Advertisement

administration

[OP-ED]: The curse of middle-aged capitalism -- for Trump and all of us

 08/21/2017 - 13:57
In 1995, the largest five firms by market “capitalization” (the value of a company’s shares) were old-line businesses: Exxon, AT&T, Coca Cola, General Electric and Merck. By 2015, only Exxon (now Exxon Mobil) remained.

 A persisting puzzle about the U.S. economy is how it can seem both strong and weak. On the one hand, it remains a citadel of innovation, producing new companies like Uber. On the other, the economy is expanding at a snail’s pace of 2 percent annually since 2010. How could both be true? Why isn’t innovation translating into faster growth? The answer -- or part of the answer -- is that American businesses are running on two separate tracks. Call them the “youthful” and “middle-aged” tracks.

Sessions calls for punishing, not protecting, criminals in sanctuary cities

 08/17/2017 - 05:09
A group of people protest against the immigration policies of President Donald Trump during the visit of Attorney General Jeff Sessions to Miami on Aug. 16, 2017. Sessions urged the local authorities to follow the example set by Miami-Dade County of "punishing, not protecting" criminals during a speech in which he criticized Chicago's policies. EFE/Giorgio Viera

In Miami, Sessions lambasted so-called "sanctuary cities" - municipalities and other local entities that refuse to cooperate with voluntary immigration programs and including Chicago and San Francisco - and he blamed them for crimes committed by undocumented immigrants.

Plain Text Author: 
EFE

37 die in clash between inmates, police at Venezuelan prison

 08/17/2017 - 04:56
Venezuelan authorities guard the Jose Gregorio Hernandez Hospital after an interior ministry team tried to take the prison by force that in Puerto Ayacucho, Venezuela, 16 August 2017. EPA/Pedro Zapata

 As part of an effort to curb prison violence, the leftist government has imposed a militarized administration in roughly half of Venezuela's penal institutions. US Vice President Mike Pence said Monday in Cartagena, Colombia, that Venezuela is a failed state that threatens the security and prosperity of the entire hemisphere.

Plain Text Author: 
EFE