Misplaced Pages

Brady Bonds

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

Brady bonds are dollar -denominated bonds , issued mostly by Latin American countries in the late 1980s. The bonds were named after U.S. Treasury Secretary Nicholas Brady , who proposed a novel debt-reduction agreement for developing countries .

#303696

159-526: Brady bonds were created in March 1989 to convert bank loans, mostly in Latin America , into a variety or "menu" of new bonds after many countries defaulted on their debt in the 1980s. At the time, the market for emerging markets' sovereign debt was small and illiquid , and the standardization of emerging-market debt facilitated risk-spreading and trading. In exchange for commercial bank loans ,

318-585: A communist-led revolution in Afghanistan, Soviet forces invaded the country, ultimately starting the Soviet–Afghan War . In May 1988, the Soviets started to withdraw from Afghanistan , due to international opposition, persistent anti-Soviet guerrilla warfare, and a lack of support by Soviet citizens. From 1985 onwards, the last Soviet leader Mikhail Gorbachev , who sought to enact liberal reforms in

477-705: A coup d'état ), Mauricio Funes and Salvador Sánchez Cerén in El Salvador are all part of this wave of left-wing politicians who often declare themselves socialists , Latin Americanists , or anti-imperialists , often implying opposition to US policies towards the region . An aspect of this has been the creation of the eight-member ALBA alliance, or " The Bolivarian Alliance for the Peoples of Our America " (Spanish: Alianza Bolivariana para los Pueblos de Nuestra América ) by some of these countries. Following

636-653: A troika was designated to take charge. Eventually Joseph Stalin , the General Secretary of the Communist Party , managed to suppress all opposition factions and consolidate power in his hands to become the country's dictator by the 1930s. Leon Trotsky , the main proponent of world revolution , was exiled from the Soviet Union in 1929, and Stalin's idea of Socialism in One Country became

795-520: A Romance language (a language derived from Latin) predominates. Latin America are the countries and territories in the Americas which speak Spanish or Portuguese, with French being sometimes included. As is customary, Puerto Rico is included and Dominica , Grenada , and Saint Lucia (where French is spoken but not official language) are excluded from Latin America. *: Not a sovereign state Before

954-611: A Varangian from the Rus' people , named Rurik , was elected ruler of Novgorod in 862. In 882, his successor Oleg ventured south and conquered Kiev , which had been previously paying tribute to the Khazars . Rurik's son Igor and Igor's son Sviatoslav subsequently subdued all local East Slavic tribes to Kievan rule, destroyed the Khazar Khaganate, and launched several military expeditions to Byzantium and Persia . In

1113-770: A central role in both works. The first event happened less than a decade before the publication of Bilbao's and Torres Caicedo's works: the Invasion of Mexico or, in the US, the Mexican–American War , after which the United States annexed more than half of Mexico's territory. The second event, the Walker affair , which happened the same year that both works were written: the decision by US president Franklin Pierce to recognize

1272-710: A considerable influence from Dutch and the Portuguese-based creole languages . Amerindian languages are widely spoken in Peru, Guatemala, Bolivia, Paraguay and Mexico, and to a lesser degree, in Panama, Ecuador, Brazil, Colombia, Venezuela, Argentina, and Chile. In other Latin American countries, the population of speakers of Indigenous languages tend to be very small or even non-existent, for example in Uruguay. Mexico

1431-510: A crisis. By 1991, economic and political turmoil began to boil over as the Baltic states chose to secede from the Soviet Union. On 17 March, a referendum was held, in which the vast majority of participating citizens voted in favour of changing the Soviet Union into a renewed federation . In June 1991, Boris Yeltsin became the first directly elected President in Russian history when he

1590-553: A day, life expectancy , murder rates and a measurement of safety through the Global Peace Index . Green cells indicate the best performance in each category, and red the lowest. List of countries by life expectancy at birth for 2022 according to the World Bank Group . This service doesn't provide data for French Guiana, Guadeloupe, Martinique, and Saint Barthélemy. Urbanization accelerated starting in

1749-664: A global superpower. After World War II, according to the Potsdam Conference , the Red Army occupied parts of Eastern and Central Europe, including East Germany and the eastern regions of Austria . Dependent communist governments were installed in the Eastern Bloc satellite states. After becoming the world's second nuclear power , the Soviet Union established the Warsaw Pact alliance, and entered into

SECTION 10

#1732780334304

1908-800: A large confederacy, which was subsequently taken over by the Cumans and the Kipchaks . The ancestors of Russians are among the Slavic tribes that separated from the Proto-Indo-Europeans, who appeared in the northeastern part of Europe c.  1500  years ago. The East Slavs gradually settled western Russia (approximately between modern Moscow and Saint-Petersburg ) in two waves: one moving from Kiev towards present-day Suzdal and Murom and another from Polotsk towards Novgorod and Rostov . Prior to Slavic migration, that territory

2067-520: A lesser extent, Amerindian languages, are predominant, and in other areas, the influence of African cultures is strong (e.g., the Caribbean basin – including parts of Colombia and Venezuela ). The term's meaning is contested and not without controversy. Historian Mauricio Tenorio-Trillo explores at length the "allure and power" of the idea of Latin America. He remarks at the outset, "The idea of 'Latin America' ought to have vanished with

2226-508: A printed work to produce the term "Latin America" in 1856 at a conference by the Chilean politician Francisco Bilbao in Paris. The conference had the title "Initiative of the America. The idea for a Federal Congress of Republics." The following year, Colombian writer José María Torres Caicedo also used the term in his poem "The Two Americas". Two events related with the United States played

2385-1245: A recent resurgence of left-wing politics in several countries. In many countries in the early 2000s, left-wing political parties rose to power, known as the Pink tide . The presidencies of Hugo Chávez (1999–2013) in Venezuela, Ricardo Lagos and Michelle Bachelet in Chile, Lula da Silva and Dilma Rousseff of the Workers Party (PT) in Brazil, Néstor Kirchner and his wife Cristina Fernández in Argentina, Tabaré Vázquez and José Mujica in Uruguay, Evo Morales in Bolivia, Daniel Ortega in Nicaragua, Rafael Correa in Ecuador, Fernando Lugo in Paraguay, Manuel Zelaya in Honduras (removed from power by

2544-542: A role as not everyone is equally capable of taking advantage of its benefits. Differences in opportunities and endowments tend to be based on race , ethnicity, rurality, and gender . Because inequality in gender and location are near-universal, race and ethnicity play a larger, more integral role in discriminatory practices in Latin America. The differences have a strong impact on the distribution of income, capital and political standing. One indicator of inequality

2703-633: A secret protocol within the Molotov–Ribbentrop Pact with Nazi Germany . The Soviet Union later invaded Finland , and occupied and annexed the Baltic states , as well as parts of Romania . On 22 June 1941, Germany invaded the Soviet Union , opening the Eastern Front , the largest theater of World War II. Eventually, some 5 million Red Army troops were captured by the Nazis;

2862-746: A speech delivered in France by the radical liberal Chilean politician Francisco Bilbao in June 1856". By the late 1850s, the term was being used in California (which had become a part of the United States), in local newspapers such as El Clamor Público by Californios writing about América latina and latinoamérica , and identifying as Latinos as the abbreviated term for their "hemispheric membership in la raza latina ". The words "Latin" and "America" were first found to be combined in

3021-517: A struggle for global dominance, known as the Cold War , with the rivalling United States and NATO . After Stalin's death in 1953 and a short period of collective rule , the new leader Nikita Khrushchev denounced Stalin and launched the policy of de-Stalinization , releasing many political prisoners from the Gulag labour camps. The general easement of repressive policies became known later as

3180-509: A term that refers to both Spanish and Portuguese-speaking countries from the Americas, and sometimes from Europe. The term Latin America was first used in Paris at a conference in 1856 called "Initiative of America: Idea for a Federal Congress of the Republics" ( Iniciativa de la América. Idea de un Congreso Federal de las Repúblicas ), by the Chilean politician Francisco Bilbao . The term

