Economy

Washington, Sept 25 (EFE).- The United States is inching closer to a government shutdown for which there seems to be no solution in sight: Republicans sympathetic to former President Donald Trump (2017-2021) are in full rebellion, unwilling to accept a short-term solution that funds federal agencies beyond Sept. 30, when...

Vienna, Sep 25 (EFE).- Argentinian diplomat Rafael Grossi was re-elected on Monday as the director general of the United Nations’ International Atomic Energy Agency (IAEA) for a second four-year term in office, beginning in early December. Grossi was re-elected during the 67th regular session of the IAEA general conference, which...

New Delhi, Sep 25 (EFE).- The Indian Air Force on Monday officially introduced its first C-205 tactical transport aircraft, made in Spain by European manufacturer Airbus, as part of a deal to deliver 16 of these military aircrafts to India. «This medium lift tactical aircraft is capable of taking off...

Bangkok, Sep 25 (EFE).- Thailand began to apply on Monday the visa waiver for Chinese travelers, a temporary measure until Feb. 29 with the aim of reactivating tourism, which is yet to recover from the effects of the Covid-19 pandemic. Thai Prime Minister Srettha Thavisin received the first group of...

Los Angeles, US, Sep 24 (EFE).- A tentative agreement reached by the Writers Guild of America (WGA) and Alliance of Motion Picture and Television Producers (AMPTP) on Sunday looks to end the historic 146-day writers’ strike. WGA (Writers Guild of America) members demonstrate in front of The Walt Disney Studios...

Beijing, Sep 23 (EFE).- European Commission Vice-President and Commissioner for Trade, Valdis Dombrovskis, said Saturday that the European Union (EU) does not seek to decouple from China but “needs to protect itself in situations when its openness is abused.” Speaking at an economic forum in Shanghai, Dombrovskis said that trade...

New York, United States, Sept 21 (EFE).- The heads of international economic institutions described a panorama of «hopelessness» for Latin America at the Global Forum on Latin America and the Caribbean 2023, held Thursday in New York, and called for political commitments to put an end to the cycles of...

New York, United States, Sept 20 (EFE).- Writers George R.R. Martin, John Grisham, Elin Hilderbrand, and 14 others organized by the Authors Guild have sued technology company OpenAI for violating their copyrights. The company gained widespread popularity last year with the launch of ChatGPT, an artificial intelligence chatbot capable of...

Manila, Sep 20 (EFE).- The Asian Development Bank (ADB) on Wednesday warned that the ongoing property crisis in China could weigh down its economic growth in 2024, although the impact could be mitigated through the implementation of appropriate policies. “The analysis shows that further property market weakness may slow the...

Beijing, Sep 20 (EFE).- China’s Ministry of State Security accused US intelligence agencies on Wednesday of infiltrating the servers of Chinese technology giant Huawei since 2009. In an article posted on its official Wechat account, the ministry said that the Office of Tailored Access Operations of the United States’ National...

Toronto, Canada, Sep 19 (EFE).- US carmaker Ford Motor and the Canadian union Unifor announced late Tuesday that they have reached a tentative contract agreement for the next few years. File photo of Ford workers. EFE-EPA/Kai Försterling The agreement now has to be ratified by the around 5,600 Ford workers...

America Desk, Sept. 19 (EFE) – Argentina’s far-right candidate Javier Milei’s proposal to dollarize Argentina has once again brought the dollarization debate to Latin America. Countries like Panama, El Salvador, and Ecuador have adopted the US currency for years, and others like Cuba and Venezuela have solid underground markets. In...