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Economy

Egyptian government rejects incomplete deal on Ethiopian damCairo, Jul 9 (Prensa Latina) The Egyptian Ministry of Water Resources stressed that Egypt will reject any proposal for an incomplete agreement regarding the dam being built by Ethiopia on the Blue Nile, especially if it ignores its concerns, Ahram reported today.


China urges US to put belligerence aside and strengthen cooperationBeijing, Jul 9 (Prensa Latina) China called on the United States to stop betting on belligerance and return to the path of dialogue to foster cooperation in bilateral relations, which are going through their moments of greatest challenge.


Fight against Covid-19 demands multilateral actionGeneva, Jul 9 (Prensa Latina) The negative impact of Covid-19 in the global labor market and the consequent increase in poverty and hunger demand a multilateral action as the only effective solution against the pandemic.


Chilean chamber of deputies conducts historic voteBy Rafael Calcines Armas

Santiago, Chile, Jul 9 (Prensa Latina) After one of the most intense debates in recent times, the Chilean Chamber of Deputies approved the idea of legislating that citizens may have part of their pension funds.


United Nations, Jul 8 (Prensa Latina) The UN Secretary General Antonio Guterres requested on Wednesday to encourage responses that boost the economy and the creation of decent jobs to defuse the crisis caused by the Covid-19 pandemic.


Nairobi, Jul 8 (Prensa Latina) Nearly 50 million Africans are expected to join the ranks of extreme poverty due to the economic damage caused by the Covid-19 pandemic, the African Development Bank warned on Wednesday.


Geneva, Jul 8 (Prensa Latina) The director general of the International Labor Organization (ILO), Guy Ryder, warned on Wednesday that the work the world around has plunged into unprecedented crisis globally, as a consequence of the Covid-19 pandemic.


Brasilia, Jul 8 (Prensa Latina) Brazil's state-owned oil company of mixed economy Petrobras announced that a 5% of the price of a liter of gasoline sold at refineries will be readjusted as of Wednesday.


Rome, Jul 8 (Prensa Latina) FAO Director General Qu Dongyu thanked the European Union (EU) for its contribution to combatting the desert locust infestation in East Africa, the UN body reported here today.


Geneva, Jul 8 (Prensa Latina) The virtual World Summit called by the International Labor Organization (ILO) is bringing together heads of State and Government to analyze the impact and uncertainty generated by Covid-19 on the world of work.


Geneva, Jul 8 (Prensa Latina) The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, on Wednesday asked world leaders to design a comprehensive response against Covid-19, making emphasis on environmental protection.