3339-400: A vicious cycle. Inequality has been reproduced and transmitted through generations because Latin American political systems allow a differentiated access on the influence that social groups have in the decision-making process, and it responds in different ways to the least favored groups that have less political representation and capacity of pressure. Recent economic liberalisation also plays

SECTION 20

#1732780334304

3498-582: Is Moscow . Saint Petersburg is Russia's second-largest city and its cultural capital . The East Slavs emerged as a recognised group in Europe between the 3rd and 8th centuries CE. The first East Slavic state, Kievan Rus' , arose in the 9th century, and in 988, it adopted Orthodox Christianity from the Byzantine Empire . Kievan Rus' ultimately disintegrated; the Grand Duchy of Moscow led

3657-479: Is access to and quality of education. During the first phase of globalization in Latin America, educational inequality was on the rise, peaking around the end of the 19th century. In comparison with other developing regions , Latin America then had the highest level of educational inequality , which is certainly a contributing factor for its current general high inequality. During the 20th century, however, educational inequality started decreasing. Latin America has

3816-480: Is also spoken by some Panamanians of Afro- Antillean descent. Dutch is the official language in Suriname , Aruba , Curaçao and Bonaire . (As Dutch is a Germanic language , the territories are not necessarily considered part of Latin America.) However, the native and co-official language of Aruba , Bonaire , and Curaçao , is Papiamento , a creole language largely based on Portuguese and Spanish that has had

3975-624: Is dominated by blacks, but is sometimes not considered part of Latin America. In the nineteenth century, a number of Latin American countries sought immigrants from Europe and Asia. With the abolition of black slavery in 1888, the Brazilian monarchy fell in 1889. By then, another source of cheap labor to work on coffee plantations was found in Japan. Chinese male immigrants arrived in Cuba, Mexico, Peru and elsewhere. With political turmoil in Europe during

4134-779: Is equally large white populations and smaller black populations, while Dominican Republic and Puerto Rico are more Mulatto/Triracial dominated, with significant black and white minorities. Parts of Central America and northern South America are more diverse in that they are dominated by Mestizos and whites but also have large numbers of Mulattos, blacks, and indigenous, especially Colombia, Venezuela, and Panama. The southern cone region, Argentina, Uruguay, and Chile are dominated by whites and mestizos. The rest of Latin America, including México, northern Central America (Guatemala, El Salvador, Honduras), and central South America (Peru, Ecuador, Bolivia, Paraguay), are dominated by mestizos but also have large white and indigenous minorities. The French Caribbean

4293-488: Is international movement of populations, often fleeing repression or war. Other international migration is for economic reasons, often unregulated or undocumented. Mexicans immigrated to the U.S. during the violence of the Mexican Revolution (1910–1920) and the religious Cristero War (1926–29); during World War II, Mexican men worked in the U.S. in the bracero program . Economic migration from Mexico followed

4452-479: Is only spoken by a few groups in the country's highlands. In Bolivia, Aymara , Quechua and Guaraní hold official status alongside Spanish. Guaraní, like Spanish, is an official language of Paraguay, and is spoken by a majority of the population, which is, for the most part, bilingual, and it is co-official with Spanish in the Argentine province of Corrientes . In Nicaragua, Spanish is the official language, but on

4611-403: Is possibly contains more Indigenous languages than any other Latin American country, but the most-spoken Indigenous language there is Nahuatl. In Peru, Quechua is an official language, alongside Spanish and other Indigenous languages in the areas where they predominate. In Ecuador, while Quichua holds no official status, it is a recognized language under the country's constitution; however, it

4770-502: Is spoken along the Caribbean coast in Honduras, Guatemala, Nicaragua and Belize, mostly by the Garifuna people , a mixed-race Zambo people who were the result of mixing between Indigenous Caribbeans and escaped Black slaves. Primarily an Arawakan language , it has influences from Caribbean and European languages. Archaeologists have deciphered over 15 pre-Columbian distinct writing systems from Mesoamerican societies. Ancient Maya had

4929-645: Is spoken mostly in Brazil, the largest and most populous country in the region. Spanish is the official language of most of the other countries and territories on the Latin American mainland, as well as in Cuba, Puerto Rico (where it is co-official with English), and the Dominican Republic. French is spoken in Haiti and in the French overseas departments of Guadeloupe , Martinique , and Guiana . It

Brady Bonds - Misplaced Pages Continue

5088-571: The República de indios  [ es ] to paternalistically govern and protect Indigenous peoples. It also created the República de Españoles , which included not only European whites, but all non-Indigenous peoples, such as blacks, mulattoes, and mixed-race castas who were not dwelling in Indigenous communities. In the religious sphere, the Indigenous were deemed perpetual neophytes in

5247-554: The Battle of Kursk in the summer of 1943. Another German failure was the Siege of Leningrad , in which the city was fully blockaded on land between 1941 and 1944 by German and Finnish forces, and suffered starvation and more than a million deaths, but never surrendered. Soviet forces steamrolled through Eastern and Central Europe in 1944–1945 and captured Berlin in May 1945. In August 1945,

5406-552: The Broad Front candidate. Economically, the 2000s commodities boom caused positive effects for many Latin American economies. Another trend was the rapidly increasing importance of their relations with China . However, with the Great Recession beginning in 2008, there was an end to the commodity boom, resulting in economic stagnation or recession resulted in some countries. A number of left-wing governments of

5565-765: The Brusilov Offensive of the Imperial Russian Army almost completely destroyed the Austro-Hungarian Army . However, the already-existing public distrust of the regime was deepened by the rising costs of war, high casualties , and rumors of corruption and treason. All this formed the climate for the Russian Revolution of 1917, carried out in two major acts. In early 1917, Nicholas II was forced to abdicate ; he and his family were imprisoned and later executed during

5724-689: The Caribbean and South America; the latter contains further politico-geographical subdivisions such as the Southern Cone , the Guianas and the Andean states. It may be subdivided on linguistic grounds into Spanish America , Portuguese America , and French America . The term "Latin America" is defined to mean parts of Americas south of the mainland of the United States of America where

5883-649: The Caribbean remains a serious issue despite strong economic growth and improved social indicators. A report released in 2013 by the UN Department of Economic and Social Affairs entitled Inequality Matters: Report of the World Social Situation , observed that: 'Declines in the wage share have been attributed to the impact of labour-saving technological change and to a general weakening of labour market regulations and institutions.' Such declines are likely to disproportionately affect individuals in

6042-420: The Congress of Vienna , which defined the map of post-Napoleonic Europe. The officers who pursued Napoleon into Western Europe brought ideas of liberalism back to Russia, and attempted to curtail the tsar's powers during the abortive Decembrist revolt of 1825. At the end of the conservative reign of Nicholas I (1825–1855), a zenith period of Russia's power and influence in Europe, was disrupted by defeat in

6201-526: The Crimean War . Nicholas's successor Alexander II (1855–1881) enacted significant changes throughout the country, including the emancipation reform of 1861 . These reforms spurred industrialisation, and modernised the Imperial Russian Army, which liberated much of the Balkans from Ottoman rule in the aftermath of the 1877–1878 Russo-Turkish War . During most of the 19th and early 20th century, Russia and Britain colluded over Afghanistan and its neighbouring territories in Central and South Asia;

6360-411: The Eastern Front . With the onset of the Cold War , it competed with the United States for ideological dominance and international influence . The Soviet era of the 20th century saw some of the most significant Russian technological achievements , including the first human-made satellite and the first human expedition into outer space . In 1991, the Russian SFSR emerged from the dissolution of

