Economy
Gandhinagar, India, Jul 18 (EFE).- The G20 Finance Ministers and Central Bank Governors meeting concluded on Tuesday without a joint agreement on fundamental issues or a consensus on relief to severely indebted nations. The host country India presented a statement, instead of a joint statement, on the issues addressed in...
New Delhi, Jul 18 (EFE).- Indian billionaire Gautam Adani, accused of stock market fraud, was confident on Tuesday of his innocence as a committee of experts formed by the Supreme Court to investigate the case found no evidence of manipulation in its preliminary report. “While SEBI (Securities and Exchange Board...
Mexico City, Jul 17 (EFE).- Latin American investment in Spain has been steadily growing year after year, with Mexico and Argentina leading the way and technology, real estate and finance currently the most attractive sectors. More than 500 Mexican companies have set up business operations in Spain and a total...
By David Asta Alares Gandhinagar, India, July 17 (EFE).- The G20 finance ministers and central bank governors began a two-day meeting on Monday to work on the reform of multilateral development banks and achieve agreements on the global debt crisis. «Addressing critical global issues such as strengthening the Multilateral Development...
Gandhinagar, India, July 16 (EFE) – US Treasury Secretary Janet Yellen expressed her willingness to collaborate with China on mutual interests, including debt restructuring for emerging economies, and other global challenges. Yellen made the statement during a meeting of finance ministers and central bank governors from the world’s top 20...
Quito, Jul 13 (EFE).- Ecuador concluded in May the largest debt-for-conservation swap in history with the goal of protecting the unique ecosystem of the Galapagos Islands, demonstrating, according to Foreign Minister Gustavo Manrique, that the Andean nation is «as rich as any rich country in the world, with the difference...
Brasilia, Jul 13 (EFE).- President Luiz Inacio Lula da Silva said Thursday that Brazil should transform government-owned buildings currently sitting empty into social housing for the poor. «The state should feel obliged to make reparation so people have access to a house,» he said at the presidential palace before signing...
Guadalajara, Mexico, Jul 12 (EFE).- The agave landscape of the western Mexican state of Jalisco and that region’s tequila facilities marked 17 years on the UNESCO World Heritage List on Wednesday. But a rapid rise in demand for that distilled alcoholic beverage over the past decade has triggered an increase...
United Nations, Jul 12 (EFE).- United Nations Secretary-General Antonio Guterres has offered Russia assistance in facilitating financial transactions in a bid to secure Moscow’s support for extending the accord that has allowed Ukraine to export more than 30.2 million tons of grain since July 2022, the UN said Wednesday. «As...
New Delhi, Jul 11 (EFE).- India’s Health Minister Mansukh Mandaviya said Tuesday that the government has recently taken measures against 105 pharmaceutical companies for not meeting quality standards. This measure comes after the deaths of dozens of children in several countries linked to the consumption of cough syrups by Indian...
Dhaka, July 11 (EFE).- Bangladesh Tuesday began trading with India in Indian rupees following an unprecedented deal to reduce pressure on its reserve currency amid a severe dollar crisis. Calling the event «historic», Bangladesh Bank governor Abdur Rouf Talukder, who launched the trading at an event hosted by the High...
Seoul, Jul 10 (EFE).- South Korean Unification Minister Kwon Young-se said Monday that North Korea continues to suffer a grave food crisis despite the regime having recently increased grain imports from China. «North Korea’s food crisis stabilized a little bit after the North Korean leadership made efforts for food imports...
