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Qincumbent Jamaican Prime Minister LATIN AMERICA ADVISOR A DAILY PUBLICATION OF THE DIALOGUE www.thedialogue.org Thursday, September 17, 2020 BOARD OF ADVISORS FEATURED Q&A TODAY’S NEWS Diego Arria Director, Columbus Group POLITICAL Devry Boughner Vorwerk What Accounts for U.N. Council CEO, DevryBV Sustainable Strategies Accuses Venezuela Joyce Chang Global Head of Research, Voters’ Support of of Crimes Against JPMorgan Chase & Co. Humanity Paula Cifuentes Director of Economic & Fiscal Affairs, Holness in Jamaica? The United Nations Human Rights Latin America & Canada, Council issued a report accusing Philip Morris International Venezuela’s government of perpe- Marlene Fernández trating crimes against humanity, Corporate Vice President for including extrajudicial killings Government Relations, Arcos Dorados and torture. The country’s foreign minister denounced the report. Peter Hakim President Emeritus, Page 2 Inter-American Dialogue Donna Hrinak Senior VP, Corporate Affairs, ECONOMIC Royal Caribbean Group Argentine Bonds Jon E. Huenemann Former Corporate and Fall After Gov’t Government Senior Executive Jamaican Prime Minister Andrew Holness, pictured after casting his vote on Sept. 3, was Unveils Limits on James R. Jones re-elected in a landslide victory. // File Photo: Jamaican Government. Chairman, Foreign Exchange Monarch Global Strategies Argentine bonds plunged after the Craig A. Kelly Incumbent Jamaican Prime Minister Andrew Holness was Senior Director, Americas government expanded limits on Int’l Gov’t Relations, Exxon Mobil re-elected this month in a landslide victory, with his Jamaica foreign exchange in an effort to John Maisto Labour Party securing 48 of the 63 seats in parliament, 15 keep U.S. dollars in the country. Director, U.S. Education Page 2 Finance Group Q more seats than it previously had. What accounts for voters’ Nicolás Mariscal overwhelming support of Holness and the ruling party? What do the Chairman, POLITICAL Grupo Marhnos election results mean for the country’s opposition? Will Holness’ second Thomas F. McLarty III term bring significant changes in his cabinet, and can policy continuity Poll Shows Arce Chairman, With Solid Lead McLarty Associates be expected? Beatrice Rangel in Bolivia Director, A new opinion poll showed that AMLA Consulting LLC Alan Zamayoa, associate analyst at Control Risks: “Support MAS candidate Luis Arce could for Prime Minister Holness and the JLP is mainly due to the Jaana Remes win a first-round victory in Boliv- Partner, McKinsey Global Institute improvement in the country’s economy during their first term ia’s Oct. 18 presidential election. Ernesto Revilla (2016-20). After taking office in 2016, Holness has imple- Page 2 Head of Latin American A mented actions aimed at rehauling and improving the economy. These Economics, Citi Gustavo Roosen include removing or reducing a series of taxes and creating more than Chairman of the Board, 100,000 new jobs. As a result, poverty rates decreased by almost 8.6 Envases Venezolanos Andrés Rozental percent between 2015 and 2018. However, overall concerns about the President, Rozental & continuation of improvements are rising as the Covid-19 pandemic has hit Asociados the country’s economy. The JLP’s landslide victory in the Sept. 3 general Shelly Shetty Managing Director, Sovereigns election has shaken the main opposition party, the People’s National Fitch Ratings Party (PNP), to its core. Peter Phillips won re-election but is resigning as president of the PNP. The process to find his successor as the party’s president will be complex as the PNP is likely to fragment. There is no clear successor after Peter Bunting, who could have replaced Phillips as the PNP’s president, lost his seat representing Manchester Central, a PNP stronghold. The continuation of the policies, especially fiscal and Arce // File Photo: Arce Campaign. Continued on page 3 COPYRIGHT © 2020, INTER-AMERICAN DIALOGUE PAGE 1 LATIN AMERICA ADVISOR Thursday, September 17, 2020 POLITICAL NEWS “most of them fishermen returning from work.” NEWS BRIEFS The operation also resulted in women being U.N. Council Accuses mistreated and household items being looted, Poll Shows Arce the report said. “Even conservative estimates Could Win First-Round Venezuela of Crimes suggest that Venezuela has one of Latin Amer- ica’s highest rates of killings by state agents,” Victory in Bolivia Against Humanity the Human Rights Council said. The report also An opinion poll published Wednesday shows said the CICPC and the Special Action Forces, Bolivian presidential candidate Luis Arce, of The United Nations Human Rights Council or FAES, units of the National Bolivarian Police former President Evo Morales’ MAS party, with issued a 411-page report Wednesday accus- were responsible for 59 percent