Category: Page 1 Stories

Front page news stories, written on deadline.

Chile's AFP office

Chile’s Private Social Security System Turns 30

Investor’s Business Daily, Page One, May 1, 2011 by Monica Showalter May Day — socialists’ paean to class warfare — evokes memories of Soviet tanks in Red Square and leftist radicals rioting. But Chile celebrates the actual empowerment of workers. May 1 marks the 30 years since Chile became the

Exxon Not Budging Vs. Venezuela Gov’t Over New Contracts

BY MONICA SHOWALTER Posted 12/29/2005 Alone among big oil, Exxon Mobil (XOM) isn’t backing down from a confrontation with Venezuela. Venezuela’s government says all foreign investors must accept “mixed company” arrangements by Dec. 31 under a 2001 law. Other firms have reluctantly “migrated” to new state-dominated oil production joint ventures,

Central America Border Rush Fueled By Remittances

Excerpt: But while the political debate has focused on U.S. immigration enforcement, a key economic factor has been lost in the clamor. Guatemala, El Salvador and Honduras, which are supplying three-quarters of the latest cross-border flood, are bucking a trend in Latin America toward stronger local economies based on sound