Ecuadorian economist Andrés Arauz, who came close to winning the 2021 presidential elections, explains Latin America's attempt to create a new currency and regional financial architecture, to challenge the "hegemonic, neo-colonial" US dollar-dominated system.
(NOTE: Andrés' internet connection was a bit unstable in this interview, so some parts are hard to ... Show More
Mar 17
Iran challenges US dollar, says oil must be sold in Chinese yuan, as it targets US corporations
In response to the US-Israeli war, Iran shut down the Strait of Hormuz, the most important oil chokepoint on Earth, causing energy prices to skyrocket. However, Tehran is allowing Chinese tankers through, and says other ships can pass if they agree to sell oil in China's currency ... Show More
45m 22s
Mar 9
Iran's war strategy is now clear: raise oil prices, crash stock markets, cause economic crisis
After the US and Israel attacked Iran, Tehran's strategy of asymmetric warfare is clear: it closed the Strait of Hormuz and is attacking energy infrastructure in the Persian Gulf, causing global oil and natural gas prices to skyrocket, crashing stock markets, fueling inflation, a ... Show More
1h 4m
Nov 2022
Brazil’s Lula joins leftist leaders pushing for change in Latin America
<p>Brazil joins a group of Latin American countries that have elected leftwing leaders. What kind of change will they bring to the region and its relations with the rest of the world? Michael Stott, the FT’s Latin America editor, discusses these questions with Andrés Velasco, dea ... Show More
29m 47s
Apr 2024
Ecuador’s ‘unprecedented’ Mexican embassy raid
<p>OpenAI and Meta are on the brink of releasing new artificial intelligence models, police in Ecuador stormed the Mexican embassy to arrest the former vice-president, and big investors are selling US Treasuries and buying European government bonds. Plus, Australia is trying to b ... Show More
11m 8s
Dec 2023
Can an ‘Anarcho-Capitalist’ President Save Argentina’s Economy?
<p><i>Warning: this episode contains strong language.</i></p><p>With Argentina again in the midst of an economic crisis, Argentine voters turned to Javier Milei, a far-right libertarian who has drawn comparisons to Donald J. Trump.</p><p>Jack Nicas, who covers South America for T ... Show More
21m 12s
Sep 2023
104 - El Salvador: The Price of Security
Once the murder capital of the world, El Salvador finds itself grappling with both gang violence and geopolitical shifts. Between 2013 and 2016, murder rates soared due to gang wars and systemic extortion. President Nayib Bukele, emerging from this tumult, removes the safety catc ... Show More
1h 3m