The corruption scandal rocking oil giant Petrobras has far-reaching consequences for Brazil’s economy, says Eurasia Group’s director for Latin America, João Augusto de Castro Neves.

The opening of U.S. diplomatic ties with Cuba will bring real change to the island and raise Washington’s stature in the region, says CFR’s Julia Sweig.

The argument for sustained U.S. diplomatic engagement with Havana has never been more compelling, says CFR’s Julia Sweig.

The myth about how the United States won the Cuban missile crisis made it more difficult for presidents to do what common sense dictated, says CFR president emeritus Les Gelb.

Under President Raul Castro, Cuba has begun economic and political reforms while bolstering ties with Brazil and the Vatican. But Washington has failed to seize on opportunities for expanding relatio…