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It has only recently become clear to analysts in the United States that Russia is playing a big role in Latin America to destabilize Washington’s alliance system and threaten US interests. Despite the costs involved in sustaining Cuba, Venezuela and Nicaragua, Russia’s three main “proxies” in Latin America, President Vladimir Putin—like his Soviet predecessors—seems willing to bear those expenditures. The benefits to Moscow come in other forms. For instance, while Moscow has stepped away from pressing Caracas…

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