Pakistan, IMF reach staff-level agreement for $1.1 billion disbursement

A currency dealer exchanges US Dollars in Peshawar, Pakistan, 16 May 2019. EFE-EPA FILE/BILAWAL ARBAB

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 2023. EFE-EPA FILE/BILAWAL ARBAB Last … Read more

Indian farmers organize ‘tractor chain’ to blockade capital

Indian farmers take part in a protest at Shambhu Haryana-Punjab border point, 250 kilometers from Delhi, India, 24 February 2024. EFE/EPA/FILE/RAJAT GUPTA

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 been decided. Tractors will be … Read more

India orders to suspension of X accounts amid farmers’ protest

An illustration pictures shows a user holding a mobile phone displaying the 'X' logo, in Los Angeles, California, US, 27 July 2023. EFE-EPA FILE/ETIENNE LAURENT

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 on specific accounts and posts, … Read more

Indian farmers hold strike amid talks with government over crop prices

Anti-riot police deployed to prevent Punjabi farmers from reaching Delhi, during the third day of 'Delhi Chalo' (On to Delhi!) farmers protest at the Haryana-Punjab border point in Shambhu, 250 kilometers north of Delhi, India, 15 February 2024. EFE-EPA/HARISH TYAGI

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 to Delhi!) farmers’ protest at … Read more

Freight organizations paralyze Mexican highways to denounce violence

Transporters block a highway on, February 15, 2023 in Acapulco (Mexico).EFE/David Guzmán

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 (Canacar) reported an increase of … Read more

Spain farmers’ protests enter 10th day with rally at agriculture ministry

Spanish farmers demonstrate in front of the Ministry of Agriculture building in Madrid, Spain, 15 February 2024. EFE/ Mariscal

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 and national governments to take … Read more

Germany overtakes Japan as world’s third largest economy

A pedestrian walks past a display showing closing information of the Nikkei Stock Average (R) and the foreign exchange rate between US dollar and Japanese yen (C) in Tokyo, Japan, 04 October 2023. EFE-EPA FILE/KIMIMASA MAYAMA

Tokyo, Feb 15 (EFE).- Germany surpassed Japan’s nominal gross domestic product (GDP) in 2023, pushing the Asian country to the fourth largest economy in the world, the government announced Thursday. The development followed many years of low growth and deflation as well as a depreciation of the yen. Japan’s nominal GDP, which measures the GDP … Read more

US to wait until April, when oil licenses expire, to decide on Venezuela

(FILE) Photograph of a vessel transporting fuels in Lake Maracaibo, Venezuela, 09 February 2024. EFE/ HENRY CHIRINOS

Washington, Feb 14 (EFE).- The United States will not decide whether or not to reimpose oil and gas sanctions on Venezuela until April, when the licenses expire, White House National Security Adviser Jake Sullivan said at a press conference on Wednesday. In October, the White House largely eased sanctions on Venezuela’s oil sector in response … Read more

Indian capital on war footing to keep out protesting farmers

Security personnel place barricades at the Ghazipur border in Delhi, India, 13 February 2024. EFE/EPA/Harish Tyagi

By Ujwala P and Hugo Barcia New Delhi, Feb 13 (EFE).- The roads entering the Indian capital of New Delhi on Tuesday donned a war look with barricades, barbed wires and a large deployment of security forces to keep out farmers of neighboring states, who are marching towards the city demanding pro-agrarian measures and safeguards. … Read more

Spain farmers protests enter 8th day; government to meet trade unions this week

Farmers block national highway 232 with their tractors near Arrubal, Spain, 13 February 2024. EFE/ Raquel Manzanares

Madrid, Feb 13 (EFE).- Farmers in Spain were holding their eighth consecutive day of demonstrations and road blockades on Tuesday. Similar protests have been held across Europe in recent weeks, with farmers angry at rising costs and cuts to European Union subsidies. The Spanish government has called the main agricultural organizations to a new meeting … Read more