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[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.

Black Women from Latin America Get Ready to Face Challenges Ahead

 07/26/2017 - 06:31
Network of Afro-Latin American, Afro-Caribbean and Diaspora Women (RMAAD) Southern Cone coordinator Vicenta Camusso speaks during a press conference held on July 25, 2017, in Montevideo, Uruguay, to discuss the organization's 25th anniversary. EFE/Federico Anfitti

The main task ahead for Afro-descendants is to "make definitive progress to close the economic gap since, in Latin America and the Caribbean, poverty has a face and a color, according to the coordinator of the Network of Afro-Latin American, Afro-Caribbean and Diaspora Women (RMAAD)

Plain Text Author: 
EFE

[OP-ED]: Deficits forever?

 07/20/2017 - 12:15
The federal budget remains badly out of whack, even though we are near or at “full employment” (June unemployment rate: 4.4 percent). We cannot afford tax cuts; we need tax increases.

House Republicans, who are now deliberating the government’s 2018 budget, pledge to eliminate deficits within a decade. Well, good luck with that. It must be obvious that chronic deficits reflect a basic political impasse that can be broken only if majorities in Congress do things they’ve refused to do: trim Social Security benefits; raise taxes significantly; control health spending. There is a giant mismatch between what Americans want from government and what they’ll pay for with taxes.

[OP-ED]: Heroin Corridor Cleanup – Is City Hall Addicted to Exclusion?

 07/19/2017 - 10:54
The train-tracks in  the area between Kensington Av. and Fairhill is known as “El Campamento”. The City of Philadelphia and Conrail signed an agreement in June to clean and seal this place. The company’s deadline is schedule on to July 31st. File AL DÍA News

Disappointment is how Louis Cruz described his reaction to the closed door he encountered when he sought work for his company on the project City Hall and Conrail proudly announced recently to cleanup a section of railroad tracks in West Kensington where a filthy heroin abuse corridor has festered for nearly twenty years.

[OP-ED]: La limpieza del corredor de la heroína - ¿Tenemos una administración municipal adicta a la exclusión?

 07/19/2017 - 09:25
Los predios a lado y lado de la vía férrea, entre Kensington y Fairhill se convirtieron en “el campamento” de drogadictos más grande de la costa Este de EEUU. A medidados de junio la alcaldía y Conrail firmaron un acuerdo para limpiar el lugar. Conrail, la empresa propietaria del lugar, tiene plazo hasta el 31 de julio para sellarlo. Archivo AL DÍA News.

Desencantado. Así se sintió Luis Cruz al ver que su empresa no tendrá ninguna opción de ser contratada para realizar alguno de los trabajos vinculados al proyecto conuunto de la alcaldía y la empresa Conrail para limpiar un tramo de la vía férrea a su paso por West Kensignton, más conocido como el corredor de la heroína o “El Campamento” de Filadelfia. 

In Search of the Maya World: From Central America to Philadelphia

 06/27/2017 - 14:26
Gallery of archaeological pieces of Mayan culture exhibited at the Museum of Archeology and Anthropology of the University of Pennsylvania. Photo: Supplied UPEnn

One of the most intriguing mysteries of Latin American culture is what happened to the Maya civilization. How come after over 3,000 years of history, from about 2, 500 BC to 950 AD, most of the glorious Maya centers in Mesoamerica were abandoned? Before the arrival of the Europeans in the 1500’s magnificent cities like Tikal in Guatemala and Copán in Honduras had all but disappeared; left uninhabited, they were covered by thick jungle growth, hidden throughout the mountains and the lowlands. 

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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