Raul Gallegos is the Latin America financial columnist for Reuters Breakingviews. Raul has more than a decade of experience covering the region’s business, finance and economics. His work has appeared in the Wall Street Journal, the LA Times and Institutional Investor. From 2004 through 2009, Raul was the Venezuela-based oil correspondent for Dow Jones Newswires, and a member of the OPEC coverage team in Vienna. He holds a bachelor's degree in economics from the University of California at Berkeley and a master's degree in International Affairs from Columbia University. He was a 2010 Knight-Bagehot Fellow at the Columbia Business School. Follow Raul on Twitter @raulegallegos
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Former Colombian President Alvaro Uribe’s book “No Lost Causes” may be self-serving. But it shows how he helped turn war-torn Colombia from near-failed state into an investment destination. Uribe’s security gains are frail, but his successes dwarf those of his leftist peers.
Allies of ailing Hugo Chavez seem to be taking even greater liberties interpreting the constitution than expected. There’s no inauguration, caretaker government or sign of a new election. If markets truly hate uncertainty, then animus toward Venezuela should be off the charts.
A bad drought could require electricity rationing. Brazil is already battling weak investment and higher labor costs as it prepares to be a global sports host. The 2001 energy crisis sapped 2.6 points of GDP growth. Dilma Rousseff’s troubleshooting list is getting awfully long.
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- Mexico may teach U.S. a lesson on good government
- Latam minority investors strike back against Enel
- $2.3 bln Brazilian insurer IPO looks too pricey
- Warning to investors: Chavismo doesn't need Chavez
- Brazil's ailing oil industry needs a nudge
- Weaker Chavez is no sign of strength for investors