The U.S. needs to alter its association of vast amounts of money to commitment and success. Poverty eradication and robust economic partnerships with Latin America will not be achieved through money alone.
Instead of sticking with commodity production based on traditional currency, one country aims to reshape all transactions with this contemporary technology: El Salvador.
Washington’s reliance on economic sanctions has garnered minimal benefits, which has prompted the Biden Administration to move away from coercive measures and instead engage diplomatically through AUKUS.
While it is undeniable that China’s economic rise poses security risks to the U.S. and undermines its national interests, the dangers of a Cold War mentality cannot be overstressed.
Americans chase “unicorns,” or start-up companies with a valuation of over $1B USD bringing the magic to America’s economy.
“Who do I call if I want to call Europe?”
Custom duties as aggressive as these have been tested numerous times throughout history. To date, there has not been a single country that has enjoyed sustainable economic growth as a result of increasing tariffs一and the 2018 tariffs are shaping out to be another example of a failed protectionist policy.
“In the unity of our nations rests the glorious future of our peoples”- Simón Bolívar
Lebanon’s precarious financial situation is no surprise to those that have paid attention to the government’s ineptitude, corruption, and constant sectarian strife for the last thirty years—but it was not inevitable.
Mexico’s drug cartels are swiftly expanding to take advantage of American’s obsession for avocados, but boycotting the precious commodity is not the solution to fight organized crime.