China and Venezuela continue to deepen their relations, this time during a meeting between Nicolás Maduro and a delegation from the Communist Party of China (CPC) in mid-May. Maduro received the senior Chinese officials at the Miraflores Palace in Caracas with a view to deepening political relations between both countries. [ … ]
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China’s Bet on Colombia, Seeking Its ‘Golden Age’ in Latin America
In the last two decades, the People’s Republic of China (PRC) has played a fundamental role in the economies of Latin America. Between 2005 and 2017, China lent several countries in the region close to $136 billion. The amount exceeded what, for the same period, the World Bank, the Inter-American [ … ]
Colombia: Coca Price Crash Offers Opportunities and Challenges in the Fight Against Narcotrafficking
In recent months, the price of coca, the raw plant used to make cocaine, collapsed by as much as 50 percent in Colombia, while coca buyers have seemingly all but disappeared. In the country’s most impoverished regions, where hundreds of thousands of families depend on the crop for their livelihood, [ … ]
China to Proceed with Fourth Bridge over Panama Canal
Panama, together with the Chinese consortium made up of state-owned China Communications Construction Company (CCCC) and China Harbour Engineering Company (CHEC), signed an addendum to resume construction “in the coming months” of the fourth bridge over the Panamanian interoceanic canal, La Estrella de Panamá reported. The bridge is expected to [ … ]
Operation Trigger IX Combats Crime in Latin America
In an unprecedented action, the largest of its kind in Latin America, authorities seized more than 200 tons of drugs and 8,000 firearms and arrested nearly 15,000 people as part of INTERPOL-led Operation Trigger IX, which saw the participation of 15 police forces from the region for 22 days. The [ … ]
Colombian Gold Enriches Criminal Groups, Impoverishes Soil and Population
Colombia is currently the 16th largest gold producer worldwide and the third largest in Latin America, according to the Statista world ranking. In 2022 alone, the country exported 70.7 tons of gold worth $2.9 billion, according to figures from Colombia’s National Mining Agency. Following oil, coal, and coffee, gold is [ … ]
US Sanctions more Illicit Iranian Financial Networks
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) identified and sanctioned several “shadow banking” networks, multi-jurisdictional illicit financial systems that allow criminalized Iranian entities access to the international financial system. “The shadow banking network seeks out jurisdictions that have business with developing countries that Iran wants to forge [ … ]
The Fight Against Russia’s Fake News in Cuba
A fierce information war is being fought in Caribbean nations with Russian state media trying to peddle one narrative about the Ukraine war while a fact-checking site from Kyiv battles to rebut the stories. In Cuba, Kremlin-controlled media outlets such as Russia Today, Sputnik, and RIA-Novosti have been the main [ … ]
What China’s Global Security Initiative Tells Us About Its Strategic Engagement with Latin America
This article was originally published on The Diplomat. Chinese engagement with Latin America may be mostly about commerce, but it is nonetheless strategic in its character. Its new Global Security Initiative (GSI) openly highlights the explicitly military and other strategic dimensions of its approach toward Latin America and other [ … ]
Highlights in China’s Development Spending
China’s influence continues to grow through global development and its Belt and Road Initiative. So what’s next? China’s vast overseas development spending has made Beijing one of the most sought-after financiers from countries around the globe. From 2000 to 2017, China’s loans and grants totaled $843 billion across 165 countries, [ … ]
Venezuela and North Korea Deepen Cooperation
The Venezuelan and North Korean regimes have agreed to strengthen their political, bilateral, and multilateral ties “for the benefit of both countries,” the Venezuelan Foreign Ministry told the press. During the February 23 meeting held in Caracas, Venezuela’s Vice Minister for Asia, the Middle East, and Oceania Tatiana Pugh, and [ … ]
Mexican Cartels Bolster Foothold and Alliances in Colombia
Between 2018 and 2022, Colombia’s Ombudsman Office emitted more than 20 alerts that affiliates of Mexico’s largest and most powerful cartels were active on Colombian soil. Some 40 Mexican nationals, according to the Ombudsman Office, were behind bars for drug trafficking charges in Colombia as of early 2023. Syndicates such [ … ]