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[OP-ED]: Postponing the next recession?

 06/30/2017 - 08:37
Economists from the Bank for International Settlements (BIS) in Basel, Switzerland -- a bank for government central banks -- find that the pass-through from wage increases to price increases has weakened. If this is confirmed and continues, it implies that inflation will remain tame for some time even if the economy continues to grow. EFE

This is not your father’s inflation -- and that’s good news. Business cycles often end when higher inflation causes a country’s central bank (the Federal Reserve in the United States) to raise interest rates, slowing the economy and, perhaps, triggering a recession. The good news: The next recession may be delayed, because the Phillips Curve has shifted.

US-Panama Relations: Varela and Trump Discuss Common Challenges Facing the Region

 06/20/2017 - 04:49
US President Donald J. Trump (R) and the President of Panama Juan Carlos Varela shake hands in the Oval Office of the White House in Washington, DC, USA, 19 June 2017. EPA/Molly Riley / POOL

Both leaders met in Washington and agreed to work for peace and democracy in Venezuela. With an agenda focusing on security, fighting drug trafficking and controlling illegal immigration, Varela is expected to meet today with Homeland Security Secretary John Kelly. 

Plain Text Author: 
EFE

Bricks and Mortar: Trump's $1T infrastructure plan to rebuild America

 06/08/2017 - 04:32
Trump has proposed a plan to make US once again a nation of builders. US President Donald J. Trump applauds in front of a US Marine while walking across the South Lawn after returning to the White House by Marine One, in Washington, DC, USA, 07 June 2017. Trump returns from Cincinnati, Ohio. EPA/MICHAEL REYNOLDS

President Donald Trump on Wednesday in Cincinnati presented his plan to improve the nation's infrastructure and once again make the country a nation of "builders," giving state and local authorities more freedom of action, fewer environmental regulations and more private support.

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EFE

[OP-ED]: Preparing for the next panic -- or not

 06/06/2017 - 17:15
The “American economy will need a coordinated response, particularly if the entire financial system suffers a panic or lack of liquidity.” Bankruptcy judges cannot provide this response. It is best left to the Treasury, Federal Reserve and FDIC.

When the next financial crisis hits -- an event that may be years or decades away -- we will learn whether this Congress and the president drew the right lessons from the 2008-09 financial crisis. Congress is arguing over whether government can avoid “bailouts” of large financial institutions and still prevent a full-blown crisis. With all of President Trump’s trials and tribulations, hardly anyone is paying attention.

[OP-ED]: How Saudi Arabia played Donald Trump

 05/30/2017 - 17:12
Leaked German intelligence reports show that charities “closely connected with government offices” of Saudi Arabia, Qatar and Kuwait are funding mosques, schools and imams to disseminate a fundamentalist, intolerant version of Islam throughout Germany. EFE

This week’s bombing in Manchester was another gruesome reminder that the threat from radical Islamic terrorism is ongoing. And President Trump’s journey to the Middle East illustrated yet again how the country central to the spread of this terrorism, Saudi Arabia, has managed to evade and deflect any responsibility for it. In fact, Trump has given Saudi Arabia a free pass and a free hand in the region.

Plain Text Author: 
Fareed Zakaria

[OP-ED]: Cómo Arabia Saudita jugó con Donald Trump

 05/30/2017 - 17:04
Los informes de servicios de inteligencia alemanes filtrados muestran que caridades “muy conectadas con las oficinas gubernamentales” de Arabia Saudita, Catar y Kuwait están fundando mezquitas, colegios e imanes para diseminar una versión fundamentalista e intolerante del islam por toda Alemania. 

El bombardeo ocurrido esta semana en Manchester fue otro horrible recuerdo de que la amenaza del terrorismo islam radical está en curso. Además, el viaje del presidente Trump al Oriente Medio ilustró una vez más cómo el país central de la extensión de este terrorismo, Arabia Saudita, ha conseguido evadirse y desviarse de cualquier responsabilidad por ello. De hecho, Trump ha dado a Arabia Saudita un pase libre y una mano libre en la región.

Plain Text Author: 
Fareed Zakaria

[OP-ED]: America’s internet delusion

 05/22/2017 - 08:51
If there are deficiencies with cybersecurity, we consider them separately. We embrace the “internet of things” without admitting that it’s also the “internet of hazards.”

The United States may have escaped most digital damage from the global “ransomware” virus, though cyber experts fear more attacks. One possible explanation is that the malicious software (”malware”) harms older versions of Microsoft’s Windows operating system, which most Americans have replaced. Perhaps many users in other countries haven’t. Whatever the explanation, this is not the end of internet threats.

Plain Text Author: 
Robert J. Samuelson

Orient Express: Trump travels to Israel to discuss peace process

 05/22/2017 - 05:49
The US Air Force One carrying US President Donald J. Trump and US First Lady Melania Trump approaches Ben Gurion Airport, in Lod outside Tel Aviv, Israel, May 22, 2017. EPA/JIM HOLLANDER

US President will tour Tel Aviv and Jerusalem today, after a weekend in Ryadh, prioritizing trade deals over human rights concerns. During his visit to Israel, Trump is expected to meet prime minister with Benjamin Netanyahu and later with Palestinian leader Mahmoud Abbas to discuss an eternal goal: an "ultimate peace deal."

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Latin America doubles students in higher education, but inequality persists

 05/18/2017 - 06:02
 Students during a public event in Mexico City, Mexico, on May 3, 2017. EFE/Jorge Nuñez

The increase in students, who currently number 20 million in the region, has benefited Latin America in terms of young people coming from lower and medium socioeconomic environments. But challenges persist, including the high dropout rate and the connections to the labor market, according to World Bank report.

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EFE

[OP-ED]: Puerto Rico no aguanta más

 05/04/2017 - 12:18
Un manifestante ondea una bandera quemada ,en San Juan, Puerto Rico, durante el paro general contra los recortes, que coincide con el Primero de Mayo, Día Internacional del Trabajador. EFE

Mensaje a todos esos que en Puerto Rico se rasgaron las vestiduras escandalizados, según ellos, por las piedras lanzadas --sabrá Dios por quién—durante la marcha del 1ro. de mayo en San Juan, y que son los mismos que trataron de restar importancia a las 200,000 personas que protestaron pacíficamente las extremas medidas de austeridad y la junta imperial de control fiscal que decide su futuro: ustedes, o vergonzosamente desconocen la realidad de su nación o han sido cómplices en su creación.

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[OP-ED]: Puerto Ricans Are Not Taking It Any More

 05/03/2017 - 10:11
A protester flies a flag burned May 1, 2017, in San Juan, Puerto Rico, during the general strike against the cuts, which coincides with May Day, International Labor Day. EFE

Message to all those self-righteous individuals in Puerto Rico who made a show of being scandalized by the stones thrown –God knows by whom—during the May 1st march in San Juan, while minimizing the 200,000 people who peacefully protested the extreme austerity measures and the imperial federal control board deciding their future: You must either ignore your nation’s reality or be complicit in its creation. In either case, shame on you.

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