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SnapshotsJan 27, 2020 | 21:36 GMT
A Fragmented Parliament Paves the Way for Peru's Anti-Corruption Drive
Peru's parliamentary election is likely to yield a fragmented congress but still open up a path to moving anti-corruption legislation sought by the South American country's president and public opinion. This is likely to promote stability in the near term, but the next government in 2021 after this transitional period could take Peru in a different direction.
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SnapshotsMar 21, 2019 | 19:29 GMT
Brazil: Former President Temer's Arrest Marks a Key Moment in Ongoing Corruption Probes
Brazilian federal authorities arrested former President Michel Temer and his ally Wellington Moreira Franco, the country's former energy minister, on March 21. The two men were arrested on corruption charges stemming from their alleged involvement in criminal activities uncovered by the Lava Jato investigation. Temer has previously been accused of receiving payoffs from companies that overcharged the federal government for construction and other services.
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AssessmentsAug 23, 2018 | 10:00 GMT
Specialists monitor dials in the control room of the Angra 1 nuclear plant in Angra dos Reis in Brazil's Rio de Janeiro state on April 12, 2011.
Brazil Considers the Nuclear Option
For four years, a corruption scandal has kept Brazil down for the count on some of its biggest projects, including a third nuclear energy plant. Now, however, things appear set to change as the country emerges from the corruption probe and stalled construction work resumes on nuclear facilities -- particularly the third nuclear plant. Boasting the world's sixth-largest uranium reserves, Brazil is also eager to attract investments to its uranium-mining industry. In all, Brazil hopes to meet the demand for nuclear plants, construct a multipurpose nuclear reactor and further harness atomic energy for medicine and agriculture. But in turning its face once more to nuclear power, Brazil could also leave the door open to the production of nuclear weapons –- a development that could elicit far more pushback at home and abroad.
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SITUATION REPORTMar 21, 2018 | 19:16 GMT
Peru: President Resigns Ahead Of Impeachment Vote
Peruvian President Pedro Pablo Kuczynski submitted his resignation to Congress on March 21 ahead of an impeachment vote over illegal payments he allegedly received from Brazilian construction giant Odebrecht before assuming office, Reuters reported.
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AssessmentsMar 21, 2018 | 13:51 GMT
Peruvian President Pedro Pablo Kuczynski sits in the Oval Office of the White House during a meeting with U.S. President Donald Trump in February 2017.
Why Peru's Impeachment Vote Won't Rock the Boat
Peruvian President Pedro Pablo Kuczynski has gone from the frying pan to the fire. Just three months ago, Peru's embattled president survived impeachment proceedings over allegedly illegal payments, and now his legislative foes are circling again in a bid to unseat him in a March 22 session. But regardless of the short-term political fallout surrounding Kuczynski, instability is unlikely to blight Peru in the long term: Even if the president is impeached, the economic road ahead for the world's second-largest copper producer appears smooth -- a few short-term bumps notwithstanding.
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On GeopoliticsMar 8, 2018 | 22:20 GMT
A Brazilian anti-corruption protest in Sao Paulo on Dec. 4, 2016.
In a Time of Anti-Corruption Campaigns, Context Matters
While Saudi Crown Prince Mohammed bin Salman has been shaking down princes at the Ritz Carlton in Riyadh, Russian opposition leader Alexei Navalny has been riling up protesters with YouTube videos of luxury dachas, and probes into Brazilian construction giant Odebrecht have been knocking down Latin American politicians like bowling pins. Whether driven by appearances, power consolidation or state survival, anti-corruption campaigns are pervading the global discourse.
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AssessmentsFeb 14, 2018 | 15:28 GMT
The Brazilian economy is back in the black and may be headed to an even greater economic recovery this year.
Brazil's Industrial Heavyweights Are Stepping Back Into the Ring
It's been a tough couple of years for Brazil's "national champions." Implicated in a far-reaching corruption probe in 2014 that centered on Petroleo Brasileiro (Petrobras), the giants of Brazilian industry faced the full force of the law over illicit activities at home and abroad. But fast-forward to 2018, and the country's champions appear to be back on their feet. Brazil's economy exited a recession last year, and the country is likely to grow by even more this year. And now with major companies signing leniency deals with Brasilia and restructuring their businesses, large corporations may soon regain some of the clout they enjoyed beyond the country's borders.
