Wednesday, October 27, 2010

News roundup (we take the left turn at Albuquerque that others should have taken)

If Bananama Republic is voted the best blog in the whole of The Americas this year it wouldn't come as a surprise. BR lifts the lid off more Panama scumball doings and happenings in this great post today, today's best read. You get to hear all sorts of rumours about shady dealings in places like Panama, but very few people have the cojones to directly confront the nasties behind the scams and shine a light in their direction. BR has cojones to spare. Go read.

We agree with Cam Hui over at Humble Student of the Markets as he closes his thoughtful and balanced post on the crisis-talk with this line: "Barring some other unforeseen catastrophe, the problems of the Financials do not have the potential to return the major market indices to their 2008-9 lows."

La Jornada of Mexico ran a very insightful interview with Ecuador's President Rafael Correa this week, go read it here. You get to find out Studmuffin's views on the attempted coup, hear about just how much danger he was in at the time (a lot), his thoughts on how CONAIE has sold out, the CIA backing of the coup, his support for Obama, all sort of things. Top interview.

Old School US/LatAm relations 101: US Citizen comes to LatAm, "discovers" some site that the local knew about already, steals all the ancient treasures and artifacts from the site, takes them back to his Alma Mater "on loan", authorities let nearly 100 years slip by and refuse to give the priceless treasures back to their rightful owners, because.....well, because.....errrr.....well, they're all small and dark down there, aren't they? IKN gets you up to date with Yale University versus Peru in the matter of Machu Picchu.