Stories for July 8th 2020

Wednesday, July 8th 2020 - 08:38 UTC
IMF praises Argentina's latest debt offer to creditors

A spokesperson for the International Monetary Fund said on Tuesday that Argentina’s latest debt offer to its creditors is “an important step” in the restructuring process.
Wednesday, July 8th 2020 - 08:33 UTC
Bolsonaro catches the “little flu” and admits taking hydroxychloroquine

Brazilian President Jair Bolsonaro said on Tuesday he tested positive for the novel coronavirus, adding in a television interview that he was in good health despite running a fever.
Wednesday, July 8th 2020 - 07:33 UTC
World 2020 cereal production forecasted to reach new record

World cereal production is poised to reach a new record level of 2 790 million tons in 2020 - up 9.3 million tons from the May forecast - surpassing the record-high registered in 2019 by as much as 3%, according to FAO's Cereal Supply and Demand Brief.
Wednesday, July 8th 2020 - 07:01 UTC
Pandemic forecasted to usher highest retreat for global meat consumption

The pandemic is poised to usher in the biggest retreat for global meat consumption in decades. Per capita consumption this year is set to fall to the lowest in nine years and the 3% drop from last year represents the biggest decline since at least 2000, according to data from the United Nations.
Wednesday, July 8th 2020 - 06:49 UTC
StopHateForProfit coalition will continue Facebook ad boycott: no agreement with Zuckerberg

Organizers of the Facebook ad boycott vowed on Tuesday to continue their campaign, saying the social network's top executives had failed to offer meaningful action on curbing hateful content.
Wednesday, July 8th 2020 - 06:47 UTC
Mexican auto industry started to recover in June but still is far from 2019 figures

Mexico’s auto production and exports picked up steam in June from a month earlier but were down sharply versus a year earlier, official data showed on Tuesday, as carmakers reopened plants from their coronavirus-induced shutdown.
Wednesday, July 8th 2020 - 06:35 UTC
Britain prepared to leave the EU in terms similar to Australia, Johnson tells Merkel

Britain is prepared to leave the European Union on the same terms as Australia has with the bloc if it cannot agree on a future trading deal, Prime Minister Boris Johnson told Germany's Angela Merkel in a telephone call on Tuesday.
Wednesday, July 8th 2020 - 06:30 UTC
US sets date to leave WHO, 6 July 2021, but decision could be reversed if Trump loses reelection

The United States will leave the World Health Organization (WHO) on Jul 6, 2021, the United Nations said on Tuesday, after receiving notification of the decision by President Donald Trump, who has accused the agency of becoming a puppet for China during the coronavirus pandemic.