Russian domestic tourism recovers in 2021
Russian domestic tourism recovered by 95 percent in the first half of 2021 compared to the same pre-Covid-19 period, the head of the Federal Tourism Agency, Zarina Doguzova, reported.
Dominican Republic maintains economic recovery
The Dominican Republic maintains a positive rate of economic recovery and is expected to end the year with a 6- or 7-percent growth, local media reported. According to Minister...
Cuba subjected to hybrid warfare for 60 years, Canadian experts say
An expert from a Canadian university expressed that the United States has imposed a hybrid warfare on Cuba that combines economic sanctions, a media offensive and terrorism, since the triumph of the...
US commercial crude oil reserves ramp up
US commercial oil reserves have ramped up in previous week for the first time since May, while gasoline and distillate fuel oil declined, the Energy Information Administration (EIA) reported.
Caribbean Development Bank provides US$5,3M for SVG volcano recovery
The Caribbean Development Bank (CDB) has approved financing of US$5,3 million for St. Vincent and the Grenadines (SVG) to support response to the La Soufrière volcanic eruption, regional media reported.
Mexico will keep its economy open despite rebound in Covid-19
Mexico is currently experiencing a rebound in the Covid-19 pandemic, but even with the risk level on the red, the government stated the economy will remain open. Both the...
Biden to attend supplemental APEC meeting on Covid-19
President Joe Biden will attend the virtual Asia-Pacific Economic Cooperation Forum (APEC) meeting to discuss urgent joint action against Covid-19 pandemic and resulting economic crisis. The unprecedented online talks...
Mexico to invest one billion dollars in hydroelectric plants
The Federal Electricity Commission (CFE) will invest one billion dollars to rennovate the country's 14 hydroelectric power plants, the state-owned company announced in a press release on Thursday. The...
OPEC estimates increase in oil demand
The Organization of Petroleum Exporting Countries (OPEC) estimated that the demand for crude oil will increase 4.8 percent in the second half of this year, and will continue to rise in 2022.
US unemployment rate rose by 5.9% in June
The United States registered a 5.9% unemployment rate in June, which accounts for 6.8 million fewer jobs compared to the same month of 2020, according to the Labor Department.
