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South America: A hard road to unity

Unlike other parts of the world, Latin America is free of war. Yet it is a region plagued by inequality, crime, corruption, drug trafficking and social upheaval. Political stability and strong democratic institutions are more the exception than the rule. South America, in particular...

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Brazil’s Lula proposes common South American currency

Brazilian President Luiz Inácio Lula da Silva proposed creating a common currency in the region during a meeting with South American heads of state in Brasilia on Tuesday. The single currency would apply to the Mercosur trade bloc, comprised of Argentina, Brazil, Paraguay, and Uruguay, in...

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