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A state monopoly on the oil industry has been impoverishing Mexicans for decades. Yet, the market is blamed for the economy's woes.
Global EconomyPolitical Theory
With gold reserves shrinking, and a collapsing currency, it is only a matter of time until Venezuela defaults on its foreign debt
There are two new trends in passports. One is toward a single global issuer of passports. The other is toward "citizenship by investment."
Recent defeats for left-wing governments in Latin America are a good thing, but the region has a long way to go in embracing free markets.