As the headline in the news remind us daily: immigration in the U.S. is an important policy topic of today. There is a high dependence on the U.S. as haven for refugees and people seeking a better life.
Economy and Development
Venezuela’s years long economic crisis has not slowed down, as the International Monetary Fund projects a 1,000,000% inflation rate by the end of 2018 (Ellsworth). The staggering statistics of Venezuela’s crisis, including both economic and humanitarian disasters, are recorded as one of the worst hyperinflation cases in modern history. Venezuelan President Nicolas Maduro has clung to power under wavering support for his last-ditch effort policies and socialist principles.
Tourism as a method of income has grown in variety. Aspects such as history and culture have assisted in the development of tourism sectors throughout the world. Many countries have taken the route of diversifying their tourism by amplifying their historical towns and culture throughout their nation.
As the value of its currency continues to fall and its economy edges nearer to collapse, Argentina’s government is scrambling to establish new measures to protect its currency and to save the country from a long-term recession. The government recently proposed a new plan for the 2019 budget which now includes various initiatives to cut government spending.