Stories for May 7th 2020

Thursday, May 7th 2020 - 13:11 UTC
Venezuela television shows a captured US “terrorist” as part of a plot to oust Maduro

Venezuelan state television broadcast on Wednesday a video of captured American Luke Denman, in which he said he was instructed to seize control of Caracas' airport and bring in a plane to fly President Nicolas Maduro to the United States.
Thursday, May 7th 2020 - 13:10 UTC
Hundreds of activists in Buenos Aires demand food for soup kitchens

Several hundred activists blocked this week one of Buenos Aires' main avenues for hours to demand food for soup kitchens that feed hundreds of thousands in poor neighborhoods during the mandatory lockdown aimed at preventing the spread of the new coronavirus.
Thursday, May 7th 2020 - 13:09 UTC
Genetic analysis of COVID-19 samples suggest it is rapidly adapting to human hosts, UCL report

A genetic analysis of samples from more than 7,500 people infected with COVID-19 suggests that the new coronavirus spread quickly around the world late last year and is adapting to its human hosts, scientists said on Wednesday.
Thursday, May 7th 2020 - 13:04 UTC
Chile anticipates a glut of some 200.000/300.000 tons of copper in 2020

The global copper market is headed for a surplus of between 200,000-300,000 tons in 2020, the head of the miner Antofagasta told Chilean media, with operation halts at some mines offsetting depressed demand due to the coronavirus pandemic.
Thursday, May 7th 2020 - 13:01 UTC
Bank of England preparing new stimuli; economy could shrink 14% this year but bounce back 15% in 2021

The Bank of England said Britain could be headed for its biggest economic slump in over 300 years due to the coronavirus lockdown and kept the door open on Thursday for further stimulus.
Thursday, May 7th 2020 - 12:58 UTC
Chilean economy contracts 3.5% in March over a year ago

Chile’s economic activity dropped 3.5% in March from a year earlier, the central bank said. The bank’s IMACEC economic activity index declined 5.7% compared with the previous month, as the country went into an economic and social shutdown after the arrival in Chile of the new coronavirus.
Thursday, May 7th 2020 - 12:47 UTC
Restructuring Argentina’s Private Debt is Essential

By Joseph Stiglitz, Edmund S. Phelps, and Carmen Reinhart (*) – Argentina's creditors are being asked to accept a proposal that would reduce their revenue stream but make it sustainable. A responsible resolution will set a positive precedent, not only for Argentina but for the international financial system as a whole.
Thursday, May 7th 2020 - 10:42 UTC
Argentina has more reported cases of dengue (25.000) than of coronavirus (5,200)

Argentina officially has 5.208 COVID 19 confirmed cases with a death toll of 273 since the pandemic broke out. However the country is suffering from even more acute disease infection, the mosquito-transmitted dengue, with some 25.000 confirmed cases, and of which 5.601 in the last three weeks.
Thursday, May 7th 2020 - 07:58 UTC
Brazil, record number of coronavirus cases: 9.2% jump in one day to 125.218

Brazil, one of the world's emerging coronavirus hot spots, registered a record number of cases and deaths on Wednesday, prompting the health minister to flag the possibility of strict lockdowns in particularly hard-hit areas.
Thursday, May 7th 2020 - 07:56 UTC
US will use all options to free two Americans detained in Venezuela in an alleged failed mercenary attack

The United States will use all options to free two Americans said to be detained in a failed mercenary attack in Venezuela, Secretary of State Mike Pompeo said on Wednesday. “If the Maduro regime decides to hold them, we will use every tool that we have available to try to get them back,” Pompeo told reporters.