Two decades after the first Summit of the Americas, a lot has changed in the continent and it has been for the good. Today, a renewed hemispheric dialogue without exclusions is possible.
The BRICS alliance (Brazil, Russia, India, China and South Africa) launched the New Development Bank (NDB) and Contingency Reserve Arrangement (CRA) during its sixth summit, institutionalising a new financial architecture for the emerging powers.
Pending legislation calling for U.S. President Barack Obama to impose sanctions against key Venezuelan officials is unlikely to defuse the ongoing crisis there and could prove counter-productive, according to both the administration and independent experts here.
Cuauhtémoc Cárdenas, known as the ‘moral leader’ of the Mexican left, said that his country and Central America “focus very much on the North” and should make a shift towards South America and its integration processes, in order to achieve less-dependent, alternative development conditions.