On the evening of 22 January 2018, the Governor of Puerto Rico announced the complete privatisation of the island’s power utility. The public statement came four months after hurricanes Irma and Maria, which devastated the archipelago leaving thousands of people homeless or dead and over 40 percent of the population without access to electricity and running water. Puerto Rico’s energy system was crumbling long before the tropical weather systems of September 2017 hit the archipelago. The hurricanes only laid bare the unsustainable conditions of the extremely expensive and fossil fuel-generated electrical power regime.
The forces that shaped modern Brazil made the rise of a figure such as Lula da Silva all but inevitable. Conditions in Brazil today mean his imprisonment is certainly not the end of this chapter in the nation's story. Pablo Gentili, Executive Secretary of the Latin American Council of Social Sciences (CLACSO), analyses the parallel between Brazil's history and the story of its most charismatic leader.
TNI's Water Justice programme is marking this year's UN World Water Day in Cape Town at the GWOPA (Global Water Operator partnerships Alliance) Congress, in the continuing struggle to reclaim public water.
The backlash from business and the opposition against Bolivia's trade policy with the EU was shrill enough to suggest that Bolivia had announced the end of external trade. Yet the Bolivian government's position is based on experience of the heavy costs of free trade for the majority of its citizens.
"The banks are ours!" Public money was used to bail out the banks, and now they are lending back to the public at interest, while governments ignore the social and environmental crises that confront society. It is time to demand real solutions that will work not only for the sake of the economy but for the lives and conditions of people on whom it depends.
Mexico City — Today, the Research Consortium on Drugs and the Law (Colectivo de Estudios Drogas y Derecho, CEDD) will release a series of new studies showing that mass incarceration for nonviolent drug offenses has increased across the region.
How fair is the investment arbitration system in Latin American and Caribbean (LAC) countries? Are investor-state disputes balanced between national and corporate interests? LAC countries are among the most affected by the investment arbitration system, representing 28.6% of all known investor-state disputes around the world. In particular, Argentina, Venezuela, Mexico, Ecuador, Bolivia and Peru account for 77.3% of the total number of claims against LAC countries. Analysis shows that the system so far heavily favours corporate interests. Investors have won in 70% of the cases brought against LAC countries. As a result, LAC States have already had to pay foreign companies 20.6 billion USD, which could cover Bolivia’s budget for health and education for four whole years.