The World Travel and Tourism Council (WTTC) revealed through a report the figures released of the contribution that the tourism sector offers to the world Gross Domestic Product (GDP) showing a fall of 49.1 % in 2020, the half of the figures expressed in 2019.
According to the annual report, the…
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health crisis
Oil price rises after Chinese industrial production increase
Oil prices rose on Tuesday after the growth reached by China's industrial production and the prospect of hurricanes that threaten the Gulf of Mexico which could also affect demand.
"Expectations about a vaccine against Covid-19 and…
Ecuador’s economy could contract up to 9.6%
The Central Bank of Ecuador expects the country's Gross Domestic Product (GDP) to contract by a range of between 7.3% and 9.6% this year, as a consequence of the health and economic crisis of the pandemic.
The issuing institute detailed…
Venezuela bets on a new world order at the NAM conference
The President of Venezuela, Nicolás Maduro, called for the establishment of a new world order based on solidarity and multilateralism at the virtual summit of the Non-Aligned Movement (NAM).
During the meeting and through a…