Stories for 2020

Thursday, February 20th 2020 - 18:14 UTC
Brazilian currency again slips to a record low against the US dollar

Brazil’s real posted a record low close against the dollar for a second straight day on Wednesday, after earlier sliding to within less than one centavo of its weakest-ever level as the weight of selling pressure built up on several fronts.
Thursday, February 20th 2020 - 18:10 UTC
IMF: Argentine debt is not sustainable, a meaningful contribution from private creditors is required

An IMF team, led by Julie Kozack Deputy Director of the Western Hemisphere Department and Luis Cubeddu Mission chief for Argentina, visited Buenos Aires from February 12 to 19, 2020 to discuss the recent macroeconomic developments and learn more about the Argentine authorities’ economic plans and policies. At the conclusion of the staff visit, Ms Kozack and Mr Cubeddu issued the following statement:
Thursday, February 20th 2020 - 18:10 UTC
Oil workers on strike against Petrobras privatization plans

Brazilian oil workers and oil giant Petrobras were locked in a power struggle over the company’s privatization plans, with the union saying thousands of employees are on an indefinite strike.
Thursday, February 20th 2020 - 13:23 UTC
LATAM sued for the alleged rape of a child flying unaccompanied

A man in Florida is suing one of Latin America's largest airlines, saying his 6-year-old son was sexually assaulted by an airline employee while traveling as an unaccompanied minor from Brazil to the U.S.
Thursday, February 20th 2020 - 09:00 UTC
New Zealand die-off: half a million mussels “cooked” in the wild in unusually balmy waters

Up to half a million mussels were effectively cooked in the wild in unusually balmy waters on the New Zealand coast in a massive “die-off” that marine experts have linked to climate change.
Thursday, February 20th 2020 - 08:55 UTC
Coronavirus “is our most pressing uncertainty...” for the global economy, admits IMF chief

In the best-case scenario, the economic hit from the epidemic in China will be short-lived, but it comes as the global economy remains fragile, IMF chief Kristalina Georgieva said on Wednesday.
Thursday, February 20th 2020 - 08:54 UTC
World Bank aid to the neediest countries ended in offshore bank accounts, shows data from tax havens and BIS

World Bank aid payments to the neediest countries appear to trigger money flows to offshore bank accounts, suggesting funds are siphoned off from the nations they are meant to help, according to a study published on Tuesday.
Thursday, February 20th 2020 - 08:39 UTC
Montreal joins France and Germany “In 2020 there will be no more scooters on the street”

Montreal on Wednesday called a halt to its electric scooter scheme, saying that riders broke rules and almost always parked illegally. The Canadian city launched a pilot project in June with 680 scooters and electric bikes, but authorities judged that the test period had been a “failure.”
Thursday, February 20th 2020 - 08:32 UTC
London: She played her violin while surgeons removed a tumor in the brain

A violinist helped surgeons avoid damage to her brain during surgery to remove a tumor by playing her instrument, the UK hospital where she underwent the innovative procedure said. Surgeons came up with the novel approach to ensure that areas of Dagmar Turner's brain responsible for intricate hand movements were not affected during the precision
Thursday, February 20th 2020 - 08:25 UTC
Beijing/US media war: three WSJ newsroom journalists expelled over an OPED column

China on Wednesday ordered three reporters from The Wall Street Journal to leave the country over what Beijing deemed a racist headline, in one of the harshest moves against foreign media in years.