Will a probable Obama presidency herald the birth of an Obama doctrine replacing the Monroe doctrine - in terms of a new, more equitable relationship between the US and Latin America?
Economist Mark Weisbrot is not so sure. He tells Pepe Escobar, Obama in his foreign policy will be mostly absorbed by the wars in Iraq and Afghanistan and by intractable Middle East problems.
Although the Obama camp seems to understand slightly better than the McCain camp some ground breaking transformations that took place in Latin America during the Bush years, Weisbrot argues they will have to be really creative to restore US credibility in the region. That means, among other things, a stop to the demonization of Venezuela and an understanding that Latin America is becoming more united than at any point in history.