Economy

By Jon Martin Cullell Petrolina, Brazil, Aug 16 (EFE).- A corner of Brazil near the Sao Francisco River is home to a wine region whose uniquely favorable climatic conditions make it harvest week nearly all year long. Located within the vast, arid Sertao of northeastern Brazil, that region is located...

La Paz, Aug 15 (EFE).- Women have gained ground in Bolivian technology startups since last year and now account for around four of every 10 positions in those firms, the La Paz-based Emprender Futuro Foundation said Tuesday. In remarks to Efe coinciding with the presentation of her organization’s latest «Map...

By Ana de Leon Cerro La Vieja, Panama, Aug 15 (EFE).- Jaime Navarro had doubts seven years ago when he gave up cattle-ranching in favor of raising butterflies, but now sees himself as a pioneer in one of Panama’s emerging industries. Navarro had been struggling for several years even before...

Quito, Aug 14 (EFE).- Indigenous people and environmentalists set out Monday on a tour of a dozen Ecuadorian cities to urge a «yes» vote in the Aug. 20 referendum on ending oil production inside a national park in Amazonia. «We find ourselves here today because we are going to start...

Bangkok, Aug 14 (EFE).- At least 36 people have gone missing following a landslide in a jade mine in northern Myanmar, rescue teams confirmed to EFE on Monday. Miners were digging for jade on the mountainside on Sunday when they were struck by the landslide, a remote mountainous area in...

Baghdad, Aug 13 (EFE).- Iraqi authorities on Sunday lifted a week-long blocking of messaging app Telegram in the country, which it said it had imposed for reasons related to national security and the leaking of user data. A photo illustration shows the logo of social media messaging application Telegram on...

Washington DC, Aug 11 (EFE).- The hypothetical fight between Elon Musk and Meta CEO Mark Zuckerberg will be held in «an epic location» in Italy following an agreement with the Italian government, the Twitter owner said on Friday. “Everything in camera frame will be ancient Rome, so nothing modern at...

Washington, Aug 10 (EFE).- The United States Thursday sanctioned the former governor of the Central Bank of Lebanon, Riad Salameh, because his “corrupt and unlawful actions have contributed to the breakdown of the rule of law” in the West Asian country. The United Kingdom and Canada joined the US in...

Beijing, Aug 10 (EFE).- China on Thursday slammed restrictions imposed by the United States on American investments in Chinese technology companies and warned Washington that it will “resolutely safeguard” its rights and interests. “Restricting US companies’ investments in China with national security as a front is a clear act of...

Washington, Aug 9 (EFE).- President Joe Biden signed Wednesday an executive order that would place restrictions on United States investments in Chinese companies working with «sensitive technologies critical to national security.» The measure, which is subject to change before it takes effect in 2024, would apply to three sectors: semiconductors...

Washington, Aug 7 (EFE).- United States president Joe Biden on Monday announced he had signed into law a bill approving the first agreement negotiated under the US-Taiwan Initiative on 21st Century Trade to deepen economic cooperation with the island, and despite Chinese opposition. A motorist drives on an US flag...

Islamabad, Aug 7 (EFE).- Pakistan has postponed its multi-billion gas pipeline project with Iran until international sanctions on Iran are lifted, official sources said Monday. Minister of state for energy, Musadik Malik, said no date or deadline could be given to resume the project as the country would abide by...