"Venezuelan Lessons" and the Crisis in the Argentine Economy: Latin America in a Week

"Venezuelan Lessons" and the Crisis in the Argentine Economy: Latin America in a Week

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The main political event of the current period, the Venezuelans call the negotiations between the government and the opposition, which are taking place in Mexico

Russia and Venezuela Image © The Radical Outlook

A new round of negotiations will last until October 6. Among the results achieved in the first round of elections is the consent of the Venezuelan opposition to take part in the regional elections on November 21. In addition, the Venezuelan authorities released an opposition leader convicted of involvement in the assassination attempt on the head of state in 2018, TeleSur comments .

The second round of negotiations, as stated by the head of the Venezuelan delegation, Jorge Rodriguez , is based on the restoration of economic guarantees and freedoms for his country. “We are making sure that the economic guarantees that have been stolen, blocked and stolen from the people are restored,” Rodriguez said. Also, MP Rodriguez stressed that the process is taking place in a harmonious atmosphere, “it is hard work, but there is also a willingness to move forward,” writes AVN .

Venezuelan expert, political scientist Vicente Quintero commented on the situation especially for EADaily :

“Due to the unsatisfactory results of past negotiations between the government and the opposition, it is difficult to be very optimistic. Procrastination benefits both internal and external stakeholders. We may be optimists, but not blindly optimists. So far, all indications are that specific sanctions will be eased and that the opposition is about to rethink its strategy. At least until 2024, the opposition will abandon the current strategy of absolute pressure, which has failed. Both the government and the opposition are learning from this situation. “

Venezuelan entrepreneur Carlos Diaz told EADaily in a telephone interview :

“Politics is politics, but first of all, the Venezuelans are interested in the economic situation. There is no such critical situation as five years ago in Venezuela now, products on the shelves, albeit at high prices, have appeared. The dollar has returned. The segment of the population that is involved in the supply of food or the distribution of humanitarian aid has a high standard of living. But there is still a long way to go to a general rise in welfare ”.

Another serious problem is the lack of the required number of jobs. In this connection, the government decided to unofficially open gambling houses. For example, in 2011, Hugo Chavez closed a large number of casinos across the country, as a result of which about 100,000 people lost their jobs. To date, the government has given permission to open 30 casinos, writes Aporrea .

The first steps towards the opening of the Venezuelan-Colombian border were also made last week. An agreement was signed to open the border between the countries for pupils and students of border regions.

A hundred days have passed since the new government of Ecuador came to power. President Guillermo Lasso gave a special interview on September 2, 2021.

It was dedicated to the results of the first 100 days of the new president’s rule and his government’s plans for the future. The interview took place at the Pululaua Geobotanical Reserve, located in northwest Quito. In this protected area, the President spoke about the environmental policy of his government, raised issues of education, economics, management, among other issues of national interest, comments “Ecuador Today”.

Separately, the head of state touched upon the problem of security, noting that the governments that preceded him did not deliberately deal with this problem. “It is an irresponsible attitude that for 14 years they left the country at the mercy of the mafias.” Asked if there is a link between politics and drug trafficking, the Ecuadorian president said he had “no evidence, but no doubts.”

Note that Ecuador is actively expanding its international relations. According to FAN , Ecuador has expressed a desire to join the Pacific Alliance. This was stated by the head of Ecuador Guillermo Lasso during a meeting with Mexican President Andres Manuel Lopez Obrador.

In turn, the Mexican side expressed its support for Ecuador’s aspirations to become the fifth member of the alliance, which currently includes, in addition to Mexico, Colombia, Peru, and Chile. Later this month, Mexico will host the CELAK Summit, which will discuss regional cooperation, production and distribution of Covid-19 vaccines, and political integration.

As a reminder, CELAK is the Community of Latin America and the Caribbean. Currently, CELAC includes all the independent states of North, Central, and South America, excluding the USA and Canada. The territory of 33 CELAC member states exceeds 20 million sq. km, population – more than 590 million people. CELAC stands for a multi-vector foreign policy. The main guarantee of solving the urgent problems of the region is not only solidarity and complementarity, but also the development of relations with the European Union, China, Russia, India, South Korea, Japan, and Turkey, Andes wrote earlier.

The countries of the Southern Cone are preparing for the gradual opening of borders on the eve of the upcoming holiday season. However, the fight against the pandemic continues. As well as active attempts to get out of the severe economic crisis, from which Argentina has suffered especially.

Argentina’s economy is set to grow 7.2% in 2021, according to Reuters. Analysts said so in a poll released Friday by Argentina’s central bank, improving their forecast for growth by 6.8% last month.

Inflation in 2021 is expected to be 48.4%, up 0.2 percentage points from last month’s estimate, according to 42 respondents to a survey of market expectations (REM) conducted by Argentina’s central bank on Aug. 27-31. Analysts had forecast inflation in August at 2.8%. The third-largest economy in Latin America has suffered from high inflation for several years and has been in recession for three years. These economic troubles have been exacerbated since the 2020 COVID-19 pandemic.

However, an Argentine entrepreneur from a White émigré family Leonardo Golovanov commented on the situation for EADaily :

“Since the beginning of the year, unemployment in Argentina has increased by 10, 2%, the cost of living has increased by 3%, inflation is growing. More than half of the population lives below the poverty line. And a significant part is below the subsistence level. In such conditions, preparations are underway for the so-called. primary elections, which will be held on September 12 this year. G.”.

It is economic needs that are at the forefront of Argentine society. Medicines and food prices, wages/employment are the main concerns for families. As well as growing debt to cover basic expenses. The combination of the Macristan legacy and the pandemic is still considered the main reason for the current economic situation, TeleSur quoted Argentine blogger Alfredo Serrano as saying. Local analysts note that against the background of the acute crisis in Argentina, Paraguay is becoming more and more attractive for foreign business.

September 5 is the International Day of Indigenous Women, which was established at the second meeting of American organizations and movements in 1983 in Tiahuanaco, Bolivia.

The date was set in honor of Bartolina Sisa, a female leader of the Aymara indigenous peoples, who was brutally murdered on September 5, 1782, after leading a rebellion against the Spanish crown in what is now Bolivia, comments La Radio del Sur. Bartolina Sisa went down in history as the most courageous woman devoted to the struggle for the freedom of her people.

September 5 not only remembers indigenous women who have suffered from discrimination, the most prominent human rights defenders and public figures. But they also hold conferences, seminars on the problems of protecting the rights of indigenous peoples.

As stated on the UN website, “Indigenous women continue to suffer from multiple discrimination. They are prone to extreme poverty, human trafficking, illiteracy, lack of access to ancestral lands, lack or poor health care, and violence in the private and public spheres. ”


The Russian Version of the weekly interview can be found on EADaily


About the Author

Vicente Quintero is a Venezuelan social scientist and author of the book ‘El Tercer Reich en Venezuela’. He holds a Bachelor’s degree in Liberal Studies from the Universidad Metropolitana of Caracas (Political Science, Economy, History and Philosophy) and decided to focus his dissertation research on the national security policy of Russia (Government and Public Policy) at the Central University of Venezuela.


Republishing is allowed with the copyright credit © The Radical Outlook


About Post Author

The Radical Outlook

The Radical Outlook is an online news web Portal designed for in-depth news analysis from the Eurasian region and beyond. It is Founded by a geopolitical analyst Shahzada Rahim.
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