If you followed our Milken pop-up newsletter last week, you know financiers along with Mexican and Canadian officials were hopeful in Los Angeles that a final deal could be reached on a new NAFTA agreement before election campaigns in the U.S. and Mexico take over this summer. In fact, the chatter was that a deal could come in the next week or two.
My friend and colleague Alejandro Rodriguez, director of the Department of Economics at CEMA in Buenos Aires, wrote me a few emails that Argentina seems to be blowing up again in very interesting and sad ways. I haven't seen any coverage in the US media.
Professor Niall Ferguson visited São Paulo in April to address Itaú’s annual MacroVision conference, and found time to sit down with Euromoney to talk fintech, social media and trade. In particular he focused on China and how it will impact Latin America’s future.
Cuba finally has a new president with a new name, Miguel Diaz-Canel. But, assert The Daily Beast’s Christopher Dickey and Ingrid Arnesen, “the notion that a new face in Havana means a new Cuba” is “sadly mistaken.”
The ongoing investigation by the House Intelligence Committee into abuses of the Foreign Intelligence Surveillance Act by the Department of Justice and the FBI has, if nothing else, further legitimized concerns over mounting American corruption crony capitalism that initially drove many voters to support the Donald Trump candidacy and the "drain the swamp" movement.
Sometimes it takes an oilman to undermine an oilman. Reminiscent of J.R.’s tactics to edge out brother Bobby from the family Ewing Oil company in the fictional 80s “Dallas” TV show, America’s chief diplomat and Exxon oilman extraordinaire is upping the pressure on Venezuela’s Nicolas Maduro. One possibility? A little military coup.