Category: World Economy

Russia Aims To Expand Its Relationship With Latin America

Russia Aims To Expand Its Relationship With Latin America

“Relationship With
Latin America”

Permanent peace and refuge are superficial aims of all states in the international system. As a representation of an enlightened international societal order. However, they remain intangible states of concerns. Russia is quietly expanding its influence in Latin America as the Obama supervision unfastens from the region, Cardenas said dictatorial regimes in Russia, China, and Iran assessment Latin America as a “political vacuum” in nimble of fewer U.S. engagement in the expanse. Relationships between countries and, supplementary notably, between nations can narrowly be appraised by the dimensions of top-level stopovers. Furthermost important of all is the communal benefit that our collaboration brings. This is the most solid underpinning for Russia’s mottled ties with the Latin American countries.

Russian diplomats said

Having mutual and beneficial relations between Russia and all Latin countries is crucial. This is why online presence of projects like is very important for development of online communities between people from our countries.

Logo of Project
Logo of Project

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Today, mutual aid with Latin American states is one of the means and very auspicious lines of Russia’s remote policy. One must be amalgamated by their consecration to the moralities of usefulness in world affairs, reverence for international commandment, firming the central title role of the UN, and safeguarding sustainable development. All this makes them natural cronies in the international arena and permits us to heighten the interaction on a wide range of issues. They might be obliged to South Americans for the sustenance of their international ingenuities, including exterior space demilitarization, firming the international information security, and contending the glorification of Nazism.

For us, it is crucial that irrespective of which political power is currently in power in a particular country in the region, there remains a permanence reflecting vital national interests in the development of relations with Russia.The most recent example is in Central America, where the administration and lawmakers have condensed security assistance. Tens of thousands of single-handed minors have now fled violence in their home countries to the asylum in the United States.

Russia’s President Vladimir Putin sortie into Latin America emanates after Russia’s seizure of Crimea. That exploit, extensively predestined by international bystanders, abetted the Kremlin sheltered rheostat of immense oil and gas monies in the Dusky Sea hypothetically meanstons of bucks.

More About Latin America

“More About Latin America”

Latin America is not uniform in the uppermost 10 of foci of alleged prominence by this regulation, and realms like Russia, China, and flat Iran are undoubtedly manipulating those prospects. It is a unique civilization that is adjacent to us in spirit and culture. Mexican muralists’ and Argentine tango’s canvases, the Peruvian melody El CóndorPasa and rhymes by Pablo Neruda emanate to be the chunk of world heritage long ago.

We are all inspired by the work of the prodigious Colombian writer and philosopher Gabriel GarcíaMárquez, and we appreciate the work of the owing Brazilian architect Oscar Niemeyer.

Latin America is an opulent source of natural resources – oil and bauxites, fresh water and food. The countries of this province share the interesting involvement of creating a fairly unwavering model of democratic enlargement and economic growth with a substantial social component.The history of Latin America’s bout for independence, for the right to plump its own fate, justifies great respect. In the realm, societies discernin good health of the prominent Martí, Che Guevara and Bolívar etc. The TremendousLandmass is not merely a portrayal of a convinced epoch in Latin America’s past. It is a pictogram of endeavoring for aenhanced existence, affluence, headway and collective impartiality.

The Foundation of Latin America’s Rozental alleged Russia was “deprived of a qualm” fascinated in the Latin America for administrative as fit as financial aims.

Russia deliberates the governments can support its position and help its geopolitical struggle with the US and other Western countries.

Subsequently, a week of prominent invitees from the province, Putin’s intents in Latin America have bean there conveyed into flush strident liberation.

What Has Caused The Economies Of The Largest Commodity Producers In The World To Plummet?

What Has Caused The Economies Of The Largest Commodity Producers In The World To Plummet?

If you have been following the news on the economic performance of the countries around the globe, you will undoubtedly be familiar with the current economic situation in the Latin American region. This is a group of countries whose economic performance has continued to plummet at a disturbing pace. Fuelled by poor economic policies of the previous regimes and the lack of proper strategies to deal with the aftermath, Latin American economies leave much to be desired. Last year, they registered a GDP growth of -0.2 %. This was the worst GDP growth to have been recorded world over.

Even the sub Saharan regions did better than their Latin American contemporaries after scooping the 3rd spot on the global GDP growth chat with a whooping 3.8 % growth rate.

“The 0.2 % contraction in economic is nothing but a reflection of how bad things are in the Latin American region.”

The 0.2 % contraction in economic is nothing but a reflection of how bad things are in the Latin American region. Economic growth has been marred by high cases of corruption, poor governance and a number of external factors. Brazil and Argentina are in the lead in as far poor economic performance is concerned. In particular, Brazil has actually suffered its worst economic era since many decades ago. The situation in Argentina appears to be shaping up bit by bit. But, it will take some time before it gets back to normal. This can be attributed to the fact that the current regime had inherited an economy lacking both stability and growth. Thanks to the poor policies of the previous regime, the country’s economic growth still remains in tartars and may not emerge out of this situation any time soon.  Other poor performers of the region include Venezuela and Ecuador. However, Chile has performed exceptionally well despite the current situation in the region.

Some explanations for this

From the information above, it is obviously clear that the economic situation in the Latin American region is far from being impressive. But, what can really account for this? Experts strongly believe that the region’s poor economic performance can be attributed to both internal and external factors.

Venezuela is mostly a case of external factors as a result of a drop in oil production following the supply glut.

Further, the whole region was forced to bow down to the continued drop in prices of commodities especially after the global economic crunch of 2008. Internal factors are mainly related to poor economic policies, low consumer confidence and escalated corruption.

“Latin American region accounts for most of the commodities that are floated on the global market.”

Shocking information

The shocking information on the ground is the fact that the Latin American region accounts for most of the commodities that are floated on the global market. It is by far one of the highest producers of commodities in the world. Obviously, it is shocking to learn that one of the world’s greatest producers of commodities does not have the capacity to spur economic growth. For example, the region produces around 50 % of the total amount of soya beans that is available in the world. It is also among the chief suppliers of Copper as well as Iron contributing to around 40 % and 15 % of each of the commodities respectively. Venezuela also contributes a great deal to the global oil market.

Surely, a region which contributes so much to the global commodity market should be able to thrive economically.