Economy

Bangkok, May 23 (EFE).- Singapore authorities reported Thursday that the economy rose 2.7 percent year-on-year in the first half thanks in part to sectors related to tourism, which experienced an improvement due to Taylor Swift’s and Coldplay’s concerts. The city-state’s commerce ministry said in a report that GDP growth was...

Beijing/Shanghai, China, May 22 (EFE).- China is considering raising temporary extra tariffs on imported vehicles with large displacement engines in response to recent levies announced by the United States and an ongoing anti-subsidy probe by the European Union on Chinese electric vehicles. In a statement released on Wednesday, the Chinese...

Washington, May 14 (EFE).- The United States does not rule out additional tariffs if China begins to manufactures electric vehicles in Mexico, US Trade Representative Katherine Tai said on Tuesday. During a press conference at the White House, Tai referred to plans by Chinese companies to set up manufacturing plants...

Data theft affects millions Islamabad, Mar 27 (EFE) – An investigation has revealed that personal information of more than 2.7 million Pakistanis has been “stolen” from the records of a government-run body that regulates the database of citizens. A government official said on Wednesday that a team was formed to...

Islamabad, Mar 20 (EFE).- Pakistan and the International Monetary Fund (IMF) reached a staff-level agreement under which, if approved, the debt-ridden South Asian economy will get a disbursement of $1.1 billion, the global lender said Wednesday. A vendor waits for customers at a grocery shop in Peshawar, Pakistan, 08 June...

New Delhi, Feb 26 (EFE).- Indian farmers called for a “tractor chain” to create a blockade around New Delhi on Monday, as part of the massive agrarian protests underway for almost two weeks demanding minimum support prices (MSP) for their crops. “A program to take out a ‘tractor chain’ has...

New Delhi, Feb 22 (EFE).- Social media platform X said Thursday that an «executive order» had been issued by the Indian government requiring the platform «to act on specific accounts and posts,» amid tense farmer protests in the country. «The Indian government has issued executive orders requiring X to act...

Taipei, February 22 (EFE).- The United States has approved the possible sale of an advanced military data link system upgrade to Taiwan, the first acquisition of this type following Taipei’s January election, the island’s government confirmed Thursday. In a statement, Taiwan’s foreign ministry said it received formal notification from the...

New Delhi, Feb 16 (EFE).- Farmers in India began a nationwide strike on Friday to demand a law that would guarantee better prices for crops while their associations held negotiations with the government. Punjabi farmers hold flags while sitting atop their vehicle on the third day of ‘Delhi Chalo’ (On...

Mexico City, Feb 15 (EFE). – Freight transport organizations paralyzed Mexico’s highways on Thursday with a national strike called to denounce the increase in violence by organized crime, which in 2023 caused them losses estimated at 7 billion pesos (more than $400 million). After the National Chamber of Freight Transportation...

Madrid, Feb 15 (EFE).- Farmers in Spain continued a nationwide protest for the 10th day on Thursday with a large rally outside the Ministry of Agriculture, Fisheries and Food in the capital Madrid. Farmers are demanding changes to the European Union’s Common Agricultural Policy (CAP) and calling on the local...

New Delhi, Feb 15 (EFE).- Indian farmers, who have been trying to reach the capital New Delhi for three days with a protest march to demand guarantees of minimum support prices for their crops from the government declared a temporary truce on Thursday as they waited for their leaders to...