While Americans and Europeans bemoan the cost of gasoline at the pumps, people in some other parts of the world enjoy filling up their tanks cheaply thanks to subsidies provided by wealthy, oil-rich governments. But fuel subsidies tend to benefit the rich (who own motor vehicles) more than the poor. The IMF estimated that 65 percent of the fuel subsidies in Africa benefit the richest 40 percent of households (2010). Only 8 percent of the $410 billion in government fuel subsidies worldwide went to the poorest 20 percent of the population (International Energy Agency - estimates, 2010). The British insurance firm Staveley Head has released the latest list of the world’s gas pump prices. Here are the 10 cheapest countries on Earth to fill a gas tank.
After 9/11, US agencies turned their attention toward the Middle East and away from the fight against organized crime in Latin America.
Violence is down compared to the last presidential election, but Guatemalans deserve more than what they have been offered in this campaign of candidates with questionable backgrounds.
Altercations like this week's fight in Alemão between the army and the local population are expected again as the country adjusts to the irreversible trend of integration.
Students in Bogota say they are worried about privatization of education in Colombia and promise more unrest if the government pushes such legislation through.
Guatemalan political parties appear to be flouting the election funding cap and trying to conceal their funding sources, which some worry could be Guatemala's criminal groups.
After 50 died in Ecuador this summer from consuming poisonous alcohol, critics say that the government response to buy back tainted products is insufficient and more education is needed.
Despite a rash of recent corruption scandals in Brazil, bright spots are appearing, including today's 'March Against Corruption' in support of President Rousseff’s efforts to clean up the capital.
Mexico's Twitter 'terrorists,' two citizens who made mistaken online posts about school shootings, could face 30 years in prison. A boon for organized crime?
A preliminary investigation into an alleged UN attack shows no evidence of rape by Uruguay peacekeepers, but the accusation has gripped Haiti and is another blow to the UN mission.
While Coke's plea wraps up a long pursuit by US and Jamaican authorities, an examination of the efforts to prosecute him implicate several parties – including Jamaican officials and a US law firm.
After the latest massacre of Mexican citizens, former President Fox said authorities should seek a truce with the gangs – a suggestion that isn't feasible, says guest blogger Patrick Corcoran.
Rodrigo Rivera steps down amid the perception that security in Colombia has deteriorated in the past year. Massacres have become almost a weekly occurrence, and kidnappings are up 9 percent.
Although a broad majority of Mexicans still oppose US troop support to maintain law and order in Mexico, a new survey indicates a growing percentage of the Mexican public support US assistance.
Criminals in Colombia are extorting payments of as little as $10 a week from local businesses. The sums are too small for victims to want to report, but can add up to huge profits for gangs.
Our guest blogger and his colleague look into why money in a massive fund in Venezuela is unaccounted for. Their efforts also shine light on a day of Venezuelan bureaucracy.
With Hugo Chávez's status uncertain, some Chávistas are looking to relocate to Panama. It's another chance for Panama to gain from other countries' crises, as it has for more than a century.