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Economy

Caracas, Nov 7 (Prensa Latina) Venezuelan state oil company Petroleos de Venezuela (PDVSA) has reversed the decrease in oil production after reporting a daily average of 893,000 barrels in the first days of this month, the company reported.


Madrid, Nov 7 (Prensa Latina) The European Commission (EU) on Thursday downscaled its forecast for Spain's GDP growth this year to 1.9%, from the previous estimate of 2.3%.


Madrid, Nov 7 (Prensa Latina) The Government of Spain informed its companies established in Cuba that it will challenge all lawsuits from the United States, following Washington's tightening of the economic blockade against the island, it was reported today.


Djakarta, Nov 7 (Prensa Latina) The flow of foreign direct investment (FDI) to the members of the Association of Southeast Asian Nations (ASEAN) increased for the third consecutive year and already exceeds the record of 155 billion dollars set in 2018.


Photo: Presidency Cuba
Havana, Nov 7 (Prensa Latina) Cuban President Miguel Diaz-Canel met with heads of delegations, Cuban and foreign business representatives participating in the Havana International Fair, FIHAV 2019, currently in its 37th edition.


Brasilia, Nov 6 (Prensa Latina) Former Brazilian president Dilma Rousseff warned that the current government is selling off the country's future with an auction of several oil blocs, which will do unprecedented damage to national sovereignty.


Text and PhotosPL: Roberto F. Campos
Havana, Nov 6 (Prensa Latina) The launch this week of a luxurious and very expensive Cuban rum under the brand 'Havana Club 1519' is today eagerly awaited by those attending the 37th Havana International Fair (FIHAV 2019).


Text and PhotosPL: Nestor Marin
London, Nov 6 (Prensa Latina) The World Travel Market (WTM), one of the leading tourism fairs in the world, concludes on Wednesday in London with positive results for Cuban tour operators and hotel chains.


Beijing, Nov 6 (Prensa Latina) China on Wednesday ratified its support for the draft resolution that Cuba will submit to the United Nations to demand an end to the United States blockade, and condemned the permanence and tightening of that policy, despite global rejection.


By Fausto Triana

Havana, Nov 6 (Prensa Latina) Immersed in the largest event of its type, the Havana International Fair, the Cuban capital is seeking to close 2019 with a hopeful view towards the future, including trade, investment and the celebration of its 500 years of existence.