Wikipedia

Dilma Rousseff Official photo via Wikipedia

Brazilian President Dilma Rousseff visited Washington in late June and met with President Barack Obama and Vice President Joe Biden. And that seemed to signal that after two years of acrimony, the two countries were moving to reset their relations, according to an article in the World Politics Review.

Bilateral relations cooled significantly after revelations in 2013 by rogue National Security Agency (NSA) contractor Edward Snowden of U.S. eavesdropping on Brazilian officials — including Rousseff. The Brazilian president cancelled her state visit scheduled for that October, after the scandal broke.

In the intervening years, Russia has sought closer ties with Brazil — particularly in defense technology sales. Brazil is set to buy Russian Pantsir air defense systems in early 2016.

Last Fall, Brazil announced it was buying its next generation fighter jets from Swedish aircraft manufacturer Saab. Brazile will pay $5.4 billion (39.3 billion Swedish krona) for 36 new Saab Gripen NG jetfighter airplanes.

Brazil (CIA World Fact book)

Brazil (CIA World Fact book)

 

 

July 9, 2015 at 10:48 pm Leave a comment


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