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...bite. "Pay attention to what Chavez does, not what he says," was the message to Washington from its people in the field. But after Chavez last weekend withdrew a controversial intelligence law in Venezuela, and told Colombia's FARC rebels that the age of Marxist guerrilla warfare in Latin America is over, many may be wondering if even the bark of the hemisphere's most prominent anti-U.S. maverick has begun to mellow...
...conspiracy, however, Chavez on Sunday urged the FARC to end its 44-year-old guerrilla campaign, even declaring that the kind of Marxist insurgency he once championed has become a thing of the past. The FARC's armed movement, he said, is "out of place" in today's Latin America...
...financial interests of shareholders above the needs of clients have mounted. Already the flood of new money has come under criticism from longtime microfinance advocates for focusing too much on the largest firms operating in the most profitable countries. According to CGAP, 75% of cross-border funds go to Latin America and Eastern Europe, the world's most developed microfinance markets--the low-hanging fruit. That could leave out the poorest of the world's poor, who are predominantly in Asia and Africa. Says Alex Counts, CEO of the nonprofit Grameen Foundation, which helps develop microfinance institutions: "You might need...
Since its first volume, “Harry Potter and the Sorcerer’s Stone,” was released in 1997, the seven-part series has sold more than 375 million copies. Translated into more than 64 languages, including Latin, the novels have spawned a crazed international following that has made Rowling—once a poor, single mother writing on napkins—the highest-earning novelist in history...
Last October, Cristina Fernandez, the Peronist senator hailed both as Argentina's "New Evita" and "The Latin Hillary" won the elections with 45% of the vote, easily outpacing the other 13 candidates. But now, old ghosts from Argentina's troubled 1970s and '80s - inflation, class conflict and the threat of coups - have returned. City streets and national highways have become the stage for the kind of unrest that seemed unthinkable when Cristina succeeded to the office vacated by her husband, outgoing President Nestor Kirchner, who instead of seeking a second term after one of the most succesful presidencies in Argentina...