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Posted on Sustainabilitank.info on June 6th, 2012
by Pincas Jawetz (pj@sustainabilitank.info)

Latin America seemingly buckles under pressure from outside and inside the continent.

Seemingly – Mercosur is not growing larger as expected. It is made up by Argentina, Brazil, Uruguay and Paraguay. A reaction t this, under leadership of Brazil and Argentina, Mercosur will increase tariff on imports from non-Mercosur States.

Closer allies of the US – Mexico, Colombia, Peru, and Chile, are eying the Pacific region, and tend to get closer business relations with the other side of the Pacific under a Pacific Alliance with US as main pivot. Chile seems to be interested to lead this group so there is less of a Brazil – Mexico competition in Latin America.

The left leaning ALBA States include Venezuela, Ecuador, Bolivia, Cuba, and some of the Caribbean Islands, while the Caribbean Island States still have their CARICOM that looks to Mexico.

This posting comes about because of our expectation that June 2012 will prove to be an important month for Latin America, considering the Mexican hosts of the G-20, and the Brazilian hosts of RIO+20 Рboth meetings with potential high power influence  on global economic structure at least in these next few years. Will the US be helpful, or harmful, to the creation of a more united Latin America?

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