Economy

Brussels, Oct. 5 (EFE) – The European Court of Auditors (ECA) warned Thursday of the risk posed to the European Union budget by the «significant» increase in financing costs due to the rise in interest rates and greater exposure due to aid sent to Ukraine. The audit of the Community’s...

Santiago de Chile, Oct 3 (EFE).- The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), José Manuel Salazar-Xirinachs, and the Chilean Minister of Social Development, Javiera Toro, called Tuesday for progress towards «consolidated and resilient» social institutions to promote and guarantee economic, social, cultural and...

New York, Oct 3 (EFE). – The trial for fraud and money laundering against the founder of the FTX cryptocurrency platform, Sam Bankman-Fried (SBF), began on Tuesday in federal court in Manhattan, with the defendant pleading not guilty. For the trial, Bankman-Fried will be released from jail, where he has...

New Delhi, Oct 3 (EFE). – Indian police on Tuesday raided the office of an online portal, NewsClick, and several of its journalists as part of a probe into suspected illegal Chinese funding of the media house. The news portal was named in a New York Times investigation, claiming that...

Tokyo, Oct 3 (EFE).- Japan’s authorities and businesses have mobilized to promote the consumption of locally caught seafood since the government started releasing treated Fukushima wastewater into the Pacific Ocean. The release of the wastewater prompted China to ban imports of Japanese marine products, and generated boycotts and suspicion among...

José de Jesús Cortés Oaxaca, Mexico, Oct 2 (EFE). – Indigenous farmers from southern Mexico are organizing and creating seed banks to defend traditional maize from the climate crisis, in the midst of the Mexican government’s fight against genetically modified grains, mainly from the United States. In Oaxaca, southern Mexico,...

São Paulo, Oct 2 (EFE). – The Brazilian Senate approved on Monday a bill that prohibits abusive interest rates on credit cards, as part of a package of measures that aims to reduce the population’s high level of indebtedness. From now on, interest rates charged by banks will have to...

Los Angeles, United States, Oct 2 (EFE).- The Screen Actors Guild of Hollywood (SAG-AFTRA) returned to the negotiating table with the Alliance of Motion Picture and Television Producers (AMPTP) on Monday to seek an agreement that could end their strike. «Rise and shine #SagAftraMembers! As we return to negotiations, remember...

Jakarta, Oct 2 (EFE).- Indonesian President Joko Widodo officially inaugurated on Monday a high-speed train connecting the capital Jakarta with the city of Bandung, the first of its kind in the archipelago and Southeast Asia. Widodo, during his inaugural speech at Jakarta, said the new rail represented «the modernisation of...

New York, Sep 30 (EFE).- The United States on Saturday faces the possibility of a shutdown of the federal government, which comes at a delicate moment for the world’s biggest economy. The government shutdown has become almost an annual affair given the divide between Republicans and Democrats in the different...

Guadalajara, Mexico, Sept 29 (EFE).- On September 29, National Corn Day, Mexican civil organizations are trying to save the milpa, a farming system of Mesoamerican origin based on maize that represents an alternative to rising food prices, the climate crisis and transgenic seeds. Seven years ago, in the Mexican city...

Rome, Sept 29 (EFE).- MED9 countries on Friday called for a «significant» increase in the European Union’s efforts in Africa in the countries of origin and transit of migrants trying to reach Europe by crossing the Mediterranean. Leaders of the MED9, which includes France, Italy, Spain, Portugal, Greece, Cyprus, Malta,...