Latin News

China stimulates 

China stimulates 

Foto Yahoo By Isaac Cohen*               The Chinese economy has been exhibiting deflationary pressures. at least since the contraction in the real estate sector which started in 2021, together with a consequent increase in household savings. In August, the consumer price index increased by a meager 0.6 percent, from a year…
Leer más...
New Report Unveils Progress and Persistent Disparities in U.S. Household Wealth Post-Pandemic

New Report Unveils Progress and Persistent Disparities in U.S. Household Wealth Post-Pandemic

Washington, D.C. – The Aspen Institute Financial Security Program (Aspen FSP) has released a new report, The New Wealth Agenda Progress Report, highlighting both progress and ongoing disparities in U.S. household wealth since the pandemic. The report emphasizes that while recent policy responses and economic conditions have driven significant gains, substantial disparities persist,…
Leer más...
Recalibrating 

Recalibrating 

Photo: UPI.com By Isaac Cohen* US central bank Chairman Jerome Powell described last week’s rebate in the federal funds interest rate, by more than expected, as “an appropriate recalibration” of the monetary policy stance, to maintain the “strength in the labor market.” With inflation approaching the central bank target of…
Leer más...
Oil prices          

Oil prices          

Photo natoassociation.ca By Isaac Cohen* A fall in oil prices is contributing to decrease inflation, adding justification to the expected rebate this week in interest rates by the US central bank. Last week, West Texas Intermediate oil prices fell below $70 per barrel, a 15 percent decrease since last July.…
Leer más...
Nicaragua Expels 135 Prisoners Jailed by Daniel Ortega’s Crackdown on Opposition

Nicaragua Expels 135 Prisoners Jailed by Daniel Ortega’s Crackdown on Opposition

Photo: courtesy of Democracy Now! Nicaragua’s government has freed 135 political and religious prisoners accused of supporting anti-government protests, following secret talks negotiated by the Biden administration. The prisoners were flown to Guatemala, where they’ll have an opportunity to apply for U.S. residency. Since 2018, Nicaraguan President Daniel Ortega has…
Leer más...