Spain received 9 billion euros in UE aid

The European Union (EU) sent 9 billion euros to Spain as a first aid package to compensate the huge losses caused by Covid-19. This sum is part of the...

WTO confirms world trade recovery

Confirming the strength of the global trade recovery, the Goods Trade Barometer record high level on Wednesday, according to the World Trade Organization (WTO). The latest barometer reading of...

Covid-19 has worsened inequalities in Chilean society

The huge gap between social classes, which is typical in neoliberal Chile, has further widened during the Covid-19 pandemic, so the richest have become richer and the poorest have become poorer.

US billionaires’ wealth increases in pandemic times

US billionaires increased their wealth by 1.8 trillion dollars in Covid-19 times, which evidences the flaws in the country's economic and fiscal systems. According to the Institute for Policy...

Value of G20 merchandise trade at new high in Q2 2021

G20 merchandise exports and imports increased in Q2 2021, but showing a slowdown compared with those reported one month earlier, the Organization for Economic Cooperation and Development (OECD) reported.

China gathers opinions on stock market opening in Beijing

China began consulting citizens on the opening of a stock exchange in Beijing, to serve as a base for small and medium-sized enterprises (SMEs) dedicated to innovation. The Securities...

External sales of intermediate goods keep profits in the world

Global intermediate goods (IG) exports, such as parts and components, grew 20% year-on-year in Q1 2021, reported the World Trade Organization (WTO). According to a new WTO quarterly report...

Putin highlights that Russia’s economy is back on track

Russia's economic life is recovering from the Covid-19 pandemic and returning to its usual course, President Vladimir Putin said at the Eastern Economic Forum, in the city of Vladivostok.

LatAm faces insufficient labor market recovery

In the first quarter of 2021, about 76% of Latin American independent workers and just over a third of wage earners were in the informal sector, the International Labor Organization (ILO) reported...

OECD recommends Europe reform tax rules

 The Organization for Economic Cooperation and Development (OECD) recommended the European Union (EU) to re-evaluate fiscal rules to better guarantee sustainability of public finances and to enhance budgetary policies. In an economic...