U.S. Riots Take a Page from the Latin American Socialist Playbook

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Sparks Fly Between Chile and Peru

Re-Blogged From Stratfor

Highlights

  • Chile’s relationship with Peru has improved since 2014, when the International Court of Justice issued a final ruling over their territorial dispute. That trend will continue this year as both countries prepare to connect their electricity systems.
  • Chile’s need to increase the electricity supply to its growing lithium industry will play a key role in the drive for energy integration projects with Peru.
  • Chile’s recently elected president, Sebastian Pinera, will assume office in March and is likely to continue pursuing this trend.

A map of South America shows the long-disputed borders between Chile and Peru.

(BEYHAN YAZAR/iStock)

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China Makes a Power Play in Brazil and Argentina

The last two years have been hard on Argentina and Brazil. A sweeping corruption investigation and the impeachment of President Dilma Rousseff have sent Brazil’s currency tumbling. The country’s economy contracted by 3.8 percent in 2015 and by another 3.6 percent the following year. The Argentine peso, meanwhile, fell 40 percent against the U.S. dollar after the government lifted currency controls in late 2015. But for foreign investors, the two South American nations’ economic hardship presents an opportunity. The depreciated currencies in both countries, combined with their governments’ need for investment, has enabled Chinese companies to buy up cheap assets and launch major infrastructure projects in Argentina and Brazil alike. The electricity sector in particular has been a focus of their activities.

(YASUYOSHI CHIBA/AFP/Getty Images)