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American Chamber of Commerce celebrates 100 years in Mexico

 03/15/2017 - 04:55
English

Amcham Mexico's members account for nearly 70 percent of the foreign direct investment (FDI) and 30 percent of the jobs in the country, according to the business group's new president, Monica Flores.

Posted Date: 
Wednesday, March 15, 2017 - 4:45am
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EFE
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The new president of the American Chamber of Commerce in Mexico, Monica Flores, speaks during an interview in Mexico City, Mexico, 14 March 2017. EPA/Sashenka Gutierrez

[OP-ED]: Should the Fed run the economy ‘hot’?

 03/14/2017 - 17:44
The recovery, though encouraging, is certainly no economic panacea. Mounting inequality remains a big issue. From 2000 to 2016, the best-paid 5 percent of men achieved a 30 percent wage increase, according to Bureau of Labor Statistics data analyzed by Gould. For women, the comparable gain was 24 percent.

Toward the end of 1942, Winston Churchill, in announcing a rare victory over the German army, uttered one of his more memorable phrases: “This is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” The same might be said today of the American economic recovery. Progress, though real, is incomplete.

English
Posted Date: 
Tuesday, March 14, 2017 - 5:15pm
Main Section: 
Plain Text Author: 
Robert J. Samuelson
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The recovery, though encouraging, is certainly no economic panacea. Mounting inequality remains a big issue. From 2000 to 2016, the best-paid 5 percent of men achieved a 30 percent wage increase, according to Bureau of Labor Statistics data analyzed by Gould. For women, the comparable gain was 24 percent.

[OP-ED]: ¿Debería la Fed administrar una economía ‘caliente’?

 03/14/2017 - 17:35
La recuperación, aunque alentadora, sin duda no es una panacea económica. La creciente desigualdad sigue siendo un gran problema. De 2000 a 2016, el 5 por ciento mejor pagado de los hombres logró un aumento salarial del 30 por ciento, según los datos de la Oficina de Estadísticas Laborales analizados por Gould. Para las mujeres, el avance equivalente fue del 24 por ciento.
 

Hacia fines de 1942, Winston Churchill, al anunciar una inusitada victoria sobre el ejército alemán, pronunció una de sus frases más memorables: “Éste no es el final. Ni siquiera es el comienzo del final. Pero quizás sea el fin del comienzo.” Lo mismo podría decirse hoy sobre la recuperación económica norteamericana. El progreso, aunque real, es incompleto.

Spanish
Posted Date: 
Tuesday, March 14, 2017 - 5:15pm
Main Section: 
Plain Text Author: 
Robert J. Samuelson
Caption: 

La recuperación, aunque alentadora, sin duda no es una panacea económica. La creciente desigualdad sigue siendo un gran problema. De 2000 a 2016, el 5 por ciento mejor pagado de los hombres logró un aumento salarial del 30 por ciento, según los datos de la Oficina de Estadísticas Laborales analizados por Gould. Para las mujeres, el avance equivalente fue del 24 por ciento.

 

Is Jalisco the new Mexico's Silicon Valley?

 03/14/2017 - 04:16

Several Mexican Startups and Entrepeneurs are moving to the capital of Guadalajara amid fears of Trump's immigration policies, reported El País. 

English
Posted Date: 
Tuesday, March 14, 2017 - 4:00am
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Guadalajara Cathedral in Jalisco, Mexico. Photo by El Agora.

Cuba welcomes First Norwegian Cruise Line vessel from US

 03/09/2017 - 19:40
English

The cruise ship Marina, with the Florida-based Norwegian Cruise Line Holdings Ltd., arrived Thursday at the port of Havana with 1,250 passengers on its first trip to Cuba.

Posted Date: 
Friday, March 10, 2017 - 8:30am
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Plain Text Author: 
EFE
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The cruise ship Marina, with the Florida-based Norwegian Cruise Line Holdings Ltd., remains anchored in the bay of Havana, Cuba, Mar. 9, 2017. EFE/Alejandro Ernesto

Charles Koch Foundation gives $2.2M to Penn Law

 03/07/2017 - 14:22

Political donor and philanthropist Charles Koch has donated $2.2 million to the University of Pennsylvania Law School’s research and policy center created four years ago to promote long-term structural improvements to the U.S. criminal justice system.

