Latin America Update: February 1, 2012
The World Economic Forum annual meeting wrapped up this past weekend in Davos-Klosters, Switzerland. Latin America was identified as an “oasis of stability, growth, and opportunity”, in contrast to the uncertainty surrounding the European debt crisis and a slow recovery in the United States. Colombia, Peru, and Brazil remain top destinations for foreign investment dollars.
Falkland Islands back in the News
The UK announced that it will send a Type 45 Destroyer to the Falkland Islands in the midst of escalating diplomatic tensions surrounding the ongoing dispute with Argentina regarding the sovereignty of the territory of 3,000 inhabitants. In December, the Mercosur countries of Argentina, Brazil, Paraguay, & Uruguay decided to ban access to all Falklands flagged vessels in support of Argentina.
Lost and Little-Known in South America
“The Guyanas” refers to a region in north-eastern South America with a combined population of 1.5 Million and includes French Guiana, Guyana, and Suriname. Forget Spanish or Portuguese, you are better off speaking English, French, Dutch, Hindi, or even Cantonese.