Investing and Global Finance News

Author Archives: Carlos Garcia

Confederate Flag is Symbol Around the World

Square land battle flag of Confederate States of America.
Square land battle flag of Confederate States of America.

In the wake of the senseless massacre of nine African Americans in their historic church in South Carolina last week, Governor Nikki Haley has said that she will ask that the Confederate flag be removed from flying over from the capital. Other southern states, which have been flying the flag, a symbol of racism and hatred for many, have joined in the call to remove the symbol, finally, after over 150 years since the defeat of the south in the Civil War.

This welcome move does not mean, however, that the Confederate flag will not continue to fly in other parts of the world. And not because its symbolism is lost on those who fly it, but because they know exactly what that flag stands for.

In Brazil the descendants of southerners fleeing from the mayhem of the Civil War and post-Civil War Reconstruction, fly the flag to remember their heritage. During the 1860s Brazil offered US refugees land grants, and thousands took Brazil up on the offer. Slavery was also still legal in Brazil at the time.

“To me it’s a positive symbol of my heritage,” said a participant in a festival to celebrate the heritage of the descendants of southerners. “For us, it doesn’t have a negative connotation at all.”

In Italy the symbolic message of the flag speaks to the sense of loss Southern Italians experienced when they lost their independence when they became part of the Kingdom of Italy in 1861.

“We too are a defeated people,” a professor in Naples said. “Once we were a rich and independent country, and then they came from the North and conquered us and took our wealth and power away to Rome.

Not surprisingly, skinheads and neo-Nazis in Germany have also adoped the Confederate flag as a symbol of their feelings about racism and white supremacy. Civil War reenactments have also been gaining in popularity in Germany, with many Germans identifying with the Confederate rebellion.

Doral Bank Introduces the “Naricitas de Amor” Program for Cancer Awareness

Earlier this year Puerto Rican-based Doral Bank launched its “Naricitas de Amor” program designed to further the bank’s ongoing efforts to promote awareness about cancer and its treatment. The program was organized in partnership with the Pro Oncological Pediatric Department of the Hospital Pediátrico Universitario. Local celebrities will participate in the program, whose name translates… Continue Reading

Social Media in Business

Social media is becoming an essential marketing tool for businesses today. However, many business leaders are unfamiliar or unaware of the different tactics and methods used to create and manage effective social media pages on any platform. It is important to consider goals, objectives and metrics when using social media to promote a business, as… Continue Reading

Los medios sociales en los negocios

Los medios sociales se están convirtiendo en una herramienta de marketing esencial para las empresas hoy en día. Sin embargo, muchos de los líderes de las empresas desconocen o son inconscientes de las diferentes tácticas o métodos que pueden ser utilizados para crear y administrar las páginas o cualquier otra plataforma de medios sociales de… Continue Reading

Los Ejecutivos de Negocios Medianos Muestran más Optimismo que los Propietarios de Negocios Pequeños

Los resultados de encuestas recientes revelan que, mientras que los propietarios de negocios pequeños en los Estados Unidos están volviendo a confiar en la economía, aún se sienten desconfiados con respecto a sus propios negocios. De acuerdo con la investigación, el 35% de los participantes de la encuesta creen que la economía está mejor que… Continue Reading

Doral Bank expande su Programa de Alfabetización Financiera en las escuelas secundarias de Florida

Motivados por el éxito de su programa de alfabetización financiera, Doral Bank de Puerto Rico anunció que expandirá su programa de alfabetización financiera, añadiendo dos escuelas secundarias el próximo mes. Doral Bank tiene sucursales en Florida y en Nueva York y es parte de Doral Finacial Corporation. El banco lanzó el programa en el distrito… Continue Reading

Doral Bank Expanding Financial Literacy Program in Florida High Schools

Galvanized by the success of their high school financial literacy program, Puerto Rico-based Doral Bank announced that it will expand the program to add an additional two high schools this coming month. Doral Bank, which has branches in Florida as well as New York, and is a subsidiary of Doral Financial Corporation, launched the program… Continue Reading

Programas de desarrollo empresarial de mujeres exitosas en el mundo

Los programas de desarrollo y apoyo a las mujeres empresarias están tomando impulso en todo el mundo, liderado principalmente por bancos y otras compañías de servicios financieros. El World Bank, por ejemplo, lanzó el Proyecto Mujeres para el Desarrollo Empresarial para Etiopia con propósito de aumentar las ganancias de micro compañías y pequeños negocios que… Continue Reading