International oil prices have experienced a steady downward trend since June. Two indicators are causing concern for Ecuador and could impact the National Treasury. The West Texas Intermediate, which is the crude marker for our country, has fallen at the start of September to $93 after having been more than $102 per [Read more]
The president of the United States has made a decision. He began the bombardment of the areas taken by force by the terrorist group Islamic State. The first attack was in Syrian territory and other military objectives were centered in Iraq. In both countries, the impact caused by the terrorist group — death, [Read more]
The President of the United States of America, Barack Obama, announced that the country might attack the armed terrorist forces of the self-titled Islamic State, even without the approval of Congress.
Thursday’s announcement, which was made by the president himself to the leaders of the House of Representatives [Read more]
Terrorism, pure and simple. A masked man with a British accent stood in front of a camera and decapitated Steven Sotloff, an independent journalist who worked with Time and Foreign Policy.
The news, which Washington has not officially confirmed, would be the second staging of an American journalist’s brutal murder [Read more]
With this title, the well-known economist Walter Spurrier published his article on Aug. 12. Among other reflections, he commented that “Dollarization is not universally popular among economists because dollarization takes away from the Central Bank's ability to issue and thus regulate the circulating medium and [Read more]
In a recent interview on ABC, U.S. President Barack Obama asked Central American parents not to illegally send their children to his country. He cautioned against all the dangers they face trying to reach the border, as they could be victims of gangs, organized crime groups, sold into sexual slavery or even die while [Read more]
The London School of Economics published a report this month about why the war on drugs ought to be ended. The big names backing the report are just as important as its content. They include five Nobel Prize winners in economics, Deputy Prime Minister of the U.K. Nick Clegg, ex-Secretary of State for the U.S. George [Read more]
The European Union's decision to re-establish its relationship with Cuba is a sign of pragmatism, which leaves the U.S. policy of embargo and isolation toward the Caribbean country even more vulnerable.
One of the most important thinkers of the 20th century has died. Meager words are like a drop of water in comparison to the immensity of his contributions, which, on an analytical basis, have allowed for a better understanding of how we humans and our most personal organizational structures — like family and business [Read more]
In recent years, there has been obvious economic and upward social mobility among the new minority groups.