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Mexico predicts the tourism industry won’t recover until 2023
Miguel TorrucoMay 26, 2020 ET
Despite the reactivation of the economy that the Government is already preparing to kick off on June 1, the Mexican tourism industry, which contributes 8.7% of GDP, will not fully recover until 2023, predicted Miguel Torruco, head of the Ministry of Tourism (Sectur).
Russia vows to protect moon from privatization
Dmitri RogozinMay 26, 2020 ET
Russia will not allow the privatization of the Moon, the head of the Russian Space Agency, Roscosmos, Dmitri Rogozin, told the Russian newspaper Komsomolskaya Pravda.
Myanmar and China to check out trade good delays at border
Myanmar borderMay 26, 2020 ET
The Myanmar and Chinese authorities say traders are incurring losses due to restrictions at border gates and that field visits will be used to attempt to resolve the issues.
French crisis measures cost 450 billion euros
Bruno Le MaireMay 25, 2020 ET
French government measures to prop up the economy through the coronavirus crisis have cost 450 billion euros, the equivalent of 20% of GDP, the finance minister said on Monday.
EU foreign affairs chief calls for ‘more robust’ stance on China
Josep BorrellMay 25, 2020 ET
The European Union’s top diplomat has called for the bloc to have a more robust strategy toward China amid signs that Asia is replacing the United States as the centre of global power.
Lukashenko intends to discuss missile construction with China
Alexander LukashenkoMay 25, 2020 ET
President of Belarus Alexander Lukashenko expressed his desire to discuss possible cooperation in rocket construction with Chinese President Xi Jinping.
Iran, Turkey presidents call for reopening air, land borders
Hassan RouhaniMay 25, 2020 ET
President Hassan Rouhani said in a phone call with his Turkish counterpart Recep Tayyip Erdoğan on Sunday that the air and land borders of the two neighboring countries should reopen to resume trade ties and sharing experience on fighting coronavirus.
Kim Jong-un calls for greater nuclear war deterrence
Kim Jong-unMay 25, 2020 ET
North Korean leader Kim Jong-un, reappearing after three weeks out of the public eye, called for stronger “nuclear war deterrence” at a key military meeting, the country’s state media reported Sunday.
Commission approves €8 billion Austrian scheme to compensate companies
Austria streetMay 25, 2020 ET
he European Commission has found a €8 billion Austrian scheme to compensate companies for damages related to the coronavirus outbreak to be in line with EU State aid rules.
£1 billion for Trans-Pennine dualling transformation
A66May 24, 2020 ET
Major upgrades to a northern Trans-Pennine route are a step closer with the official preferred route announced for the £1 billion UK A66 upgrade.
Turkey imposes additional duties on steel imports
Turkey steelMay 24, 2020 ET
Turkish media reported that Turkey has imposed up to 14% additional duties on several types of steel imports to prevent a rise in steel imports into the country.
Estonia, Hungary and Czech Republic oppose fight against money laundering in EU
Czech streetMay 24, 2020 ET
A plan to boost European Union powers to curb the flow of dirty money through banks faced resistance at an EU meeting from member states recently hit by major money-laundering and financial fraud scandals, three officials told Reuters.
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