Finance & Economics | WPN World People News

The United States and Mexico plan to hold talks within 90 days to discuss U.S. concerns that imports of Mexican fruits and vegetables could be harming U.S. farmers.

On September 2th, the Executive Board of the International Monetary Fund (IMF) completed the fifth review under the three-year Extended Credit Facility (ECF) arrangement for the Islamic Republic of Mauritania.

ollowing the introduction of COVID-19 containment measures across the world since March 2020, real gross domestic product (GDP) in the OECD area showed an unprecedented fall, by (minus) 9.8%, in the second quarter of 2020, according to provisional estimates. This is the largest drop ever recorded for the OECD area, significantly larger than the (minus) 2.3% recorded in the first quarter of 2009, at the height of the financial crisis.

The Ministry of Planning and International Cooperation and the World Bank virtually signed on Aug. 23rd. 2020 a US$8.8 million grant agreement to support Jordanian municipalities affected by the influx of Syrian refugees to scale-up their delivery of services and employment opportunities to Jordanians and Syrians. The grant will also contribute to offset the adverse impact of the COVID-19 pandemic on the delivery of municipal services in Jordan.

Tourists in India take an elephant ride at the Amber Fort, outside of Jaipur.

A SafeBoda rider and market vendor use the SafeBoda app to deliver food and supplies during the COVID-19 lockdown in Kampala, Uganda.

European markets are mostly lower Tuesday in a reversal of the strong gains posted hours earlier in Asia.

London’s FTSE index is 0.1% lower at the midday point. The CAC-40 index in Paris is up 0.1%, and Frankfurt’s DAX index is down 0.4%.