Since forever, Latin America has been in a perpetual state of political turmoil and social unrest. The consequences of this are multiple.
“What I propose is to make universal what today belongs to a privileged minority. Let’s empower our people, by giving them not only the access but also the necessary tools to join the globalized world and, therefore, the process of economic development.”
Biden’s stimulus program could compromise the monetary stability of the United States.
Since Chile became a democracy in 1989, this South American country has been the most successful economy in its region, by far. A region constantly overwhelmed by social unrest, political turmoil, and staggering levels of income inequality and extreme poverty.
Pope Francis has manifested on numerous occasions his anti-capitalist vision of the world. In his latest encyclical, entitled Fratelli Tutti, Francis argues that the COVID-19 crisis exposed inherent problems of the free market system.
Since 2013, the Venezuelan economy has been in free fall. In just seven years, the country’s gross domestic product has lost nearly 70 percent of its value. This economic collapse represents the largest in the modern history of the western hemisphere.
Deforestation spikes in the Brazilian rainforest during the pandemic.
In May, the National Bureau of Statistics (NBS) published its Nigerian Capital Importation first-quarter Report, which revealed that Nigeria received $5.85 billion capital inflows in the first quarter (Q1) of 2020.
According to the NBS, the $5.85 billion represents over fifty percent increase when compared to what Nigeria received in the fourth quarter of 2019. However, when compared to the corresponding first quarter period of 2019, the investment flow into Nigeria shows a 31.19% decline.
First of all I would like to remember some historical lines about Georgia. My country is located in Caucasus, neighboring Russia, Turkey, Armenia and Azerbaijan. It is true that this region was historically one of the key points of Silk Road and nowadays it is loosing the opportunity to be a hub between Asia and Europe again.
It took us 75 years to rebuild freedom in some parts of Europe after the totalitarian horrors of World War Two, and less than three weeks to bring it to its knees again.