Scott Hancox, Staff Member Venezuela is currently suffering from a serious economic crisis and humanitarian emergency so dire that it is now being referred to as “the world’s worst economy.”[1] Despite this, there has been confusion regarding the underlying causes of the crisis, exacerbated by Venezuela’s borders which have long appeared opaque to Western sources.…
Continue ReadingBy Lindsey Schwalbach, Staff Member In the last twenty years a number of prominent sovereigns have defaulted, including most notably Argentina in 2001-2002 and 2014[1], Greece in 2012[2] and 2014[3], and Venezuela[4] and Puerto Rico[5] in 2017. Argentina is obviously no stranger to the sovereign debt restructuring process.[6] Since the year 2000, Argentina has defaulted…
Continue ReadingBy Toni Ojoyeyi, Staff Member Venezuela has struggled to regain economic and political stability after the death of former President Hugo Chavez in 2013. Today, the country is experiencing unrest and thousands of Venezuelans have crossed into Colombia hoping to encounter work or basic necessities such as food that are difficult to find in Venezuela.[1]…
Continue ReadingBy Cooper Johnson, Note and Comment Editor Brazil has become the center of corruption in recent years. Odebrecht SA, Latin America’s largest construction company, agreed to pay more than $3.5 billion to resolve bribery allegations involving Brazil’s state-run oil company.[1] The company admitted to paying officials of the Brazilian oil giant Petrobas to win contracts.[2]…
Continue ReadingE. Catlynne Shadakofsky, MJIL Staff Member Despite the growing awareness and international support for legal reform providing protection for children in the work force, social and economic factors continue to present large obstacles standing in the way of laws’ positive impact. Even after the adoption of laws changing the structure of employing children, historically, the…
Continue ReadingAmi Hutchinson, MJIL Staff Member In June of 2014, 16-year-old Sergio Urrego’s mother, Alba Reyes, filed a complaint with the Secretary of Education of Cundinamarca (the administrative bureau in charge of surveying the quality of education within the territory of Cundinamarca, Colombia). In her complaint, Alba alleged that her son had suffered persistent and severe…
Continue ReadingKerry McGuire, MJIL Digital Media Editor Recent headlines announced that Mexico’s Supreme Court paved the way for legalization by permitting the cultivation of marijuana for personal use. Much like other civil law countries, Mexico’s Supreme Court Decisions apply only to the actors within a particular case. If the Supreme Court makes the same decision a…
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