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SnapshotsFeb 2, 2018 | 20:26 GMT
Peru: President May Soon Face Another Impeachment Vote
Peruvian President Pedro Pablo Kuczynski may soon face the threat of impeachment a second time. On Feb. 1, leftist opposition parties New Peru and Broad Front presented separate motions before Congress alleging that Kuczynski had abandoned his duties, an impeachable offense. New Peru claims that the president, in an act of corruption, failed to report consulting payments received from Brazilian construction firm Odebrecht. According to Broad Front, meanwhile, Kuczynski's recent deal with lawmakers from the Popular Force party to release former President Alberto Fujimori from prison violated the rights of Peruvians whose family members were killed by the state under his watch.
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AssessmentsDec 20, 2017 | 09:00 GMT
People protest against corruption in Lima, Peru, on Dec. 16, 2017, as the presidency of Pedro Pablo Kuczynski hangs in the balance while the opposition, which controls Congress, demands he steps down or face impeachment over graft allegations linked to Brazilian construction company Odebrecht.
In Peru, Presidential Impeachment Is No Idle Threat
Peru may vote out its president by the end of the week. The largest opposition party, Popular Force, has demanded President Pedro Pablo Kuczynski's resignation, slating an impeachment vote for Dec. 21. Kuczynski was asked to resign over alleged corruption relating to payments by Brazil's largest construction firm, Odebrecht. Investigators looking into bribery of Peruvian officials by the Brazilian company uncovered more than $700,000 in what lawmakers claim were unreported payments to Kuczynski from 2004 to 2012. It's these payments during his tenure in government that are at the heart of the growing corruption scandal. From 2004 to 2005, Kuczynski was economic minister under former President Alejandro Toledo. From 2005 to 2006, he was the country's prime minister. And while an impeachment may not destabilize the Peruvian government, the opposition's demand is not an idle threat.
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AssessmentsDec 15, 2017 | 09:00 GMT
Bolivia and Brazil have an agreement to build a rail line through Bolivia that would connect the Peruvian port of Ilo with Brazil's rail network.
Getting Brazil's Infrastructure Back on Track
Brazil's breadbasket is centered in its fertile midwestern highlands with their subtropical climate conducive to growing grain. But given the poor transportation infrastructure connecting those grain-producing regions with major ports on the northeastern coast, Brazilian corn and soybeans often do not follow the most efficient route to export destinations. Considering the importance of agriculture to both Brazil's gross domestic product and its total exports, improving the efficiency of road and railway networks has been a priority for the country. Action on infrastructure projects until now has been derailed, but that is changing.
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AssessmentsOct 17, 2017 | 09:15 GMT
Ecuadorian President Lenin Moreno was vice president under Rafael Correa from 2007 to 2013.
With a New President, Ecuador Begins Leaving Venezuela Behind
Venezuela is losing another political ally in South America. The election of left-wing Ecuadorian President Lenin Moreno in May seemed to indicate that Quito would continue the foreign and domestic policies of Rafael Correa, Moreno's predecessor and one of Venezuela's main allies in the region. In fact, Moreno, who was Correa's vice president during 2007-13, has begun charting his own path, pulling away from Venezuela and raising the ire of the ruling left-wing coalition, Alianza Pais.
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AssessmentsOct 11, 2017 | 09:00 GMT
Several Latin American countries maintain trade and diplomatic ties with North Korea despite U.S. pressure to sever their relations with Pyongyang.
The Limits of Latin American Action on North Korea
As the United States works to prevent North Korea from attaining a credible nuclear deterrent, it is using all the tools it has. Its campaign to isolate the country includes pressing trade partners around the world to stop doing business with North Korea and suspend diplomatic relations with the government in Pyongyang. In Latin America, the U.S. demands have met with mixed results. While some countries have broken off their relationships with North Korea, others have shrugged off the pressure.
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