Word: regionality
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...After all, the last time we stared them down, it took 40 years—and trillions of dollars in defense spending—to “win” the Cold War—a victory that was accompanied by the wholesale economic collapse of the entire region. And the Russian leadership is highly aware of the stakes at hand. Russian Prime Minister Vladimir Putin has accused the US of initiating “a new round of arms race,” and Russian President Dimitri Medvedev has warned that Russia is “not afraid...
...helping its southerly neighbors is in America’s own best interests. In a dramatic turn of events, Mexico’s drug war seems to be spilling over into Arizona. Recent Mexican-linked abductions in Phoenix are clear examples of the consequences of failing to stabilize the region. Reuters reported that Washington has pledged to give Mexico helicopters, surveillance aircraft, inspection equipment and police training under a $1.4 billion plan to beat the cartels in Mexico and Central America. Such supportive acts are the type that Latin America needs. America should not wait to intercede in Latin American...
...willing to work with President Obama. Even President Hugo Chavez of Venezuela has been overwhelmingly positive, saying that, “If he wants to converse with the Venezuelans, we are here at the order without conditions.” And, in a recent letter to Obama, 300 regional experts wrote that “U.S. prestige in the region is now at a historic low… Our hope is that you will embrace the opportunity to inaugurate a new period of hemispheric understanding and collaboration for the common welfare...
...Respite of sorts came to the region last week when a $31 billion package was announced by the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB) and the World Bank. But World Bank President Robert Zoellick says East European banks need $140 billion of fresh capital, much of which may have to come from Western Europe...
...killings come after months of turmoil among the country's neighbors, in a region which has been beset by Latin American drug traffickers, who are increasingly using West Africa as a way station for cocaine smuggling into Europe. Military officers in neighboring Guinea mounted a coup last December hours after that country's president Lansana Conte died. Conte's administration had been seen as particularly friendly to the foreign drug lords. Last week, Guinea's military coup leaders arrested several politicians and military officers in the capital Conakry, charging them with drug smuggling for the Colombian cartels. The late President...