12 eggs can cost the everyday person quite a lot.
Everybody's working for the ... weekday?
Earlier this month, Francisco Flores and Efrain Campos Flores, nephews of Venezuela's first family, were arrested for trying to transport 800 kilos of cocaine through Haiti. Is it possible to move beyond ideological affiliations to target the greater problem of drugs smuggling?
Canada's energy sector service and equipment exporters are in for tough times, and cash flows for oil and gas exporters will tighten significantly. This is already beginning to spill red ink on Canada's trade and fiscal statistics. However, Canada's non-energy sector exporters should see a substantial boost.
Canada designated Latin America as a foreign policy priority in 2007, but its record to date has been narrowly focused on the pursuit of free trade agreements at the expense of deeper engagement on crucial issues such as decent employment, sustainable economic development, citizen security, corporate accountability, democratic governance, and human rights.
In an article entitled "Why Canada And The U.S. Are On The Wrong Side Of Democracy", I describe the shocking downward spiral of Honduras since the illegal coup, and the concurrent loss of economic and political self-determination. This, then, is the consistent pattern when Empire intervenes in the internal affairs of other countries.
Heralded not so long ago as economic engines through the crisis years, emerging markets' neo-slowing has been a big disappointment. Latin America is no exception; a trip there two weeks ago confirmed that sentiment has soured. What's up?
Attracted to these networks of hate are certain academics who openly defend Venezuela's authoritarian regime with weak arguments that do not withstand a minimal confrontation with the facts. These academics are blind and deaf before evidence, even when it is irrefutable and speaks for itself.
Cash has been plentiful in emerging markets. Between 2009-2012 as quantitative easing ramped up, there was a massive expansion in borrowing on global bond markets by emerging market (EM) sovereigns, banks and companies. As a result, EM economies are now closely integrated into global debt markets, and thus more affected by actions taken in Developed Markets (DMs), particularly the withdrawal of quantitative easing (QE).
A Keystone bomb would deliver several payloads: punishment toward anti-American Venezuela; proceeds toward Canada which buys more goods and services from the U.S. than the European Union does; punishment toward Russia by casting into the markets more Venezuelan oil and replacement of Venezuelan oil with Canadian oil that is $30 a barrel cheaper.