Venezuelan President Nicolás Maduro will likely win Sunday’s elections—not due to fraud, but because of the opposition’s call for a boycott and continued support in Venezuela for the Chavista government.
The new face of global capitalism is everywhere in Latin America, from the fast-food chains and superstores that dominate local markets to vast new fields of soy run by transnational agribusiness. This article is the introduction to the Summer 2012 issue of the NACLA Report on the Americas, "Latin America and the Global Economy."
Argentina has experienced record economic growth, and the devalued peso, or the “high dollar,” as it is known, is at least partially responsible. But while this financial strategy is widely accepted in Argentina across the political spectrum, it has been profoundly limited.