LONDON – George W.Bush, the world now realizes, was born with a silver spoon in his mouth. World events, everything from the political composition of the U.S. Supreme Court, from terrorism to the American economy seem to have a preordained way of working in his electoral favour. Again it is happening with Latin America. By rights the chickens should be coming home to roost as Bush girds up for his end of week visit to Mexico, Peru and Central America but, in fact, Argentina apart, the tides, both political and economic, appear to be working in his favour. Just the other day the International Monetary Fund issued a report saying that Latin America was “set for recovery”, likely to benefit from lower financing costs, higher commodities and an expected rebound in the U.S. economy, with a projected growth by the end of the year of 4% (excluding Argentina). For the last...