The Future of the Dollar
U.S. Financial Power Depends on Washington, Not Beijing
SEND LAWYERS, GUNS, AND MONEY
During the 1980s, Latin America was at the forefront of U.S. foreign and security policy. But as the Cold War ended and local conflicts subsided, the region slipped onto a strategic back burner. Washington's interest in it was sparked chiefly by financial opportunities or crises. Now Latin American battles are once again in the news as civil strife in Colombia becomes a serious security threat not only to the Andean region but to the broader hemisphere as well.
The Colombian conflict is deep-rooted and complex, involving two basic issues (drugs and control of the country) and three warring factions (the government, left-wing guerrillas, and right-wing paramilitaries). What is more, it is now boiling over: in addition to battling the government, the guerrillas kidnap neighboring Venezuelans and Ecuadorians; the paramilitaries smuggle weapons from bases along the Panamanian border; and hundreds of citizens from dozens of