Economy

Washington, Dec 1 (EFE). – The president of the Federal Reserve (Fed), Jerome Powell, said on Friday that it would be «premature» to conclude that the Fed has raised interest rates «enough» to firmly contain prices. «It would be premature to conclude with confidence that we have achieved a sufficiently...

Toronto, Canada, Dec 1 (EFE) – Canadian mining company First Quantum Minerals (FQM) warned Friday that the closure of the Cobre Panamá mine will have unforeseen environmental consequences that have not been taken into account by Panama’s Supreme Court. FQM also warned that the ruling, which suspends the mining contract...

Vienna, Nov 30 (EFE). – The Organization of Petroleum Exporting Countries and other allied states, known collectively as OPEC+, decided Thursday to adjust oil supply levels for 2024 with new «voluntary» cuts by some of its partners totaling about 2.2 million barrels per day in addition to the cuts announced...

Washington, Nov 28 (EFE).- The Texas Supreme Court will have to decide in the next few weeks whether to uphold a law in favor of doctors and women who sued the state because they could not perform or receive abortions for health reasons due to the current restrictions. On Tuesday,...

Freetown, Nov 28 (EFE).- The Government of Sierra Leone assured Tuesday that the perpetrators of Sunday’s attack on an Army barracks in the country’s capital, Freetown, had the intention of carrying out a coup. Armed men had tried to break into an armory at a military base near the president’s...

Panama City, Nov 28 (EFE). – Demonstrators who blocked some of Panama’s main roads for more than a month to protest a controversial mining contract began reopening them Tuesday after the Supreme Court declared «unconstitutional» Law 406, which includes the agreement between the state and Minera Panama, a subsidiary of...

Johannesburg, Nov 28 (EFE).- An accident at a platinum mine in South Africa has killed 11 workers and injured 75 when an elevator carrying them to the surface dropped suddenly, the operator said on Tuesday. The accident occurred on Monday evening at the mine owned by Impala Platinum in the...

Berlin, Nov 23 (EFE) – German Finance Minister Christian Lindner announced Thursday that he will present a supplementary budget for 2023 to provide legal certainty to public spending, which was left vulnerable after the Constitutional Court annulled the transfer of 60 billion euros to a fund for economic transformation. The...

Jon Martin Cullell São Paulo, Nov 23 (EFE). – 17-hour days, no days off and a wage of 1.50 reais (30 cents) per garment. These were the working conditions of Dilma Chilaca when she arrived in Brazil. «When you have nothing, you have to keep quiet,» she says. THE 41-year-old...

San Juan, Nov 22 (EFE) – Suriname’s Vice President Ronnie Brunswijk on Wednesday ordered the dozens of illegal gold miners still present in the Matawai region in the south of the country to leave immediately, saying there was still danger after a landslide on Monday left at least 15 dead....

Bogotá, Nov 22 (EFE).- A group of social organizations and community leaders is traveling to Europe to denounce the Swiss mining giant Glencore and pressure it to respect human rights and the environment at the Cerrejón mine in the department of La Guajira, northern Colombia. The delegation has already visited...

Nora Quintanilla New York, USA, Nov 21 (EFE).- The heavy hand that US authorities have been applying to the cryptocurrency sector for the past few months brought down another of its heavyweights on Tuesday, the head of the largest global exchange platform Binance, Changpeng Zhao. Zhao, known as «CZ», resigned...