Stories for April 2020

Monday, April 27th 2020 - 07:45 UTC
Collapse of Boeing deal plunges Brazilian plane maker Embraer into an uncertain future

Brazilian planemaker Embraer SA has been thrust into an uncertain future with no immediate plan B, while not ruling out seeking a bailout after Boeing Co jettisoned a US$ 4.2 billion commercial aerospace tie-up amid the coronavirus crisis.
Monday, April 27th 2020 - 07:40 UTC
New Interior minister in Peru following the Coronavirus death of 17 police officers

Seventeen police officers in Peru have died after contracting novel coronavirus while enforcing the nation's pandemic lockdown, officials and state media said. Authorities admitted earlier this week that at least 1,300 officers had been infected by COVID-19.
Monday, April 27th 2020 - 07:35 UTC
Boris Johnson back at Downing Street: several urgent challenging decisions awaiting

Prime Minister Boris Johnson returned to his Downing Street residence on Sunday after recovering from COVID-19, ready to take the helm again with pressure growing for the government to explain how it will ease a month-old coronavirus lockdown.
Monday, April 27th 2020 - 07:29 UTC
Russia building 69,700-ton nuclear powered icebreakers to keep the Northern Sea Route navigable year round

Russia pushes ahead with plans to ensure year-round navigation along the Northern Sea Route. The Leader-class icebreaker also referred to as LK-120Ya, will be twice as powerful as the country’s current nuclear icebreakers.
Monday, April 27th 2020 - 07:20 UTC
Galicia mussel production reached 255,514 tons and 112 million Euros last year

The Spanish region of Galicia makes merits every year to be considered a world power in aquaculture. And all thanks to the mussel grown in its 3,300 rafts. A product of which 255,514 tons were sold last year, generating revenues of almost 112 million Euros.
Monday, April 27th 2020 - 07:18 UTC
Chile preparing investments ”on Rails” for the day after COVID-19

Chile has approved US$ 1.9bn worth of railway investment between 2020 and 2022, including the US$ 1.3bn link planned between the capital, Santiago, and Melipilla, a city some 70km to the southwest.
Monday, April 27th 2020 - 07:05 UTC
Scotland salmon industry accused of overestimating its value and employment

The Scottish Government is being urged to suspend its support for increased production in the salmon farming sector. It comes as a new report claims the impact the industry has on employment and the economy has been hugely overestimated.
Saturday, April 25th 2020 - 08:58 UTC
COVID-19 K.O. for travel and tourism industry: 100 million jobs on the line

The Travel & Tourism sector faces a staggering 100 million jobs losses due to the COVID-19 pandemic, according to the World Travel & Tourism Council, WTTC. The startling figure, based on research from WTTC, has increased by over 30% in the last four weeks, indicating the sheer crisis affecting the sector.
Saturday, April 25th 2020 - 08:57 UTC
Brazil in turmoil following the resignation of Moro complaining of “political interference” from Bolsonaro

Sergio Moro, Brazil's justice and security minister resigned on Friday after clashing with President Jair Bolsonaro over the sacking of the federal police chief. Moro, a former anti-corruption judge, hit out at “political interference” in the federal police, saying he could not do his job without “autonomy” for the force.
Saturday, April 25th 2020 - 08:50 UTC
Brazilian stocks plunge 9.6% and the Real sets a new record low

Brazilian stocks sank as much as 9.6%, and the Real slid to new lows on Friday as political turmoil in the country added to mounting concerns over the coronavirus outbreak, while risk aversion ravaged Latin American markets.