Taxpayers, activists, and politicians see this outrageous tally of fossil fuel subsidies and get angry at the oil company — but in Petrobras' case, Rapier writes, it's the oil company footing the bill.
Immediately before Venezuela's regional elections, Chávez announced his cancer was back, possibly dampening the opposition's showing as his charisma carried over to other PSUV candidates.
If Chávez can't attend his inauguration, his designated successor might be overshadowed by an interim leader.
Some Latin American nations voted against a UN resolution condemning violence in Syria this year. But the region can still send a message that the use of chemical weapons will end their support.
Despite economic strides, two-thirds of Latin America averaged in the bottom half of the 2012 Transparency International corruption rankings. Countries like Brazil, however, offer some hope.