Stories for June 5th 2020

Friday, June 5th 2020 - 11:04 UTC
Argentina extends quarantine to 28 June in metropolitan Buenos Aires

Argentina decided to prolong the quarantine linked to the COVID-19 pandemic until 28 June in the areas most affected by the coronavirus, President Alberto Fernandez said on Thursday. The president made the announcement next to Buenos Aires City Mayor Horacio Rodriguez Larreta and Axel Kicillof, governor of Buenos Aires province, which concentrates 40% of the country's population, and most virus cases.
Friday, June 5th 2020 - 09:48 UTC
EU ratifies that Juan Guaidó is the legitimate congressional president in Venezuela

Venezuelan Supreme Court decision to ratify an ally of President Nicolas Maduro as president of the National Assembly is illegitimate, the European Union said on Thursday, warning of a deepening crisis in the South American nation.
Friday, June 5th 2020 - 09:45 UTC
Covid-19 human toll: US unemployment expected to reach 20% in May

The U.S. unemployment rate likely shot up to almost 20% in May, a new post World War Two record, with millions more losing their jobs, exposing the horrific human toll from the COVID-19 crisis.
Friday, June 5th 2020 - 09:42 UTC
The flourishing business of coffin making in Peru… with Venezuelan labor

As the coronavirus-hit economy of Peru stagnated over the past three months, Lima coffin-maker Genaro Cabrera has seen his sales quadruple. “I never imagined working to such an extreme,” Cabrera said at his factory in the rundown district of San Juan de Lurigancho.
Friday, June 5th 2020 - 09:39 UTC
US billionaires become significantly richer during the pandemic

The combined wealth of America's billionaires, including Amazon.com founder Jeff Bezos and Facebook CEO Mark Zuckerberg, jumped more than 19% or by half a trillion since the onset of the COVID-19 pandemic in the United States, according to a report published by the Institute for Policy Studies (IPS).
Friday, June 5th 2020 - 09:31 UTC
Spain: major discrepancies between national and regional Covid-19 death tolls

Spain's overall death toll from the coronavirus edged higher on Thursday, though discrepancies between regional and national data raised questions over the methodology used by the government to produce the tally.
Friday, June 5th 2020 - 09:26 UTC
COVID-19 vaccine must be seen as “a global public good – a people’s vaccine”, UN Secretary-General Guterres

”We need global solidarity to ensure that every person, everywhere, has access”, Secretary-General Antonio Guterres said in a video message to the Global Vaccine Summit, convened to find and fund collective solutions for Covid-19-related vaccines and to strengthen routine immunization commitments and resources for other preventable diseases.
Friday, June 5th 2020 - 08:30 UTC
Argentina's industrial output collapsed 33,5% in April compared to April 2019

Argentina's industrial output crashed 33.5% in April from the same month last year, the government's statistics agency said on Thursday, as the national lockdown to fight the coronavirus pandemic bludgeoned Latin America's No. 3 economy.
Friday, June 5th 2020 - 08:29 UTC
Foreign investment returns to Brazil in May, first since July 2019

Brazil posted a net foreign exchange inflow of US$ 3.1 billion in May, central bank figures showed on Wednesday, its first net inflow since July last year.
Friday, June 5th 2020 - 08:25 UTC
Ecuador sovereign bond holders form a committee to begin negotiations

Holders of Ecuador sovereign bonds have formed a committee to hold talks with the country's government on a potential re-profiling of the country's external debt, the group said in a statement on Thursday.