This interesting blog post tells the story of what is becoming a commonplace job for technology consultants doing business in Latin America: “Integrated Neurology Service SINEURO’s office, located in São Paulo, Brazil, migrated from various versions of Windows (from 98 to XP) on a network of five computers with eight nonskilled computer users. I was the consultant in charge, and I spent no money on new hardware. Thank to the Linux Terminal Server Project (LTSP), hardware that’s too old for new versions of Windows runs Linux applications just fine over a network from a server.”

:D

On Dec. 9, standing before the flags of their countries, the presidents of Argentina, Bolivia, Brazil, Ecuador, Paraguay and Venezuela, along with a representative from Uruguay, gathered in Buenos Aires and signed the founding charter of the Banco del Sur, or the Bank of the South.

With the creation of the Banco del Sur, the current progressive leaders from Latin America have taken another step at institutional independence from the economic colonialism that had survived the era of overt colonialism. As the U.S. loses more of its ill-gotten profit from Latin America, what impact will that have on the U.S. economy?