English
Posted Date: 
Tuesday, March 7, 2017 - 2:02pm
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Penn Law School. Photo: Wikipedia

A Philly-based startup bets money from developers into environmental protection

 03/03/2017 - 07:17
English

The startup Magnolia Mitigation has done vital work to protect two separate endangered species in Pennsylvania, and has saved thousands of acres of wetland throughout the country, reported The Philadelphia Citizen.

Posted Date: 
Friday, March 3, 2017 - 6:56am
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Using mitigation methods, companies like Magnolia help reconstruct the habitat and wildlife of an endangered ecological area. Basically, they manage to get real estate developers invest in the reconstruction of a nearby wetland or other endangered ecological area. In the picture, the Delaware State Forest, Promised Land State Park encompasses two lakes at 3000 acres of forest and natural habitat. Photo: Wikipedia

[OP-ED]: What happens when you pay entrepreneurial teenagers $100,000 to not go to college?

 03/02/2017 - 15:06
Wall Street Journal reporter Alexandra Wolfe tells us how it all panned out for the first class of “Thiel Fellows” in her deliciously detailed book “Valley of the Gods: A Silicon Valley Story.”

In 2011, billionaire Peter Thiel made headlines when he announced that he would pay 20 teenagers $100,000 each to drop out or delay college and start businesses in biotechnology, finance, energy and education.

Thiel, the co-founder of PayPal, a venture capitalist and early investor in Facebook, wanted to underscore his belief that college costs too much, isn’t as intellectually rigorous as it once was, and leaves recent grads burdened with student loans that keep them from taking the entrepreneurial risks needed to spur the economy.

English
Posted Date: 
Thursday, March 2, 2017 - 2:46pm
Main Section: 
Plain Text Author: 
Esther Cepeda
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Wall Street Journal reporter Alexandra Wolfe tells us how it all panned out for the first class of “Thiel Fellows” in her deliciously detailed book “Valley of the Gods: A Silicon Valley Story.”

[OP-ED]: ¿Qué pasa cuando se les paga 100.000 dólares a adolescentes para que no vayan a la universidad?

 03/02/2017 - 15:02
La reportera del Wall Street Journal, Alexandra Wolfe, nos cuenta cómo resultó la experiencia de la primera clase de “Fellows de Thiel”, en un libro deliciosamente detallado titulado: “Valley of the Gods: A Silicon Valley Story”.

En 2001, el multimillonario Peter Thiel hizo noticia cuando anunció que pagaría 100.000 dólares a 20 adolescentes, si abandonaban sus estudios universitarios o los retrasaban para iniciar empresas de biotecnología, finanzas, energía y educación.

Thiel, co-fundador de PayPal, capitalista de riesgo e inversor temprano de Facebook, quería recalcar su creencia de que la universidad cuesta demasiado, no es intelectualmente rigurosa como lo era antes y deja a los graduados con la carga de préstamos universitarios que les impiden asumir los riesgos necesarios para activar la economía.

Spanish
Posted Date: 
Thursday, March 2, 2017 - 2:46pm
Main Section: 
Plain Text Author: 
Esther Cepeda
Caption: 

La reportera del Wall Street Journal, Alexandra Wolfe, nos cuenta cómo resultó la experiencia de la primera clase de “Fellows de Thiel”, en un libro deliciosamente detallado titulado: “Valley of the Gods: A Silicon Valley Story”.

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The director of social research and economics at the CAF-Development Bank of Latin American, Christian Daude, speaks during the 1st European Investment Forum held in Montevidedo, Uruguay on June 21, 2017. EFE/Federico Anfitti
EFE

The biggest challenges facing Latin America are "geopolitical uncertainty," "technological change" and the "displacement of the center of gravity toward Asia," experts at the 1st European Investment Forum in Uruguay said in Montevideo on Wednesday.