“Last fall, Milei eliminated what The Wall Street Journal termed one of the world’s “strictest” rent-control laws. Per its report: “The Argentine capital is undergoing a rental-market boom. Landlords are rushing to put their properties back on the market, with Buenos Aires rental supplies increasing by over 170 percent. While rents are still up in nominal terms, many renters are getting better deals than ever, with a 40 percent decline in the real price of rental properties when adjusted for inflation.”
With price controls, businesses flee the market because they cannot get a sufficient return on investment. As a result, supply for whatever is controlled falls even as demand stays steady or rises. That’s why price controls on gasoline lead to long lines at gas stations. If prices can’t adjust to reflect supply and demand, then people simply can’t get the items they want.
Sure, removing controls initially raises prices—but then new businesses jump into the fray to capitalize on the market and the boost in competition then reduces prices. By contrast, tightening up government price controls just leads to increasing levels of scarcity and misery.”
“Argentina’s 2020 Rental Law, intended to protect tenants, ended up making housing unaffordable for the average Buenos Aires resident. The issue isn’t unique to Argentina—rent control measures have had similar outcomes elsewhere. In San Francisco, expanded rent control laws led to in a spike in evictions. Meanwhile, in the Netherlands, rent caps have prompted property owners to sell their buildings and exit the rental market, according to Reason’s Christian Britschgi.
Argentina’s experience should serve as a cautionary tale for policymakers: Well-intentioned policies aimed at protecting tenants can sometimes backfire, causing more harm than good.”
There is an alliance of authoritarian countries that include Russia, China, Iran, and Venezuela. They don’t have ideology in common, but they want to maintain authoritarian power over their people. China’s reach doesn’t stay in Asia; they support the autocracy in Venezuela. Russia and Iran also support Venezuela’s dictatorship.
“security forces have been systematically stopping citizens to inspect their phones, including photos, social media profiles, and WhatsApp conversations. Detainees are often held based on content uncovered during these searches, such as images or conversations related to protests or anti-government expressions.
This shows Maduro’s willingness to crack down on dissent. It also shows the crucial role of technology in this fight for freedom. We use privacy messaging apps like Signal to communicate sensitive information. We rely on X and Nostr to share public information with the Venezuelan people. And we use bitcoin to overcome Maduro’s financial surveillance.
Regimes know this, which is why the Maduro government has been updating its surveillance system. They are doing this in cooperation with other autocratic regimes. For example, the Chinese company ZTE has been supplying Maduro with advanced surveillance technology, according to nongovernmental organizations.
This is also why Maduro banned X and Signal for 10 days across Venezuela, claiming his opponents were using these platforms to incite political unrest. This unprecedented measure in the Western hemisphere sets a dangerous precedent in the region. It also shows how regimes can restrict essential technologies, including their privacy tools and communication platforms.”
“Early in the administration, Harris was given a role that came to be defined as a combination of chief fundraiser and conduit between business leaders and the economies of Guatemala, Honduras and El Salvador. Her attempt to convince companies across the world to invest in Central America and create jobs for would-be migrants had some success, according to immigration experts and current and former government officials.
But those successes only underlined the scale of the gulf in economic opportunity between the United States and Central America, and how policies to narrow that gulf could take years or even generations to show results.
Rather than develop ways to turn away or detain migrants at the U.S.-Mexico border, Harris’ work included encouraging a Japan-based auto parts plant, Yazaki, to build a $10 million plant in a western Guatemalan region that sees high rates of migration and pushing a Swiss-based coffee company to increase procurement by more than $100 million in a region rich with coffee beans.
She convened leaders from dozens of companies, helping to raise more than $5 billion in private and public funds.
“Not a huge amount, but it ain’t chicken feed and that links to jobs,” said Mark Schneider, who worked with Latin American and Caribbean nations as a senior official at the U.S. Agency for International Development during the Clinton administration.
Jonathan Fantini-Porter, the chief executive of the Partnership for Central America, the public-private partnership Harris helped lead, said the money had led to 30,000 jobs, with another 60,000 on the way as factories are constructed.
She also pushed Central American governments to work with the United States to create a program where refugees could apply for protection within the region.
Still, some of Harris’ critics said her focus on the “Northern Triangle” countries of Guatemala, Honduras and El Salvador was a mistake.
Most migrants crossing the U.S.-Mexico border during the Obama and Trump administrations did come from those countries. But as migration from that region stabilized during the Biden administration, it exploded from countries such as Haiti, Venezuela and Cuba.
The Northern Triangle countries accounted for roughly 500,700 of the 2.5 million crossings at the southwest border in the fiscal year of 2023, a 36% drop from the 2021 fiscal year, according to the Wilson Center.
“They didn’t care to do a good diagnosis of the issue, and they have just focused on a very small part of the topic,” said Guadalupe Correa-Cabrera, a political science professor at George Mason University who has studied Latin American relations and their impact on migration. Correa-Cabrera said Harris had “failed completely” in her mission by following an outdated approach to tackling the root causes of migration.
Biden had a similar portfolio to Harris’ when he was vice president. He was in charge of addressing the economic problems in Central America by rallying hundreds of millions of dollars of aid for a region where the United States has a complicated legacy.”
…
“Ricardo Zúñiga, who served as State Department’s special envoy for Honduras, Guatemala and El Salvador, said Harris was essential in bringing together Latin American and American business leaders to drive investment in Central America.
Less than a week into her role, Zúñiga recalled, Harris sat with members of the national security team and economists from the Treasury Department. After a round of introductions, she quickly got into probing the personalities of the Latin American leaders with whom she would be interacting.
Zúñiga said he later watched her put the information she had collected into practice. In Mexico City, she connected with Mexican President Andrés Manuel López Obrador by expressing interest in the artwork at his presidential palace.
In Guatemala, she took a much more direct approach to President Alejandro Giammattei. She warned him last year about attempts to disrupt the handover of power of the newly elected president, Bernardo Arévalo, while also pushing him to help form programs that migrants could use to apply for refuge in the United States closer to their home countries.
“She was curious and asked many questions,” Zúñiga said. “She very quickly realized that we weren’t going to solve 500 years of problematic history in a single term.””
Exclusive: How Biden botched the border Alex Thompson and Stef W. Kight. 2024 2 12. Axios. https://www.axios.com/2024/02/12/how-biden-botched-border Biden faces more criticism about the US-Mexico border, one of his biggest problems heading into 2024 Will Weissert and Adriana Gomez. 2023 10 7. AP.