Latin America & the Caribbean

Latin America already has two major regional development banks, the Inter-American Development Bank and the Corporación Andina de Fomento, and most countries can also borrow from international capital markets, so joining [the Asian Infrastructure Investment Bank] does not appear to be as urgent as it may be to other founding members.

It was no accident that [Fidel Castro] met with Venezuelan students given his warm embrace and support for chavismo…It is a symbolic opportunity to reinforce a shared sense of victimhood in the face of alleged U.S. aggression.