6519-429: The Federal Reserve Bank of New York . Countries that participated in the initial round of issuing Brady bonds were Argentina , Brazil , Bulgaria , Costa Rica , Dominican Republic , Ecuador , Mexico , Morocco , Nigeria , Philippines , Poland , Uruguay , and Venezuela . Participating countries were to liberalize their economies in order to qualify for Brady Bonds. The Brady Bonds were credited for resolving

Brady Bonds - Misplaced Pages Continue

6678-487: The Great Northern War (1700–1721), securing Russia's access to the sea and sea trade. In 1703, on the Baltic Sea, Peter founded Saint Petersburg as Russia's new capital. Throughout his rule, sweeping reforms were made , which brought significant Western European cultural influences to Russia. He was succeeded by Catherine I (1725–1727), followed by Peter II (1727–1730), and Anna . The reign of Peter I's daughter Elizabeth in 1741–1762 saw Russia's participation in

6837-433: The Guaraní in Paraguay and the Mapuche in Chile. The vast majority of Latin Americans are Christians (90%), mostly Roman Catholics belonging to the Latin Church . About 70% of the Latin American population considers itself Catholic. In 2012 Latin America constitutes in absolute terms the second world's largest Christian population , after Europe. According to the detailed Pew multi-country survey in 2014, 69% of

6996-404: The Khrushchev Thaw . At the same time, Cold War tensions reached its peak when the two rivals clashed over the deployment of the United States Jupiter missiles in Turkey and Soviet missiles in Cuba . In 1957, the Soviet Union launched the world's first artificial satellite , Sputnik 1 , thus starting the Space Age . Russian cosmonaut Yuri Gagarin became the first human to orbit

7155-420: The Latin American debt crisis , but did not prevent future looming debt crises. There were two main types of Brady bonds: Other, less common, types include front-loaded interest-reduction bonds (FLIRB), new-money bonds , debt-conversion bonds (DCB), and past-due interest bonds (PDI). Brady Bond negotiations generally involved some form of " haircut ." In other words, the value of the bonds resulting from

7314-412: The Latin Church , in a struggle with " Teutonic Europe " and " Anglo-Saxon America " with its Anglo-Saxonism , as well as " Slavic Europe " with its Pan-Slavism . Scholarship has political origins of the term. Two Latin American historians, Uruguayan Arturo Ardao and Chilean Miguel Rojas Mix , found evidence that the term "Latin America" was used earlier than Phelan claimed, and the first use of

7473-402: The Mexican drug war . Several right-wing leaders rose to power, including Argentina's Mauricio Macri and Brazil's Michel Temer , following the impeachment of the country's first female president. In Chile , the conservative Sebastián Piñera succeeded the socialist Michelle Bachelet in 2017. In 2019, center-right Luis Lacalle Pou ended a 15-year leftist rule in Uruguay, after defeating

7632-462: The Oldowan period in the early Lower Paleolithic . About 2 million years ago, representatives of Homo erectus migrated to the Taman Peninsula in southern Russia. Flint tools, some 1.5 million years old, have been discovered in the North Caucasus . Radiocarbon dated specimens from Denisova Cave in the Altai Mountains estimate the oldest Denisovan specimen lived 195–122,700 years ago. Fossils of Denny , an archaic human hybrid that

7791-450: The Rurik dynasty that ruled Kievan Rus' collectively. Kiev's dominance waned, to the benefit of Vladimir-Suzdal in the north-east, the Novgorod Republic in the north, and Galicia-Volhynia in the south-west. By the 12th century, Kiev lost its pre-eminence and Kievan Rus' had fragmented into different principalities. Prince Andrey Bogolyubsky sacked Kiev in 1169 and made Vladimir his base, leading to political power being shifted to

7950-407: The Russian Civil War . The monarchy was replaced by a shaky coalition of political parties that declared itself the Provisional Government , and proclaimed the Russian Republic . On 19 January [ O.S. 6 January], 1918, the Russian Constituent Assembly declared Russia a democratic federal republic (thus ratifying the Provisional Government's decision). The next day the Constituent Assembly

8109-441: The Russian Federation , is a country spanning Eastern Europe and North Asia . It is the largest country in the world by area , extending across eleven time zones and sharing land borders with fourteen countries . It is the world's ninth-most populous country and Europe's most populous country . Russia is a highly urbanised country including 16 population centres with over a million inhabitants. Its capital and largest city

SECTION 50

#1732780334304

8268-456: The Russian SFSR —the world's first constitutionally socialist state . Following the Russian Civil War , the Russian SFSR established the Soviet Union with three other Soviet republics , within which it was the largest and principal constituent. At the expense of millions of lives , the Soviet Union underwent rapid industrialisation in the 1930s and later played a decisive role for the Allies in World War II by leading large-scale efforts on

8427-408: The Seven Years' War (1756–1763). During the conflict, Russian troops overran East Prussia , reaching Berlin. However, upon Elizabeth's death, all these conquests were returned to the Kingdom of Prussia by pro-Prussian Peter III of Russia . Catherine II ("the Great"), who ruled in 1762–1796, presided over the Russian Age of Enlightenment . She extended Russian political control over

8586-474: The Siberian River Routes , and by the mid-17th century, there were Russian settlements in eastern Siberia, on the Chukchi Peninsula , along the Amur River , and on the coast of the Pacific Ocean. In 1648, Semyon Dezhnyov became the first European to navigate through the Bering Strait . Under Peter the Great , Russia was proclaimed an empire in 1721, and established itself as one of the European great powers. Ruling from 1682 to 1725, Peter defeated Sweden in

8745-412: The Soviet Union , by joining the Russian SFSR into a single state with the Byelorussian , Transcaucasian , and Ukrainian republics. Eventually internal border changes and annexations during World War II created a union of 15 republics ; the largest in size and population being the Russian SFSR, which dominated the union politically, culturally, and economically. Following Lenin's death in 1924,

8904-580: The arrival of Europeans in the late 15th and early 16th centuries, the region was home to many indigenous peoples, including advanced civilizations, most notably from South: the Olmec , Maya , Muisca , Aztecs and Inca . The region came under control of the kingdoms of Spain and Portugal , which established colonies, and imposed Roman Catholicism and their languages. Both brought African slaves to their colonies as laborers, exploiting large, settled societies and their resources. The Spanish Crown regulated immigration, allowing only Christians to travel to

9063-414: The largest stockpile of nuclear weapons and has the third-highest military expenditure . Russia is generally considered a great power and is a regional power . Internationally, Russia ranks very low in measurements of democracy , human rights and freedom of the press ; the country also has high levels of perceived corruption . As of 2024, Russia has a high-income economy which ranks eleventh in

9222-494: The 10th to 11th centuries, Kievan Rus' became one of the largest and most prosperous states in Europe. The reigns of Vladimir the Great (980–1015) and his son Yaroslav the Wise (1019–1054) constitute the Golden Age of Kiev, which saw the acceptance of Orthodox Christianity from Byzantium , and the creation of the first East Slavic written legal code , the Russkaya Pravda . The age of feudalism and decentralisation had come, marked by constant in-fighting between members of

9381-462: The 11th century and frequently in 12th-century British sources, in turn derived from Russi , 'the Russians' and the suffix -ia . In modern historiography, this state is usually denoted as Kievan Rus' after its capital city. Another Medieval Latin name for Rus' was Ruthenia . In Russian, the current name of the country, Россия ( Rossiya ), comes from the Byzantine Greek name for Rus', Ρωσία ( Rosía ). A new form of

9540-448: The 16th century, Russia expanded east of the Ural Mountains . However, the Tsardom was weakened by the long and unsuccessful Livonian War against the coalition of the Kingdom of Poland and the Grand Duchy of Lithuania (later the united Polish–Lithuanian Commonwealth ), the Kingdom of Sweden , and Denmark–Norway for access to the Baltic coast and sea trade. In 1572, an invading army of Crimean Tatars were thoroughly defeated in

