
Russia, hit by falling oil prices and the coronavirus outbreak, has announced the formation of a US$4 billion fund as part of a package of measures to support the economy.

The Falkland Islands Government has announced a new air travel advisory and outlined the terms on which it may assist cruise ships seeking to repatriate passengers. Likewise, it strongly recommends foreign nationals seeking to leave the Falklands to do so on Wednesday, March 18, LATAM flight.

Brazil President Jair Bolsonaro said on Tuesday his second coronavirus test was negative and his government asked Congress to authorize a state of emergency that would allow it to scrap fiscal targets and free up funds to combat the virus’ spread.

By Gwynne Dyer – U.S. Secretary of State Mike Pompeo has run afoul of the language police. Last week, he called the coronavirus, which already has killed 0.000013 percent of the world’s population, the “Wuhan virus.” When challenged about this criminal violation of linguistic propriety, he just said it again. The World Health Organization (WHO) was shocked.

The International Monetary Fund has quickly rejected a surprise request on Tuesday by Venezuela for an emergency US$ 5 billion loan to fight the new coronavirus, which threatens to push its already battered economy over the edge.

By Kristina Georgieva (*) – While quarantining and social distancing is the right prescription to combat COVID-19’s public health impact, the exact opposite is needed when it comes to securing the global economy.

Brazilian meatpackers JBS and Minerva Foods are considering suspending operations at some slaughterhouses in Brazil due to supply chain issues from China, JBS and sources close to Minerva said this week.

Brazilian Foreign Trade Secretary Marcos Troyjo, who was part of the Brazilian delegation that recently visited Florida, has tested positive for the coronavirus, his office said in a statement on Monday.

China hit out on Monday at Peru's Nobel literature laureate Mario Vargas Llosa for allegedly expressing “irresponsible and prejudiced opinions” over the origins of the coronavirus pandemic.

Anyone hoping to escape wall-to-wall coronavirus coverage with a day at the beach can forget about it in Rio de Janeiro, where authorities armed with megaphones blared out messages on Monday ordering everyone home.