Weekly Report - 22 November 2012 (WR-12-46)

It would have seemed inconceivable during the debt crisis that ravaged Latin America in the 1980s that there would come a day just a generation later when the region would be in a position to return the favour of lecturing the Old World about how to conduct its finances. But that is precisely what happened last weekend at the XXII Ibero-American summit, held in Spain’s south-western port city of Cádiz.

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