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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.

OP-ED]: Trump is hurting America’s friends abroad

 05/10/2017 - 09:26
t is now quite possible -- in fact, likely -- that the next president of Mexico will be an anti-American socialist-populist similar to Venezuela’s Hugo Chavez. Andres Manuel Lopez Obrador was polling around 10 percent at the start of 2015. He is now around 30 percent, the front-runner among the potential candidates for next year’s election. File

There has been much focus on Donald Trump’s erratic foreign policy -- the outlandish positions, the many flip-flops, the mistakes. But far more damaging in the long run might be what some have termed the Trump effect -- the impact of Trump on the domestic politics of other countries. That effect appears to be powerful, negative and enduring. It could undermine decades of American foreign policy successes.

Plain Text Author: 
Fareed Zakaria

[OP-ED]: The TPP lives -- maybe!

 02/16/2017 - 10:32
The US trade deficit of goods and services rose by 0.4% in 2016 to 502.3 billion dollars, which is the highest figure since 2012. The figure corresponds to the last year of government of the former president Barack Obama, who had promised to double the number of US exports by the end of his term in 2010, which has proven to be unfeasible.

Among President Donald Trump’s first acts was an order withdrawing from the TPP. This fulfilled Trump’s campaign promise to torpedo the high-profile agreement between the United States and 11 other Pacific Rim countries, led by Japan and Mexico. As important, it symbolized Trump’s conviction that ineptly negotiated trade agreements are at the core of America’s economy’s problems.

Plain Text Author: 
Robert J. Samuelson

[OP-ED]: As the circus leaves town for good, may the increased respect for animals endure

 01/19/2017 - 07:29
An elephant from the Ringling Brothers and Barnum & Bailey Circus eats hay during the Behind-the-Scenes Experience, as part of the introduction of their Circus XTREME show at the American Airlines Arena in Miami, Florida, USA, 13 January 2016 (reissued 15 January 2017). According to a statement by Ringling Brothers and Barnum & Bailey Circus on 15 January 2017, the circus will end what it calls 'The Greatest Show on Earth' after 146 years. EFE

I will never get to take my grandchildren to the circus.

For that matter, I’ll never again get to take my parents -- who adore going with their own grandchildren to the circus for the cotton candy, popcorn, acrobats and animals -- now that Feld Entertainment has announced that, after 146 years, Ringling Bros. and Barnum & Bailey will close in May after a few final performances.

Plain Text Author: 
Esther Cepeda

Tenor mexicano en Filadelfia, inspirado por Infante y Negrete

 08/10/2017 - 16:38
Abraham Breton

Abraham Breton es un mexicano que acaba de llegar a la ciudad. Su voz de tenor le ayudó a ganarse una beca de cuatro años en la Academina de Artes Vocales de Filadelfia, el único conservatorio acreditado del país adonde solo los más talentosos de Estados Unidos y el mundo llegan a prepararse para convertirse en cantantes de ópera.