Tag: COVID-19

Friday, October 2nd 2020 - 09:49 UTC
Chile in one year has lost 1,8 million jobs, and unemployment reached 12%

The Chilean government has begun to gradually lift restrictions in the country in an attempt to reactivate the economy, given a drop in new cases with 1,556 (the lowest rate in three months), though areas with a high level of new cases remain under quarantine.
Friday, October 2nd 2020 - 09:01 UTC
China suspends beef imports from a Brazilian meatpacker Minerva plant

China said it would temporarily suspend imports from a beef plant owned by Brazilian meatpacker Minerva SA for a week, in the latest suspension amid concerns over coronavirus contamination in Brazilian meat plants.
Thursday, October 1st 2020 - 09:30 UTC
Some 18 million Argentines, 40,9% of the population live in poverty, with prospects of worse times ahead

Nearly half of Argentina’s population was living in poverty in the second quarter, a sharp increase from last year, as the country’s longstanding economic crisis deepened due to the coronavirus pandemic, researchers estimated on Wednesday.
Thursday, October 1st 2020 - 09:20 UTC
Falklands mini budget less likely, despite a “slight deficit” instead of a planned surplus

A Falkland Islands mini budget looks much less likely now, based on what Financial Secretary Tim Waggott told MLAs (lawmakers) at a meeting of the Standing Finance Committee.
Thursday, October 1st 2020 - 09:15 UTC
Privatization policy in Bolivia divides the cabinet and triggers several ministerial resignations

Internal splits in Bolivia’s interim government led to the departure of the country’s economy minister and two other cabinet ministers Monday, stoking uncertainty about the Andean country’s economic recovery from the coronavirus pandemic.
Thursday, October 1st 2020 - 09:01 UTC
Brazil's IPOs on the rocks: concern with fiscal discipline, US election and second Covid-19 wave

What was shaping up as Brazil’s best year for initial public offerings in more than a decade is now on the rocks, as many companies shelve their plans amid concerns on the country’s fiscal discipline and a surfeit of new equity supply.
Thursday, October 1st 2020 - 09:00 UTC
US cruise industry anticipates a month extension of the “No Sail Order”

The No Sail Order issued by the U.S. Centers for Disease Control and Prevention is scheduled to expire on September 30, and as of now, no further updates have come from the organization.
Thursday, October 1st 2020 - 08:55 UTC
Johnson yields to Parliament rebellion over powers to introduce more coronavirus restrictions

Prime Minister Boris Johnson's government defused a rebellion on Wednesday over its sweeping powers to introduce coronavirus restrictions, promising angry lawmakers more say over the introduction over any new national measures.
Wednesday, September 30th 2020 - 09:45 UTC
World Bank plans US$ 12bn to help poor countries with Covid-19 vaccine purchase and distribution

The World Bank on Tuesday said it has asked its board of directors to approve US$12 billion to help poor countries purchase and distribute eventual vaccines against COVID-19. The bank has already implemented emergency response programs in 111 countries and the extra money, if approved, would be aimed at low- and middle-income countries.
Wednesday, September 30th 2020 - 09:09 UTC
Post lockdown Mediterranean cruise vessel docks in Greece with coronavirus cases

The first cruise ship to sail to Greece since the coronavirus lockdown docked at the port of Piraeus early on Tuesday after a dozen crew members were reported positive for the virus, state news agency ANA said.