Brazilians are moving away from Catholicism. Today, fewer than 50 percent of Brazilians identify as Roman Catholic, down from 92 percent in 1970. But after 500 years in South America, the Catholic Church remains deeply enmeshed Brazil’s economy and society.
India's multifaith society is a perfect example of how various beliefs are integrated into work ethics. Ben Dalton/Flickr, CC BY-SACan religion and spirituality promote ethical behaviour in the workplace?
Cutting off the Maduro regime's cash flow won't help the humanitarian crisis in Venezuela, where hunger, poverty and sickness are deepening the nation's plunge into chaos. AP Photo/Ariana CubillosThe White House recently announced new financial sanctions on Venezuela in a rebuke to the country’s power-grabbing president, Nicolás Maduro.
Santiago, the capital of Chile, is a hub for international corporate headquarters and local startups.
The International Monetary Fund has issued its External Sector Report for 2017, and among its key findings: “Global current account imbalances were broadly unchanged in 2016…” The U,S. continues to record the largest deficit, $451.7 billion, which is equal in value to 2.4% of U.S. GDP. The continuing deficits contribute to the increase in the […]
After a two and a half year political impasse, Lebanon now has a new government. And after 12 years without a budget Lebanon’s government led by new Prime Minister Saad also has a $15.8 billion budget What is not clear is whether or not the new government will at least try to create a new […]
Is freelancing the future of employment? Pixabay, CC BY-SAToday, freelancers represent 35% of the United States workforce. In the European Union, the rate is 16.1%.
Bad Numbers Today, there are over $3 trillion in stressed loan assets, compared to around $1 trillion of US sub-prime loans which was the catalyst for the 2008/2009 crisis. The World Bank estimates the ratio of non-performing loans (“NPLs”) to total gross loans is comparable the 2009 levels of 4.2% in 2009. Several loci of […]
In Cuba, unlike in many Latin American countries, when you see children on the street, they're not begging; they're playing. And therein lies Castro's dilemma: how to reform Cuba's stagnant economy without losing what's working?
“The ghost of John Maynard Keynes…has returned to haunt us”, commented Martin Wolf (2008) in the wake of the global financial crisis, suggesting that the lessons from the father of macroeconomics were the best way to understand the crisis and to return the world economy to health. In fact, the severity of the crisis […]
