India’s exports to Latin America in 2018 (January-December) increased by10.9% to 12.9billion dollars in 2018. This is higher than the 9.1% increase in India’s global exports. The increase in export to Latin America is creditable in view of the following two unfavourable developments: The regions’ imports in 2018 had gone down by 10.2% to 894 billion dollars from 996 bn in 2017 and: the regional GDP growth rate was just marginal at 1.1% last year.
India had exported more to Mexico than to neig...
In 2008, US tried to block the entry of China in Inter American Development Bank and blackballed for over a year. But China succeeded in forcing its way by rallying the Latin Americans behind and became member in 2009. This was mainly due to Lula, Cristina, Chavez and other leftist presidents who had swept to power in the region in the first decade of this century and defied US successfully many times.
Last year, when the Chinese requested the Bank to to hold its 2019 annual meeting in Chengd...
Brazil is a country of the future..and always will be so. This used to be the teasing comment of critics who had watched the country which had promised with booms many times but followed with busts.
Nayib Bukele has won the presidential elections held last Sunday in El Salvador. The clean election and the victory of an outsider is a sign of maturity of the young democracy of El Salvador which suffers from gang violence, corruption and poverty. The Salvadoreans have given Bukele a clear and decisive mandate praying and hoping that he could be a saviour
The venue of the annual music festival is the samadhi of the saint which is on the bank of the Cauvery river. It feels as though the music flows into the river. The music- filled water has made the Cauvery delta region fertile, as evident from the lush green fields of rice, coconut, sugar cane, betel leaf and bananas.
Nicolas Maduro started his second term for six years as President of Venezuela on 10 January. But the political drama of his rigged re-election, the economic collapse of the country and the traumatisation of the society resemble the story of “one hundred years of solitude” by the Colombian Nobel prize winner Gabriel Garcia Marquez. The Venezuelan reality is even more bizarre than the magical fiction of Marquez in which the people of Macondo are cursed to suffer one disaster after another.
ON JANUARY 10, Nicolas Maduro started his second term as president of Venezuela. The political drama behind his rigged re-election, the economic collapse of the country and the traumatisation of the society resemble the story of One Hundred Years of Solitude by Gabriel Garcia Marquez. The Venezuelan reality, however, is even more bizarre than the magical realism in the Marquez novel.
Bolsonaro, the new President of Brazil has promised to place “God above all”. His foreign minister Araujo says, “God is back and the nation is back: a nation with God; God through the nation”.
The ex-army captain Bolsonaro is a firm believer in the power of bullet besides that of bible.
Welcome to the rule of God and Gun
WHEN CARDINAL JORGE Mario Bergoglio from Argentina was elevated as Pope Francis six years ago, an Argentine journalist approached Brazilian president Dilma Rousseff for her comments. “The pope might be Argentine, but God is Brazilian,” said Rousseff. With Jair Messias Bolsonaro taking over as president of Brazil on January 1, it seems God has sent his messenger to the country. Bolsonaro has promised to take Brazil back to the “Jewish-Christian tradition” and place “God above Brasil
India’s exports to Latin America have increased by 13.3% to 10 billion dollars in the first three quarters of 2018 as against 8.87 billion in the same period in 2017.
Brazil is a country of the future..and always will be so. This used to be the teasing comment of critics who had watched the country which had promised with booms many times but followed with busts. a Twenty First Century New Brazil had arrived during the golden years of Lula’s Presidency. But with Bolsonaro, it is back to the past.