Headwinds strengthen for Latin America
High commodity prices might not be enough to shield Latin American economies from the fallout from global market upheaval
Hungarian Prime Minister Viktor Orban said the US is one of his party’s top three adversaries according to a CIA assessment included in a trove of US documents leaked recently. The designation—and nature of the intelligence collection itself—highlights the widening rift between NATO allies Washington and Budapest, the WSJ’s Thomas Grove reports.
This week, Hungarian Foreign Minister Péter Szijjártó became one of the only officials from an EU country to meet with Russian officials as he sought to secure a new energy deal with Moscow. Dependence on Russian oil and a distrust of the West have led Hungary’s leaders to lobby heavily for weaker sanctions in repeated rounds of EU measures against Russia.
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