International

Tuesday, March 24th 2020 - 08:46 UTC
World Bank approves fast track financing to respond to Covid 19

The World Bank and IFC’s Boards of Directors approved an increased US$ 14 billion package of fast-track financing to assist companies and countries in their efforts to prevent, detect and respond to the rapid spread of COVID-19. The package will strengthen national systems for public health preparedness, including for disease containment, diagnosis, and treatment, and support the private sector.
Tuesday, March 24th 2020 - 06:33 UTC
UK considering measures to salvage ruined airline industry

The British government of Prime Minister Boris Johnson is reportedly considering a rescue plan for British Airways (BA) and other airlines which are failing to cope with the coronavirus contingency measures that are keeping their entire fleets grounded.
Monday, March 23rd 2020 - 10:54 UTC
Postponement of Tokyo Olympics imminent after Canada, Australia withdrawal

Japan's Prime Minister Shinzo Abe admitted Monday that the 2020 Olympic Games may not go as planned due to the Covid-19 pandemic crisis, it was reported.
Monday, March 23rd 2020 - 07:00 UTC
Gibraltar creates a specific Covid 19 special fund of up to £500 million

The Gibraltar government could borrow up to 500 million pounds for Coronavirus aid if the community requires it in the coming months. This news came before parliament unanimously passed the emergency budget bill which will help cushion the negative economic effects the virus will have on the peninsula.
Monday, March 23rd 2020 - 06:43 UTC
World Water Day, everyone has a role to play, Antonio Guterres

The world’s water resources are under unprecedented threat. Today, some 2.2 billion people lack safe drinking water and 4.2 billion people live without access to adequate sanitation. Unless we act with urgency, the impacts of climate change are projected to exacerbate these figures. By 2050, between 3.5 and 4.4 billion people will live with limited access to water, with more than 1 billion of them living in cities.
Monday, March 23rd 2020 - 06:36 UTC
On World Water Day, UN launches flagship report on climate change

On World Water Day, the United Nations launched a flagship report which says that reducing both the impacts and drivers of climate change will require major shifts in the way we use and reuse the Earth’s limited water resources.
Saturday, March 21st 2020 - 09:30 UTC
OAS General Assembly re-elects Luis Almagro as Secretary General

The 54th Special General Assembly of the Organization of American States (OAS) on Friday re-elected Luis Almagro as Secretary-General and Nestor Mendez as Assistant Secretary-General of the Organization.
Saturday, March 21st 2020 - 09:24 UTC
IMF's technical guidance on Argentine public debt sustainability

At the request of the Argentine authorities and reflecting close collaboration with them, the International Monetary Fund (IMF) released on Friday a technical note prepared by IMF staff on Argentina’s public debt sustainability.
Saturday, March 21st 2020 - 09:17 UTC
Cabo Verde closes all borders and restricts flights; Falklands air link disrupted

Authorities of Cape Verde have closed all sea borders and have restricted flights from the UK, US, Canada and a number of other European countries from 18 March. As of 18 March, only a restricted number of flights are allowed into the country to enable visitors to return home. This follows confirmation of a Covid 19 case in the former Portuguese colony.
Saturday, March 21st 2020 - 09:09 UTC
London's support for Falklands to deal with the impacts of the pandemic

In a display of support from London, the UK Government announced it is working closely with the Overseas Territories to ensure they receive the help that is necessary to face the challenge and consequences of Covid-19.