Stories for November 24th 2020

Tuesday, November 24th 2020 - 09:38 UTC
Trump gives go-ahead to presidential transition, but continues with legal challenges

President Donald Trump on Monday said he had given Emily Murphy, the head of the General Services Administration, the go-ahead to proceed with a transition for President-elect Joe Biden’s administration despite plans to continue with legal challenges.
Tuesday, November 24th 2020 - 09:32 UTC
World Tourism chief visits Montevideo and praises Uruguay's focus on the industry with and without the pandemic

The Secretary-General of the World Tourism Organization (UNWTO) has concluded his official visit to the Americas with a series of high-level meetings in Uruguay.
Tuesday, November 24th 2020 - 09:26 UTC
Peru placed a US$ 1 billion 100-year bond at a coupon rate of 3,23%

Peru said on Monday an eager market had soaked up its offer of US$ 4 billion worth of debt, including a rare century bond, as the world´s No. 2 copper miner scrambles to raise funds to soften the economic fallout from the coronavirus crisis.
Tuesday, November 24th 2020 - 09:22 UTC
Chile expects a bull market for copper next year

Chile’s copper production will likely rise by 0.6% to 5.82 million tons in 2020, state copper commission Cochilco said on Monday, and to 5.99 million tons in 2021. Cochilco estimated that the copper price will average US$ 2.75 per pound in 2020, before rising to US$ 2.90 per pound in 2021.
Tuesday, November 24th 2020 - 09:10 UTC
Joe Biden's foreign policy and national security made up of veterans from Obama's time

Veteran diplomat Antony Blinken, 58, has been named the United States' next Secretary of State. The official announcement by President-elect Joe Biden, expected on Tuesday, came earlier on Monday. Mr Jake Sullivan, 43, was named National Security Adviser; and Ms. Linda Thomas-Greenfield, 68, was named Ambassador to the United Nations.
Tuesday, November 24th 2020 - 09:06 UTC
Janet Yellen, ex-Fed chair expected to become next Treasury Secretary

Former Federal Reserve Chair Janet Yellen will serve as the 78th Treasury Secretary of the U.S., the Wall Street Journal reported Monday afternoon, citing people familiar with President-elect Joe Biden’s transition team.
Tuesday, November 24th 2020 - 09:02 UTC
China's appetite for imported pork slowing as the country recovers its herd

China is starting to curb its appetite for imported pork as it regains its domestic stock and domestic meat prices are beginning to fall. Added to this are consumer concerns about the presence of Covid-19 on food packaging that arrives from other countries.
Tuesday, November 24th 2020 - 08:52 UTC
Spanish King on a 10-day quarantine after close contact with a positive case

Spain's King Felipe VI started 10 days of quarantine on Monday after coming into close contact with someone who later tested positive for the new coronavirus, a Royal House source said.
Tuesday, November 24th 2020 - 08:08 UTC
Finnish M/S Viking Grace rescued from the Aland islands shores returns to port

A passenger ferry that ran aground in heavy winds in a Baltic Sea archipelago between Finland and Sweden was dragged off the shore and towed early Sunday to a port, where some of its over 300 passengers disembarked.
Tuesday, November 24th 2020 - 07:49 UTC
Falklands' MLA Barkman at the virtual annual JMC between UK ministers and Overseas Territories governments

The annual Joint Ministerial Council (JMC) between the United Kingdom Government and the Governments of the Overseas Territories is taking place virtually this week with the involvement of lawmaker MLA Teslyn Barkman in representation of the Falkland Islands.