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Search resuls for: "Santiago Pérez"


25 mentions found


☆ Argentina’s Economic Turmoil Is Getting Worse. These Charts Explain Why.
  + stars: | 2023-11-20 | by ( Santiago Pérez | Roque Ruiz | ) www.wsj.com   time to read: 1 min
Argentine president-elect Javier Milei will take office in early December. Photo: agustin marcarian/ReutersArgentina has long been trapped in recurring cycles of deep and destructive economic contractions brought on by policies that force governments to routinely spend more than they collect through taxes and other income, economists say. President-elect Javier Milei will take office in early December with the task of reversing unsustainable spending policies that have depleted government coffers and caused inflation and interest rates to soar.
Persons: Javier Milei, agustin marcarian Organizations: Reuters Locations: Reuters Argentina
☆ Argentina’s New President Wants to Adopt the U.S. Dollar as the National Currency
  + stars: | 2023-11-20 | by ( Ryan Dubé | Santiago Pérez | ) www.wsj.com   time to read: 1 min
After weakening earlier this year, the U.S. dollar is pushing higher and could be headed back toward the 20-year high it touched in 2022. WSJ’s Dion Rabouin explains why this could be bad news for investors. Photo illustration: Noah FriedmanBUENOS AIRES—The self-styled anarcho-capitalist who won Argentina’s presidency on Sunday plans to ditch his nation’s peso and adopt the U.S. dollar as the national currency. President-elect Javier Milei ’s top campaign proposal was aimed at eradicating rampant inflation that has for decades ravaged Latin America’s third-biggest economy by removing the battered national currency from circulation and stripping the central bank of its power to print money. Uncontrolled money-printing to cover public expenditures, economists say, has fueled 143% inflation, one of the world’s highest.
Persons: WSJ’s Dion Rabouin, Noah Friedman BUENOS, Argentina’s, Javier Milei ’ Organizations: U.S ., Noah Friedman BUENOS AIRES, U.S
☆ Migrants Are Flocking to the U.S. From All Over the Globe
  + stars: | 2023-11-04 | by ( Santiago Pérez | ) www.wsj.com   time to read: 1 min
Hundreds of thousands of migrants from all over the world are making their way to the Southwest border, with U.S. and Mexican authorities reporting a surge in apprehensions of people from Asia and Africa as human smuggling networks widen their reach across the globe. Arrests at the Southwest border of migrants from China, India and other distant countries, including Mauritania and Senegal, tripled to 214,000 during the fiscal year that ended in September from 70,000 in the previous fiscal year, according to U.S. Customs and Border Protection data. Fewer than 19,000 migrants from Asia and Africa were apprehended in the fiscal year ended September 2021.
Organizations: U.S, U.S . Customs Locations: Asia, Africa, China, India, Mauritania, Senegal, U.S
☆ Mexico Raises Hurricane Otis Death Toll to 43
  + stars: | 2023-10-29 | by ( Santiago Pérez | Anthony Harrup | ) www.wsj.com   time to read: 1 min
An aerial view of a yacht club hit by Hurricane Otis in Acapulco, Mexico. Photo: David Guzman/ShutterstockMEXICO CITY—At least 43 people were killed and another 36 are reported missing after Hurricane Otis rammed into Mexico’s Pacific coast, bringing devastation to the popular beach resort of Acapulco, officials said. The death toll is up from the 27 initially reported. Security Minister Rosa Icela Rodríguez said Saturday that the likely cause of death was drowning. Rodríguez said that their identities have yet to be determined.
Persons: Hurricane, David Guzman, Hurricane Otis, Rosa Icela Rodríguez, Rodríguez Organizations: MEXICO CITY, Hurricane, Security Locations: Acapulco, Mexico, MEXICO
☆ Mexico Raises Hurricane Otis Death Toll to 39
  + stars: | 2023-10-29 | by ( Santiago Pérez | Anthony Harrup | ) www.wsj.com   time to read: 1 min
An aerial view of a yacht club hit by Hurricane Otis in Acapulco, Mexico. Photo: David Guzman/ShutterstockMEXICO CITY—At least 39 people were killed and another 10 are reported missing after Hurricane Otis rammed into Mexico’s Pacific coast, bringing devastation to the popular beach resort of Acapulco, officials said on Saturday. Security Minister Rosa Icela Rodríguez said Saturday that 29 men and 10 women have been confirmed dead. The likely cause of death was drowning. Rodríguez said that their identities have yet to be determined.
