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Latin America #3

  • Paper maze in Amazon
  • Next Great S.A. Airline?
  • Yellow jersey in Brazil
  • Deported children in Guatemala
Published every Thursday

Atlantic Council

Argentina reaches key debt deal amid COVID-19 downturn

After months of negotiations, the Argentine government and major creditors reached a deal on August 4 to restructure Argentina’s $65 billion in sovereign debt.

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((o))eco

Paper maze and lack of transparency cloak investment in companies involved in Amazon deforestation

Meatpacking and retail companies use dozens of subsidiaries and even tax havens to hide the origins of its investments.

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Science

‘We’re losing an entire generation of scientists.’ COVID-19’s economic toll hits Latin America hard

As the COVID-19 pandemic surged across the United States and Europe in February, scientists at Mexico’s Center for Research and Advanced Studies (Cinvestav) sprang into action. They quickly converted one of their research labs into a diagnostic clinic, and by mid-March, as cases began to mount in Mexico, they had launched seven other COVID-19–related projects

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Foreign Policy

Trump’s Pick to Run Latin America’s Development Bank Is the Last Thing It Needed

Foisting a divisive, first-ever U.S. president on the Inter-American Development Bank will likely hinder — not help — the bank’s quest to raise cash during the coronavirus pandemic.

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Anadolu

Foreign investors give Bolsonaro ultimatum on Amazon

Businessmen fear destruction of Brazil’s image; investors ask for enforcement, effective measures against deforestation

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HuffPost

Jair Bolsonaro Is Pushing Brazil’s Democracy To Its Breaking Point

More than 100,000 Brazilians have died of COVID-19, a pandemic the far-right president largely dismissed as a conspiracy. The economy is approaching a free-fall. And Bolsonaro’s authoritarian attempts to seize control of the world’s fourth-largest democracy have pushed Brazil into a political crisis.

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Simpleflying

Could JetSMART Become The Next Great South American Airline?

JetSMART is a Chilean low-cost carrier that is currently expecting to increase its presence in South America. Last month, we reported that the airline plans to launch a branch in Peru. Now, it seems to be looking at Colombia, Brazil, and Uruguay. Is JetSMART ready to become a powerhouse in the region?

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Reuters

Children rapidly deported from the United States strain Guatemalan shelters

GUATEMALA CITY/LOS ANGELES – Hundreds of migrant children rapidly expelled from the United States under a coronavirus immigration policy are returning to shelters in Guatemala where virus testing and bed capacity are regularly stretched to their limits.

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USA Today

Fact check: Socialism alone did not destroy Venezuela’s economy

A Facebook post shared tens of thousands of times since 2019, and recently viral, claims that in only a decade, Venezuela’s once thriving economy was crippled by socialism.

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CNN

How a yellow jersey is dividing Brazil

Brazil’s bright yellow jersey is a symbol that unites the country through a love of football and national pride, but over the past two years the shirt’s adoption by right wing supporters of Jair Bolsonaro, who wear it at protests and rallies to show their political allegiance to the Brazilian president, is causing controversy.

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