Page 2 - Jonathan Menkos News Today

(Bloomberg) -- A government led by Guatemalan presidential favorite Bernardo Arévalo would target an investment grade credit rating for the low-debt country, a top economic advisor said. Most Read from BloombergFirst American City to Tame Inflation Owes Its Success to Affordable HousingEveryone Wants to Work at UPS After Teamsters DealStock Traders Shun Risk in Run-Up to Key CPI Test: Markets WrapTycoon Who Gave Away $750 Million Sees Profit in Loans to PoorWeWork Tumbles After Raising &#x2...

With workers squeezed by the pandemic and the illicit drug trade, many who live near tourism hotspots are migrating to the United States.

But the designation leaves much to be desired in addressing impunity within the region.

Families are in mourning after dozens were found dead in an abandoned trailer en route to a ‘better future’.

As addressed during last week’s Summit of the Americas, the northern countries of Central America are facing a worsening migration crisis.

The Biden Administration proposed increasing investment in Central American economies, but experts say that inequalities and low wages in the region are still driving factors of migration.

Endemic corruption, poor governance and democratic backsliding have plagued much of Central America for decades. Since 2014, more than two million people, many of them undocumented, are estimated to have fled the so-called Northern Triangle countries of Honduras, Guatemala and El Salvador across the US border to escape corruption, violence, organised crime and poverty.

By: Carlos Alvarado Mendoza y Jonathan Menkos Zeissig Translation: Julio Linares The Spanish version of the article can be found here. Recently, the Central American Institute for Fiscal Studies (Icefi) proposed for Central America the implementation of a universal basic income (UBI), seeking that the States of the isthmus have a minimum guarantee of social protection, while contributing to counteract the impact of the Covid-19 pandemic. A UBI, accompanied by other public, social and economic ...