Word: latinities
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...some of us hoped for, and there are many legitimate criticisms of the Bush Administration's performance. But, in fact, despite the gloom and doom from critics left and right (including, occasionally, me), the world seems to present the usual mixed bag of difficult problems and heartening developments. In Latin America, there's Hugo Chávez eroding democracy in Venezuela--but there's also pretty good news from the democracies in Mexico and Brazil. In Europe, the U.S. fares badly in public opinion polls--but the people of Germany and France have elected the relatively pro-American Angela Merkel...
ULTRA-AFFLUENT Latin America has the highest level of the superrich (at least $30 million), when defined as a percentage of the total number of rich individuals living in a region...
...Latin America...
...mass of bureaucratic red tape and costly fees. In Egypt, for example, starting a bakery takes 500 days, compliance with 315 laws, visits to 29 agencies and the financial equivalent of 27 times the monthly minimum wage. A recent study by the Inter-American Development Bank in 12 Latin American countries found that only 8% of all enterprises are legally registered and that close to 23 million businesses operate in the shadow economy. The proprietors of these businesses cannot get loans, enforce contracts or expand beyond a personal network of familiar customers and partners...
...Matthew S. Blumenthal ’08, a Crimson news editor, is a history and literature concentrator in Pforzheimer House. He is interning at Folha de São Paulo as part of the David Rockefeller Center for Latin American Studies (DRCLAS) Summer Internship Program, and has four friends on Orkut, the Brazilian version of Myspace...