Latin News

By Isaac Cohen* There must be satisfaction among those who were alarmed by the magnitude of the fiscal deficit, or the amount of red ink in US government accounts. After all, over the last five years, the government was spending every year over $1 trillion in excess of its revenue…

Other’s Fiancé Has Hearing Monday Congressmen’s Visits Buoy Spirits with Pledges of Support.    Washington, DC - With national attention building, hunger strikers are driving calls to immigration officials on behalf of their loved ones in detention during an eventful week related to their cases. Immigration officials gave Jaime Valdez, son…

Budget of Sanchez Ceren's Inauguration Ceremony is the most austere in the history of El Salvador. The cost of the official inauguration of the Government of president-elect Salvador Sanchez Ceren this coming June 1 has been reduced to $983,000, Roberto Lorenzana, new Secretary of Economic Affairs, said yesterday. At first…

By Isaac Cohen* The creation of 192,000 nonfarm new jobs in March was received with a sigh of relief, because the severe winter could be blamed for the weaker job numbers for January and February. Last March figure is consistent with the average of 183,000 monthly job creation of 2013.…

By Isaac Cohen* During the last five years, since the official end of the Great Recession, after a few months of vigorous growth, the US economy falls back into slow growth. This has become perhaps one of the main traits of the present slow economic recovery. For instance, during last…

The arrival of businessman Tharsis Solomon Lopez as incoming Minister of the Economy has generated great expectations among analysts and business people, because they see it as a sign of building good working relations between the new government and the private sector. The continuity of businessman Carlos Caceres as Finance…

This morning , President-elect Salvador Sanchez Ceren gave details of the people who will form his new cabinet. Finance Minister: Carlos Cáceres Foreign Relations Minister: Hugo Martinez Minister of Public Works: Gerson Martinez Environment Agency Minister: Lina Pohl Minister of Economy : Tarsis Salomón Lopez Minister of Tourism: Jose Napoleon…

By Isaac Cohen* The last meeting of the US central bank policy making committee, chaired by Janet Yellen for the first time, produced several changes in monetary policy guidance. No longer, for instance, the Federal Reserve will monitor exclusively the unemployment rate. The focus will widen to include labor market…

By Isaac Cohen* Oil prices remain stable at around $100 per barrel, despite severe cold weather in North America, the confrontation between Ukraine and Russia and political turmoil in Venezuela. The explanation can be found in three factors identified in the monthly report issued last week by the Paris based…

WASHINGTON, DC [CapitalWirePR] – In its 38 years of existence, the Greater Washington Hispanic Chamber of Commerce (GWHCC) has experienced the high demand for Hispanic small businesses to have access to resources and connections to start or grow a business. In response to this need, the Chamber created the Business…