9699-427: The 1990s, economic stress in Ecuador during the La Década Perdida triggered considerable migration to Spain and to the U.S. Some Latin American countries seek to strengthen links between migrants and their states of origin, while promoting their integration in the receiving state. These emigrant policies focus on the rights, obligations and opportunities for participation of emigrated citizens who already live outside

SECTION 60

#1732780334304

9858-547: The 1990s, many of the innovations introduced in these restructurings ( call options embedded in the bonds, "stepped" coupons, pars and discounts) were retained in the later sovereign restructurings in, for example, Russia and Ecuador . The latter country, in 1999, became the first country to default on its Brady bonds. In 2003, Mexico became the first country to retire its Brady debt. The Philippines bought back all of its Brady bonds in May 2007, joining Colombia , Brazil , Venezuela , and Mexico as countries that have retired

10017-428: The Byzantine double-headed eagle his own, and eventually Russia's, coat-of-arms. Vasili III united all of Russia by annexing the last few independent Russian states in the early 16th century. In development of the Third Rome ideas, the grand duke Ivan IV ("the Terrible") was officially crowned the first tsar of Russia in 1547. The tsar promulgated a new code of laws ( Sudebnik of 1550 ), established

10176-462: The Caribbean region, creole languages are spoken. The most widely-spoken creole language in Latin America and the Caribbean is Haitian Creole , the predominant language of Haiti, derived primarily from French and certain West African tongues, with Amerindian , English, Portuguese and Spanish influences as well. Creole languages of mainland Latin America, similarly, are derived from European languages and various African tongues. The Garifuna language

10335-541: The Catholic faith, which meant Indigenous men were not eligible to be ordained as Catholic priests; however, Indigenous were also excluded from the jurisdiction of the Inquisition . Catholics saw military conquest and religious conquest as two parts of the assimilation of Indigenous populations, suppressing Indigenous religious practices and eliminating the Indigenous priesthood. Some worship continued underground. Jews and other non-Catholics, such as Protestants (all called "Lutherans") were banned from settling and were subject to

10494-406: The Earth, aboard the Vostok 1 crewed spacecraft on 12 April 1961 . Following the ousting of Khrushchev in 1964, another period of collective rule ensued, until Leonid Brezhnev became the leader. The era of the 1970s and the early 1980s was later designated as the Era of Stagnation . The 1965 Kosygin reform aimed for partial decentralisation of the Soviet economy . In 1979, after

10653-572: The Great changed the name of the state from Tsardom of Russia ( Russian : Русское царство , romanized :  Russkoye tsarstvo ) or Tsardom of Muscovy ( Russian : Московское царство , romanized :  Moskovskoye tsarstvo ) to Russian Empire ( Rossiiskaia imperiia ). There are several words in Russian which translate to "Russians" in English. The noun and adjective русский , russkiy refers to ethnic Russians . The adjective российский , rossiiskiy denotes Russian citizens regardless of ethnicity. The same applies to

10812-466: The Indigenous peoples, Europeans, Africans initially brought as slaves, and Asians, as well as new immigrants. Mixing of groups was a fact of life at contact of the Old World and the New, but colonial regimes established legal and social discrimination against non-white populations simply on the basis of perceived ethnicity and skin color. Social class was usually linked to a person's racial category, with European-born Spaniards and Portuguese on top. During

10971-407: The Inquisition. Considerable mixing of populations occurred in cities, while the countryside was largely Indigenous. At independence in the early nineteenth century, in many places in Spanish America formal racial and legal distinctions disappeared, although slavery was not uniformly abolished. Significant black populations exist in Brazil and Spanish Caribbean islands such as Cuba and Puerto Rico and

11130-409: The Latin America and Caribbean region have large-scale school feeding activities, altogether reaching 88% of primary school-age children in the region. Compared to prior generations, Latin American youth have seen an increase in their levels of education. On average, they have completed two more years of school than their parents. However, there are still 23 million children in the region between

11289-422: The Latin American population is Catholic and 19% is Protestant. Protestants are 26% in Brazil and over 40% in much of Central America. More than half of these are converts from Roman Catholicism. The entire hemisphere was settled by migrants from Asia, Europe, and Africa. Native American populations settled throughout the hemisphere before the arrival of Europeans in the late fifteenth and sixteenth centuries, and

11448-454: The Latin race just to subject it to her exploitation regime; treacherous, because she speaks of freedom and nationality, when, unable to conquer freedom for herself, she enslaves others instead!" Therefore, as Michel Gobat puts it, the term Latin America itself had an "anti-imperial genesis," and their creators were far from supporting any form of imperialism in the region, or in any other place of

11607-615: The New World. The colonization process led to significant native population declines due to disease, forced labor, and violence. They imposed their culture, destroying native codices and artwork. Colonial-era religion played a crucial role in everyday life, with the Spanish Crown ensuring religious purity and aggressively prosecuting perceived deviations like witchcraft. In the early nineteenth century nearly all of areas of Spanish America attained independence by armed struggle, with

11766-536: The Pink tide lost support. The worst-hit was Venezuela, which is facing severe social and economic upheaval . Charges of against a major Brazilian conglomerate, Odebrecht , has raised allegations of corruption across the region's governments (see Operation Car Wash ). This bribery ring has become the largest corruption scandal in Latin American history. As of July 2017, the highest ranking politicians charged were former Brazilian President Luiz Inácio Lula da Silva , who

11925-740: The Polish–Lithuanian Commonwealth and annexed most of its territories into Russia , making it the most populous country in Europe. In the south, after the successful Russo-Turkish Wars against the Ottoman Empire , Catherine advanced Russia's boundary to the Black Sea, by dissolving the Crimean Khanate , and annexing Crimea . As a result of victories over Qajar Iran through the Russo-Persian Wars , by

12084-941: The Provisional Government and gave full governing power to the soviets, leading to the creation of the world's first socialist state . The Russian Civil War broke out between the anti-communist White movement and the Bolsheviks with its Red Army . In the aftermath of signing the Treaty of Brest-Litovsk that concluded hostilities with the Central Powers of World War I ; Bolshevist Russia surrendered most of its western territories, which hosted 34% of its population, 54% of its industries, 32% of its agricultural land, and roughly 90% of its coal mines. The Allied powers launched an unsuccessful military intervention in support of anti-communist forces. In

12243-938: The Red Army invaded Manchuria and ousted the Japanese from Northeast Asia, contributing to the Allied victory over Japan. The 1941–1945 period of World War II is known in Russia as the Great Patriotic War . The Soviet Union, along with the United States, the United Kingdom and China were considered the Big Four of Allied powers in World War II, and later became the Four Policemen , which

12402-455: The Russian autocratic state. The destruction of Kievan Rus' saw the eventual rise of the Grand Duchy of Moscow , initially a part of Vladimir-Suzdal . While still under the domain of the Mongol - Tatars and with their connivance, Moscow began to assert its influence in the region in the early 14th century, gradually becoming the leading force in the "gathering of the Russian lands". When

12561-539: The Russian parliament culminated in a constitutional crisis which ended violently through military force. During the crisis, Yeltsin was backed by Western governments, and over 100 people were killed. In December, a referendum was held and approved, which introduced a new constitution, giving the president enormous powers. The 1990s were plagued by armed conflicts in the North Caucasus , both local ethnic skirmishes and separatist Islamist insurrections. From

12720-623: The Soviet Union as the Russian Federation. A new constitution was adopted, which established a federal semi-presidential system . Since the turn of the century, Russia's political system has been dominated by Vladimir Putin , under whom the country has experienced democratic backsliding and become an authoritarian dictatorship . Russia has been militarily involved in a number of conflicts in former Soviet states and other countries , including its war with Georgia in 2008 and its war with Ukraine since 2014, which has involved

