April 29, 2020
A UN official warned this week that as many as 29 million people across Latin America and the Caribbean could be plunged into poverty because of the economic pain caused by the coronavirus. Latin America's economy, which is expected to contract 5.2 percent this year, will be hit far harder than any other region, and could take up to a decade to repair. This would undo many of the social and economic gains of the past two decades that have pulled millions out of poverty. Here's a look at the number of impoverished people in Latin America's most populous countries over the past two decades – a glimpse of what's at stake.
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GZERO World with Ian Bremmer is returning to your screens this week, kicking off Season 9 in a summer of sweltering global tensions. The United States is celebrating its 250th birthday, a war has reshaped the Middle East, AI is forcing humanity to confront profound ethical choices, and democracies around the world are bracing for what comes next. Host Ian Bremmer is here to make sense of it all.
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As America approaches its 250th anniversary, Bank of America is investing in the legacy of leadership — committing $5M to the Theodore Roosevelt Presidential Library and conserving 110 presidential portraits at the Smithsonian National Portrait Gallery, so the history of leaders who defined our nation is preserved for generations to come. Learn more here.
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The trade bloc is also reducing its quota of tariff-free steel imports, as trade tensions mount with Beijing.
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