Page 6 - Mac Margolis News Today : Breaking News, Live Updates & Top Stories | Vimarsana

As the autocratic Nicolas Maduro entrenches himself, his democratic opponents need some pragmatic wins to recover their mojo. When a Venezuelan patrol boat intercepted a Guyanese fishing trawler late last month, the third such blue-water confrontation in a matter of weeks, investors, diplomats and the government in Georgetownwere understandably alarmed. Was Venezuela poised to invade its neighbor and seize a stake in the world's Not a chance. Yes, Venezuela has long chafed at its eastern border on the conceit that the line drawn by big power arbitration 121 years ago was theft; ...

Mac Margolis, Bloomberg News (Bloomberg Opinion) -- As much as pouring cement and building towers, Brazilian construction dynasty Odebrecht was famed for its political panache. “I get down in the mud with the pigs but come out the other side clean in my white suit,” Norberto Odebrecht, founder of the legacy contractor, liked to boast back in the 1970s and 1980s. The catchphrase was shorthand for what became a patently Brazilian way of doing business – the art of buying influence and coming away unsoiled, or at least unincarcerated – among porcine politicians and bribe-truf...

Billionaires Can’t Pay Latin America’s Covid Tab Dec 17 2020, 3:41 PM December 16 2020, 4:00 PM December 17 2020, 3:41 PM (Bloomberg Opinion) -- Pandemic, schmandemic! As Covid ravages Latin America, the material fortunes of its wealthy may have never fared better. The region’s billionaires saw their rarefied ranks grow by one new member every week from March to July, while the collective stash of the megarich increased by $48 billion, according to a report by Oxfam. (Bloomberg Opinion) -- Pandemic, schmandemic! As Covid ravages Latin America, the material fortunes of its...