12879-408: The Soviet Union led Russia into a deep and prolonged depression. During and after the disintegration of the Soviet Union, wide-ranging reforms including privatisation and market and trade liberalisation were undertaken, including radical changes along the lines of " shock therapy ". The privatisation largely shifted control of enterprises from state agencies to individuals with inside connections in

13038-636: The Soviet Union. The transitional disorganisation of the country's agriculture, combined with the harsh state policies and a drought, led to the Soviet famine of 1932–1933 ; which killed 5.7 to 8.7 million, 3.3 million of them in the Russian SFSR. The Soviet Union, ultimately, made the costly transformation from a largely agrarian economy to a major industrial powerhouse within a short span of time. The Soviet Union entered World War II on 17 September 1939 with its invasion of Poland , in accordance with

13197-459: The Soviet system, introduced the policies of glasnost (openness) and perestroika (restructuring) in an attempt to end the period of economic stagnation and to democratise the government . This, however, led to the rise of strong nationalist and separatist movements across the country. Prior to 1991, the Soviet economy was the world's second-largest, but during its final years, it went into

13356-507: The U.S. settled in northern Mexico. When the U.S. acquired its southwest by conquest in the Mexican American War , Latin American populations did not cross the border to the U.S., the border crossed them. In the twentieth century there have been several types of migration. One is the movement of rural populations within a given country to cities in search of work, causing many Latin American cities to grow significantly. Another

13515-604: The Ukrainian leader, Bohdan Khmelnytsky , offered to place Ukraine under the protection of the Russian tsar, Alexis ; whose acceptance of this offer led to another Russo-Polish War . Ultimately, Ukraine was split along the Dnieper , leaving the eastern part, ( Left-bank Ukraine and Kiev ) under Russian rule. In the east, the rapid Russian exploration and colonisation of vast Siberia continued, hunting for valuable furs and ivory. Russian explorers pushed eastward primarily along

13674-509: The United Kingdom during the region's political turmoil, compounded by the rise of narcotrafficking and guerrilla warfare . During the Central American wars of the 1970s to the 1990s, many Salvadorans, Guatemalans, and Hondurans migrated to the U.S. to escape narcotrafficking, gangs, and poverty. As living conditions deteriorated in Venezuela under Hugo Chávez and Nicolás Maduro , many left for neighboring Colombia and Ecuador. In

13833-630: The United Nations ECLAC , Latin America is the most unequal region in the world. Inequality in Latin America has deep historical roots in the Latin European racially based Casta system instituted in Latin America during colonial times that has been difficult to eradicate because of the differences between initial endowments and opportunities among social groups have constrained the poorest's social mobility , thus causing poverty to transmit from generation to generation, and become

13992-466: The United States and Canada, but a significant number arrived in Latin America. Although Mexico tried to attract immigrants, it largely failed. As black slavery was abolished in Brazil in 1888, coffee growers recruited Japanese migrants to work in coffee plantations. There is a significant population of Japanese descent in Brazil. Cuba and Peru recruited Chinese labor in the late nineteenth century. Some Chinese immigrants who were excluded from immigrating to

14151-823: The Volga-Dnieper region of southern Russia and Ukraine as the urheimat of the Proto-Indo-Europeans . Early Indo-European migrations from the Pontic–Caspian steppe of Ukraine and Russia spread Yamnaya ancestry and Indo-European languages across large parts of Eurasia. Nomadic pastoralism developed in the Pontic–Caspian steppe beginning in the Chalcolithic . Remnants of these steppe civilizations were discovered in places such as Ipatovo , Sintashta , Arkaim , and Pazyryk , which bear

14310-530: The ages of 13 and 17 years, only 80% are full-time students, and only 66% of these advance to secondary school. These percentages are lower among vulnerable population groups: only 75% of the poorest youth between the ages of 13 and 17 years attend school. Tertiary education has the lowest coverage, with only 70% of people between the ages of 18 and 25 years outside of the education system. Currently, more than half of low income or rural children fail to complete nine years of education. Russia Russia , or

14469-558: The ages of 4 and 17 outside of the formal education system. Estimates indicate that 30% of preschool age children (ages 4–5) do not attend school, and for the most vulnerable populations, the poor and rural, this proportion exceeds 40 percent. Among primary school age children (ages 6 to 12), attendance is almost universal; however there is still a need to enroll five million more children in the primary education system. These children mostly live in remote areas, are Indigenous or Afro-descendants and live in extreme poverty. Among people between

14628-853: The bonds. Latin America Latin America often refers to the regions in the Americas in which Romance languages are the main languages. It is "commonly used to describe South America (with the exception of Suriname , Guyana and the Falkland islands ), plus Central America , Mexico , and most of the islands of the Caribbean ". In a narrow sense, it refers to Spanish America , and often it may also include Brazil ( Portuguese America ). The term "Latin America" may be used more broadly than Hispanic America , which specifically refers to Spanish-speaking countries; and more narrowly than categories such as Ibero-America ,

14787-744: The borders of the country of origin. Research on Latin America shows that the extension of policies towards migrants is linked to a focus on civil rights and state benefits that can positively influence integration in recipient countries. In addition, the tolerance of dual citizenship has spread more in Latin America than in any other region of the world. Despite significant progress, education access and school completion remains unequal in Latin America. The region has made great progress in educational coverage; almost all children attend primary school , and access to secondary education has increased considerably. Quality issues such as poor teaching methods, lack of appropriate equipment, and overcrowding exist throughout

14946-591: The capital Moscow. In 1612, the Poles were forced to retreat by the Russian volunteer corps, led by merchant Kuzma Minin and prince Dmitry Pozharsky . The Romanov dynasty acceded to the throne in 1613 by the decision of the Zemsky Sobor, and the country started its gradual recovery from the crisis. Russia continued its territorial growth through the 17th century, which was the age of the Cossacks . In 1654,

15105-641: The circum-Caribbean mainland (Venezuela, Colombia, Panama), as long as in the southern part of South America and Central America (Honduras, Costa Rica, Nicaragua, Ecuador, and Peru) a legacy of their use in plantations. All these areas also have significant white populations. In Brazil, coastal Indigenous peoples largely died out in the early sixteenth century, with Indigenous populations surviving far from cities, sugar plantations, and other European enterprises. Many mixed-race people in much of Latin America are tri-racial, usually of European, African, and Indigenous blood, where European (mostly Spanish/Portuguese) tends to be

15264-537: The colonial era, with a dearth initially of European women, European men and Indigenous women and African women produced what were considered mixed-race children. In Spanish America, the so-called Sociedad de castas or Sistema de castas was constructed by white elites to try to rationalize the processes at work. In the sixteenth century the Spanish crown sought to protect Indigenous populations from exploitation by white elites for their labor and land. The crown created

15423-545: The control of the Golden Horde and consolidated the whole of northern Rus' under Moscow's dominion, and was the first Russian ruler to take the title "Grand Duke of all Rus'". After the fall of Constantinople in 1453, Moscow claimed succession to the legacy of the Eastern Roman Empire . Ivan III married Sophia Palaiologina , the niece of the last Byzantine emperor Constantine XI , and made

15582-457: The cosmic race ", according to Mexican intellectual José Vasconcelos , thus erasing other populations. There was considerable discrimination against Asians, with calls for the expulsion of Chinese in northern Mexico during the Mexican Revolution (1910–1920) and racially motivated massacres . In a number of Latin American countries, Indigenous groups have organized explicitly as Indigenous, to claim human rights and influence political power. With

15741-422: The countries issued new bonds for the principal sum and, in some cases, unpaid interest . Because they were tradable and came with some guarantees , they were sometimes more valuable to the creditors than the original bonds. The key innovation behind the introduction of Brady Bonds was to allow the commercial banks to exchange their claims on developing countries into tradable instruments, allowing them to get

