Stories for August 7th 2020

Friday, August 7th 2020 - 09:40 UTC
Argentina prepares strong diplomatic offensive to recover Falklands' sovereignty

Argentina is planning to intensify its policy to claim sovereignty over the Falklands and other South Atlantic Islands with a road map that contemplates three immediate objectives, reinstate in the Organization of American States the claim, resurface the legal threat against oil companies operating in South Atlantic (Falklands) waters and put pressure on the European Union so that a post-Brexit trade agreement with the UK does not include the Falklands in the list of Overseas Territories.
Friday, August 7th 2020 - 09:25 UTC
Argentina planning for a new program agreement with the IMF by end of March

Argentina aims to reach a deal with the International Monetary Fund over a new financing program before the end of March, a time frame that Fund veterans say is realistic if both sides show commitment. The news was reported by the economic media from Buenos Aires.
Friday, August 7th 2020 - 08:31 UTC
Argentina and China renew US$ 18 billion swap; Beijing will pay for agriculture imports in Yuan

The central bank of Argentina announced it will renew a currency cooperation agreement with the People's Bank of China to swap US$ 18.2 billion worth of each other's currencies next week, El Economista reported on Friday.
Friday, August 7th 2020 - 08:30 UTC
Cruise Lines lobby voluntarily suspends operations until al least 31 October

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, announced this week that its ocean-going cruise line members have agreed to voluntarily suspend U.S. cruise operations until at least 31 October 2020.
Friday, August 7th 2020 - 08:27 UTC
Macron pledges aid to Lebanon conditioned to anti-corruption reforms

French President Emmanuel Macron on Thursday promised aid to Lebanon but reassured angry citizens reeling from a lethal blast that killed at least 145 people that no blank checks will be given to its leaders unless they enact reforms and end rife corruption.
Friday, August 7th 2020 - 08:24 UTC
UK Dames diplomacy in New York and Washington

United Kingdom has named Dame Barbara Woodward as its permanent representative to the United Nations, its most senior diplomat to the New York-based body. Dame Barbara, currently British ambassador to China, is a previous international director of UK Border Force.
Friday, August 7th 2020 - 07:48 UTC
Falkland Islands has coronavirus test processed some 65% of its population

The Falkland Islands with 2,256 coronavirus tests processed, and no positive results for over 100 days, is leading among countries with small populations that have tested well over half of its population.
Friday, August 7th 2020 - 07:41 UTC
Falklands extends Covid-19 support schemes for two months until September 30

The Falkland Islands Executive Council approved the extension of the employment/self-employment, job retention, unemployment subsidy and direct grant schemes which were introduced in response to the Covid-19 pandemic, and are currently being administered by the Treasury and FIDC.