The accounting adjustment to remove five zeros from Venezuela's currency is part of President Nicolás Maduro's "economic expansion and recovery" plan.
How did we get here? Why does it appear that we’re on the brink of a war in Asia, one that could involve nuclear weapons? North Korea has had nuclear-weapons capacity for at least 10 years now. Have its recent advances been so dramatic and significant to force the United States to wage a preventive war? No. The crisis we now find ourselves in has been exaggerated and mishandled by the Trump administration to a degree that is deeply worrying and dangerous.
The Venezuelan crisis is not a myth. Just take a look at the numbers of Venezuelans seeking asylum throughout the world to understand that it is easier to abandon everything than to succumb to the Bolivarian Revolution.
At a key moment for the Republicans, in their fight against Obamacare, the party has finally made public its health project that would replace the previous Administration program.
Theresa May called for this snap general elections three months earlier, hoping to assert her mandate before her government begun negotiations over withdrawing from the European Union. It turned to be a bad idea.
Both corporations will stop operating in the Latin American country, undergoing a political and social crisis without precedents.
While U.S. President Donald Trump and South Africa President Jacob Zuma are not strictly two peas in a pod, both heads of state share some astounding similarities beyond both having achieved the age of 70.
Navigating the cultural divide in a country once off limits for American visitors can be tricky, but with travel restrictions lowered thanks to President Obama's changes and a bit of preparation Americans can now enjoy the capital city's wide variety of cultural delights like a native.
Globalization has gotten a bad rap. The Trump White House associates it with all manner of economic evil, especially job loss. The administration has made undoing the damage a central part of its economic strategy. This will almost certainly fail and disappoint, because globalization’s ill-effects have been wildly exaggerated.
The ransomware WannaCry, which requests a payment in the Bitcoin digital currency to regain access to computers, has hit computers of the National Health Service in the UK, large companies in France and Spain, the largest rail network in Germany, government offices in Russia and universities in China and Taiwan, amongst others.
There are so many unusual, unprecedented aspects of Donald Trump’s first 100 days in office that it’s hard to know where to begin.
General Motors became the latest in a wave of international companies that have shut their doors voluntarily or under duress.
Sí, eso es lo que retórica recalentada de Washington sobre Corea del Norte –a la que el país asiático responde en tonos igualmente belicosos – es en realidad: una sucia guerra de palabras. Pero puede estar seguro de que no están a punto de intercambiarse balas, cohetes, la madre de todas las bombas y mucho menos armas atómicas. Lo cual, por supuesto, es muy bueno.
Yes, that’s what the heated rhetoric coming from Washington about North Korea –and being responded to in no less bellicose tones by the Asian country – is: a nasty war of words. Rest assured that no bullets, no rockets, no mother of all bombs, not to mention atomic weapons are about to be fired, dropped or exchanged. Which, of course, is great.
President Donald Trump said Wednesday that US-Russia relations could be at their lowest point ever, adding that only time will tell how his dialogue with his Russian counterpart, Vladimir Putin, unfolds.
Sí, ya lo sé, no es de buena educación recordarle a alguien “Te lo dije”. Pero desde la elección de Lenín Moreno como presidente de Ecuador esta semana, no me puedo controlar: Se los dije, los ecuatorianos no son tontos.
Yes, I know, telling someone “I told you so” is not the best of manners. But after Lenín Moreno was elected president of Ecuador this week, I cannot help myself: I told you so, Ecuadorans are not fools.
US President also said that China was a "world champion" in terms of currency manipulation and trade. On Thursday and Friday, Trump will hold his first meeting with President Xi Jinping, whom he will welcome to his Mar-a-Lago country club.
We do not yet have the official agenda for next month’s meeting at Mar-a-Lago between Donald Trump and Chinese President Xi Jinping. But after 75 years of American leadership on the world stage, we might be watching the beginning of a handover of power from the United States to China.
Let’s say you are a Trump voter, the kind we often hear about -- an honest, hardworking American who put up with Donald Trump’s unusual behavior because you wanted a president who would stop playing Washington’s political games, bring a businessman’s obsession with action and results, and focus on the economy. How is that working out for you?
If culture can be used as a currency to understand and serve a community, it can also be a trap, if the culture is painted with too broad a brush. We think we “know” the so-called Hispanic community -- generalizing to certain tropes about language, love of family, deference to authority figures, etc. -- and we rarely stop to question whether our initial assessments still hold true.
The U.S. Department of Treasury announced Wednesday afternoon that Harriet Tubman will replace former President Andrew Jackson on the $20 bill.
It's Money Smart Week in Chicago, that annual event sponsored by the Federal Reserve Bank of Chicago, and -- if nothing else -- the city is accented with portraits of a robust Benjamin Franklin winking knowingly from the center of a $100 bill.