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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.

Mexicans Protest Against NAFTA talks, as Their Government Fights to Save It

 08/17/2017 - 06:11
Civil organizations demonstrate to protest the start of NAFTA renegotiations, in the streets of Mexico City, Mexico, 16 August 2017. EPA/Jose Mendez

While Mexican government negotiators fight to save the North American Free Trade Agreement during talks in Washington, thousands of members of social and trade unions on Wednesday protested in Mexico City against the deal, claiming it marginalizes local farmers and hurts the country.

Plain Text Author: 
Andrea Rodés/ 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

Open Your Eyes: A South Philly Gallery Celebrates Latin American Art for Nearly 50 Years

 08/04/2017 - 15:53
One of the many multihued and adorned walls of Eye's Gallery. Photographed by Mónica Marie Zorrilla. 

If the cliché rings true and the eyes really are the window to the soul, then "Eye's Gallery" on 402 South Street has been the enchanting window to Latin American, Moroccan, and Indian folklore since 1968. The love child of Julia and her husband, the renowned "Magic Gardens" creator Isaiah, the gallery's origins are wondrous like its contents. 

[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

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.