Tag: financial crisis

AsianImmigration NewsNew YorkQueens

Between A Rock and A Hard Place: Asian Immigrants and Foreclosures in NYC

Asian immigrants in New York City continue to reel from the economic recession, particularly the aftermath of the housing market collapse.

Immigration NewsLatino

Feet in Two Worlds on The Brian Lehrer Show and Marketplace

Pilar Marrero and Aswini Anburajan joined Brian Lehrer on Thursday (9/25/08) on WNYC, New York Public Radio to talk about the impact of mortgage foreclosures and the financial crisis on immigrants in the US. They also discussed how economic concerns may affect the election in battleground states like Nevada and Florida, which have large numbers of Latino voters.

Click here to listen to the segment.

In a piece that aired on Marketplace on Friday (9/26/08), Aswini Anburajan reports on the rising political influence of Indian Americans. During the presidential primaries, Indian American donors gave $5 million each to Barack Obama and Hillary Clinton, and half a million dollars to John McCain. Now some of these Democratic voters are seeking to expand their national presence with a political action committee, the Indian American Leadership Initiative.

Listen to the full story on the Marketplace Web site.

BrazilianImmigration NewsLatino

Latin America to U.S.: Tsk-Tsk

Brazilian President Lula da Silva at the U.N. Tuesday.

Brazilian President Lula da Silva at the U.N. Tuesday.

Miami is sometimes half-jokingly called “the capital of Latin America,” for its concentration of Latin American expats, Latin American corporation headquarters and even vacation homes for the region’s richest. No wonder then that both Senators John McCain and Barack Obama opted to outline their potential foreign policy towards the region while campaigning in Florida last week. Both candidates gave interviews to Radio Caracol that made headlines, each in its own way.

The highlight of McCain’s appearance was his apparent confusion as to Spain’s location and who its prime minister José Luis Rodríguez Zapatero is [you can listen to it here.] A story on the incident in The Sydney Morning Herald was headlined “The brain in McCain under strain about Spain.” However, a campaign advisor denied there was any confusion, which can only hurt Spanish pride.

In respect to Latin America, McCain expressed coldness for the more anti-American leftist leaders in the region and support for Mexico’s Felipe Calderón in his war against drug cartels.

Obama, in turn, projected a more empathetic stance towards the region, admitting that the U.S. “has been so obsessed with Iraq that we haven’t spent time focused on the situation in Latin America.” He also seemed to defend his position on a potential meeting with Venezuelan President Hugo Chávez, who the McCain camp featured in an attack ad on Spanish-language TV this week:

I think it’s important for us to not overreact to Chavez. I think what we have to do is just let Chavez know that we don’t want him exporting anti-American sentiment and causing trouble in the region, but that we are interested in having a respectful dialogue with everybody in Latin America in terms of figuring out how we can improve the day to day lives of people.

Most people in Latin America would agree that the U.S. has not paid attention to the region so far this century. A lot of them, however, would probably view that as a good thing. Most Latin Americans consider the much-disliked free-market economic policies of the ’90s known as the Washington Consensus to have been forced on the region by the U.S. and the multilateral organizations on which it generally exerts commanding control, the World Bank and International Monetary Fund. (more…)