15900-463: The country's Caribbean coast English and Indigenous languages such as Miskito , Sumo , and Rama also hold official status. Colombia recognizes all Indigenous languages spoken within its territory as official, though fewer than 1% of its population are native speakers of these languages. Nahuatl is one of the 62 Native languages spoken by Indigenous people in Mexico, which are officially recognized by

16059-537: The crash of the Mexican economy in the 1980s. Spanish refugees fled to Mexico following the fascist victory in the Spanish Civil War (1936–38), with some 50,000 exiles finding refuge at the invitation of President Lázaro Cárdenas . Following World War II a larger wave of refugees to Latin America, many of them Jews, settled in Argentina, Brazil, Chile, Cuba, and Venezuela. Some were only transiting through

16218-450: The crucial Battle of Molodi . The death of Ivan's sons marked the end of the ancient Rurik dynasty in 1598, and in combination with the disastrous famine of 1601–1603 , led to a civil war, the rule of pretenders, and foreign intervention during the Time of Troubles in the early 17th century. The Polish–Lithuanian Commonwealth , taking advantage, occupied parts of Russia, extending into

16377-540: The debt off their balance sheets . This reduced the concentration risk to those banks. In the second round, creditors converted their existing claims into their choice among the "menu" of options agreed upon in the first round. The penalties for creditors failing to comply with the terms of the deal were never made explicit. Nevertheless, compliance was not an important problem under the Brady Plan. Banks wishing to cease their foreign lending activities tended to choose

16536-575: The earliest known traces of horses in warfare . The genetic makeup of speakers of the Uralic language family in northern Europe was shaped by migration from Siberia that began at least 3,500 years ago. In the 3rd to 4th centuries CE, the Gothic kingdom of Oium existed in southern Russia, which was later overrun by Huns . Between the 3rd and 6th centuries CE, the Bosporan Kingdom , which

16695-510: The exceptions of Cuba and Puerto Rico . Brazil , which had become a monarchy separate from Portugal, became a republic in the late nineteenth century. Political independence from European monarchies did not result in the abolition of black slavery in the new nations, it resulted in political and economic instability in Spanish America, immediately after independence. Great Britain and the United States exercised significant influence in

16854-420: The exit option under the auspices of the deal. By offering a "menu" of options, the Brady Plan permitted credit restructurings to be tailored to the heterogeneous preferences of creditors. The terms achieved under the deals indicate that debtors used the menu approach to reduce the cost of debt reduction. Furthermore, it reduced the holdout problem in which certain holders have an incentive not to participate in

17013-481: The first Europeans to reach and colonise Alaska . In 1803–1806, the first Russian circumnavigation was made. In 1820, a Russian expedition discovered the continent of Antarctica . During the Napoleonic Wars , Russia joined alliances with various European powers, and fought against France. The French invasion of Russia at the height of Napoleon's power in 1812 reached Moscow, but eventually failed as

17172-564: The first Russian feudal representative body (the Zemsky Sobor ), revamped the military, curbed the influence of the clergy, and reorganised local government. During his long reign, Ivan nearly doubled the already large Russian territory by annexing the three Tatar khanates: Kazan and Astrakhan along the Volga , and the Khanate of Sibir in southwestern Siberia. Ultimately, by the end of

17331-586: The first half of the 19th century, Russia also conquered the Caucasus . Catherine's successor, her son Paul , was unstable and focused predominantly on domestic issues . Following his short reign, Catherine's strategy was continued with Alexander I's (1801–1825) wresting of Finland from the weakened Sweden in 1809, and of Bessarabia from the Ottomans in 1812. In North America, the Russians became

17490-472: The forced migration of slaves from Africa. In the post-independence period, a number of Latin American countries sought to attract European immigrants as a source of labor as well as to deliberately change the proportions of racial and ethnic groups within their borders. Chile, Argentina, and Brazil actively recruited labor from Catholic southern Europe, where populations were poor and sought better economic opportunities. Many nineteenth-century immigrants went to

17649-409: The globe. The distinction between Latin America and Anglo-America is a convention based on the predominant languages in the Americas by which Romance language- and English-speaking cultures are distinguished. Neither area is culturally or linguistically homogeneous; in substantial portions of Latin America (e.g., highland Peru , Bolivia , Mexico, Guatemala ), Native American cultures and, to

17808-1070: The government as "national languages" along with Spanish. Other European languages spoken in Latin America include: English, by half of the current population in Puerto Rico, as well as in nearby countries that may or may not be considered Latin American, like Belize and Guyana , and spoken by descendants of British settlers in Argentina and Chile. German is spoken in southern Brazil, southern Chile, portions of Argentina, Venezuela and Paraguay; Italian in Brazil , Argentina, Venezuela, and Uruguay; Ukrainian , Polish , and Russian in southern Brazil and Argentina; and Welsh , in southern Argentina. Non-European or Asian languages include Japanese in Brazil, Peru, Bolivia, and Paraguay, Korean in Brazil, Argentina, Paraguay, and Chile, Arabic in Argentina, Brazil, Colombia, Venezuela, and Chile, and Chinese throughout South America. Countries like Venezuela, Argentina and Brazil have their own dialects or variations of German and Italian. In several nations, especially in

17967-485: The government, which led to the rise of Russian oligarchs . Many of the newly rich moved billions in cash and assets outside of the country in an enormous capital flight . The depression of the economy led to the collapse of social services—the birth rate plummeted while the death rate skyrocketed, and millions plunged into poverty; while extreme corruption, as well as criminal gangs and organised crime rose significantly. In late 1993, tensions between Yeltsin and

18126-535: The highest levels of income inequality in the world. The following table lists all the countries in Latin America indicating a valuation of the country's Human Development Index , GDP at purchasing power parity per capita, measurement of inequality through the Gini index , measurement of poverty through the Human Poverty Index , a measure of extreme poverty based on people living on less than 1.25 dollars

18285-549: The internationally unrecognised annexations of Ukrainian territory including Crimea in 2014 and four other regions in 2022 during an ongoing invasion . Russia is a permanent member of the United Nations Security Council ; a member state of the G20 , SCO , BRICS , APEC , OSCE , and WTO ; and the leading member state of post-Soviet organisations such as CIS , CSTO , and EAEU/EEU . It possesses

18444-645: The larger group of countries where Spanish and Portuguese languages prevailed. Research has shown that the idea that a part of the Americas has a linguistic and cultural affinity with the Romance cultures as a whole can be traced back to the 1830s, in the writing of the French Saint-Simonian Michel Chevalier , who postulated that a part of the Americas was inhabited by people of a " Latin race ", and that it could, therefore, ally itself with " Latin Europe ", ultimately overlapping

18603-535: The latter deliberately starved to death or otherwise killed 3.3 million Soviet POWs , and a vast number of civilians, as the " Hunger Plan " sought to fulfil Generalplan Ost . Although the Wehrmacht had considerable early success, their attack was halted in the Battle of Moscow . Subsequently, the Germans were dealt major defeats first at the Battle of Stalingrad in the winter of 1942–1943, and then in

18762-627: The meantime, both the Bolsheviks and White movement carried out campaigns of deportations and executions against each other, known respectively as the Red Terror and White Terror . By the end of the violent civil war, Russia's economy and infrastructure were heavily damaged, and as many as 10 million perished during the war, mostly civilians. Millions became White émigrés , and the Russian famine of 1921–1922 claimed up to five million victims. On 30 December 1922, Lenin and his aides formed

18921-399: The mid-nineteenth century and widespread poverty, Germans, Spaniards, and Italians immigrated to Latin America in large numbers, welcomed by Latin American governments both as a source of labor as well as a way to increase the size of their white populations. In Argentina, many Afro-Argentines married Europeans. In twentieth-century Brazil, sociologist Gilberto Freyre proposed that Brazil

