The worst drought to hit the United States in half a century is boosting Argentine and Brazilian corn and soy producers.
Argentina, Brazil, and Venezuela have seen strained relations with Paraguay following the country’s impeachment of President Fernando Lugo.
The first two countries are taking steps toward legalizing possession of small amounts of narcotics, while Uruguay creates a legal framework for the sale and regulation of marijuana.
Starting July 8, AS/COA policy journal Americas Quarterly will be featured regularly on NTN24's Efecto Naím.
After a meeting at AS/COA, Brazilian Finance Minister Guido Mantega spoke with CNN about the possibility of a currency war should the U.S. take steps to devalue the dollar through quantitative easing.