Stories for 2020

Saturday, March 28th 2020 - 08:34 UTC
S&P downgrades Mexico and oil giant Pemex credit ratings

S&P downgraded Mexico’s credit rating on Thursday as the coronavirus pandemic and a hit to state oil firm Pemex from plunging crude prices battered the growth outlook and piled pressure on the government to lift the struggling economy.
Saturday, March 28th 2020 - 08:32 UTC
Falklands' government is responding to the coronavirus challenge magnificently, governor Nigel Phillips

In a brief message to the people of the Falkland Islands referred to the current coronavirus epidemic, governor Nigel Phillips CBE praised the Islands' government magnificent response to the challenge and underlined the toughness and resilience of the Falklands' people.
Saturday, March 28th 2020 - 08:26 UTC
Brazil's central bank preparing a “financial bazooka” to prevent recession becoming depression

Brazil’s central bank could soon be forced to fire up the money printing presses if the coronavirus-fueled recession facing Latin America’s largest economy is as devastating as some economists fear.
Friday, March 27th 2020 - 09:08 UTC
World leaders pledge US$ 5 trillion to address the global economic collapse

World leaders on Thursday promised US$5 trillion to stave off global economic collapse from the coronavirus pandemic that has killed 21,000 people and shut down huge swathes of the globe.
Friday, March 27th 2020 - 09:05 UTC
US Justice offers US$ 15 million for the capture of Maduro, head of “The Cartel of the Suns”

The US Justice Department announced the indictment of Venezuelan President Nicolas Maduro on Thursday for “narco-terrorism” and offered US$15 million for information leading to his capture.
Friday, March 27th 2020 - 09:01 UTC
Nothing to celebrate on the 25th anniversary of the EU open border Schengen agreement

The European Union marked the 25th anniversary of its open-border Schengen agreement on Thursday with all its land borders shut or subject to heavy checks imposed in an effort to curb the spread of the coronavirus.
Friday, March 27th 2020 - 09:00 UTC
Pandemic: Falklands government financial support for employers and employees

The Falkland Islands government, FIG, announced this week an initial range of measures aimed at supporting employers and ensuring employees and self-employed continue to receive pay if they have to self-isolate due to Coronavirus.
Friday, March 27th 2020 - 08:59 UTC
Falklands suspends schools, nurseries and play-parks until 4 May

The Falkland Islands government, FIG, is stepping up its response measures to COVID- 19 after it was confirmed that the King Edward Memorial Hospital (KEMH) is currently treating a critically ill child. Chief Executive Barry Rowland said that although it has not been confirmed, it is suspected that the child has contracted Coronavirus. Under the new phase of the response, schools, nurseries, and play-parks will close as of Friday 27 March and will not re-open until at least the start of the new term on 4 May.
Friday, March 27th 2020 - 08:52 UTC
Xi calls Trump to improve bilateral ties; offers to help combat coronavirus

Chinese President Xi Jinping told US President Donald Trump during a phone call on Friday that he hopes the United States will take substantive action to improve bilateral ties, China's foreign ministry said.
Friday, March 27th 2020 - 08:51 UTC
Britain has ordered 10.000 ventilators from vacuum cleaner company Dyson

Britain has placed an emergency order of 10,000 ventilators designed at breakneck speed by bag-less vacuum cleaner company Dyson, the first fruits of an industry-wide call to arms to prepare for the looming peak of the coronavirus outbreak.