Economy & Business

Rogelio Jiménez Pons, director of Fonatur, points to photos of a planned train through the Yucatan Peninsula, during an interview in Mexico City, Monday, March 18, 2019.
Change is one of first major cutbacks to one of the flagship projects put forward by President Andres Manuel Lopez Obrador, whose infrastructure plans have drawn skepticism from influential sections of the business community
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By Reuters
June 19, 2019
Pop.Up Next, a prototype designed by Audi, Airbus and Italdesign is displayed at the Amsterdam Drone Week in Amsterdam, Netherlands, Tuesday, Nov. 27, 2018.
Airbus ramping up production of more than 640 refrigerator-sized satellites for start-up telecoms services provider OneWeb at a facility in Florida
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By Reuters
June 18, 2019
FILE - In this May 16, 2019 photo, European Central Bank President Mario Draghi arrives for a meeting of Eurogroup Finance Ministers at the European Council headquarters in Brussels.
The European Central Bank's president says that the bank is ready to cut interest rates and could re-start its bond purchase stimulus if the economy needs it
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June 18, 2019
Hungarian State Secretary for Economic Strategy László György, left, cuts a ribbon, styled after the Hungarian flag, as Ambassador László Szabó, center, looks on at the opening ceremony of a business promotion center in Washington, June 12, 2019.
A new campus on grounds of Hungarian embassy in Washington DC will foster business promotion and development
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June 18, 2019
FILE - A woman checks her phone next to a poster promoting a project of the Belt and Road in Colombo, Sri Lanka at China International Fair for Trade in Services in Beijing, China, May 28, 2019.
Long-delayed report said Belt and Road projects - ports, railways, roads, bridges and other investments connecting China to Europe via central and southern Asia, could lift 32 million people out of poverty if implemented fully
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By Reuters
June 18, 2019
Palestinian women walk past a money changer in the West Bank city of Ramallah, Feb. 16, 2010.
Development follows suspension of hundreds of millions of dollars of US aid, leaving Palestinian Authority $3 billion in debt
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By Reuters
June 18, 2019
FILE - A man walks on the San Esteban de Pravia seafront in Asturias region, Spain, Nov. 18, 2018.
But for many locals and development experts, these villages — where an entire hamlet of several houses can be bought for less than 100,000 euros ($113,000) — are a sign of unchecked demographic decline and flawed economic policy
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By Reuters
June 18, 2019