Stories for May 11th 2020

Monday, May 11th 2020 - 19:49 UTC
End of nightmare for Greg Mortimer cruise crew members who begin their long journey back home

Finally a month after passengers were rescued and medically evacuated to Australia from Uruguay, the 89 crew which remained trapped in the coronavirus infested “Greg Mortimer” cruise have started their long return home.
Monday, May 11th 2020 - 08:40 UTC
Argentina expected to make official the extension of debt offer deadline

Argentina is preparing to extend the deadline to its debt offer to May 22. The government will publish an extension to its debt offer in the official Gazette this Monday, part of President Alberto Fernandez’s next steps in its debt restructuring after extending a deadline over the weekend for creditors to accept an initial offer to exchange $65 billion in overseas bonds.
Monday, May 11th 2020 - 08:40 UTC
Pandemic: Brazil reports over 11,000 deaths on Sunday and 162,699 positive cases

Brazil, the hardest-hit Latin American country in the coronavirus pandemic, has surpassed 11,000 deaths, according to figures released on Sunday by the Ministry of Health.
Monday, May 11th 2020 - 08:35 UTC
China and US clash over reference to WHO in a UN global cease fire statement

China and the United States both supported a draft United Nations Security Council resolution confronting the coronavirus pandemic on Thursday, and it was “shocking and regretful” that Washington changed its mind on Friday, a Chinese diplomat said.
Monday, May 11th 2020 - 08:31 UTC
Oil glut and lack of storage continues to weigh on oil prices

Oil prices opened about one percent lower on Sunday as a persistent glut continued to weigh on prices and COVID-19 eroded global oil demand even as some governments began to ease lockdowns.
Monday, May 11th 2020 - 08:28 UTC
Germany and EU will become less foreign dependent in medical industry, minister Altmaier

The coronavirus pandemic has shown Europe is too reliant on other countries for some medical supplies, and European states should work together to further diversify international supply chains, German Economy Minister Peter Altmaier said in an interview with global media.
Monday, May 11th 2020 - 08:20 UTC
Serious fist and stone incident in India-China border post in disputed area

Several Indian and Chinese soldiers were injured in a high-altitude cross-border clash involving fistfights and stone-throwing at a remote but strategically important mountain pass near Tibet, the Indian Army said on Sunday.
Monday, May 11th 2020 - 08:07 UTC
Netherlands aligns with “protectionist” French policy in trade deals conditions

France and the Netherlands have joined forces to urge the European Union to enforce environmental and labor standards more forcefully with countries the bloc signs trade deals with, according to a document anticipated by the Financial Times.
Monday, May 11th 2020 - 07:48 UTC
Unemployment will “get worse before they get better”, says Mnuchin

The staggering US unemployment rate reported by the government on Friday amid coronavirus lockdowns may get even worse, Treasury Secretary Steven Mnuchin said on Sunday.
Monday, May 11th 2020 - 07:36 UTC
UK schools and shops to begin opening June first; Outdoor exercises and some sports from Wednesday

British Prime Minister Boris Johnson on Sunday announced a phased plan to ease a nationwide coronavirus lockdown, with schools and shops to begin opening from Jun 1 - as long as infection rates stay low.