Economic Growth

Unemployment in Venezuela Almost as Close to That of War-Ruined Bosnia, IMF

Unemployment in Venezuela Almost as Close to That of War-Ruined Bosnia, IMF

Venezuela’s unemployment rate is soaring to levels unseen in the world since the Bosnian war came to an end more than two decades ago, according to the International Monetary Fund.

Bill Gates Says Taxing Capital Gains Is the Best Way to Tap ‘Big Fortunes’

Bill Gates Says Taxing Capital Gains Is the Best Way to Tap ‘Big Fortunes’

Bill Gates is concerned about the high budget deficits being run by the U.S., and said if taxes are ultimately increased to make up the shortfall, then it’s appropriate for wealthy people to pay much higher taxes.

Trade Deals & Latin America

Trade Deals & Latin America

Chile, Mexico and Peru in March became members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The agreement reduces tariffs between 11 countries, including Japan and Canada, which amount to 13% of the global economy.

Trump's Trade And Immigration Policies Could Wipe Out Tax Cut Benefits

Trump's Trade And Immigration Policies Could Wipe Out Tax Cut Benefits

President Trump and his allies in Congress promised that the Tax Cuts and Jobs Act (TCJA) would supercharge the US economy, […]. But the negative economic effects of Trump’s highly restrictive trade and immigration policies threaten to overwhelm any benefit of the tax cuts.