Argentina sketched out its debt restructuring proposal to international creditors on Thursday, involving a three-year grace period, large coupon cuts and a smaller reduction in capital, as it looks to win over bondholders to a deal.
The 2019/20 tourist season is likely to be remembered as, “the one that fell off the cliff in March,” summed up Falkland Islands Tourist Board Executive Director Steph Middleton this week. But despite the impact of the pandemic it wasn’t all bad up until then confirmed, Mrs. Middleton and other industry members.
The coronavirus pandemic has infected over two million people and has caused the reported death of at least 144,250 deaths according to the latest info available from the the John Hopkins University daily update.
China’s economy shrank for the first time since at least 1992 in the first quarter, as the coronavirus outbreak paralyzed production and spending, raising pressure on authorities to do more to stop mounting job losses.
The Falkland Islands' patrol vessel HMS Forth crossed 850 miles of icy ocean to patrol the waters around the South Atlantic territory’s archipelago of South Georgia. The 2,000-ton ship arrived in the Falklands at the beginning of the year as the islands’ new patrol ship, replacing the smaller HMS Clyde.
UK's Shadow defence secretary John Healey caller for better protective gear and also military personnel should be given access to coronavirus tests, reports Forces Net.
Lockdown measures to slow the spread of the coronavirus outbreak in the United Kingdom will be extended for at least three more weeks. Wales’ First Minister Mark Drakeford announced the decision before Foreign Secretary Dominic Raab officially revealed the extension at the daily Downing Street briefing on Thursday.
A total of 9.1% of the United Kingdom defense workforce has reported as being absent from their usual place of work on Thursday due to reasons related to COVID-19. The figure, which equates to around 13,000 staff, includes personnel from both the regular and reserve force, according to the British Forces network.