The United States has delivered two million doses of the anti-malarial medicine hydroxychloroquine (HCQ) to Brazil to fight COVID-19, the White House said Sunday, though the drug has not been proven effective against the coronavirus.
Brazil reported a record 33,274 new cases of the new coronavirus this weekend, the health ministry said, and the death toll surpassed that of France and now ranks below only the United States, Britain, and Italy.
Venezuela will increase fuel prices in June, the president said, putting a limit on state subsidies that for decades had allowed citizens to fill their gas tanks virtually for free. Although the country has huge oil reserves, production has collapsed and Venezuelans are facing dire shortages - exacerbated by the impact of COVID-19 on the economy.
Brazilian President Jair Bolsonaro joined supporters protesting against Congress and the Supreme Court in Brasilia on Sunday, stoking concerns of an institutional crisis in the nation that now has the world's second-highest number of coronavirus cases after the US.
The Falkland Islands are concerned about tourism and what can be expected of the coming season. Tourism is one of the main industries of the Islands and has been growing sustainedly despite attempts by an abusive neighbor to curtail its development, but on this occasion, the world pandemic has become a greater uncertainty and challenge.
Oil prices fell due to concerns about riots in major US cities that could staunch demand after trading higher on optimism that OPEC would extend or enhance production cuts at a meeting in June.
Violence has erupted in cities across the US on the sixth night of protests sparked by the death in police custody of African-American George Floyd. Curfews have been imposed in nearly 40 cities, but people have largely ignored them, leading to tense stand-offs. There are unconfirmed rumors of five deaths because of the rioting and clashes.
US President Donald Trump said demonstrators protesting the death of a black man who died after a white police officer knelt on his neck would have been greeted with the most vicious dogs, and most ominous weapons, I have ever seen.
Brazilian plane manufacturer Embraer SA, the world's third-largest commercial jet builder, should obtain US$600 million in credit lines from Brazil's state development bank BNDES and private banks in June, government sources said on Sunday.
LATAM Airlines Group's U.S. bankruptcy filing last week will delay its potential bailout in Brazil to at least July and also push back aid to its rivals at least through the end of June.