Xinhua world economic news summary at 0900 GMT, Aug. 9

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SARAJEVO -- The foreign trade volume of Bosnia and Herzegovina (BiH) in the first six months of 2020 amounted to 13.3 billion KM (around 8 billion U.S. dollars), down 17 percent year-on-year, the official FENA news agency reported Saturday citing an analysis of the country's Foreign Trade Chamber.

Specifically, BiH's total export and import volume contracted by 15.3 percent and 18 percent year-on-year respectively, the analysis showed. (BiH-Foreign Trade-Down)

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BUENOS AIRES -- The Argentine government announced on Saturday that it would deliver an economic subsidy to relatives of people who have died from the novel coronavirus.

The decree, published on Saturday on the Official Gazett, grants 15,000 pesos (about 206 U.S. dollars) to the relatives of the victims, who were unemployed or working in the informal economy at the time of their deaths.

The subsidy will also be disbursed if the victims were self-employed or received other social assistance. (Argentina-Economic Subsidy-COVID-19)

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WASHINGTON -- U.S. President Donald Trump on Saturday signed a series of executive orders to extend certain COVID-19 economic relief after negotiations between Republican and Democratic lawmakers fell apart.

One of the president's four orders will extend extra unemployment benefits through the end of the year at a reduced level of 400 U.S. dollars per week, instead of the 600 dollars approved by Congress in late March, which expired at the end of July. (US-Trump-Executive Order-Relief)

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NAIROBI -- Kenyan President Uhuru Kenyatta said Saturday the country's tourism sector, worst hit by COVID-19 was now on a recovery path after months of slump.

Kenyatta, who spoke during a virtual meeting with elite Kenyan marathoner Eliud Kipchoge, expressed satisfaction with the measures being taken by stakeholders in the hospitality sector to protect tourists from the pandemic. (Kenya-Tourism-Recovery) Enditem

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