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...mustachioed, sombrero-wearing Zelaya makes for an unlikely leftist hero. A 56-year-old former rancher and timber merchant, he took office in 2006 after campaigning on a centrist platform. But once in power, he drew close to Venezuelan President Hugo Chávez and quickly copied his formula for popularity: giving handouts to the poor and blaming all the country's problems on the rich. Amid rising crime and a spluttering economy, the establishment turned on Zelaya. The flashpoint came in June, when he called for a nonbinding referendum on changing the constitution to allow Presidents to stand...

Author: /time Magazine | Title: Hondurans Take Sides and Hit the Streets | 7/1/2009 | See Source »

...Within months, though, she was locked in acrimonious standoffs with everyone from farmers, who mobilized against her hikes in commodity-export taxes, to opposition leaders, who decried her efforts to nationalize private pension funds and her government's ties to a Venezuelan financial scandal. They also argued that Kirchner was still calling the shots from the presidential palace. Even her Vice President, Julio Cobos, last year cast the deciding Senate vote against her and for the farmers in a humiliating policy defeat...

Author: /time Magazine | Title: What Argentina's Midterms Mean for Latin America | 6/30/2009 | See Source »

...would be tempting for Washington to dismiss Sunday morning's military overthrow of Honduran President Manuel Zelaya as just a minor banana-republic convulsion. But the Obama Administration doesn't have that luxury. Zelaya is a member of the club of left-wing Latin American leaders - and its honcho, Venezuelan President Hugo Chávez, has already deemed this a hemispheric crisis that will challenge the new north-south bonhomie President Barack Obama established two months ago at the Summit of the Americas in Trinidad. Less than an hour after Honduran military aircraft had whisked Zelaya into apparent forced exile...

Author: /time Magazine | Title: The Honduran Coup: How Should the U.S. Respond? | 6/29/2009 | See Source »

...Central America - a region that, despite its signing of a free-trade pact with the U.S. a few years ago, has since seen leftist Presidents take power in Nicaragua and El Salvador and more centrist governments like those in Honduras and Costa Rica join energy alliances with left-wing Venezuelan President Hugo Chávez. "I think this shows that, at least in countries where the democratic rules of the game are accepted, more right-of-center politicians like [President Alvaro] Uribe in Colombia or [President Felipe] Calderón in Mexico can, of course, compete in Latin America," says...

Author: /time Magazine | Title: Panama's New President: A Boost for Business | 5/5/2009 | See Source »

Voters on Sunday re-elected him to a second consecutive term, though under unusual conditions. Before Correa, no President elected after 1992 had managed to stay in office for a full four-year term. Like Venezuelan President Hugo Chávez, Correa espouses "21st century socialism," which has put him on a confrontational course with Washington over the past few years. But even more so than Chávez, who publicly warmed to U.S. President Barack Obama at the recent Summit of the Americas in Trinidad, Correa has been effusive about the new government in Washington. Obama is a "sincere...

Author: /time Magazine | Title: In Ecuador, a Win for the Left May Be Good for Business | 4/28/2009 | See Source »

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