Tag Archives: Bolivia

Sindhis of Chile

Sindhis and Hindus in Chile

By Saaz Aggarwal, Hindustan Times, New Delhi

Punta Arenas, Chile, is one of the southern-most cities in the world. There was a time when every ship crossing from the Atlantic to the Pacific through the Straits of Magellan or around Cabo de Hornos (Cape Horn) halted there. Continue reading Sindhis of Chile

Why is Bolivia the fastest growing Economy in the Americas?

Bolivia has reduced poverty and inequality more than any country in the Western Hemisphere over the last ten years by increasing the minimum wage 87%, doubling investment in schools and healthcare, and lowering the pension retirement age from 65 to 60. The government paid for these programs by increasing taxes on oil profits from 18% to 82%, which also allowed the country to eliminate its debt and amass the world’s largest surplus. Bolivia is now estimated to have the region’s fastest growing economy this year and next, according to the IMF.

See more » http://www.theguardian.com/commentisfree/2014/oct/14/evo-morales-reelected-socialism-doesnt-damage-economies-bolivia

Learn more » http://www.cepr.net/index.php/blogs/the-americas-blog/bolivias-economy-under-evo-in-10-graphs

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Ecuador: Firmly Left

By John Cherian

Courtesy: Frontline,  Rodrigo Buendia/AFP

Rafael Correa’s emphatic victory makes him the first Ecuadorian President since 1972 to win a re-election.

THE leftward swing in Latin America is being further consolidated. The avowedly socialist President Rafael Correa of Ecuador again won an emphatic victory at the polls in the last week of April. The other Latin American countries to have elected leftist governments are El Salvador, Venezuela, Bolivia, Nicaragua, Argentina, Honduras, Guatemala and Brazil. It is the first time in many decades that a President has been re-elected for a second consecutive term in office in Ecuador.

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Continue reading Ecuador: Firmly Left