And if the Venezuelan crisis was deeper?

Bad days for Hugo Chavez and even more for the whole Venezuela. Since the beginning of the year, the economical crisis which had been latent for months, erupted. And now it threatens to become a political crisis as the parliamentary elections are coming (September 2010).

“Sucre”: the financial future for Latin America ?

It is a recurrent issue, an old dream that is coming back in the news in an unexpected form. The Bolivarian revolution Hugo Chavez has made his banner for several years could take an important step in the coming months … creating a single currency. The economic crisis, a weak dollar, the political context that brought left wing majorities to power… All this has given a big boost to the “sucre” project.