Economy
Kabul, March 2 (EFE).– Daily life in Kabul continued Monday, for the fourth consecutive day, under the shadow of the night bombings due to the war with Islamabad and the panic of shortage among residents due to the closure of the trade routes with Pakistan and the instability of neighboring...
Panama City, Feb 23 (EFE).- Panama’s government took control Monday of two Canal-adjacent ports after revoking the concession held by a subsidiary of the Chinese conglomerate CK Hutchison via a final court ruling. The Panama Maritime Authority (AMP) «took possession of its ports today and will guarantee» the operation of...
New Delhi, Feb 21 (EFE).- Indian Prime Minister Narendra Modi and Brazilian President Luiz Inácio Lula da Silva signed a cooperation and technical investment agreement on Saturday to jointly explore and develop critical minerals, aiming to secure strategic supplies of rare earths, lithium, and niobium essential for their technological ambitions....
By Natalia Kidd Buenos Aires, Feb 20 (EFE) – Tens of thousands of jobs lost in the private and public sectors and high levels of informal employment paint a bleak picture as Argentina debates unprecedented labor reforms. According to the latest official data available, Argentina’s unemployment stood at 6.6% in...
Washington, (EFE).- The United States President Donald Trump announced on Friday that he will impose a 10% global tariff, three hours after the Supreme Court partially nullified his existing tariffs. He pointed out such tariffs would go into effect «three days from now» and under the authority of a 1974...
Washington (EFE).- The United States Supreme Court ruled on Friday that the government overstepped with the emergency powers invoked by President Donald Trump to impose tariffs on many of the country’s trading partners, in a major blow to the president’s tariff policy. With a clear 6-3 majority, the conservative-dominated Supreme...
By Alejandra Arredondo Austin, US, Oct 24 (EFE).- Leaders of the agricultural industry in Texas rejected United States President Donald Trump’s idea to increase meat imports from Argentina to reduce high prices for these products in the US. According to US media reports, Trump, whose administration extended a 20 billion...
New York, US (EFE).— Oracle co-founder Larry Ellison became the world’s richest person on Wednesday after a surge in the company’s stock boosted his net worth to 393 billion dollars, according to the Bloomberg Billionaires Index. Ellison, 81, who serves as Oracle’s chairman and chief technology officer, saw his fortune...
Washington, Aug 4 (EFE). – United States President Donald Trump announced Monday that he will increase tariffs on Indian exports because the country continues to buy Russian oil. “India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on...
By Christian Sandoval America Desk (EFE).- New tariffs imposed by United States President Donald Trump’s administration on coffee imports are shaking Latin America’s coffee industry, threatening key export economies like Brazil, Colombia, and Mexico just as US retail prices reach an 8-dollar-per-pound record. The measures, taking effect Aug. 1, aim...
Bangkok, May 26 (EFE).— Vietnamese low-cost carrier VietJet Air signed an agreement on Monday with European aerospace giant Airbus to purchase 20 A330-900neo wide-body aircraft, coinciding with the visit of French President Emmanuel Macron to Hanoi as part of his Southeast Asia tour. VietJet President Nguyen Thi Phuong Thao signed...
Washington, Apr 23 (EFE) – Treasury Secretary Scott Bessent said Wednesday that the United States would seek a significant overhaul of the International Monetary Fund and the World Bank. “The IMF and World Bank serve critical roles in the international system,” Bessent said, adding that “President Donald Trump Administration is...
