Author: Tony Phillips

South American Trade and Currency Volatility

Latin America has of some of the world’s largest countries, in terms of land area, but the continent has no large global economy, and only two medium-sized economies: Brazil and Mexico. The

G-20: Round Two

Brazil’s Lula da Silva and China’s Hu Jintao met in Londonat the G-20 summit. Photo: Xinhua/Lan Hongguang. In early April, the executives of 19 countries and the European Union traveled to London

Can G7 + G20 = Recovery?

When the G7 finance ministers returned home following the Oct. 13 weekend meeting of the International Monetary and Finance Committee, the world’s dailies all led with the same story: substantial gains on

The Bolivian Crisis, the OAS, and UNASUR

By Tony Phillips On Sept. 9, separatist groups in the resource-rich eastern “half-moon”1 states of Bolivia launched violent attacks on the offices of the government of President Evo Morales. Rebel state governors,2

Economic Justice in Haiti Requires Debt Restitution

A meeting of international diplomats and financiers in Port-au-Prince this summer ended up with a commitment of $750 million in foreign aid to Haiti over the coming year. This generosity will build