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World 23 Oct 2020 | 12:26 AM

Lower oil demand likely to persist beyond 2021 due to COVID-19 pandemic: World Bank

WASHINGTON, Oct. 22 (Xinhua) -- While metal and agricultural commodities have recouped their losses from the COVID-19 pandemic and are expected to make modest gains in 2021, energy prices, despite some recovery, are expected to stabilize below pre-pandemic levels next year, the World Bank said Thursday.

World 22 Oct 2020 | 5:25 AM

Bolivia to see trade deficit for sixth year in a row

LA PAZ, Oct. 21 (Xinhua) -- Bolivia is expected to register a trade deficit in 2020 for the sixth consecutive year amid the novel coronavirus (COVID-19) pandemic and falling commodities prices, leading experts to recommend diversifying exports to reduce the gap in coming months.