Late in September, when stock markets around the world went into spasms of anxiety following news that Chinese real estate giant Evergrande might go bankrupt, the shockwaves reached all the way to Latin America, about as far from the Chinese mainland as one can get. In fact, South American markets dropped even more than those in the United States, even though Evergrande has had little, if any, contact with the region. That’s because Latin American economies are not just deeply entwined with China, but are increasingly dependent on its growth to sustain their own. The drama of Evergrande, with its [...]
Brazil
In September, several senators belonging to Mexico’s National Action Party, or PAN, met with a visiting delegation from Vox, a rising political party from Spain. As the latest far-right party to gain traction in Europe, Vox seemed like a strange bedfellow for the PAN, a center-right party that has produced two of Mexico’s last four presidents. The meeting was a political gift for leftist President Andres Manuel Lopez Obrador, who seized on it to brand his opponents in the PAN as “almost fascist.” The PAN’s own leadership hastened to assert that the senators had met with Vox in a purely [...]
Following the coup that took place in Myanmar in early February, a video was posted online and quickly went viral. Filmed in the capital, Naypyidaw, it showed a fitness instructor performing aerobics to a bouncy dance tune as a military convoy passed behind her, on its way to parliament to oust the elected government. “As it isn’t uncommon for Nay Pyi Taw to have an official convoy, I thought it was normal so I continued,” the instructor, Khing Hnin Wai, wrote in a subsequent Facebook post. More than six months later, on Aug. 10, a parody video spread widely on social networks [...]