Latin News

By Yenny Delgado The Latin American community is not a single monolithic group; instead, it reflects the diversity of the continent’s colonization and is part of our past and present. Today in the United States, the Latin community demonstrates racial diversity and distinctive heritages. The native population is still strong…

Photo: Businessforecstblog.com By Isaac Cohen* To judge by the most recent stock market performance, until September, there was no pandemic and neither a recession had started.  Several factors were influencing such behavior, such as the central bank injecting enough liquidity into financial markets and four relief packages, approved by Congress…

President-elect of Bolivia Luis Arce. Photo: @LuchoXBolivia The ANSWER Coalition congratulates the people of Bolivia in their triumph over the fascist coup regime that seized power with the support of the U.S. government last year. The election of Luis Arce, presidential candidate of former president Evo Morales’ Movement Towards Socialism party,…

Department of Justice Building in Washington, D.C. Photo: Breitbart.com WASHINGTON - J&F Investimentos S.A. (J&F), a Brazil-based investment company that owns and controls companies involved in multiple industries, including the meat and agriculture industry, has agreed to pay a criminal monetary penalty of $256,497,026 to resolve the department’s investigation into…

Photo: Money.usnews.com By Isaac Cohen* The Director of the White House National Economic Council, Lawrence A. Kudlow said, last Sunday on CNN, the US economy is in a “V” shaped recovery. The next day, three blocks from the White House, the  International Monetary Fund released the World Economic Outlook, its…

Photo: courtesy Democracy Now! The Trump administration imposed sanctions Thursday on 18 major banks in Iran, effectively shutting off the Iranian financial sector from the global economy. The move drew alarm from European Union officials who say it will exacerbate shortages of food and medicine during the pandemic. Iranian Foreign…

Businesstraffic.com.ng By Isaac Cohen* The US Labor Department issued last week the last employment report before the November election, revealing a slowdown in hiring during the last three months. Therefore, the expectation of a “V” shaped recovery can be set aside. Instead, without support, the alternative scenario includes a long…

By Isaac Cohen* After one of the worst slumps in the first half of this year, due to the pandemic lockdown, the prices of commodities are indicating a reactivation in demand mostly for industrial metals. During this year’s first quarter, commodity producing economies contracted between one fourth and one third,…