Economy

Ciudad Juárez, Mexico, Sept 28 (EFE). – The security controls implemented last week by the governor of Texas, Greg Abbott, have prevented Mexican exports worth 1.5 billion dollars from crossing the border, business people from northern Mexico denounced this Thursday. The private sector of Ciudad Juárez, which borders the United...

Mexico City, Sept. 27 (EFE) – The fiscal strategy defined by the Mexican government in 2024 must be credible after the June elections, as it will be crucial in defining the country’s stable outlook, warned the Moody’s rating agency on Wednesday. «What we would expect to see over the course...

Natalia Kidd Buenos Aires, Sept. 27 (EFE). – A report released Wednesday by Argentina’s National Institute of Statistics and Censuses (INDEC) shows a bleak economic landscape as poverty rises, dragged by high inflation eroding household incomes. Urban poverty in Argentina rose to 40.1 percent in the first half of 2023,...

Washington, September 27 (EFE).- The president of the United Auto Workers (UAW), Shawn Fain, will announce on Friday the extension of the strike that has affected General Motors (GM), Ford and Stellanis since September 15. Fain will appear on Facebook Live on September 29, exactly two weeks after the start...

Jakarta, Sep 27 (EFE).- The Indonesian government has approved new regulations that prohibit e-commerce transactions on social media platforms, with a particular focus on TikTok, which has significantly expanded its online store presence in the country in recent years. «The regulation has been promulgated, and social media platforms have seven...

Islamabad, Sep 27 (EFE).- Pakistan has received its first shipment of liquified petroleum gas (LPG) from Russia, a spokesperson from the Russian embassy said Wednesday. The shipment is Islamabad’s second major Russian energy purchase after it received its first-ever delivery of crude oil in June with the second in the...

Los Angeles, United States, Sep 26 (EFE).- After 148 days on strike, the Writers Guild of America said it would resume working shortly after midnight Wednesday having reached a tentative agreement with Hollywood studios. US actor/writer Terry Wilkerson walks for his 147th day in a row supporting SAG, Screen Actors...

Washington, Sep 26 (EFE).- Joe Biden made history on Tuesday by becoming the first sitting US president to join picket lines in defense of better working conditions for automobile industry workers. The Democratic leader, who claims to be the most pro-union of all the leaders who have occupied the White...

Brasilia, Sept 26 (EFE). – Brazilian President Luiz Inácio Lula da Silva on Tuesday launched a strategy to strengthen the country’s health services, guaranteeing universal access and the sector’s autonomy. With an investment of 42 billion reais (about 8.4 billion dollars or 8 billion euros), it aims to expand the...

Kabul, Sep 25 (EFE).- The Taliban government in Afghanistan plans to install a network of surveillance cameras in the country’s major cities, a project that has raised interest from China and concerns from activists over fears of increasing oppression. “We are at the stage of planning and developing the methodology...

Jakarta, Sep 26 (EFE).- Indonesia launched its first carbon exchange on Tuesday to fund its energy transition with the goal of reaching net-zero emissions in 2050. A person walks during the opening ceremony of Indonesia Carbon Exchange in Jakarta, Indonesia, 26 September 2023. EFE-EPA/ADI WEDA Indonesian President Joko Widodo launched...

Beijing, Sep 26 (EFE).- China warned the Philippines on Tuesday, cautioning them against «provocations» after the Philippine Coast Guard said they removed a Chinese floating barrier that had prevented Filipino vessels from fishing in a contested area of the South China Sea. “China is resolved to safeguard its sovereignty and...