Persons: Hurricane, David Guzman, Hurricane Otis, Rosa Icela Rodríguez, Rodríguez Organizations: MEXICO CITY, Hurricane, . Security Locations: Acapulco, Mexico, MEXICO
☆ Mexico Sets Up Airlift Operations for Hurricane-Stricken Acapulco
  + stars: | 2023-10-27 | by ( Santiago Pérez | ) www.wsj.com   time to read: 1 min
People surveyed widespread destruction in Acapulco, Mexico, after Hurricane Otis slammed into the coast as a Category 5 hurricane. The storm left at least 27 people dead, officials said. Photo: Henry Romero/ReutersMEXICO CITY—Mexico’s federal government set up airlift operations to bring medical emergency teams and supplies to Acapulco, and evacuate thousands of tourists stranded in the beach resort amid devastation left by Hurricane Otis. Otis, the worst storm on record to hit Mexico’s Pacific coast, killed at least 27 people and left Acapulco without running water, electricity and fuel earlier this week. The Category 5 hurricane cut off land access to the port, ripped up buildings and sparked floods around Acapulco and the coastal community of Coyuca de Benítez.
Persons: Hurricane Otis, Henry Romero, Otis, Benítez Organizations: Reuters, Reuters MEXICO CITY, Hurricane Locations: Acapulco, Mexico, Reuters MEXICO, Coyuca
☆ Mexico Begins Rescue Work After Hurricane Otis Devastates Acapulco
  + stars: | 2023-10-26 | by ( Anthony Harrup | Santiago Pérez | ) www.wsj.com   time to read: 1 min
MEXICO CITY—Hurricane Otis, the most powerful hurricane to hit Mexico’s Pacific coast, left at least 27 people dead and four missing in the popular beach resort of Acapulco amid widespread flooding and devastation, officials said Thursday. Mexican President Andrés Manuel López Obrador said his government deployed hundreds of soldiers, medical teams and rescue teams as authorities began to assess the extensive damage inflicted by Otis in the Pacific port. Three of those missing are navy members, he said.
Persons: Andrés Manuel López Obrador, Otis Organizations: MEXICO CITY, Hurricane Locations: MEXICO, Acapulco, Pacific
☆ U.S. to Resume Deportations of Venezuelan Migrants
  + stars: | 2023-10-06 | by ( Kejal Vyas | Santiago Pérez | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/americas/u-s-to-resume-deportations-of-venezuelan-migrants-78e7cdaf
Persons: Dow Jones Locations: venezuelan
☆ Greater Migrant Surge Headed for U.S. Border
  + stars: | 2023-09-22 | by ( Santiago Pérez | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/americas/greater-migrant-surge-headed-for-u-s-border-6b6ecd66
Persons: Dow Jones
☆ Texas ‘Floating Border Wall’ Fails to Deter Migrants
  + stars: | 2023-09-05 | by ( Santiago Pérez In Piedras Negras | Mexico | Michelle Hackman In Washington | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/americas/texas-floating-border-wall-fails-to-deter-migrants-75ebfcae
Persons: Dow Jones Locations: americas, texas
☆ Guatemala Suspends President-Elect’s Party
  + stars: | 2023-08-29 | by ( Santiago Pérez | Juan Carlos Rivera | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/americas/guatemala-suspends-president-elects-party-adfb06e2
Persons: Dow Jones Locations: americas, guatemala
☆ Migrant Crossings on the Rise Again at U.S. Border
  + stars: | 2023-08-12 | by ( Santiago Pérez | Alicia A. Caldwell | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/migrant-crossings-on-the-rise-again-at-u-s-border-fca03da2
Persons: Dow Jones
☆ Ecuadorean votes could bar oil output in Amazon reserve, mining near Quito
  + stars: | 2023-07-31 | by ( Alexandra Valencia | ) www.reuters.com   time to read: +5 min
But oil and mining guilds say their industries are needed to shore up Ecuador's battered economy and that bans would expose the areas to illegal mining and deforestation. Outgoing President Guillermo Lasso, who moved ahead elections after lawmakers attempted to oust him, has failed to raise oil production or attract more mining investment as violence and social problems have worsened. A "yes" vote in both referendums could complicate finances for his successor. State oil company Petroecuador says a "yes" on the Yasuni referendum would cost the country $13.8 billion in income over the next two decades. But residents say mining will threaten high altitude wetlands, water and animals like the spectacled bear.
