Saturday, 4 July 2020

Trump’s son-in-law trying to raise money for Central America

Plan is to pair private investment with unfrozen U.S. aid

White House senior adviser Jared Kushner is organizing an investment conference in Mexico City, aiming to pair private money with foreign aid for Central America that his father-in-law President Donald Trump froze as punishment for the region’s high level of migration to the U.S.

Planners hope to hold the conference in late March or April. The event would also involve the governments of Honduras, Guatemala and El Salvador pledging to enact unspecified business-friendly policies, Bloomberg reports.

The White House’s hope is that fresh investment and aid to the three countries would serve as both reward for their governments’ cooperation with Trump’s push to stem the flow of migrants and incentive for citizens of the region to stay in their home countries. It’s also an attempt to reframe the provision of U.S. foreign aid, an expenditure Trump has often dismissed as wasteful.

- paying the bills -
- paying the bills -
- paying the bills -
Q24N
Q24N
Q24N is an aggregator of news for Latin America. Reports from Mexico to the tip of Chile and Caribbean are sourced for our readers to find all their Latin America news in one place.

Related Articles

Los Angeles, El Salvador are mirror images of poverty

(QREPORTS) As the signposts we call civilization decrease in frequency, cars...

El Salvador’s population fails to comply with economic reopening plan

(Prensa Latina) The Salvadoran Minister of Health, Francisco Alabi, regretted on...

MOST READ

How does it feel being Costa Rican?

(QCOSTARICA) How does it feel being Costa Rican? The question came up recently in my Quora feed. Reading through some of the answers, this one...

Prepare to stop using ¢50,000 bills

(QCOSTARICA) Good chance you've used them sparingly, even less of late or may have never. We're talking about the ¢50,000 colones banknotes that will...

Ruta 27 tolls increased today, July 1

(QCOSTARICA) Users of the Ruta 27 (San Jose - Caldera) will have to dig deeper into their pockets books as an increase in tolls...

EU “Safe Countries” From List Excludes Costa Rica

(QCOSTARICA) On Monday, the European Union (EU) excluded Costa Rica from the list of 15 countries from where people should be allowed into the...

Brazil registered almost 48,000 new cases of coronavirus and exceeded 1.5 million infections

(Q24N) Brazil this Thursday registered the second highest number of daily coronavirus cases since the start of the pandemic, with 47,984 new infections, bringing...

OMNI launches Costa Rica’s Super App

(QCOSTARICA) Omni officially launched the OMNiMoni service, a virtual bank or “neobank” focused on the implementation of fintech facilities from a smartphone. It currently has...

Let's Keep This Going!

To be updated with all the latest news and information about Costa Rica and Latin America.