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.
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.