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Economy

Havana, Oct 11 (Prensa Latina) The tightening of the economic, commercial and financial blockade imposed by the United States against Cuba has caused millions in losses to Cuba's tobacco industry, according to an official source.


London, Oct 11 (Prensa Latina) The International Energy Agency (IEA) today lowered its estimate of global oil demand growth by 2020, due to reduced expectations of the world economy.


FotosPL: Yolaidy Martínez

Beijing, Oct 11 (Prensa Latina) China reported today that it will lift about 95 percent of its poor population out of extreme poverty by the end of this year, and confirmed that it will completely erradicate poverty in 2020.


Quito, Oct 10 (Prensa Latina) The Confederation of Indigenous Nationalities of Ecuador (CONAIE) on Thursday denounced the death of participants in the week-long nationwide general strike against the economic measures adopted by the government.


Port-au-Prince, Oct 10 (Prensa Latina) The Haitian government today described the country's economic situation as 'catastrophic' and suggested that this was linked to the strong protest movements of recent months.


Rome, Oct 10 (Prensa Latina) Italian Foreign Minister Luigi Di Maio highlighted today the close links and good prospects for collaboration between his country and the Latin American and Caribbean nations.


Washington, Oct 10 (Prensa Latina) The likelihood of a recession in the US economy has increased markedly in recent months, according to the minutes of the last Federal Reserve (Fed) monetary policy meeting released Wednesday.


Paris, Oct 10 (Prensa Latina) United States economic sanctions against the European Union, approved by the World Trade Organization (WTO), will generate losses of one billion per year for French companies, Euler Hermes forecast on Thursday.


Quito, Oct 10 (Prensa Latina) Ecuador's National Transit Agency (ANT) confirmed the increase in urban transport fares in all regions of the country where this service is offered.


FotoPL: Frank Gonzalez
Rome, Oct 10 (Prensa Latina) The representative of Cuba before the IX Italy-Latin America and the Caribbean Conference, Armando Rodríguez, denounced here today the economic, commercial and financial blockade imposed by the United States against his country for almost six decades.


Beijing, Oct 10 (Prensa Latina) China and the United States are starting a new round of negotiations on Thursday, with the difficult objective of settling the differences that unleashed their trade war in 2018, and amid a tense context due to Washington's recent moves.