A decade on from the 2007-08 global financial crisis, the majority of private banks have changed very little. Most remain solely concerned with maximising their returns, while sustainable or social goals remain subservient to this. For conventional economists, anything else remains an impossible or distant dream.
Drug law reform continues developing in the right direction in several Latin American and Caribbean countries. In Jamaica, for example, a law legalizing the cultivation and consumption of ganja for medicinal, religious and research purposes came into force, as well as the decriminalisation of possession for personal use. Jamaica also spoke out at the UN Thematic Debate in New York. On May 7th, the minister addressed the UN High Level Thematic Debate on international drug policy, highlighting Jamaica’s perspectives on drug control policies and participating in a debate that encourages open and inclusive discussions. Amongst the outcomes Jamaica would like to see from UNGASS is “the establishment of an Expert Advisory Group to review the UN drug policy control architecture, its system-wide coherence, its treaty inconsistencies and its legal tension with cannabis regulations.”
The Central American region connecting North and South America has traditionally been an area with intensive trafficking routes, of drugs, weapons and people. Drugs trafficking routes over land and sea have existed for decades, transporting mainly cocaine from the Andean region to the United States and Mexico.
The Latin American country of Costa Rica has achieved the milestone of generating 100 per cent of its energy from renewable resources, with a combination of hydropower and geothermal for 75 days in a row, the the state-owned Costa Rican Electricity Institute (ICE) said.
When you hear the phrase “cannabis advocate,” you might picture someone with wild hair and a Bob Marley T-shirt. But Gerald Murray is nothing like that. At a news conference on Tuesday morning, he was smartly groomed and wore a blazer.
Pien Metaal, who follows Latin American drug law reform ... told The Tico Times ... that legalizing medical marijuana in Costa Rica “would clearly send a message that can spark a debate in the region... Of course, the debate should not just be about medicinal use,” Metaal wrote, “since in fact recreational use is the largest actually existing phenomena, [for] which simple possession and use are being criminalized and prosecuted.”
Prison overcrowding is a widespread problem in Latin America, primarily because of harsh drug-sentencing laws and inadequate budgets, but Costa Rica may be setting a useful example for dealing with it. In most countries, guards control the perimeter, but groups of prisoners or criminal gangs organize and control life inside the prison compound. Rehabilitation and re-integration programs are limited.
In this edition, the 5th Latin American and 1st Central American Conference on Drug Policy aims to be a platform for discussion and elaboration of solution-oriented proposals. The production and use of drugs is a complex phenomenon, with multiple manifestations according to the historical moment, cultural environment, economic model, the particular circumstances of a country, the different significances assigned by subjects, as well as the actual differences between substances. Nevertheless, it is reduced and homogenized as the “drug problem”, as if it was a uniform, unhistorical phenomenon.
Despite immense pressure by corporations that have sought to undermine it, Costa Rica's public energy and telecommunications company stands out as a model in terms of its coverage, efficiency, social inclusion and environmental sustainability.
An international seminar in Montevideo, co-organised by TNI and the Uruguayan government, shared the latest learning and innovation by state-owned enterprises across Latin America and affirmed their importance as instruments for economic and social development.
A group of Latin American leaders declared that votes by two U.S. states to legalize marijuana have important implications for efforts to quash drug smuggling, offering the first government reaction from a region increasingly frustrated with the U.S.-backed war on drugs. The declaration by the leaders of Mexico, Belize, Honduras and Costa Rica did not explicitly say they were considering weakening their governments' efforts against marijuana smuggling, but it strongly implied the votes last week in Colorado and Washington would make enforcement of marijuana bans more difficult.