19080-528: The mid-twentieth century, especially in capital cities , or in the case of Brazil, traditional economic and political hubs founded in the colonial era. In Mexico, the rapid growth and modernization in country's north has seen the growth of Monterrey , in Nuevo León . The following is a list of the ten largest metropolitan areas in Latin America. Entries in "bold" indicate they are ranked the highest. Latin American populations are diverse, with descendants of

19239-427: The middle and bottom of the income distribution , as they rely mostly on wages for income. In addition, the report noted that 'highly-unequal land distribution has created social and political tensions and is a source of economic inefficiency , as small landholders frequently lack access to credit and other resources to increase productivity , while big owners may not have had enough incentive to do so. According to

19398-609: The more recently coined noun россиянин , rossiianyn , "Russian" in the sense of citizen of the Russian state. According to the Primary Chronicle , the word Rus' is derived from the Rus' people , who were a Swedish tribe, and where the three original members of the Rurikid dynasty came from. The Finnish word for Swedes, ruotsi , has the same origin. Later archeological studies mostly confirmed this theory. The first human settlement on Russia dates back to

19557-579: The most sophisticated textually written language, but since texts were largely confined to the religious and administrative elite, traditions were passed down orally. Oral traditions also prevailed in other major Indigenous groups including, but not limited to the Aztecs and other Nahuatl speakers, Quechua and Aymara of the Andean regions, the Quiché of Central America, the Tupi-Guaraní in today's Brazil,

19716-542: The name Rus ' , Росия ( Rosiya ), was borrowed from the Greek term and first attested in 1387. The name Rossiia appeared in Russian sources in the late 15th century, but until the end of the 17th century the country was more often referred to by its inhabitants as Rus ' , the Russian land ( Russkaia zemlia ), or the Muscovite state ( Moskovskoe gosudarstvo ), among other variations. In 1721, Peter

19875-589: The north-east. Led by Prince Alexander Nevsky , Novgorodians repelled the invading Swedes in the Battle of the Neva in 1240, as well as the Germanic crusaders in the Battle on the Ice in 1242. Kievan Rus' finally fell to the Mongol invasion of 1237–1240, which resulted in the sacking of Kiev and other cities, as well as the death of a major part of the population. The invaders, later known as Tatars , formed

20034-404: The obsolescence of racial theory... But it is not easy to declare something dead when it can hardly be said to have existed," going on to say, "The term is here to stay, and it is important." Following in the tradition of Chilean writer Francisco Bilbao, who excluded Brazil, Argentina and Paraguay from his early conceptualization of Latin America, Chilean historian Jaime Eyzaguirre has criticized

20193-620: The obstinate resistance in combination with the bitterly cold Russian winter led to a disastrous defeat of invaders, in which the pan-European Grande Armée faced utter destruction. Led by Mikhail Kutuzov and Michael Andreas Barclay de Tolly , the Imperial Russian Army ousted Napoleon and drove throughout Europe in the War of the Sixth Coalition , ultimately entering Paris. Alexander I controlled Russia's delegation at

20352-654: The official line. The continued internal struggle in the Bolshevik party culminated in the Great Purge . Under Stalin's leadership, the government launched a command economy , industrialisation of the largely rural country , and collectivisation of its agriculture . During this period of rapid economic and social change, millions of people were sent to penal labour camps , including many political convicts for their suspected or real opposition to Stalin's rule; and millions were deported and exiled to remote areas of

20511-644: The passage of anti-colonial resolutions in the United Nations General Assembly and the signing of resolutions for Indigenous rights, the Indigenous are able to act to guarantee their existence within nation-states with legal standing . Spanish is the predominant language of Latin America. It is spoken as first language by about 60% of the population. Portuguese is spoken by about 30%, and about 10% speak other languages such as Quechua , Mayan languages , Guaraní , Aymara , Nahuatl , English , French , Dutch and Italian . Portuguese

20670-512: The pink tide, there was a Conservative wave across Latin America. In Mexico, the rightwing National Action Party (PAN) won the presidential election of 2000 with its candidate Vicente Fox , ending the 71-year rule of the Institutional Revolutionary Party . He was succeed six-years later by another conservative, Felipe Calderón (2006–2012), who attempted to crack down on the Mexican drug cartels and instigated

20829-602: The post-independence era, resulting in a form of neo-colonialism , where political sovereignty remained in place, but foreign powers exercised considerable power in the economic sphere. Newly independent nations faced domestic and interstate conflicts, struggling with economic instability and social inequality. The 20th century brought U.S. intervention and the Cold War 's impact on the region, with revolutions in countries like Cuba influencing Latin American politics. The late 20th and early 21st centuries saw shifts towards left-wing governments, followed by conservative resurgences, and

20988-485: The regime recently established in Nicaragua by American William Walker and his band of filibusters who ruled Nicaragua for nearly a year (1856–57) and attempted to reinstate slavery there, where it had been already abolished for three decades In both Bilbao's and Torres Caicedo's works, the Mexican–American War (1846–48) and William Walker's expedition to Nicaragua are explicitly mentioned as examples of dangers for

21147-466: The region, but others stayed and created communities. A number of Nazis escaped to Latin America, living under assumed names, in an attempt to avoid attention and prosecution. In the aftermath of the Cuban Revolution, middle class and elite Cubans moved to the U.S., particularly to Florida. Some fled Chile for the U.S. and Europe after the 1973 military coup. Colombians migrated to Spain and

21306-456: The region. For Bilbao, "Latin America" was not a geographical concept, as he excluded Brazil, Paraguay, and Mexico. Both authors also asked for the union of all Latin American countries as the only way to defend their territories against further foreign US interventions. Both also rejected European imperialism, claiming that the return of European countries to non-democratic forms of government was another danger for Latin American countries, and used

21465-415: The region. These issues lead to adolescents dropping out of the educational system early. Most educational systems in the region have implemented various types of administrative and institutional reforms that have enabled reach for places and communities that had no access to education services in the early 1990s. School meal programs are also employed to expand access to education, and at least 23 countries in

21624-448: The restructuring in the hope of getting a better deal. The principal amount was usually collateralized by specially issued US Treasury 30-year zero-coupon bonds purchased by the debtor country using a combination of International Monetary Fund , World Bank , and the country's own foreign currency reserves . Interest payments on Brady bonds, in some cases, are guaranteed by securities of at least double-A-rated credit quality held with

21783-463: The restructurings was less than the face value of the claims before the restructurings. Guarantees attached to Brady bonds included collateral to guarantee the principal, rolling interest guarantees, and value recovery rights. Not all Brady bonds would necessarily have all those forms of guarantee, and the specifics would vary from issuance to issuance. Although the Brady bond process ended during

21942-536: The rivalry between the two major European empires came to be known as the Great Game . The late 19th century saw the rise of various socialist movements in Russia. Alexander II was assassinated in 1881 by revolutionary terrorists. The reign of his son Alexander III (1881–1894) was less liberal but more peaceful. Under last Russian emperor, Nicholas II (1894–1917), the Revolution of 1905

22101-734: The same word to describe the state of European politics at the time: "despotism." Several years later, during the French invasion of Mexico , Bilbao wrote another work, "Emancipation of the Spirit in America", where he asked all Latin American countries to support the Mexican cause against France, and rejected French imperialism in Asia, Africa, Europe and the Americas. He asked Latin American intellectuals to search for their "intellectual emancipation" by abandoning all French ideas, claiming that France was: "Hypocrite, because she [France] calls herself protector of

22260-611: The seat of the Metropolitan of the Russian Orthodox Church moved to Moscow in 1325, its influence increased. Moscow's last rival, the Novgorod Republic , prospered as the chief fur trade centre and the easternmost port of the Hanseatic League . Led by Prince Dmitry Donskoy of Moscow, the united army of Russian principalities inflicted a milestone defeat on the Mongol-Tatars in the Battle of Kulikovo in 1380. Moscow gradually absorbed its parent duchy and surrounding principalities, including formerly strong rivals such as Tver and Novgorod . Ivan III ("the Great") threw off

