Xinhua world economic news summary at 0900 GMT, Feb. 18
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TASHKENT -- The International Monetary Fund (IMF) said on Thursday that Uzbekistan's large support package was timely and well-targeted, though the COVID-19 pandemic has had "a marked, but so far relatively short-lived, adverse impact" on the country's economy.
The Uzbek authorities' strong policy reaction led to the country being among the few countries that showed positive overall economic growth in 2020, at a rate of 1.6 percent, the IMF said in a statement following a three-week remote mission in Uzbekistan. (Uzbekistan-IMF-COVID-19)
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BEIJING -- China's express delivery sector processed 660 million parcels during the week-long Spring Festival holiday starting Feb. 11, surging 260 percent over the same period last year, said the State Post Bureau.
More than 1 million couriers were on duty to ensure the efficiency of services, according to the bureau. (China-Courier service-Spring festival)
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LUANDA -- Angolan President Joao Lourenco on Wednesday iterated his government's commitment to establish and consolidate a society featuring the rule of law and a market economy.
Lourenco made the remarks at the opening of the 44th session of the board of governors of the International Fund for Agricultural Development held via videoconference. (Angola-Market economy)
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CHICAGO -- Chicago Board of Trade agricultural futures closed mixed on Wednesday, with corn rising slightly and wheat and soybean dropping.
The most active corn contract for March delivery rose 0.75 cent, or 0.14 percent, to settle at 5.53 dollars per bushel. May wheat plunged 13.5 cents, or 2.04 percent, to settle at 6.48 dollars per bushel. March soybean fell one cent, or 0.07 percent, to close at 13.8375 dollars per bushel. (US-Agricultural futures)
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ROME -- The coronavirus pandemic is changing the way Italian wine is sold, and analysts say it is unlikely to go back to the way it was once the virus is less of a threat.
Restaurants and bars -- normally the top domestic market for Italian wine -- have either been shuttered or been open for business for a dramatically limited period for most of the last year, starting when Italy became the first European country to declare a national coronavirus lockdown. (Italy-Wine industry) Enditem
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