The agreement between the Organization of Petroleum Exporting Countries (OPEC) and non-member countries to bolster the recent fall in oil prices is expected to lead to a cut in Angolan oil production to around 1.1 million barrels per day.
Economy
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The Assembly of the Republic (AR) today approved the Economic and Social Plan (PES) and the State Budget (OE) for 2020, giving the government the green light to carry out its governance plans.
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The country was the epicenter of the new coronavirus, which forced the closure of industries and businesses.
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US electric car company Tesla announced Thursday (April 16) that it opened its first online flagship store on China’s leading e-commerce platform Tmall.com. This came about one week after the …
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OPEC anticipates a “historic” collapse in world oil demand in 2020 due to widespread economic paralysis by COVID-19, confirming this Thursday (16) “a historic, brutal, extreme and planetary shock” in …
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2020 President João Lourenço recently joined 17 other Heads of State and Government from African and European countries in an initiative to support the debt moratorium, called “Appeal for Action”.
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MEPs are going to vote on a resolution this Thursday in which they welcome “the measures adopted so far”, but ask for the addition of so-called “recovery bonds”, long-term debt securities.
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Minister for Labor, Solidarity and Social Security said in Parliament that there are currently 353,000 people registered as unemployed in employment centers. The increase of unemployed registered in the first …