22419-406: The state of the Golden Horde , which ruled over Russia for the next two centuries. Only the Novgorod Republic escaped foreign occupation after it agreed to pay tribute to the Mongols. Galicia-Volhynia would later be absorbed by Lithuania and Poland , while the Novgorod Republic continued to prosper in the north. In the northeast, the Byzantine-Slavic traditions of Kievan Rus' were adapted to form

22578-707: The strongest of the three. In most of Brazil and the Spanish Caribbean, the average ancestral mix is European and African blood, with much smaller amounts of indigenous blood. While the opposite is true in many mainland Spanish-speaking Latin American countries like Venezuela, Colombia, and Panama, where the average ancestral mix is of European and indigenous blood, with smaller amounts of African. But in Mexico, and other places in northern Central America and southern South America, mixed race people tend to be completely of European and indigenous blood. Dominican Republic, Puerto Rico, Cuba, and Brazil have dominant Mulatto/Triracial populations ("Pardo" in Brazil), in Brazil and Cuba, there

22737-465: The term 'Latin America' had already been used in 1856 by Central Americans and South Americans protesting US expansion into the Southern Hemisphere". Edward Shawcross summarizes Ardao's and Rojas Mix's findings in the following way: "Ardao identified the term in a poem by a Colombian diplomat and intellectual resident in France, José María Torres Caicedo, published on 15 February 1857 in a French based Spanish-language newspaper, while Rojas Mix located it in

22896-583: The term Latin America for "disguising" and "diluting" the Spanish character of a region (i.e. Hispanic America ) with the inclusion of nations that, according to him, do not share the same pattern of conquest and colonization . The Francophone part of North America which includes Quebec , Acadia , and Louisiana is generally excluded from the definition of Latin America. Latin America can be subdivided into several subregions based on geography, politics, democracy , demographics and culture. The basic geographical subregions are North America, Central America,

23055-667: The term was in fact in opposition to imperialist projects in the Americas. Ardao wrote about this subject in his book Génesis de la idea y el nombre de América latina (Genesis of the Idea and the Name of Latin America, 1980), and Miguel Rojas Mix in his article "Bilbao y el hallazgo de América latina: Unión continental, socialista y libertaria" (Bilbao and the Finding of Latin America: a Continental, Socialist, and Libertarian Union, 1986). As Michel Gobat points out in his article "The Invention of Latin America: A Transnational History of Anti-Imperialism, Democracy , and Race", "Arturo Ardao, Miguel Rojas Mix, and Aims McGuinness have revealed [that]

23214-523: The time Chechen separatists declared independence in the early 1990s, an intermittent guerrilla war was fought between the rebel groups and Russian forces. Terrorist attacks against civilians were carried out by Chechen separatists, claiming the lives of thousands of Russian civilians. After the dissolution of the Soviet Union, Russia assumed responsibility for settling the latter's external debts. In 1992, most consumer price controls were eliminated, causing extreme inflation and significantly devaluing

23373-427: The unification of Russian lands, leading to the proclamation of the Tsardom of Russia in 1547. By the early 18th century, Russia had vastly expanded through conquest, annexation, and the efforts of Russian explorers , developing into the Russian Empire , which remains the third-largest empire in history . However, with the Russian Revolution in 1917, Russia's monarchic rule was abolished and eventually replaced by

23532-412: The world by nominal GDP and fourth at purchasing power parity , relying on its vast mineral and energy resources ; the world's second-largest for oil production and natural gas production . Russia is home to 32 UNESCO World Heritage Sites . According to the Oxford English Dictionary , the English name Russia first appeared in the 14th century, borrowed from Medieval Latin : Russia , used in

23691-449: Was elected President of the Russian SFSR. In August 1991, a coup d'état attempt by members of Gorbachev's government, directed against Gorbachev and aimed at preserving the Soviet Union, instead led to the end of the Communist Party of the Soviet Union. On 25 December 1991, following the dissolution of the Soviet Union , along with contemporary Russia, fourteen other post-Soviet states emerged. The economic and political collapse of

23850-415: Was a " racial democracy ", with less discrimination against blacks than in the U.S. Even if a system of legal racial segregation was never implemented in Latin America, unlike the United States, subsequent research has shown that in Brazil there's discrimination against darker citizens, and that whites remain the elites in the country. In Mexico, the mestizo population was considered the true embodiment of "

24009-417: Was a Hellenistic polity that succeeded the Greek colonies, was also overwhelmed by nomadic invasions led by warlike tribes such as the Huns and Eurasian Avars . The Khazars , who were of Turkic origin , ruled the steppes between the Caucasus in the south, to the east past the Volga river basin, and west as far as Kyiv on the Dnieper river until the 10th century. After them came the Pechenegs who created

24168-488: Was arrested, and former Peruvian presidents Ollanta Humala and Alejandro Toledo , who fled to the United States and was extradited back to Peru. The COVID-19 pandemic proved a political challenge for many unstable Latin American democracies, with scholars identifying a decline in civil liberties as a result of opportunistic emergency powers. This was especially true for countries with strong presidential regimes, such as Brazil . Wealth inequality in Latin America and

24327-440: Was dissolved by the All-Russian Central Executive Committee . An alternative socialist establishment co-existed, the Petrograd Soviet , wielding power through the democratically elected councils of workers and peasants, called soviets . The rule of the new authorities only aggravated the crisis in the country instead of resolving it, and eventually, the October Revolution , led by Bolshevik leader Vladimir Lenin , overthrew

24486-448: Was found at Kostyonki–Borshchyovo , and at Sungir , dating back to 34,600 years ago—both in western Russia . Humans reached Arctic Russia at least 40,000 years ago, in Mamontovaya Kurya . Ancient North Eurasian populations from Siberia genetically similar to Mal'ta–Buret' culture and Afontova Gora were an important genetic contributor to Ancient Native Americans and Eastern Hunter-Gatherers . The Kurgan hypothesis places

24645-447: Was further popularized by French emperor Napoleon III 's government of political strongman that in the 1860s as Latin America to justify France's military involvement in the Second Mexican Empire and to include French-speaking territories in the Americas, such as French Canada , Haiti , French Louisiana , French Guiana , Martinique , Guadeloupe and the French Antillean Creole Caribbean islands Saint Lucia , and Dominica , in

24804-458: Was half Neanderthal and half Denisovan, and lived some 90,000 years ago, was also found within the latter cave. Russia was home to some of the last surviving Neanderthals, from about 45,000 years ago, found in Mezmaiskaya cave . The first trace of an early modern human in Russia dates back to 45,000 years, in Western Siberia . The discovery of high concentration cultural remains of anatomically modern humans , from at least 40,000 years ago,

24963-412: Was populated by Finno-Ugrian peoples. From the 7th century onwards, the incoming East Slavs slowly assimilated the native Finno-Ugrians. The establishment of the first East Slavic states in the 9th century coincided with the arrival of Varangians , the Vikings who ventured along the waterways extending from the eastern Baltic to the Black and Caspian Seas. According to the Primary Chronicle ,

25122-401: Was the foundation of the United Nations Security Council . During the war, Soviet civilian and military death were about 26–27 million , accounting for about half of all World War II casualties . The Soviet economy and infrastructure suffered massive devastation, which caused the Soviet famine of 1946–1947 . However, at the expense of a large sacrifice, the Soviet Union emerged as

25281-569: Was triggered by the humiliating failure of the Russo-Japanese War . The uprising was put down, but the government was forced to concede major reforms ( Russian Constitution of 1906 ), including granting freedoms of speech and assembly , the legalisation of political parties, and the creation of an elected legislative body, the State Duma . In 1914, Russia entered World War I in response to Austria-Hungary 's declaration of war on Russia's ally Serbia , and fought across multiple fronts while isolated from its Triple Entente allies. In 1916,

#303696