Stories for August 2020

Monday, August 3rd 2020 - 10:00 UTC
Lawsuit against Australia for failing to disclose climate-change risks to its sovereign bond purchasers

A 23-year-old student has filed a lawsuit against Australia's government alleging it has failed to disclose climate change-related risks to investors in the country's sovereign bonds, in the first such action against the Australian government.
Monday, August 3rd 2020 - 09:52 UTC
British hospitals will have tests to detect Covid-19 in 90 minutes

Millions of COVID-19 tests able to detect the virus within 90 minutes will be rolled out to British hospitals, care homes and laboratories to boost capacity in the coming months, the country's health minister said on Monday.
Monday, August 3rd 2020 - 09:51 UTC
Pope Benedict XVI, “extremely frail” according to German media

Former pope Benedict XVI became seriously ill himself after visiting his sick brother in Germany in June and is “extremely frail”, according to a report in the Monday edition of the German Passauer Neue Presse newspaper.
Monday, August 3rd 2020 - 09:47 UTC
Mexican journalist and bodyguard murdered in Mexico, fifth so far this year

A Mexican journalist and his police bodyguard were murdered in a hail of gunfire in the southern state of Guerrero early on Sunday, police and human rights officials said. Pablo Morrugares is the fourth journalist murdered in Mexico in 2020.
Monday, August 3rd 2020 - 09:45 UTC
Major sale of gas station network in the US for an all cash deal of US$ 21bn

Marathon Petroleum Corp sold its Speedway gas station network to 7-Eleven Inc, a subsidiary of Japan's Seven & Holdings Co, for US$21 billion in an all-cash deal, the companies said on Sunday.
Saturday, August 1st 2020 - 06:55 UTC
Argentina extends quarantine to August 16, given a peak of Covid-19 cases

The Argentine government announced on Friday the extension of the quarantine, which has been in force since March 20, to Aug. 16 in an attempt to slow the spread of the novel coronavirus.
Saturday, August 1st 2020 - 06:50 UTC
Falklands lawmakers analyzes prospects for the tourism sector

Support for the Falklands' tourism sector in the face of Covid-19 was an issue closely examined in the Legislative Assembly this week. Questions were put to the House by Member of Legislative Assembly MLA Roger Spink and answered by Member of Legislative Assembly Mark Pollard.
Saturday, August 1st 2020 - 06:27 UTC
Brazil expects a record soybean harvest of 130 million tons

Brazil’s soybean production in 2020/21 is expected to jump to a record 130 million tons, with good prices driving farmers to increase planting in pasture areas after a drought reduced the harvest in the south of the country in 2019/20.
Saturday, August 1st 2020 - 06:11 UTC
Ecuador extends deadline for negotiations with bondholders

Ecuador will extend the deadline for creditors to vote on its US$ 17.4 billion debt restructuring plan to Monday following a lawsuit by a small group of bondholders, the finance ministry said on Thursday.
Saturday, August 1st 2020 - 06:07 UTC
Colombia planning private sector workers to tap pension savings

Colombia is the latest Latin American country considering a plan to let workers tap private pension savings, a move intended to soften the slump in consumer spending but which risks worsening some of the world’s deepest stock market slumps.