Stories for June 25th 2020

Thursday, June 25th 2020 - 12:03 UTC
Uruguay raises US$ 2 billion in dual currency fresh funds

Uruguay raised US$ 2 billion from a dual-currency debt deal on Wednesday, issuing UYU47.1 billion (US$ 1.12 billion) in new inflation-linked, 20-year notes and adding US$ 400 million to its 4.375% 2031 bonds, plus a rescheduling of US$ 500 million in 2027, 2028 and 2030 Indexed Units.
Thursday, June 25th 2020 - 12:00 UTC
Expropriation project of Argentine giant soymeal exporter is watered down

Argentina is examining alternatives to the planned expropriation of financially ailing soymeal exporter Vicentin, including a possible private-public partnership, Production Minister Matias Kulfas and other sources revealed on Wednesday.
Thursday, June 25th 2020 - 09:35 UTC
Pandemic has yet to peak in the Americas, warns WHO; ten million infections by next week

The coronavirus pandemic has yet to peak in the Americas, the World Health Organization warned on Wednesday, as it said global infections were likely to hit 10 million within a week.
Thursday, June 25th 2020 - 09:32 UTC
Falklands' Covid-19 battle: 50 days with no cases and 1,027 swab tests, most of them processed in the Islands

More than a thousand swabs have now been taken in the Falkland Islands for COVID-19. To date, 1027 tests have been processed, of which 600 have been carried out in the Islands using Stanley's hospital, KEMH, and its new PCR analyser. It has been more than 50 days since the last positive test for COVID-19 in the Falklands.
Thursday, June 25th 2020 - 09:30 UTC
UK stands for Falklands' squid in post-Brexit trade talks, Financial Times

UK has been standing out for the Falklands and its squid and fish sales to the European Union, according to an article from the Financial Times, credited to Jim Brunsden in Brussels, and referred to the post-Brexit EU/UK trade talks.
Thursday, June 25th 2020 - 09:20 UTC
Falklands Airbridge, strict measures for travellers; no Latam flights for at least the next two months

The Falkland Islands currently have an only air link which is the air bridge with the United Kingdom twice a week, since the commercial flights from Chile and Brazil managed by Latam, have been suspended at least until the end of July.
Thursday, June 25th 2020 - 06:51 UTC
Oxford University coronavirus vaccine tested among 2,000 Brazilian volunteers

Researchers in Brazil began administering an experimental coronavirus vaccine developed by Oxford University to volunteers, the Federal University of Sao Paulo said on Wednesday.
Thursday, June 25th 2020 - 06:49 UTC
Bayer settles US Roundup weed-killer lawsuits with US$ 10,9 billion after year long of talks

Bayer AG agreed to settle U.S. lawsuits claiming that its widely-used weed killer Roundup caused cancer for as much as US$10.9 billion after more than a year of talks, resolving litigation that has hit the company's share price.
Thursday, June 25th 2020 - 06:44 UTC
Italy guarantees US$ 7 billion loan to Fiat Chrysler as it merges with France's PSA

Italy's government said on Wednesday it would guarantee a 6.3-billion-euro (US$7.1 billion) loan to Fiat Chrysler, as the automaker struggles with the impact of the coronavirus pandemic.
Thursday, June 25th 2020 - 06:39 UTC
Falklands eases restrictions around funeral arrangements

The Falkland Islands Government, FIG, has updated its advice and guidance around funeral arrangements in light of the recent easing of restrictions.