Politics

Saturday, May 23rd 2020 - 09:57 UTC
Argentina in “technical default” while negotiations with sovereign bondholders continue

Argentina “technically” defaulted on Friday for the second time this century after failing to pay US$505 million of interest on its bond debt, but it continues to negotiate a restructuring with creditors. “We're not paying but the negotiations are continuing,” a government official said.
Saturday, May 23rd 2020 - 09:56 UTC
Overwhelmed by Covid-19, Peru extends nationwide lockdown until end of June

Peru on Friday extended its state of emergency and a nationwide lockdown to fight the coronavirus pandemic until the end of June, marking one of the longest periods of mandatory isolation in the world.
Saturday, May 23rd 2020 - 09:55 UTC
Bolsonaro increasingly cornered by his eccentric attitude and incompetence

President Jair Bolsonaro's government warned on Friday that Brazil's “national security” would be at risk if investigators granted a request to seize the far-right leader's cell phone in an obstruction of justice investigation.
Saturday, May 23rd 2020 - 09:49 UTC
Restrictions on Chinese air carriers flying to US unless there is reciprocity

The US government on Friday accused the Chinese government of making it impossible for US airlines to resume service to China and ordered four Chinese air carriers to file flight schedules with the US government. The administration of President Donald Trump stopped short of imposing restrictions on Chinese air carriers but said talks with China had failed to produce an agreement.
Saturday, May 23rd 2020 - 09:20 UTC
Soros warns EU survival threatened unless it issues perpetual bonds to prop weak members

George Soros, the billionaire financier, has cautioned that the European Union's survival was threatened by the novel coronavirus unless it could issue perpetual bonds or “consols” to help weak members such as Italy.
Saturday, May 23rd 2020 - 09:05 UTC
Falklands announces the appointment of a new Director of Education

The Falkland Islands Government announced the appointment of Marie Horton as the new Director of Education, taking up her position from the 27 May 2020. Ms Horton is an experienced education professional and holds an initial degree from Cardiff University, a Master’s degree from Bristol University and has undertaken further professional qualifications from Liverpool Hope University.
Friday, May 22nd 2020 - 08:59 UTC
Argentina reaffirms commitment to Mercosur but remains cautious about EU accord

Argentine Foreign Minister Felipe Solá reaffirmed on Thursday the decision of president Alberto Fernandez's government to continue being part of Mercosur. When asked about links with the other member countries of the bloc, Solá said that a “rupture or union depends on the political will of the governments and our will is, that we are not on the rupture path”
Friday, May 22nd 2020 - 08:58 UTC
Argentine negotiations with creditors deadline extended to June 2

The Argentine Ministry of Economy extended until June 2 the term to renegotiate the US$ 67 billion of debt securities issued under foreign law, with the aim of continuing negotiations with creditors.
Friday, May 22nd 2020 - 08:57 UTC
Falklands' next tourist season “very tough, very late, if there is one at all”

Falkland Islands lawmaker MLA Mark Pollard this week said that the coming tourist season is likely to be, “very tough, and a very late one if there is one at all.” However MLA Pollard emphasized that he was expressing his own opinion, and described any expectation that the cruise ship season will start as normal in October as fanciful.
Friday, May 22nd 2020 - 08:40 UTC
Falklands' restriction measures will not be reviewed for another month, despite swabbing capacity

The Falkland Islands' government this week confirmed that it will be a month before there is any review of current social distancing measures even if Covid-19 tests continue to return negative results.