Latin News

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,…
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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…
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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.…
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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…
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Labor market                

Labor market                

Foto Yahoo.com By Isaac Cohen* Error! Filename not specified.Now that the US central bank’s preferred indicator has revealed a decrease in inflation, the attention must turn toward the labor market. Last week, the Labor Department informed that in May the Personal Consumption Expenditures price index increased 2.6 percent from a…
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