Liza Unity, an under-construction FPSO that will be Guyana's second offshore facility in production, remains on schedule for first oil in 2022, Hess Corp. announced. Guyana became an oil-producing nation in December 2019, when Exxon brought online the Liza Destiny FPSO.
United States businesses and households are going to need more fiscal support to get through what will likely be a longer period of recovery from the coronavirus shutdown than initially expected, Federal Reserve policymakers said on Tuesday.
British researchers will study the genes of thousands of ill COVID-19 patients to try to crack one of the most puzzling riddles of the novel coronavirus: why does it kill some people but give others not even a mild headache?
The United States on Tuesday reported a record US$738 billion budget deficit in April, as an explosion in government spending and a shrinking of revenues amid the novel coronavirus pandemic put it deep into the red.
Pope Francis praised the work of nurses around the world on Tuesday, saying the coronavirus crisis had shown how vital their service is, as he appealed to governments to invest more in healthcare.
On the occasion of the International Day of the Nurse and the 200th anniversary of the birth of Florence Nightingale, 12 May, the World Health Organization (WHO) joins hundreds of partners worldwide to highlight the importance of nurses in the healthcare continuum and thank nurses for what they do. The theme for this year is” Nursing the World to Health”.
Argentina will extend negotiations over a US$ 65bn debt restructuring proposal until May 22, the government said in the official gazette on Monday. The extension sets the stage for tense last-ditch talks as Argentina races to avoid default.
Given the successful compliance of self-isolation and social distancing and other measures implemented by the Falkland Islands Government, FIG, the civilian population of the Islands remains with no positive cases of coronavirus, according to the Monday situation report.
Paraguayan President Mario Abdo Benítez has said the spread of coronavirus in Brazil threatens his country's success in containing the virus. Mr Benítez said more than half of Paraguay's 563 cases were people who had entered from neighbouring Brazil.
Brazilian President Jair Bolsonaro on Monday declared gyms and hair salons as essential services that can stay open through the new coronavirus outbreak, easing measures to control the disease despite new cases and deaths surging in the country.