News El Salvador Economy: U.S. seeks migration deals with Honduras, El Salvador
The U.S. homeland security chief said in Guatemala on Thursday that the United States is pursuing "similar agreements" with Honduras and El Salvador on migration in its drive to turn the region into a buffer zone for U.S.-bound migrants. U.S. Acting Homeland Security Secretary Kevin McAleenan
News El Salvador Economy: Tariffs on Mexico will harm Texas’ economy. Boost trade with Central America instead [Opinion]
On May 30, President Donald Trump invoked the 1977 International Emergency Economic Powers Act to impose new tariffs on all U.S. imports from Mexico starting next Monday. This action is meant to persuade Mexico to reduce the number of immigrants reaching the Texas-Mexico border. To many, the recent increase in migration is a crisis. More than 460,000 unauthorized immigrants have been apprehended on the southern border since October, surpassing the previous fiscal year’s total of 396,579. Most people don’t realize, however, that the current immigration flows are low relative to historic standards. The border patrol apprehended 1,643,679 would-be migrants in 2000, and the number has been falling since then, according the Department of Homeland Security. What’s more, the new migrants are different from those coming in historically: The current migrants are not Mexican, they are Central American, mainly from El Salvador, Honduras and Guatemala. These immigrants are not trying to enter the country for work. Most are families seeking asylum due to economic adversity and widespread violence. According to the United Nations, El Salvador and Honduras have the two highest homicide rates in the world (Venezuela is third). If there is a crisis we should worry about, it is in Central America, not on our Mexican border. We have a bureaucratic structure in place to handle refugees, but it is underfunded relative to the current surge of refugees. Recognizing the changes in the types of migrants would allow us to allocate resources to address the concerns about the influx of refugees with established systems and potentially keep families together. The current policies...
News El Salvador Economy: Mexico's economy minister to meet Wilbur Ross over U.S. tariff threat
Mexico's Economy Minister Graciela Marquez said on Sunday she would meet with U.S. Commerce Secretary Wilbur Ross in Washington on Monday, two days before the neighboring countries are due to discuss possible tariffs on Mexican goods. U.S. President Donald Trump has threatened to impose punitive
News El Salvador Economy: El Salvador Telecoms, Mobile and Broadband Statistics and Analyses 2019 - ResearchAndMarkets.com
Although El Salvador is the smallest country in central America geographically, it has the fourth largest economy in the region. Economic potential is limited by the relatively small population, while ...
News El Salvador Economy: China’s Continued Courting of El Salvador
El Salvador – under the leadership of President Salvador Sánchez Ceren — opted to sever diplomatic ties with Taiwan and officially recognize Beijing. Sánchez Ceren cited domestic economic ...
News El Salvador Economy: Baker pressed on driver's licenses for refugees
El Salvador and Honduras to remain in the country. "It is not consistent with the traditions and values of the United States to order the return of large numbers of foreign nationals who have been ...
News El Salvador Economy: Where Murder Has The Highest Economic Impact
Murder can have a devastating impact on a country's economy. El Salvador is a notable example and it is struggling with a homicide rate of 51 per 100,000 of its inhabitants. Rampant crime is seriously ...