Persons: Read, Ecuadoreans, Guillermo Lasso, Santiago Pérez, Ramon Correa, Correa, Rafael Correa, Pedro Bermeo, Bermeo, Petroecuador, Australia's SolGold, Maria Eulalia Silva, Morelia Fuentes, Alexandra Valencia, Tito Correa, Karen Toro, Julia Symmes Cobb, Marguerita Choy Organizations: ITT, Environmental, Reuters, Voters, of Mining, Mining, Thomson Locations: Orellana, Orellana province, Ecuador, QUITO, Quito, Choco, North America, State, Pastaza
☆ Biden’s New Border Rules Don’t Deter Desperate Venezuelans
  + stars: | 2023-07-27 | by ( Michelle Hackman In Washington | Juan Forero In Las Tecas | Colombia | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/bidens-new-border-rules-dont-deter-desperate-venezuelans-9a3c022b
Persons: Dow Jones, 9a3c022b
☆ The Country With the Highest Murder Rate Now Has the Highest Incarceration Rate
  + stars: | 2023-07-10 | by ( Kejal Vyas | Santiago Pérez | Photographs Juan Carlos For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
El Salvador, long whipsawed by gang violence that made it one of the world’s most dangerous countries, turned things around by jailing huge swaths of its population. The country once known for having the world’s highest murder rate now has the world’s highest incarceration rate—about double that of the U.S.
Organizations: El Locations: El Salvador
☆ Masses of Migrants Overwhelm Panama’s Darién Gap
  + stars: | 2023-06-26 | by ( Santiago Pérez | Photographs Tarina Rodriguez For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/masses-of-migrants-overwhelm-panamas-darien-gap-73d032d7
Persons: Dow Jones Locations: darien
☆ Mexico Probes Possible Staff Negligence in Fire That Killed 38 Migrants
  + stars: | 2023-03-29 | by ( Anthony Harrup | Santiago Pérez | ) www.wsj.com   time to read: 1 min
MEXICO CITY—Mexican federal prosecutors will investigate possible negligence in the response to a fire at a migrant detention center in the border city of Ciudad Juárez that left at least 38 migrants dead as actions of staff at the facility came under scrutiny, President Andrés Manuel López Obrador said Wednesday. A surveillance video shows migrants trapped in locked cells as the fire erupted on Monday night, while two guards appear to make no attempt to release the detained men as smoke filled the detention area. The authenticity of the video was confirmed by Interior Minister Adán Augusto López.
☆ The New York Couple Behind El Salvador’s Bitcoin Experiment
  + stars: | 2023-03-28 | by ( Santiago Pérez | ) www.wsj.com   time to read: 1 min
SAN SALVADOR, El Salvador—Two New Yorkers who created a popular financial news show on Russian state television and cashed in on the crypto boom have emerged as key advisers to the Salvadoran government on its adoption of bitcoin. Max Keiser and Stacy Herbert are also investing in bitcoin ventures in the Central American country and are founding backers of a crypto exchange that is helping manage El Salvador’s sovereign debt sale that is linked to bitcoin. The so-called Volcano Token bond will be backed by proceeds from bitcoin mined using geothermal power from a volcano.
☆ Fire Started in Protest at Mexican Migrant Detention Center Kills Dozens
  + stars: | 2023-03-28 | by ( Santiago Pérez | ) www.wsj.com   time to read: 1 min
At least 39 migrants were killed and 29 seriously injured in a fire at a migrant detention facility in the border city of Ciudad Juárez, Mexico, started by occupants protesting against their impending deportation, authorities said Tuesday. Mexican President Andrés Manuel López Obrador said according to initial reports, the fire was started when some of the detained migrants lighted mattresses as a protest when they heard they would be deported.
