Economy

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The Other Wall: Giant Wage Gap between US and Mexico explains Migration Flows

 02/01/2017 - 03:49

The giant wage gap is the main reason for the incoming migration flows from Mexico to the US. Although trade and foreign investment has multiplied, this gap has hardly diminished since the entry of the free trade agreement, reports El País.

Wednesday, February 1, 2017 - 3:27am

[OP-ED]: La peligrosa obsesión de Trump con el comercio

 01/31/2017 - 14:49
El presidente de EEUU, Donald Trump (c), se reúne con los representantes de la compañía Investigadores y Productores Farmacéuticos de América (PhRMA) hoy en la Casa Blanca en Washington, DC. Trump señaló hoy que los precios de los medicamentos son "astronómicos" y prometió rebajarlos a través de acelerar el proceso de aprobación de nuevos fármacos, durante su encuentro con representantes del sector farmacéutico en la Casa Blanca.

Contrariamente a la opinión popular, el comercio no es una causa importante en la pérdida de puestos de trabajo. Es cierto que las fabricaciones norteamericanas sufrieron una erosión drástica de puestos en el largo plazo, pasando de representar aproximadamente un tercio de los puestos no agrícolas en 1950 a un cuarto, a principios de los 70, y un 9 por ciento en la actualidad, según el economista Bradford DeLong, de la Universidad de California en Berkeley, en un ensayo publicado en Vox. Pero la causa fundamental es la automatización.

Tuesday, January 31, 2017 - 2:45pm
Plain Text Author: 
Robert J. Samuelson

Mind the Gap.Trump Infrastructure Projects list includes Philly bridges

 01/26/2017 - 05:13

Donald Trump's visit to Philadelphia today is expected to spark protests and demonstrations around the city.

One good reason is that the President signed an executive order on Wednesday to strip federal funds from sanctuary cities like Philadelphia. As far as our city maintains its status as a "4th Amendment" or sanctuary city,-in order to protect illegal immigrants-  the executive order will prevent it from getting access to any federal grants, blocked by the Department of Homeland Security.

Thursday, January 26, 2017 - 4:50am

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US Republican presidential candidate Donald Trump (R) speaks during a press conference with President of Mexico Enrique Pena Nieto (L) in Los Pinos, Mexico City, Mexico, 31 August 2016. EPA/JORGE NUNEZ

The President of the United States Wednesday agreed with his Mexican counterpart and Canadian Prime Minister to immediately begin renegotiations on the North American Free Trade Agreement and not terminate it.