Economy

Tuesday, March 31st 2020 - 12:24 UTC
Argentine jigger fleet begins operating north of parallel 44o. as of April first

Argentine jiggers will begin operating north of parallel 44o on April first, following on a decision from the Fisheries Under Secretariat chief, Carlos Liberman. The Fisheries Federal Council is impeded of meeting because of the coronavirus pandemic rules imposed in Argentina. Anyhow the decision was taken based on a report from the Inidep research institute.
Tuesday, March 31st 2020 - 09:17 UTC
Pandemic: Sweden fears overreaction and follows a relaxed strategy

A growing number of Swedish doctors and scientists are raising alarm over the Swedish government’s approach to COVID-19. Unlike its Nordic neighbors, Sweden has adopted a relatively relaxed strategy, seemingly assuming that overreaction is more harmful than under-reaction.
Tuesday, March 31st 2020 - 09:07 UTC
Saudi Arabia wants to be Oil King again and lets prices collapse

Saudi Arabia said on Monday it will raise its oil exports to a record 10.6 million barrels per day starting from May despite a global supply glut, escalating a price war with Russia. Oil prices are languishing at 17-year lows as the coronavirus pandemic threatens a painful global recession that could further sap demand.
Tuesday, March 31st 2020 - 08:15 UTC
Russia's oil giant Rosneft, yields to US pressure: ceases operations in Venezuela

Russian oil production giant Rosneft said it had ceased operating in Venezuela and transferred its assets to a company own entirely by the Russian government. The move is apparently intended to shield the company from US sanctions aimed at punishing entities that do business with the government of President Nicolas Maduro.
Tuesday, March 31st 2020 - 08:10 UTC
Surprising factory activity numbers in China, according to Beijing stats office

Factory activity in China unexpectedly expanded in March after contracting sharply to a record low, but the rapid global spread of the coronavirus is expected to keep businesses and the overall economy under heavy pressure as foreign demand slumps.
Tuesday, March 31st 2020 - 07:58 UTC
Falklands' eligibility criteria for self employed and private sector workers affected by Covid-19 response

In an update on the measures announced on 26 March for self-employed workers and private-sector workers, referred to the current coronavirus global pandemic, the Falkland Islands Executive Council has approved two additional eligibility criteria.
Tuesday, March 31st 2020 - 07:55 UTC
World's largest meat processor confident in the recovery of the Chinese market

Brazil's JBS, the world’s largest meat processor, believes that the coronavirus pandemic may cause container shortages, port disruptions, and other logistical problems, but that exports should remain strong thanks to Chinese demand.
Tuesday, March 31st 2020 - 07:44 UTC
Small drop in Brazil's agribusiness exports to China in first two months of 2020

Brazil’s Agriculture and Livestock Confederation (CNA) held a live debate via Instagram on March 27 to assess the impact the coronavirus has had on exports.
Tuesday, March 31st 2020 - 07:25 UTC
Falklands provides childcare for essential key workers' children

As of this Monday 30 March, the Falklands' Education Department is providing childcare for the children of essential key workers to enable them to go to work. Parents in this category have been contacted directly. Home learning packs are being delivered to those who were unable to collect them.
Monday, March 30th 2020 - 12:49 UTC
LATAM will continue USA and Chile Service only

LATAM Airlines Group and its affiliates announced today that they will temporarily suspend additional international services until April 30, 2020, due to travel restrictions put in place by national authorities and lower demand resulting from the COVID-19 (Coronavirus) pandemic.