Stories for October 2nd 2020

Friday, October 2nd 2020 - 15:56 UTC
Falklands approved assessment of ‘prohibited person’ framework approved

The Falkland Islands Executive Council has approved a framework for assessing who should be considered a ‘prohibited person’. Under the umbrella of a wider approach, the issue also refers to the reiterative problems with some visiting Argentines whose conduct of displaying symbols or disregarding local authorities cause alarm and distress among the local population.
Friday, October 2nd 2020 - 09:57 UTC
Trump and Melania on quarantine after testing positive for Covid-19

U.S. President Donald Trump said on Thursday that he and first lady Melania Trump have tested positive for COVID-19 after a top aide he spent substantial time with this week tested positive for the coronavirus.
Friday, October 2nd 2020 - 09:51 UTC
IMF mission expected next week in Argentina, announced minister Guzmán

Argentina's Economy Minister Martin Guzman said on Thursday that a mission from the International Monetary Fund will arrive in the country next week as the country looks to negotiate a new program with the organization.
Friday, October 2nd 2020 - 09:49 UTC
Chile in one year has lost 1,8 million jobs, and unemployment reached 12%

The Chilean government has begun to gradually lift restrictions in the country in an attempt to reactivate the economy, given a drop in new cases with 1,556 (the lowest rate in three months), though areas with a high level of new cases remain under quarantine.
Friday, October 2nd 2020 - 09:17 UTC
Azerbaijan/Armenia clash: waiting for Russia to impose a cease fire

By Gwynne Dyer – It’s probably Azerbaijan that started the shooting in this latest round of fighting with neighboring Armenia. Which is not to say that it’s all Azerbaijan’s fault.
Friday, October 2nd 2020 - 09:09 UTC
Consumers' debts threaten the Peruvian banking system

Peru's economy could plummet by more than 20% if unpaid consumer debts continue to mount, a scenario the government hopes to stave off with an emergency plan to reschedule troubled loans with state guarantees, the government said on Thursday.
Friday, October 2nd 2020 - 09:05 UTC
Argentina lowers export taxes on soy for three months, hoping farmers will sell their crops

Argentina plans to temporarily cut soybean and soy meal export taxes by 3 percentage points to 30% to help stimulate export revenue as the country struggles with recession and dwindling foreign reserves, it was announced on Thursday.
Friday, October 2nd 2020 - 09:01 UTC
China suspends beef imports from a Brazilian meatpacker Minerva plant

China said it would temporarily suspend imports from a beef plant owned by Brazilian meatpacker Minerva SA for a week, in the latest suspension amid concerns over coronavirus contamination in Brazilian meat plants.
Friday, October 2nd 2020 - 09:01 UTC
Chile's economic activity in August plunged 11,3%; mining sector dropped 3,4%

Chile economic activity plunged 11.3% in August from the same month a year earlier, the central bank said on Thursday, deeper than forecasts of an 8.5% drop as the world’s no. 1 copper producer grapples to recover from the coronavirus pandemic.
Friday, October 2nd 2020 - 09:01 UTC
Argentine central bank will promote Chinese Yuan for foreign trade negotiations

Argentina's central bank said on Thursday that it would allow a managed float of the peso currency and abandon its current “uniform daily devaluation” strategy as it seeks to adapt its monetary policy amid sharpening economic turmoil.