☆ ‘It’s Like a Graveyard’: Record Numbers of Migrants Are Dying at the U.S. Border
  + stars: | 2023-03-17 | by ( Santiago Pérez | Alicia A. Caldwell | Photographs Paul Ratje For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
EAGLE PASS, Texas—Local officials keep a refrigerated truck to hold the bodies of migrants who drown in the currents of the Rio Grande while trying to cross the border into the U.S.Across the river, families having picnics or walking along the waterfront promenade of Piedras Negras, Mexico, say they sometimes see bodies floating by or bobbing among the reeds under a bridge. “We had times when we received four or five bodies a week,” said Hugo González , owner of Funerarias González in Piedras Negras. “At one point, there were a lot of corpses and there was nowhere to put them. We just didn’t have enough refrigerators at the funeral home.”
☆ U.S. Business Owners Pay Premium to Hire Migrant Workers in Extremely Tight Labor Market
  + stars: | 2023-02-07 | by ( Santiago Pérez | Michelle Hackman | ) www.wsj.com   time to read: 1 min
Migrants who come to the U.S. to find work are now being hired more quickly, at higher pay and under better working conditions than at any time in recent memory. In many cases, employers and economists say, migrant workers are being paid as well as their American counterparts. Job vacancies in the U.S. increased to 11 million at the end of December, according to the Labor Department. While the tightness appears to be easing in the white-collar job market, employers say finding hourly wage workers remains a challenge. Many small businesses say they are unable to hire enough native-born and naturalized workers and are paying a premium for migrant workers.
☆ Migrants Are Doing Better Than Ever Thanks to Tight Labor Market
  + stars: | 2023-02-07 | by ( Santiago Pérez | Michelle Hackman | ) www.wsj.com   time to read: 1 min
Migrants who come to the U.S. to find work are now being hired more quickly, at higher pay and under better working conditions than at any time in recent memory. In many cases, employers and economists say, migrant workers are being paid as well as their American counterparts. Job vacancies in the U.S. increased to 11 million at the end of December, according to the Labor Department. While the tightness appears to be easing in the white-collar job market, employers say finding hourly wage workers remains a challenge. Many small businesses say they are unable to hire enough native-born and naturalized workers and are paying a premium for migrant workers.
☆ Guatemala Widens Prosecutions Against Former Anticorruption Officials
  + stars: | 2023-01-19 | by ( Santiago Pérez | Juan Carlos Rivera | ) www.wsj.com   time to read: 1 min
Guatemalan authorities have issued several recent arrest warrants and brought criminal charges against more judges and prosecutors previously given the job of weeding out corruption in Guatemala’s government. The moves have fueled concerns among the U.S. government and rights groups about democratic backsliding in Guatemala. More than 30 Guatemalan anticorruption judges and prosecutors have left the country under threat of arrest over the past two years. The departures occurred amid weakening accountability for corruption, according to Human Rights Watch, an advocacy group.
☆ El Salvador Legislators Pass Law Allowing Bitcoin Bond Sales
  + stars: | 2023-01-12 | by ( Santiago Pérez | ) www.wsj.com   time to read: 1 min
El Salvador’s presidential administration has spent hundreds of millions of dollars to roll out bitcoin as a national currency. El Salvador’s lawmakers approved legislation to regulate bond sales backed by crypto assets, a measure that aims to raise funds tied to the value of bitcoin and other digital assets, President Nayib Bukele said Wednesday. The Digital Asset Issuance Law was approved with 62 votes in favor and 16 against at the country’s National Assembly. Mr. Bukele’s New Ideas party has a majority in the country’s legislature.
☆ Mexico Captures Son of Drug Kingpin Joaquín ‘El Chapo’ Guzmán
  + stars: | 2023-01-05 | by ( Santiago Pérez | José De Córdoba | ) www.wsj.com   time to read: 1 min
Ovidio Guzmán, here in a still image from a 2019 video, was captured in the Sinaloa state capital Culiacán. MEXICO CITY—Mexico’s security forces captured Ovidio Guzmán, the son of former Sinaloa cartel boss Joaquín “El Chapo” Guzmán, in antidrug raid in the Sinaloa state capital Culiacán, a senior government official said Thursday. The operation by Mexico’s federal government prompted cartel members to go on a statewide rampage, burning buses and trucks and blocking entrances and exits to Culiacán.
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