Mexico City is changing quickly as a result of international migration, implementation of new industries, and foreign investment. These developments modernize and boost the economy, but they also cause gentrification, displacing the local communities, and causing cultural homogenization, which raises concerns about social inequality and the maintenance of local traditions.
Read MoreVenezuela's economy shows signs of recovery, driven by increased oil production. Still, the poor are left behind as the wealth gap grows, and access to foreign currencies remains limited for the majority of the population. The country's infrastructure for the rich expands while impoverished households suffer from food insecurity, water shortages, and lack of basic services.
Read MoreVietnam President Nguyen Xuan Phuc resigned due to the corruption of many officials handling COVID-19; his resignation is part of Vietnam’s broader anti-corruption campaign that has seen thousands of party members investigated and removed from office.
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