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.
The EU debt crisis foretells a more serious global debt crisis, caused by unlimited growth and the ongoing financial casino. Latin America's emerging financial and regional architecture offers hope for a new type of integration based on solidarity.