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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)

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EFE

[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.