Copper raced to its highest levels since January this week as speculators piled into the market, betting on further disruptions in top producer Chile and firm demand from the biggest consumer China.
WHO announced on Thursday the initiation of the Independent Panel for Pandemic Preparedness and Response (IPPR) to evaluate the world’s response to the COVID-19 pandemic.
Beset by the second industry downturn in five years, global awards for floating production, storage and offloading (FPSO) vessels will likely number just one in 2020 as exploration and production firms cut budgets and activity, Rystad Energy predicted. However in 2021 should be a recovery year mainly in Brazil and Guyana and probably in the Falkland Islands.
Quarantine requirements both in the United Kingdom and the Falkland Islands, combined with global restrictions in air travel, have led to changes to the South Atlantic Airbridge scheduling, it was announced by the Islands' government.
Specifically, civilian passengers can only travel Southbound on every third flight.
Falkland Islands' Justices of the Peace last week remanded three individuals in custody after they entered guilty pleas for charges of violent disorder. Sonny Ball, Samuel Goldsworthy, and Chassy Duncan appeared at the Summary Court after they were involved in a serious incident on the evening of Monday 29 June.
Penguins continue to be a popular motif for the Pobjoy Mint, which has just launched a new series of 50-penny coins depicting the flightless birds. The first coin in the 2020 50-penny coin series on behalf of South Georgia and South Sandwich Islands features the chinstrap penguin.
LATAM Airlines Group S.A. (‘LATAM’) today presented the second tranche financing proposal to the Court of the Southern District of New York, as part of the Chapter 11 process. Tranche A amounts to US$1.3 billion that was committed by Oaktree Capital Management L.P. and its affiliates. This proposal must be reviewed and approved by the court in the coming days.
Argentina posted a daily record of 3,604 confirmed cases of COVID-19 as the country grapples with rising infections that are threatening its early success in stalling the spread of the virus.
Venezuela's President Nicolas Maduro has shuffled his military high command but Defense Minister Vladimir Padrino Lopez, a general, kept his post.
Brazil's President Jair Bolsonaro on Wednesday vetoed provisions of a law that obligated the federal government to provide drinking water, disinfectants, and a guarantee of hospital beds to indigenous communities amid the COVID-19 pandemic.