The Flood of Hatred

Antonio Navalón No city in the world is more symbolic and representative of what Americans call the “melting pot” than New York. This place is populated by a mix of migrants from an assortment of nations from all over the world. Throughout the 20th century …

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International Monetary Fund. Managing Expectations: Inflation and Monetary Policy.

Inflation around the world reached multidecade highs in 2022. While headline inflation has since come down, core measures are proving stickier. The high inflation experience of the last two years could engender persistently high inflation expectations, complicating central banks’ paths to getting inflation back to …

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Luis Maizel’s Monthly Letter: Stop the World – I Want to Get Off!

The title of the letter is from a Broadway play many years ago. Many people today feel that everything is terrible, with wars dragging on indefinitely, inept and corrupt governments in most parts of the world, non-existent leadership, and a global economic situation complicated by …

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The Gates of Hell

Antonio Navalón For many years now, the world has been witnessing, unperturbed, what is gradually becoming, if not the beginning of the end of its vital structure, a considerable worsening of the environmental conditions necessary for subsistence. Pollution after pollution and with a permanent denial …

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Pinochet, our contemporary?

Ricardo Pascoe Pierce Fifty years ago tomorrow, General Pinochet and almost the entire Chilean military broke their constitutional oath and staged a coup d’état against the legally elected government of Salvador Allende. The few military commanders who opposed the coup were eliminated. Thus, Chile aligned …

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