Stories for April 24th 2020

Friday, April 24th 2020 - 08:55 UTC
IMF holding productive talks with Argentina; expects an accord with private creditors can be reached

The International Monetary Fund’s discussions with Argentina have been very productive and the fund is willing to do whatever it can to help get the Argentine economy back on a solid footing, an IMF official told reporters.
Friday, April 24th 2020 - 08:45 UTC
Falklands faces fishing markets paralyzed on COVID-19 impact

The impact of COVID-19 on the seafood market and industry operations has been severe, confirmed fishing industry executives and a spokesperson for the Falkland Islands Fishing Companies Association (FIFCA).
Friday, April 24th 2020 - 08:42 UTC
Falklands/Chile commercial airlink will remain suspended until June

While the Atlantic Airbridge between the Falkland Islands and Brize Norton continues to service normally and is crucial for sending swab tests to labs in the UK, the two commercial flights to the Islands, one from Chile and the most recent from Brazil remain suspended.
Friday, April 24th 2020 - 08:40 UTC
Falklands' fishing companies must deal with higher costs and falling prices for produce

The Falkland Islands Fishing Companies Association, FIFCA, Secretary James Bates said the sector faced difficulties and increased costs in the logistical and operational areas of the fishing businesses.
Friday, April 24th 2020 - 08:33 UTC
Brazil's Justice minister Moro threatens to resign if Bolsonaro changes head of the Federal Police

Brazilian Justice Minister Sergio Moro has threatened to resign if President Jair Bolsonaro goes ahead with plans to change the head of the federal police, according to reports in the daily O Estado de Sao Paulo. Moro insists it is the Justice minister that must appoint the Federal Police chief.
Friday, April 24th 2020 - 08:30 UTC
2019 was the hottest year in history across Europe; records shattered by heat waves

Last year was the hottest in history across Europe as temperature records were shattered by several extreme heatwaves, the European Union's satellite monitoring surface said. In its annual report on the state of the climate, the EU's Copernicus Climate Change Service (C3S) said that 11 of the continent's 12 warmest years on record have been since 2000 as greenhouse gas emissions continue to rise.
Friday, April 24th 2020 - 08:28 UTC
Swiss pharma giant warns about unreliability of blood tests to check for COVID-19 antibodies

Some blood tests being marketed to tell people if they have had the new coronavirus are a “disaster”, Roche Chief Executive Severin Schwan said as he prepares to launch the drug maker's own antibody test next month.
Friday, April 24th 2020 - 08:28 UTC
Brazil's Real remains at record low: overstretched budget and another interest rate cut next week

Brazil's Real eyed a fresh record low on Thursday, while other Latin American currencies were muted as markets mulled over increasingly dire economic readings due to the coronavirus.
Friday, April 24th 2020 - 08:25 UTC
With oil royalties plummeting, Rio state challenged by investment funds

Already grappling with one of Brazil’s most severe outbreaks of the novel coronavirus and a budget deep in the red, Rio de Janeiro state faces a potential threat to its solvency at the hands of investment giants PIMCO and Dodge & Cox.
Friday, April 24th 2020 - 08:13 UTC
Falklands introduces significant restrictions on constitutional rights and movements for twelve months

The Falkland Islands Executive Council considered this week two reports regarding further legislative proposals responding to the challenges posed by COVID-19. ExCo addressed the provisions put in place in the UK, including the Coronavirus Act 2020, and other laws.