Venezuela, Cuba, and Argentina Have the Highest Inflation in Latin America

Venezuela, Cuba and Argentina registered the highest inflation in 2022 compared to other Latin American countries, according to figures from the Economic Commission for Latin America and the Caribbean (ECLAC) and BCC reports .

The report covers the period between October 2021 and October 2022, where the highest growth of the index is led by the Caribbean country, which accumulates an increase in inflation of 146%, exceeding that of Argentina by more than 50 percentage points (87 8%), the second on the list, and Cuba, which ranked third with 34.2%.

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Commentary: The U.S. Might Lose the Tech War in Its Own Hemisphere

South America has sat within the U.S. sphere of interest since the Monroe Doctrine was enunciated in 1823. Now that may be changing, thanks to the inroads that Chinese telecom companies such as Huawei are making in the region’s economies. The advent of 5G networks is showcasing Beijing’s growing ability to rival Washington in South America.

That rivalry isn’t discussed too much in the region itself. Governments in Latin America mostly take a pragmatic approach, waiting for the lowest bidder while trying to remain as friendly as possible with each side. These tendencies hold true for most facets of U.S.-China competition in Latin America, but especially in South America, which is home to several major economies that are more politically and economically independent from the United States than closer neighbors such as Mexico.

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‘Conquering Latin America with a Smile’: Chinese Influence Met with Inadequate U.S. Resistance

China’s campaign to grow its presence in Latin America has brought the country’s influence dangerously close to the U.S., but experts told the Daily Caller News Foundation that America’s efforts to combat it fall short.

The communist goliath has become the number one trading partner for several countries in the region, with Cuba becoming the latest country to sign onto Xi Jinping’s Belt And Road Initiative (BRI), a massive global project launched in 2013, in October.

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ADNAmerica.com Founder Gelet Fragela: ‘Communism Is a Cancer That Once Metastasized in Our Society, There’s Not Really a Way to Take It Out’

Wednesday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed ADN America News Founder and Publisher, Gelet Fragela, to the newsmakers line to talk about the launch of Adnamerica.com.

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Mexico Begins Its Own Road to Perdition with the Election of Andrés Manuel López Obrador

ALMO

by Victor Mata   All Latin-Americans at some point ask themselves: Why is no Latin American country as well-developed as the United States? The answer is probably not related to our weather or a lesser disposition to work, as many have tried to claim. The answer is probably simpler: A socialist culture…

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