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Ernesto Garcia

China’s Next Target: Silicon Valley

The Sino-American Trade War is heating up.  As U.S. trade representatives wrapped up high-level trade talks in Beijing last week, all indications are that China rejected two of the United States’ biggest requests: a $100 billion cut in the $375 billion trade deficit; and curbs on China’s strategic investment on advanced technologies in artificial intelligence,…

Europe’s High-Tech Protectionism

The trade war is on. When the European Union (EU) slapped Google with a €2.42 billion ($2.7 billion) fine, it signaled to the continent that it would not allow its competitive landscape to be dictated by the search engine that millions of Europeans use every day. The premise of the ruling was that Google was…

Venezuela’s Biggest Losers

Venezuela is on fire. An economic meltdown resulting from the disastrous policies of the “Bolivarian Revolution” has spawned broad speculation as to the outcome of this socioeconomic upheaval, which includes a Soviet-style collapse. With the currency worthless and imports non-existent, the people of Venezuela have been left with virtually no food or medical services. Opposition…

A Framework for Combating Systemic Corruption?

Headlines ripped through Brazilian news outlets last week on how President Michel Temer received millions of dollars in illicit payments and sought to obstruct an anticorruption campaign. This has shaken Brazilian markets and reignited fears of political turmoil in the country. Executives at JBS SA, the world’s largest meatpacking company, implicated Mr. Temer of accepting…

Corruption, Inc.

The superlative is official: Brazil’s iconic construction firm, Odebrecht, is now the world’s most corrupt company.  In terms of fines levied by governments for corruption and impropriety, the company has no equal.  According to documents filed in December, the Brazilian engineering firm provided over $850 million in kickbacks and bribes for more than 100 projects…

Latin America Outlook 2017

The world in 2017 is uncharted territory. A tide of shifting trends and events, the most unambiguous being the inauguration of Donald Trump as President of the United States, promise to usher in a new era of unpredictability and disruptive geopolitical and economic forces with which the liberal world order must contend. The populist and…

The Friends You Keep: Castro’s Legacy in Latin America

Fidel Castro, the longtime leader of Cuba, died last week at the age of 94. Cuban citizens flocked to revolutionary landmarks across the island to mourn the loss of the leader whose name is as or more synonymous with the island nation than cigars, la rueda, sandwiches, all-star baseball players or the missile crisis that…

Trump’s Hemisphere of Influence

Last week’s historic meeting between President Barack Obama and President-elect Donald Trump was a cringe-worthy yet exemplary example of a peaceful transition of power between bitter political rivals following a difficult election. The awkward Oval Office rendezvous kick-started speculation by DC’s ecosystem of policy wonks, journalists, and risk consultants on which policies the Trump administration…

Trending: Referendums

After four long years of negotiations, the stage was set for a historic day: on Oct 2, 2016, the eyes of the world were locked on to a plebiscite in Colombia, as voters went to the polls to approve the long-awaited peace between the Fuerzas Armadas Revolucionarias de Colombia (FARC) and the Colombian government. Opinion…

The FARC’s Next Gig

On October 2, Colombian citizens went to the polls in a historic plebiscite to approve the peace accord between the Colombian government and the Fuerzas Armadas Revolucionarias de Colombia, or FARC. The peace effectively ends over 52 years of conflict characterized by murders, kidnappings, land mines, forced conscription, terrorism, massacres, disappearances, and other indescribable misery.…

China’s Next Target: Silicon Valley

The Sino-American Trade War is heating up.  As U.S. trade representatives wrapped up high-level trade talks in Beijing last week, all indications are that China rejected two of the United States’ biggest requests: a $100 billion cut in the $375 billion trade deficit; and curbs on China’s strategic investment on advanced technologies in artificial intelligence,…

Europe’s High-Tech Protectionism

The trade war is on. When the European Union (EU) slapped Google with a €2.42 billion ($2.7 billion) fine, it signaled to the continent that it would not allow its competitive landscape to be dictated by the search engine that millions of Europeans use every day. The premise of the ruling was that Google was…

Venezuela’s Biggest Losers

Venezuela is on fire. An economic meltdown resulting from the disastrous policies of the “Bolivarian Revolution” has spawned broad speculation as to the outcome of this socioeconomic upheaval, which includes a Soviet-style collapse. With the currency worthless and imports non-existent, the people of Venezuela have been left with virtually no food or medical services. Opposition…

A Framework for Combating Systemic Corruption?

Headlines ripped through Brazilian news outlets last week on how President Michel Temer received millions of dollars in illicit payments and sought to obstruct an anticorruption campaign. This has shaken Brazilian markets and reignited fears of political turmoil in the country. Executives at JBS SA, the world’s largest meatpacking company, implicated Mr. Temer of accepting…

Corruption, Inc.

The superlative is official: Brazil’s iconic construction firm, Odebrecht, is now the world’s most corrupt company.  In terms of fines levied by governments for corruption and impropriety, the company has no equal.  According to documents filed in December, the Brazilian engineering firm provided over $850 million in kickbacks and bribes for more than 100 projects…

Latin America Outlook 2017

The world in 2017 is uncharted territory. A tide of shifting trends and events, the most unambiguous being the inauguration of Donald Trump as President of the United States, promise to usher in a new era of unpredictability and disruptive geopolitical and economic forces with which the liberal world order must contend. The populist and…

The Friends You Keep: Castro’s Legacy in Latin America

Fidel Castro, the longtime leader of Cuba, died last week at the age of 94. Cuban citizens flocked to revolutionary landmarks across the island to mourn the loss of the leader whose name is as or more synonymous with the island nation than cigars, la rueda, sandwiches, all-star baseball players or the missile crisis that…

Trump’s Hemisphere of Influence

Last week’s historic meeting between President Barack Obama and President-elect Donald Trump was a cringe-worthy yet exemplary example of a peaceful transition of power between bitter political rivals following a difficult election. The awkward Oval Office rendezvous kick-started speculation by DC’s ecosystem of policy wonks, journalists, and risk consultants on which policies the Trump administration…

Trending: Referendums

After four long years of negotiations, the stage was set for a historic day: on Oct 2, 2016, the eyes of the world were locked on to a plebiscite in Colombia, as voters went to the polls to approve the long-awaited peace between the Fuerzas Armadas Revolucionarias de Colombia (FARC) and the Colombian government. Opinion…

The FARC’s Next Gig

On October 2, Colombian citizens went to the polls in a historic plebiscite to approve the peace accord between the Colombian government and the Fuerzas Armadas Revolucionarias de Colombia, or FARC. The peace effectively ends over 52 years of conflict characterized by murders, kidnappings, land mines, forced conscription, terrorism, massacres, disappearances, and other indescribable misery.…