Stories for 2019

Wednesday, April 10th 2019 - 09:43 UTC
New York declares a public measles health emergency

New York's mayor has declared a public health emergency following a measles outbreak. The emergency warning covers certain postcodes in Brooklyn. All residents in the affected areas have been told to get vaccinated or face a fine.
Wednesday, April 10th 2019 - 09:39 UTC
Standard Chartered fined US$ 1,1bn for helping Iran and £102m to Britain's Financial Conduct Authority

Standard Chartered bank is being fined US$1.1bn for violating US sanctions against Iran and over inadequate financial crime controls The penalties, imposed in connection with a range of different investigations in the US and the UK, all date back to before 2014.
Wednesday, April 10th 2019 - 09:31 UTC
Brazil's scientists furious with budget cuts limiting research and “expelling the brightest from the country”

Brazil’s government has triggered fierce criticism from scientists after announcing plans to tackle economic stagnation by implementing a government-wide budget freeze that could see research funding cut by up to 42%.
Wednesday, April 10th 2019 - 09:27 UTC
Saudi's oil company Aramco plans to borrow US$ 12bn in its debut bond sale

Saudi Aramco is planning to borrow US$12 billion in its debut bond sale as the oil giant pulls off one of the most oversubscribed debt deals of all time. Investor orders for the dollar bonds reached an excess of US$100 billion at the peak on Tuesday, according to market experts
Wednesday, April 10th 2019 - 09:19 UTC
IMF cuts global 2019 growth; suggests rich countries should prop their economies

The International Monetary Fund on Tuesday cut its global economic growth forecasts for 2019 and warned growth could slow further due to trade tensions and a potentially disorderly British exit from the European Union.
Wednesday, April 10th 2019 - 09:07 UTC
China pledges to further open its economy in strategic talks with the EU

China on Tuesday said it would push further to open its economy and deepen ties with the EU, which has grown increasingly wary of Beijing's influence in Europe. EU Council president Donald Tusk hailed Beijing's new commitments at an EU-China summit in Brussels as a “breakthrough” with both sides committed to globalization and pursuing international rules.
Wednesday, April 10th 2019 - 08:53 UTC
New president says World Bank urgent challenges are addressing poverty and climate change

Newly-installed World Bank President David Malpass spent his first day at the global lender on Tuesday hammering home the message that the most urgent issue facing the bank is addressing global poverty. President Donald Trump's controversial pick to lead the bank appeared eager to distance himself from his past attacks on the institution and stressed the support he has received from developing nations and from staff.
Wednesday, April 10th 2019 - 08:47 UTC
Torrential rain kills ten in Rio and leaves the city in a state of emergency

Torrential rain left at least 10 people dead in Rio de Janeiro, officials said on Tuesday, as emergency workers rescued people trapped by the downpour and clean-up efforts gathered pace.
Wednesday, April 10th 2019 - 08:38 UTC
Mrs. May pleads support from Berlin and Paris for a Brexit extension deadline

British Prime Minister Theresa May toured Berlin and Paris on Tuesday to plead for an extension to the deadline for Brexit, which looked increasingly likely to be approved by EU leaders at a crunch meeting in Brussels.
Tuesday, April 9th 2019 - 20:07 UTC
Falkland Islands appoints new Representative in the UK

The Falkland Islands Government announced on Tuesday the appointment of Richard Hyslop as the new UK Representative, succeeding Sukey Cameron MBE who retires from the post in October 2019, after 36 years of service within FIG, 29 of which were as UK Representative.