Thursday, December 22, 2005

Political Update from South America

Boca fans celebrate in La Cumbre, Cordoba

OK - Latin America is on the move and the U.S. is sleeping, preoccupied by a costly war in Iraq, busy shopping for Christmas, enjoying the lovely holiday season. Granted, its also the holidays down here, stores are opening selling their wares, kids crave toys just like anywhere. Papa Noel comes soon...

But Bolivia has just elected a Coca farmer as its next president - a street protesting, coca growing, INDIAN (for the first time in its history). I met him the day I arrived in Argentina, the same day Bush arrived, posing with Maradona... to violence and chaos in the streets. Evo Morales is good for Bolivia and good for Latin America, soft spoken but honest-looking, a man of his words.

Aregentina president Nestor Kirchner meanwhile decides to surprise his citizens and the rest of the world by announcing that he will pay off Argentina's $9.8 billion debt to the IMF... almost one-third of its national reserve ($27 billion). It's funny... I thought Argentina was broke?! I guess the real question is how much lip service is the government paying (and to whom) and how much will the debt really go down? Brazil has also taken a similar path also announcing that it will pay off its remaining debt to the IMF. And look over to the West, Chile has elected (almost) another socialist! And with Venezuela off to the east with Chavez at the helm, who the hell knows what could happen next.

Meanwhile, back here in Buenos Aires another important milestone has passed - Boca Juniors futbol club, home team of Diego 'Manos a Dios' Maradona (who incidentally was arrested last night in Rio) has come from behind to win the South American Futbol Cup! Go Boca Go!

1 comment:

Travelburro said...

Dude, how 'bout a Goyo's World update! We're waiting....