by the El Reportero’s wire services
The Latin American currencies will face in the future more violatility, specially when the United States changes its monetary policy and increase its interest rates, warned the International Monetary Fund today.
In a press conference about the economic situation in Latin America, Managing Director of the IMF, Christine Lagarde, said that the region will also be affected by a fall in the prices of raw materials and a smaller demand from China.
However, Lagarde ruled out any economic recession in Latin America, and forecasted an increase in its GDP of 0.5 percent, which is reliable for an increase of 1.7 percent next year.
In Latin America, as in other regions, every economy has its own characteristics, she commented, though they are all suppliers of basic goods, raw materials, and clearly they have failed to have the benefits of a decade of high prices that boosted growth, she said.
Lagarde said most Latin American currencies have registered a considerable depreciation against the dollar, in view of the anticipated increase of interests in the United States.
She highlighted, however, the measures implemented by the governments of Brazil, Colombia and Peru to restore confidence and reinforce fiscal positions that are on the right course now.
Honduras- over 10,000 children living in the streets
Over 10,000 children are living on the streets of the main cities of Honduras, a local newspaper reported today.
According to estimates by La Prensa, only in the capital and San Pedro Sula in the number of children living on the street, while 94 percent of them consume some kind of drug.
Statistics from Casa Alianza revealed that most are also victims of sexual abuse.
Churches and non-governmental organizations serve a number of children in distress or social risk, but not enough, said the director of Casa Alianza, José Guadalupe Ruelas.
In his opinion, the Directorate for Children, Youth and Family does a good job, because it rescues and takes the children to institutions where they are taken care, but capacity is overwhelmed.
Since the beginning of the year about nine thousand children without accompanying adults they migrated recently reported the United Nations Fund for Children.
Poverty and violence were incentives for 2013 and 2014 more than 15 thousand minors traveling to the US border, a situation that was seen as a humanitarian crisis in this nation.
Mexico: No sentences after ten months of Iguala crime
Ten months after the crime of Iguala in Guerrero, Mexico, authorities have charged 110 people with being involved in the disappearance of 43 students from a teacher training college, but so far none have been sentenced.
Two of the main perpetrators of the crime, occurred on September 26 and 27, 2014, have not been arrested yet.
From that date on, more than 25 mass graves have been found in the state of Guerrero and more than 1,428 killings reported, as well as 113 kidnappings and more than 30 missing people.
Governmental statistics indicate that the crime rates have not decreased in that state and, quite the contrary, the number of homicides and discovery of corpses in mass graves have increased, mainly in the areas of Acapulco and La Montaña, said the newspaper La Jornada.