of the killings the possibility of winning next month’s election ing the government of Venezuelan President by security forces during the time period that in the first round, Reuters reported. Nearly 40 Nicolás Maduro of crimes against human- the mission examined. Some police officials percent of Bolivians included in the Jubileo ity, including arbitrary killings and the use told the mission that it was “common practice” Foundation poll said they would vote for Arce of torture. “The mission found reasonable to plant weapons in order to simulate confron- in the Oct. 18 election. Opposition remains grounds to believe that Venezuelan authorities tations with officers. Additionally, a training divided among different parties, with former and security forces have since 2014 planned video for the FAES shows officers being President Carlos Mesa coming in second in and executed serious human rights violations, encouraged to “kill criminals without com- the poll with 26.2 percent, while current interim some of which—including arbitrary killings passion,” the rights council said. It added that President Jeanine Áñez had 10.6 percent of and the systematic use of torture—amount to Venezuela’s government “must hold to account support in the poll. crimes against humanity,” said the mission’s those responsible for extrajudicial executions, chairperson, Marta Valiñas. “Far from being enforced disappearances, arbitrary detentions isolated acts, these crimes were coordinated and torture, and prevent further acts of this and committed pursuant to state policies, with nature from taking place.” Venezuelan Foreign Court in The Hague Rules the knowledge or direct support of command- Minister Jorge Arreaza blasted the report, say- in Chevron’s Favor in ing officers and senior government officials,” ing that a group of nations intent on attacking Dispute With Ecuador she added. An independent U.N. fact-finding Venezuela was behind it, the Associated Press The District Court of The Hague on Wednesday mission investigated 223 cases, including reported. “This report plagued by falsehoods ruled in favor of energy company Chevron in a 48 in-depth case studies, and reviewed an was drawn up from afar without relying on longstanding dispute with Ecuador, upholding a additional 2,891 cases in order to “corroborate rigorous methodology by a phantom mission 2018 arbitral award by an international tribunal patterns of violations and crimes,” the Human directed against Venezuela by governments that found that a $9.5 billion Ecuadorean Rights Council said in a statement. The mis- subordinate to Washington,” Arreaza said in a judgment against Chevron was fraudulent and sion said it investigated 16 cases of operations posting on Twitter. the plaintiffs’ legal team was corrupt, including involving Venezuela’s police, military or both by bribing the presiding judge and ghostwriting that resulted in 53 extrajudicial executions. the judgment, according to a statement by the The mission also said that it investigated ECONOMIC NEWS court in The Hague. The tribunal also rejected 140 cases between 2015 and 2017 involving environmental allegations against Chevron. Venezuela’s Operation for People’s Liberation, or OLP, which was “purportedly established Argentine Bonds Fall to fight crime,” and discovered that the group After Gov’t Unveils had committed arbitrary detentions and General Becomes Brazil’s extrajudicial executions. The mission said OLP Exchange Limits Third Health Minister operations resulted in 413 people being killed, During Pandemic “sometimes shot at point blank range.” The Hu- Argentine bonds plunged Wednesday after man Rights Council said, “Senior government the government expanded limits on foreign Brazilian Gen. Eduardo Pazuello took office officials repeatedly praised the operations, exchange in a bid to hold on to U.S. dollars as Wednesday as the country’s third health which typically involved hundreds of armed reserves decline, Bloomberg News reported. minister during the Covid-19 pandemic, the officers storming an area, sometimes using ar- Benchmark sovereign notes issued only several Associated Press reported. A logistics expert, mored vehicles and helicopters.” It added that days ago following the country’s $65 debt Pazuello had no prior health-related experience one operation by the OLP in the Santa Rosa de restructuring lost approximately two cents before being named deputy health minister last Agua area of Maracaibo in September 2015 on the U.S. dollar, and Argentine companies’ April. His two predecessors as health minister left five men dead and more than 60 detained, debt also fell. The peso weakened as much departed after clashing with President Jair Bol- sonaro on how to fight the novel coronavirus. COPYRIGHT © 2020, INTER-AMERICAN DIALOGUE PAGE
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