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Costa Rica s dire financial situation -

Two years after passing a controversial fiscal-reform project, Costa Rica remains on tenuous financial grounds. At an individual level, the pandemic and related measures have exacerbated unemployment. Nearly half of Costa Rican workers are unemployed or underemployed, representing tens of thousands more people in that situation compared to 2019. At a national level, Costa Rica has the third-highest public debt in Latin America, according to a new report from the United Nations Economic Commission for Latin America and the Caribbean (CEPAL). Public debt the amount of money a government owes to outside debtors reached 66.2% of Costa Rica’s GDP, trailing only Argentina and Brazil in the region.

ECLAC seeks wider access to funding for smaller economies

ECLAC seeks wider access to funding for smaller economies ECLAC seeks wider access to funding for smaller economies UN s economic commission for LatAm and the Caribbean also calls for the G20 to include more countries in its debt suspension program Capital MarketsFixed IncomeEconomy & PolicyLatin America The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) believes the international community needs to help smaller countries in the region access abundant liquidity, Executive Secretary Alicia Bárcena told reporters on Wednesday. Up to now, we continue with business as usual, which is that countries that have the heft go and place sovereign bonds, but what we must accomplish is an expansion of country access to this international liquidity, Bárcena said a press con

Mexico s foreign minister sees rising migration to U S as Biden takes office

Mexico s foreign minister sees rising migration to U.S. as Biden takes office 12/15/2020 | 04:58pm EDT Send by mail : Message : Required fields MEXICO CITY, Dec 15 (Reuters) - Mexico s Foreign Minister Marcelo Ebrard on Tuesday said he expects migration to the United States to increase, while Mexico would try to convince Joe Biden s incoming administration to tweak Washington s approach to immigration. President-elect Biden has vowed to pursue a humane migration policy and promised a $4-billion plan to address underlying factors driving migration from Central America. But the destruction across Central America caused by back-to-back hurricanes in November, which killed hundreds and displaced over half a million people across the region, may pose

Agencies collaborate to fight child abuse

Agencies collaborate to fight child abuse Feminitt founder Ashlee Burnett THE restrictions surrounding Covid19 have put children at increased risk of abuse. Several agencies are working together to provide assistance to children and educate the public on the issue, including the creation of educational campaigns and digital apps. Last week, the webinar ‘Reimagining and Rebuilding a World without Violence against Children?’, organized by the Economic Commission for Latin America and the Caribbean (ECLAC) subregional headquarters for the Caribbean and UNICEF Eastern Caribbean Area and hosted by the Spotlight Initiative, a global, multi-year partnership between the European Union and the United Nations to eliminate all forms of violence against women and girls, highlighted some of the initiatives being carried out to prevent and respond to child abuse in Trinidad and Tobago.

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