Products

[OP-ED]: Trump’s NAFTA delusion

 06/16/2017 - 08:41
El presidente mexicano, Enrique Peña Nieto agradeció la visita de la canciller alemana, Angela Merkel, en un "momento crucial" y destacó la visión compartida de ambos países en democracia, libre comercio, medio ambiente y derechos humanos. EFE
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The Trump administration is determined to renegotiate the North American Free Trade Agreement (NAFTA) -- which created a single market from Mexico’s southern border to the Yukon -- but the main political appeal of this policy rests on a popular myth: that “fair” trade requires the United States to have a surplus or balanced trade with both Mexico and Canada.

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Friday, June 16, 2017 - 8:15am
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Mexican President Enrique Peña Nieto thanked the visit of German Chancellor Angela Merkel at a "crucial moment" and highlighted the shared vision of both countries in democracy, free trade, environment and human rights. EFE

PA’s REAL ID: 2019 and Beyond

 06/14/2017 - 11:51
Photo courtesy Wikimedia and Creative Commons.
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The REAL ID Act is coming to Pennsylvania in 2019, what does that mean?

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Wednesday, June 14, 2017 - 11:30am
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Photo courtesy Wikimedia and Creative Commons.

Marcelo Claure, a Latino Voice at the EMerge Americas forum

 06/13/2017 - 04:41
Sprint CEO Marcelo Claure, speaks during the first day of the Technological Forum Americas Emerge 2017 at the Conventions Center of Miami Beach, Florida, United States, June 12, 2017. EFE/Giorgio Viera

 Bolivian Marcelo Claure, founder of Brightstar Corp and CEO of Sprint Corporation, is one of the main speakers at the fourth edition of this leading innovation and technology forum in Miami, which opened yesterday with a presentation by Apple co-founder Steve Wozniak.

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Tuesday, June 13, 2017 - 4:30am
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EFE
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Sprint CEO Marcelo Claure, speaks during the first day of the Technological Forum Americas Emerge 2017 at the Conventions Center of Miami Beach, Florida, United States, June 12, 2017. EFE/Giorgio Viera

Mexico, Guatemala to facilitate cross-border migrant movement

 06/07/2017 - 02:50
Mexican President Enrique Peña Nieto (L), and his Guatemalan counterpart Jimmy Morales (R), during a ceremony at the National Palace of Culture, in Guatemala City, Guatemala on Jun. 6, 2017. EFE/Esteban Biba
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Presidents of both countries, which share a land frontier of more than 595 miles, agreed to continue working to modernize infrastructure in the border zone to facilitate the safe and humane passage of migrants, as well as cross-border trade.

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Wednesday, June 7, 2017 - 2:45am
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EFE
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Mexican President Enrique Peña Nieto (L), and his Guatemalan counterpart Jimmy Morales (R), during a ceremony at the National Palace of Culture, in Guatemala City, Guatemala on Jun. 6, 2017. EFE/Esteban Biba

Are you a Fintech entrepeneur in Latin America? Visa wants to help you

 06/07/2017 - 02:38
The Salvadoran Ruben Salazar, senior vice president of products, solutions and innovation for Visa in Latin America and the Caribbean, during am interview with EFE, in Miami, United States on Jun. 6, 2017. EFE/ANA MENGOTTI
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Global investment in Fintechs amounts to more than $23 billion, but only $600 million have gone to to Latin America.Visa hopes that its "Everywhere Initiative" serves as a stimulus for creating emerging companies in the Latin American financial technology sector.

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Wednesday, June 7, 2017 - 2:15am
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EFE
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The Salvadoran Ruben Salazar, senior vice president of products, solutions and innovation for Visa in Latin America and the Caribbean, during am interview with EFE, in Miami, United States on Jun. 6, 2017. EFE/ANA MENGOTTI

Putin: "We Are Ready to Talk with Trump"

 06/02/2017 - 02:41
Russian President Vladimir Putin speaks during a meeting with heads of international news agencies on the sidelines of the St. Petersburg International Economic Forum at the Konstantinovsky Palace in Strelna, outside St. Petersburg, Russia, 01 June 2017. EPA/ALEXEI DRUZHININ / SPUTNIK / KREMLIN / POOL

This week, Vladmir Putin, President of Russia, gave an interview with a pool of international journalists, in which he said that the policy of sanctions towards Cuba only worked to punish the Cubans, and that Obama was on the right path.

