SoftBank Group Corp. Latin America Fund managing partners Shu Nyatta and Paulo Passoni looked to depart to start their own venture business focused on late-stage startups in the region, Bloomberg reports. They expressed their excitement about becoming entrepreneurs acknowledging SoftBank’s role in their careers. The report noted SoftBank looks to promote the LatAm fund’s third managing…
How China Is Systematically Isolating Taiwan in Latin America
The geopolitical power dynamic between China and Taiwan is personified in how relations are unfolding in Latin America. China continues to extend its influence in the region through trade and investment while systematically alienating and undermining Taiwan’s dwindling number of allies in the process. “All of China’s economic moves are politically motivated,” Latin American economist…
Ecuadorian Legislator Accused of Trying to Sell Deputy Minister’s Position
The Ecuadorian attorney general’s list of corruption investigations just got longer as national assembly legislator Celestino Chumpi has come under fire after a video surfaced on March 31 showing a discussion over the sale of the deputy agriculture minister’s position for $2.5 million. Fueling the fire surrounding the legislator, President Guillermo Lasso said Chumpi was…
China Set To Dominate Latin America Within 5 Years: Security Expert
China is expanding its influence in South America to counter the U.S. dominance in the Western hemisphere, according to security expert Joseph J. Humire. “They’ve been building it gradually, systematically, over many, many years—over decades,” Humire recently told EpochTV’s “China Insider” program. Trade and investment in the region have been integral to Beijing’s efforts in…
Ukrainian Refugees Welcomed in Latin America Though Few Are Staying
Nations outside Europe are now seeing Ukrainians fleeing Russia’s war turn up at their borders. In Latin America, countries like Brazil, Argentina, Mexico, Guatemala, and Bolivia, have made immigration policy adjustments and are taking on refugees amid the region’s latest crisis of displaced people arriving from conflict zones. Though even in the early stages of…
Latin America Moves Closer to China Amid Ukraine Crisis
News Analysis The Ukraine crisis allows the Chinese regime to increase engagement in Latin America, expand its power, isolate Taiwan, and threaten U.S. dominance in the region. Russia sought to increase ties with Latin America days before the Ukraine invasion, sending delegates to Cuba, Nicaragua, and Venezuela. Moscow and Caracas discussed increasing their “strategic partnership” with…
China’s Influence in Latin America Explained by Joseph Humire
March 21, 2022
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America’s backyard is under assault. China seeks to loop around and set up shop in Latin America. How do we preserve freedom and order in the region, as countries south of us join China’s Belt and Road project? Meanwhile, dwindling recognition for Taiwan and potential dual-use facilities raise questions about the United State’s lack of…
Latin American Countries Divided Over Russian Invasion of Ukraine
Once the Russian invasion of Ukraine began on Feb. 24, many countries within Latin America felt compelled to show support for the European nation under attack. However, Russian allies in the region have also spoken out against Western sanctions on Moscow or have passively shown a lack of support for Ukraine as the conflict enters…
Chile’s Migration Crisis Escalates Amid Violent Clashes and Crime Wave
SANTA CRUZ, Bolivia–Since last September, violent encounters between Venezuelan migrants, locals, and police in Chile have continued to increase, prompting outgoing President Sebastián Piñera to declare a state of exception on Feb. 16. “The state of exception will allow collaboration between the armed forces and the police with two focuses: combat drug trafficking and migrant…
Colonization With Chinese Characteristics: China Is Devouring Latin America
Commentary A new year is supposed to bring meaningful change; more often than not, it does. However, it’s important to note that change isn’t always a good thing, and new developments aren’t always exciting. In fact, sometimes they are downright terrifying. Case in point: “The Chinese Communist Party and government are actively looking to strengthen…
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