Rebuilding Venezuela

Oil-rich Venezuela looks increasingly like a failed state. It will need the help of friends abroad to restore basic functions if embattled President Nicolás Maduro departs. That will best be provided by loans and investment, though, not the kind of throwback U.S. military intervention that President Donald Trump has hinted at. Here is an overview I wrote in February for Reuters Breakingviews of how the country could rebuild itself.



AMLOve is not enough

Some thoughts on Mexico, where I lived for six and a bit years back in the day, and AMLO:

Messianic AMLO may give Mexico what it least needs

The other side of Trumpismo

Mexico and the U.S. share complex, ever-deeper ties that contradict Donald Trump’s hostile rhetoric, Andrew Selee writes in “Vanishing Frontiers.” Bicultural businesses, movies and even co-hosting soccer’s 2026 World Cup are better signposts to the future than nationalist rants. My review:


In loco Parentis …

Pedro Parente’s exit as the head of state-controlled oil giant Petroleo Brasileiro deprives Brazil of some much-needed adult oversight. My Friday column.



Review: The next fight for Latin America’s soul

My review of Michael Reid’s excellent “Forgotten Continent: A History of the New Latin America.”

Dictators and demagogues have come and gone; progress in the region has been impressive. Still, rule of law and effective institutions still lack, Michael Reid writes in “Forgotten Continent.” That makes the next steps toward prosperity harder.


She’s back, but …

This week’s piece on Latin America: Argentina gives Macri a narrow vote of confidence

The president’s nemesis and predecessor Cristina Fernandez did not fare as well as expected in Sunday’s primary election. The peso’s strength in response shows the markets back Macri’s reforms. But Fernandez’s tally is a reminder the economic recovery is not reaching the poorest.






Peace paradox

Colombia faces a paradox as FARC rebels disarm

Ending five decades of civil war will lift the Andean nation’s economy in the long run, but place additional burdens on tight government finances in the meantime if peace is to prosper. Encouragingly, murders are down and tourism up, but it could all still go wrong.