Economy

By Macarena Soto and Alida Juliani Madrid, Jun 15 (EFE).- At the 40th edition of the King of Spain International Journalism Awards in Madrid on Thursday, the emphasis was on peace and the protection of democracy around the world, the event being marked by the work of journalists from Spain,...

Moscow, Jun 14 (EFE).- President Vladimir Putin assured Cuban Prime Minister Manuel Marrero here Wednesday that Russia will help Havana overcome economic woes due to the embargo the United States has maintained on the Communist-ruled island for nearly 63 years. «We, for our part, will do everything possible so that...

Washington, Jun 13 (EFE).- US Treasury Secretary Janet Yellen on Tuesday said that the recent agreement between Democrats and Republicans to raise the debt ceiling was reached «at the last minute,» just days before the date on which the government would have exhausted its available cash to pay current and...

New York, June 5 (EFE).- Tech giant Apple on Monday announced the launch of Vision Pro, a virtual reality aural and visual headset whereby users will be able to have VR and augmented reality (AR), also known as mixed reality, experiences. Hoping that it will be the most important product...

New Delhi, May 31 (EFE).- India’s gross domestic product grew at a 7.2 percent pace in the financial year that ended in March, official data showed Wednesday. The growth rate is slightly more than the estimates by financial experts but lower than the 9.1 percent India recorded a year ago....

Seoul, May 27 (EFE).- The man who opened the emergency door of a South Korean commercial plane before landing has told the police that he did so because he felt suffocated and wanted to get off quickly, according to media reports on Saturday. The man, who is in his thirties...

Cairo, May 25 (EFE).- Tugboats have freed a cargo ship after it briefly ran aground in Egypt’s Suez Canal in what was the latest in a series of similar incidents this year, the canal authority (SCA) said on Thursday. The Hong Kong-flagged Xin Hai Tong 23, which was coming from...

New Delhi, May 23 (EFE).- India will make it mandatory for exporters of cough syrups to analyze their samples in government laboratories before dispatch, authorities announced Tuesday. The move comes in the wake of the deaths of children in several countries linked to medicine from India. “The export of cough...

Sydney, Australia, May 23 (EFE).- Australia’s Qantas Group expects a record annual net profit of at least AU$2.48 billion (about $1.6 billion) as post-pandemic travel demand surges. The forecast, covering between July 1, 2022-June 30, 2023, would break the prior record set in 2018 at AU$1.56 billion. The airline’s recovery...

Hiroshima, Japan, May 20 (EFE).- The leaders of the G7 on Saturday discussed the various challenges posed by China, including the security situation in the Taiwan Strait and in the East China and South China Seas, economic reliance on Chinese goods and Beijing’s influence over Moscow with regards to the...

Islamabad, May 18 (EFE).- Pakistan and Iran on Thursday inaugurated a border market and an electricity transmission line at the Mand-Pishin border crossing point between the two countries. Pakistan’s Prime Minister Shehbaz Sharif and Iranian President Seyed Ebrahim Raisi jointly inaugurated the Mand-Pishin Border Sustenance Marketplace and the Polan-Gabd Electricity...

Beijing, May 17 (EFE).- China, whose ties with Central Asia have peaked in recent times, has announced that it would strengthen and increase air connections with countries in the region to boost communication and trade exchanges. The Civil Aviation Administration of China said on Tuesday evening that the central city...