Zap, Latin American fiction was at the forefront of postmodern experimental literature in the 60s and 70s, and as far as I understand, that's where magic realism came from, or at least became a phenomenon. Writers such as Carlos Fuentes, Julio Cortazar (I read some of his short stories, but wasn't sure you wanted stories), Jorge Luis Borges, etc etc, not to mention Brazilian writers like Jorge Amado that are not writing in Spanish but have also been highly influential. It is disgraceful how much international literature remains untranslated into English, considering how in reverse, other countries are so much more open-minded about reading works in translation.
Anyway, I just finished Big Brother by Lionel Shriver, a novel about an adult woman who intervenes to help her extremely obese brother lose weight. It was a compassionate (and not sentimental) book, very insightful and timely. It was very very sad, so I'd recommend it based on your tolerance for non-uplifting books, but I won't be forgetting it.
Still trying to make my way through Kazuo Ishiguro's The Unconsoled.
Does anyone like sophisticated graphic novels? (I know Girl X would, but she's not on here often.) I have read some really good ones like Persepolis by Marjane Satrapi (educated, middle-class Iranian girl growing up in Iran during the revolution), La Perdida by Jessica Abel (young expat American woman in Mexico gets caught up in all sorts of trouble), Maus by Art Spiegelman, of course (Holocaust theme)....