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.
Trade may help rebuild global economy, WTO says
The World Trade Organization (WTO) considered that trade is a key ingredient to rebuild a stronger and more inclusive global economy and reactivate progress towards the Sustainable Development Goals (SDGs).
Negocios seguros: una prioridad para la salud.
El alcalde de la ciudad de Toronto, John Tory, anunció recientemente que la urbe unió fuerzas con el Ministerio de Comercio Regional para proveer, de forma gratuita, a los medianos y pequeños...
Latin American tourism faces challenge in COVID 19 times
The Covid-19 health crisis is having a particularly strong impact on tourism in Latin America today, according to the latest global reports. Some Internet media and analytical institutions consider...
