Stories for May 9th 2020

Saturday, May 9th 2020 - 08:58 UTC
Argentina extends mandatory lockdown in Buenos Aires and metropolitan area

After 50 days in mandatory lockdown, Argentina's President Alberto Fernández announced on Friday that the quarantine will be extended until May 24th.
Saturday, May 9th 2020 - 08:57 UTC
Argentina open to proposals from bondholders: default deadline stands at 22 May

Argentina will keep pushing for talks with creditors even as a deadline for its US$ 65 billion debt restructuring proposal passed on Friday with little sign it had the support needed from international bondholders to unlock a comprehensive deal. Apparently on averaged less than 20% of bondholders accepted Argentina's conditions
Saturday, May 9th 2020 - 08:56 UTC
Sao Paulo state with 41,000 Covid-19 cases extends stay-at-home measures

The governor of Sao Paulo, the Brazilian state at the epicenter of the coronavirus pandemic in Latin America, said on Friday he was extending stay-at-home measures until May 31, ignoring opposition from far-right President Jair Bolsonaro.
Saturday, May 9th 2020 - 08:54 UTC
Brazil's Real recovers slightly on commodities market optimism

Brazil's Real firmed for the first time this week, bouncing from last session's all-time lows, while most other Latin American currencies also strengthened on Friday on signs of easing tensions between the United States and China.
Saturday, May 9th 2020 - 08:50 UTC
COVID-19 wipes 20,5 million jobs in the US; unemployment soars to 14,7%

The COVID-19 lockdown wiped out 20.5 million jobs in the United States in April, destroying nearly all the positions created in the prior decade in the world's largest economy, the Labor Department reported on Friday.
Saturday, May 9th 2020 - 08:48 UTC
Despite Bolsonaro's promises, Amazon deforestation hits a new high in first four months of the year

Deforestation in the Brazilian Amazon hit a new high in the first four months of the year, according to data released on Friday, a worrying trend after the devastation caused by record fires last year.
Saturday, May 9th 2020 - 08:48 UTC
In April Mexico and Brazil produced 5,569 cars instead of half a million

Auto production in Mexico and Brazil, Latin America's top producers, plunged by an unprecedented 99% in April as a result of the coronavirus crisis, with the two countries building a total of just 5,569 vehicles.
Saturday, May 9th 2020 - 08:45 UTC
Falklands' schools and Leisure Center will be reopening next Monday

Falkland Islands schools in Stanley are making final preparations for reopening on Monday, May 11. Camp Education, an integral part of the schooling system also re-opens on the same day.
Saturday, May 9th 2020 - 08:40 UTC
Germany fears a hard Brexit, as UK moves away from political negotiations

German Foreign Minister Heiko Maas said in a newspaper interview on Saturday there was a growing risk of a hard Brexit in the midst of the coronavirus crisis as negotiations between Britain and the European Union so far on the future trade relationship had yielded hardly any progress.
Saturday, May 9th 2020 - 08:35 UTC
The Lancet claims Bolsonaro is the biggest threat to combat COVID-19 in Brazil

The biggest threat to Brazil's ability to successfully combat the spread of the coronavirus and tackle the unfolding public health crisis is the country's president, Jair Bolsonaro, according to the British medical journal The Lancet.