![The end of the oil war gives hope for the devastated global economy](https://www.eluniversal.com.mx/resizer/v2/KVUZ3TRCQJHZZLNAFMNPLWOY4Q.jpg?auth=ee0570b445cdd1c657837fc3662f77ffea135135722db0915662f35512149faa&smart=true&width=370&height=267)
A week of bilateral negotiations and four days of video conferences were needed to reach the agreement to cut world production in 9.7 mbd encouraging oil price recovery
A week of bilateral negotiations and four days of video conferences were needed to reach the agreement to cut world production in 9.7 mbd encouraging oil price recovery
Mexico, a developing country, will have to work harder to register economic growth once again
Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s
The World Bank has issued a new report titled “The Economy in the Time of COVID-19”
All the Mexicans are already in isolation and in stable conditions
Trump announced his country will help Mexico to fulfill an agreement that established all countries must cut their oil output to stabilize the market
The precarious stability that the world had until 2019 is rapidly disappearing due to the coronavirus pandemic and the economic crisis
Amid the COVID-19 pandemic, Mexico has focused on the poor and ignored the business sector
The federal government also labeled e-commerce platforms and courier services as essential