Global South Seeks To Develop Their Own Paths For Independence And Survival

At another level, these wars to cut out the sovereignty of nations in the global south, which includes control of local economies, oil, and natural resources – is also, as this article relates, about power, contention, and influence – as some countries in the global south seek to develop their own paths for independence and survival: “On Saturday, President Trump met with leaders from across Latin America and the Caribbean for the so-called Shield of the Americas Summit in Florida.

But the leaders of Brazil, Mexico and Colombia — which together account for more than half of the region’s G.D.P. — were conspicuously absent.
Washington has struggled to present a compelling economic alternative or explain how Latin American countries would benefit from distancing themselves from China.
Since 2005, Chinese banks have provided upwards of $120 billion in loan commitments to Latin American and Caribbean nations, often targeting the energy, mining and heavy transport sectors where Western capital has grown risk-averse”…. And some Latin American and Caribbean nations … “are unwilling to let Trump dictate the terms of their engagement with China.”

Leave a Reply

Your email address will not be published. Required fields are marked *