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Bloomberg's Nathan Gill notes one consequence of Venezuela's economic issues: without money, Venezuela's plans for Latin American unity are not likely to be realized.

Before he died, Venezuela’s late president, Hugo Chavez, had a dream to unite Latin America and the Caribbean against the dark forces of the U.S. empire. It’s not working out like he planned.

As presidents and prime ministers from the regional group CELAC meet Wednesday in an attempt to knit closer ties, President Nicolas Maduro, Chavez’s hand-picked successor, finds himself fending off attacks from the nation’s former ally, Argentina.

“Why does a country have to put up with the whole onslaught of right-wing governments,” Maduro said Saturday after Argentina’s newly-elected president, Mauricio Macri, criticized his government’s human-rights record. “I’m going to the summit of Latin America and the Caribbean nations in Quito with everything. No one is going to shut me up.”

While it’s unlikely anyone will shut Maduro up, his feud with Macri highlights political divisions across the region, where governments from Brazil’s President Dilma Rousseff to Ecuador’s Rafael Correa are struggling to fend off allegations of corruption and economic mismanagement after a collapse in global commodity prices plunged their economies into recession. The bickering can only weaken CELAC, said Cynthia Arnson, director of the Latin America program at the Woodrow Wilson International Center for Scholars in Washington.

“Venezuela historically has wanted to push confrontation with the U.S. and within Latin America,” Arnson said Tuesday in a telephone interview. “If CELAC is going to be merely a forum for ideological confrontation, it will quickly lose relevance.”
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