Chile: Latin America’s model economy Two hundred nine years today, a government junta was organized to rule Chile following the disposition of King Ferdinand VII of Spain. It was the first substantive step in Chile’s long struggle to become a self governing republic. The junta’s birthdate is now celebrated as Chile’s national day. Filipinos know little about this Latin America nation despite having so much in common, not the least of which is a shared colonial master and shared religious persuasions. Unbeknownst to many, Chile is the most stable and prosperous nation in Latin America, one that leads in numerous economic indices. The Chilean people enjoy an average income of $16,078 per year, four times that of the Philippines. It is the 33rd most competitive economy in the world and the most competitive in Latin America. Credit rating agencies such as Fitch, Moody’s and Standard and Poor’s classify Chile’s … [Read more...] about Chile: Latin America’s model economy
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Sport Barcelona and Argentina striker Lionel Messi dethroned five-division boxing world champion Floyd Mayweather as the highest paid athlete over the past year, according to the annual list published by business magazine Forbes on Tuesday. 12 Jun 2019 06:15AM Bookmark REUTERS: Barcelona and Argentina striker Lionel Messi dethroned five-division boxing world champion Floyd Mayweather as the highest paid athlete over the past year, according to the annual list published by business magazine Forbes on Tuesday.Messi, who scored 36 goals while leading Barcelona to the La Liga title this year, earned US$127 million (£100 million) between his salary and endorsements to move up one spot on the list of the world's 100 highest-paid athletes.Juventus forward Cristiano Ronaldo (US$109 million), Paris Saint-Germain forward Neymar (US$105 million), Mexican boxer Canelo Alvarez (US$94 million) and Swiss tennis great Roger Federer (US$93.4 million) rounded out the top five.Mayweather, … [Read more...] about Messi unseats Mayweather as highest-paid athlete
By David Olive Business Columnist Sun., May 5, 2019 It appears the Trump administration isn’t all that interested in a deal to replace the North American Free Trade Agreement (NAFTA) after all. Last week, White House acting chief of staff Mick Mulvaney was sanguine about the prospect of Congress rejecting NAFTA’s proposed replacement, the United States-Mexico-Canada Agreement (USMCA). “You could stay status quo,” Mulvaney told a California business conference. “Your real Plan Bs are either NAFTA or withdraw from NAFTA.” It might be that U.S. President Donald Trump has reverted to his years-long preference to simply kill NAFTA without replacing it. Trump won’t budge on the reasonable changes that Congressional Democrats seek to make to the USMCA agreement. He also seems determined to keep in place the steel and aluminum tariffs he applied against Canada and Mexico about a year ago. And that alone pretty much … [Read more...] about Time to say goodbye to NAFTA’s replacement?
By Kieran Leavitt Star Edmonton Brennan Doherty Star Calgary Mon., April 29, 2019 CALGARY—Kevin Gagnon didn’t just vote for the United Conservatives in the Alberta election, he also cast his ballot to protest a pervasive attitude he sees in federal government leaders. It goes something like this: “I don’t care about those rich, spoiled, entitled Albertans.” Gagnon, who lives in Grande Prairie, is one of many angry people who ticked a box next to one of 63 UCP MLAs who will cement a majority government when they are sworn in on Tuesday. As operations manager of AVA Energy Inc., a trucking company working in the oilsands, Gagnon has watched his life and finances deteriorate significantly since business started drying up in 2015. He feels ignored by the federal Liberal government, which UCP Leader Jason Kenney spent a lot of time deriding in his successful campaign to become premier of Alberta. “I had a home … [Read more...] about Anger helped propel Jason Kenney to power. Now UCP voters expect him to act fast