Stories for 2020

Thursday, June 18th 2020 - 12:36 UTC
Brazil retail sales plunge in April anticipating a major contraction of the economy

Brazilian retail sales plunged at a record pace in April as social isolation measures choked spending, official figures showed indicating the economy’s contraction in the second quarter could be even more severe than anticipated.
Thursday, June 18th 2020 - 12:32 UTC
Brazil slashes benchmark interest rate 75 basis points to a record low of 2,25%

Brazil’s central bank cut its benchmark interest rate by 75 basis points to a record low of 2.25% on Wednesday, as expected, and said there was some room left for further monetary stimulus to support an economy ravaged by the coronavirus pandemic.
Thursday, June 18th 2020 - 12:29 UTC
Brazil's service sector slumped 11,7% in April on a year on year basis

Services activity in Brazil slumped 11.7% in April, figures showed on Wednesday, the biggest fall since comparable record-keeping began nearly a decade ago as social isolation measures to combat the COVID-19 outbreak slammed the economy into reverse.
Thursday, June 18th 2020 - 12:18 UTC
Peru with more virus contagion cases than hard hit Italy

Peru topped 240,000 total cases of coronavirus on Wednesday, surpassing hard-hit Italy, government data showed, even as the pace of infections has begun to moderate in the Andean nation.
Thursday, June 18th 2020 - 12:09 UTC
India, Mexico, Norway and Ireland chosen to the UN Security Council; defeat for Canada's Trudeau

The UN General Assembly elected on Wednesday four new members of the Security Council for 2021 and 2022, with Canada losing out again and the battle for the African seat going to a second round.
Thursday, June 18th 2020 - 11:15 UTC
EU conditions post-Brexit UK talks and looks ahead to three months of intense discussions

The European Union's chief executive, Ursula von der Leyen, said on Wednesday that the bloc will do its best to seal an agreement on new ties with Britain by the end of the year but will not compromise its core values, notably on fair competition.
Thursday, June 18th 2020 - 10:15 UTC
LATAM's Argentina branch will cease operations indefinitely; 1,715 staff to be laid off

LATAM Airlines Group said on Wednesday its Argentine subsidiary will cease operations indefinitely, cancelling all domestic flights, its first major cutback since filing for bankruptcy protection. The announcement fell short of saying the company, Latin America’s largest airline, will entirely wind down its subsidiary, although it is unclear if it will ever resume operations.
Wednesday, June 17th 2020 - 19:19 UTC
Ahead of Macron's London visit, minister warns France does not rule out a post-Brexit “no deal” with UK

France does not rule out Europe failing to reach a deal on its post-Brexit relationship with Britain but very much wants to avoid such an outcome, its foreign minister was quoted as saying on Tuesday.
Wednesday, June 17th 2020 - 19:02 UTC
Norwegian salmon not the source of novel coronavirus in Beijing

Chinese and Norwegian authorities have concluded that Norwegian salmon was likely not the source of the novel coronavirus that was found at cutting boards in a Beijing food market, the Norwegian fisheries and seafood minister said on Wednesday.
Wednesday, June 17th 2020 - 18:54 UTC
Honduran president and wife test positive for Covid 19

The Honduran president has said he and his wife have tested positive for coronavirus. The Central American nation has registered just under 10,000 COVID-19 infections, according to the health ministry, and 330 deaths.