production

Mexico, Sweet Mexico

 07/19/2017 - 03:11
Mexican candies, as seen in this photo of July 12, 2017, are not only a regional and national gastronomic tradition, since their mestizo heritage from the days of the Spanish Conquest also makes them a part of history. EFE/Mario Guzman

A wide variety of regional products make up Mexico's traditional confectionary, with the use of different fruits marking the state identity of each candy.

Wednesday, July 19, 2017 - 3:07am
Plain Text Author: 
EFE

[OP-ED]: Why robots won’t steal all our jobs

 07/14/2017 - 08:43
En un mundo ideal, los robots realizarían la mayoría de los trabajos repetitivos y monótonos, mientras que la fuerza de trabajo mejor educada y mejor paga se concentraría en trabajos que no pueden ser realizados por máquinas. Archivo

Don’t worry, the robots won’t destroy all our jobs. History suggests just the opposite -- that new technologies inspire new jobs. So concludes a study from leading labor economists. It’s a useful antidote to widespread fears that robots and “artificial intelligence” will displace millions of workers and lead to permanently high joblessness.

Friday, July 14, 2017 - 8:30am

[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.

Friday, June 30, 2017 - 8:15am

US-India: Trump and Modi pledge cooperation, avoid tensions on immigration

 06/27/2017 - 06:57
US President Donald J. Trump (R), with Indian Prime Minister Narendra Modi (L), delivers remarks during a ceremony in the Rose Garden of the White House in Washington, DC, USA, 26 June 2017. EPA/SHAWN THEW

In their first official meeting, the President of the United States and the Indian Prime Minister talked about trade and defense cooperation, terrorism, but avoided immigration and climate change, issues in which both leaders differ. India is the country most affected by Trump's decision to tighten controls on granting the H-1B visa, which benefits foreign workers.

 

Tuesday, June 27, 2017 - 6:45am
Plain Text Author: 
EFE

[OP-ED]: America’s postindustrial blues

 06/22/2017 - 09:43
Says Richard Reeves of the Brookings Institution in his new book “Dream Hoarders.” We should not be surprised that 58 percent of whites and 67 percent of whites without a college degree voted for Trump.

Ever since Donald Trump’s election, a cottage industry of politicians, journalists, scholars and commentators has sought to understand what motivates Trump supporters. Theories have ranged from globalization to a rebellion against Washington elitism to racism. But the true cause may have been overlooked: the “postindustrial society.”

Thursday, June 22, 2017 - 9:30am

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