Tag: coronavirus pandemic

• Friday, June 12th 2020 - 09:59 UTC

  Fallout from pandemic could plunge 395 million people into extreme poverty

  

  The economic fallout from the coronavirus pandemic could plunge an extra 395 million people into extreme poverty and swell the total number of those living on less than US$1.90 a day worldwide to more than 1 billion, researchers said in a report on Friday.

• Thursday, April 16th 2020 - 11:10 UTC

  G20 supports temporary halt to debt payments by world's poorest nations

  

  The Group of 20 nations announced support on Wednesday for a temporary halt to debt payments by the world's poorest nations as they struggle to deal with the coronavirus pandemic.

• Tuesday, April 7th 2020 - 07:49 UTC

  US warns China following the sinking of a Vietnamese fishing vessel near disputes islands

  

  The United States on Monday warned China not to take advantage of the coronavirus pandemic to exert itself in the South China Sea after Vietnam said Beijing sank a trawler.

• Tuesday, April 7th 2020 - 07:48 UTC

  Central Chile drought has residents and mining companies clash over water rights

  

  With historically low river flows and reservoirs running dry due to drought, people in central Chile have found themselves particularly vulnerable to the coronavirus pandemic. Years of resource exploitation and lax legislation have allowed most reservoirs in that part of the country to run dry.

• Thursday, April 2nd 2020 - 07:50 UTC

  US unemployment claims expected at record high: 80% Americans under some form of lockdown

  

  The number of Americans filing claims for unemployment benefits likely shot to a record high for a second week in a row as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.

• Wednesday, April 1st 2020 - 07:45 UTC

  Wall Street markets tumbled on Tuesday: Dow with its biggest quarterly decline since 1987

  

  Wall Street’s three major indexes tumbled on Tuesday, with the Dow registering its biggest quarterly decline since 1987 and the S&P 500 suffering its deepest quarterly drop since the financial crisis on growing evidence of massive economic damage from the coronavirus pandemic.

• Wednesday, April 1st 2020 - 07:04 UTC

  A British 13-year old boy dies in London testing positive for COVID-19

  

  A 13-year-old British boy has died days after testing positive for COVID-19, hospital officials and his family said on Tuesday with relatives saying he had no underlying illnesses. The boy, who died Monday at King's College Hospital in London, is believed to be Britain's youngest confirmed death in the coronavirus pandemic.

• Thursday, March 26th 2020 - 08:44 UTC

  South American countries agree to ensure smooth flow of goods and food supplies in the region

  

  Agriculture ministers from various South American countries participated in a video conference on Monday, March 23, to discuss harmonization of standards and ensure the smooth flow of goods and food supplies throughout the region during the Coronavirus pandemic.

• Thursday, March 19th 2020 - 08:23 UTC

  Mnuchin denies potential US unemployment of 20% but considers a US$ 2.000 stimulus check to every American

  

  Treasury Secretary Steven Mnuchin on Wednesday vowed that unemployment would not reach 20%, seeking to clarify comments he made a day earlier on a worst-case economic scenario resulting from the coronavirus pandemic.

• Tuesday, March 17th 2020 - 08:15 UTC

  Brazil US$ 30bn fiscal boost to prop the economy and soften Covid-19 impact

  

  Brazil’s government on Monday announced emergency measures to inject nearly 150 billion reais (US$ 30 billion) into the economy to soften the blow from the coronavirus pandemic.