Courtesy: BBC
The election of Salvador Sanchez Ceren, a leftist ex-guerilla fighter, as president of El Salvador, is a reflection of the maturity and inclusiveness of the Latin American democracies. With his compassionate and pro-poor policies, Ceren has the vision and compassion needed to reduce poverty and break the vicious cycle of crime and violence which has paralysed El Salvador
Courtesy: McFarland
'Latin American Unification: A History of Political and Economic Integration Efforts' is an objective and optimistic narrative by Salvador Rivera of the region’s attempts at consolidating its collective strength
Courtesy: wikimediacommons
Even small Indian IT companies have managed to succeed in the Latin American market. Understanding the local culture is one of the main keys to success as illustrated in the case of Mann India Technologies, which was one of the earliest Indian entrants in the Latin American IT market.
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In its first week in office, the new government has sent out signals outlining India’s economic and foreign policy outlook. This is exactly what Gateway House has envisioned and recommended in its publications over the course of the last three years
Courtesy: www.narendramodi.in
The burgeoning trade between the state of Gujarat and Latin America has ensured that Narendra Modi’s campaign is closely followed in Latin America. The new government in India must build on this engagement, which will help address India’s energy, food and investment needs
Courtesy: Google Maps
In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
Courtesy: durdaneta/Wikimedia Commons
On the political as well as economic fronts, Venezuela is facing multiple problems – from protests against shortages and crime, to high inflation and low foreign exchange reserves. The government itself is responsible for creating this situation over the years and a change in leadership may now be the solution
Courtesy: Berardo62/Flickr
India’s oil imports from Latin America increased from 4.5% in 2003 to 11% in 2012-13. This marks a diversification in India’s energy policy. With Latin America’s surplus energy production and discoveries in off-shore oil fields, India must further consolidate its oil trade with the region
Courtesy: glaubercavalcante
Like Brazil, many other countries in Latin America have implemented successful poverty-alleviation programmes, including cash transfers, as part of an overall strategy for reducing inequality. These programmes can be a model for other developing countries
Courtesy: MercoPress - South Atlantic News Agency
MercoPress - South Atlantic News Agency republished Ambassador R. Viswanathan's article on the failure of Jindal’s mining and steel project in Bolivia. Ambassador opines that a foreign investment plan should always be corroborated with a proper political risk analysis to ascertain the understanding of local politics and culture.