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Friday, June 2, 2017 - 2:30am
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EFE
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Russian President Vladimir Putin speaks during a meeting with heads of international news agencies on the sidelines of the St. Petersburg International Economic Forum at the Konstantinovsky Palace in Strelna, outside St. Petersburg, Russia, 01 June 2017. EPA/ALEXEI DRUZHININ / SPUTNIK / KREMLIN / POOL

Goldman Sachs “Hunger Bonds” is the fuel that the regime of Nicolás Maduro needed in Venezuela

 06/01/2017 - 12:42
A person holds a poster that read “Goldman Sachs sucks”, during a demonstration against US investment firm Goldman Sachs in rejection of the alleged purchase of $ 2.8 billion in bonds from the Central Bank of Venezuela in New York, United States on May 30, 2017. EFE/Andrew Gombert

According to a Wall Street Journal report, the US investment bank, Goldman Sachs, last week made a purchase of bonds issued in 2014 by the Petroleos de Venezuela Company, worth $ 2.8 billion.

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Thursday, June 1, 2017 - 12:15pm
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A person holds a poster that read “Goldman Sachs sucks”, during a demonstration against US investment firm Goldman Sachs in rejection of the alleged purchase of $ 2.8 billion in bonds from the Central Bank of Venezuela in New York, United States on May 30, 2017. EFE/Andrew Gombert

How to transform Miami into a "tech hub" connecting US and Latin America.

 05/30/2017 - 03:49
eMerge Americas executive director Xavier Gonzalez, during an interview with EFE in Miami, United States on May 23, 2017. EFE/Pablo Ramon

The fourth edition of eMerge Americas will be held in Miami Beach starting on June 12 and will feature speakers such as Apple co-founder Steve Wozniak. The forum is aiming to make Miami the meeting place for Latin American entrepreneurs and US investors.

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Tuesday, May 30, 2017 - 3:45am
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EFE
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eMerge Americas executive director Xavier Gonzalez, during an interview with EFE in Miami, United States on May 23, 2017. EFE/Pablo Ramon

[OP-ED]: Globalization’s false sins

 05/17/2017 - 08:26
Las importaciones a menudo son más baratas que los productos norteamericanos, ayudan especialmente a las familias de bajos ingresos, cuyos presupuestos constan de más productos manufacturados, donde el descenso de los precios fue agudo.
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Globalization has gotten a bad rap. The Trump White House associates it with all manner of economic evil, especially job loss. The administration has made undoing the damage a central part of its economic strategy. This will almost certainly fail and disappoint, because globalization’s ill-effects have been wildly exaggerated.

Posted Date: 
Wednesday, May 17, 2017 - 8:00am
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Robert J. Samuelson
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Imports are often cheaper than U.S. products. Think clothes, shoes, consumer electronics. Trade especially aids lower-income households whose budgets are weighted toward manufactured products, where price declines have been steep.

[OP-ED]: Will robots dis-employ us all?

 05/11/2017 - 10:11
The robots won’t steal all our jobs, because their efficiencies will create more purchasing power for other spending or new products that require human involvement and oversight. For proof, consider smartphones. In 2012, they had created nearly 500,000 jobs for “mobile apps,” up from zero in 2007.
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 We have yet another study that debunks the widespread notion that robots -- and other forms of automation, including “artificial intelligence” -- will destroy our jobs and lead to a future of permanently high unemployment. According to the study, that would completely rewrite history, which has shown job creation to be an enduring strength of the U.S. economy.

Posted Date: 
Thursday, May 11, 2017 - 10:00am
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Robert J. Samuelson
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The robots won’t steal all our jobs, because their efficiencies will create more purchasing power for other spending or new products that require human involvement and oversight. For proof, consider smartphones. In 2012, they had created nearly 500,000 jobs for “mobile apps,” up from zero in 2007.