Brazil's most populous state Sao Paulo reported a record number of COVID-19 deaths for the second day running on Wednesday even as its metropolis allowed shops to resume business and prepared to reopen its malls.
Stability and continuity are at the heart of the Falkland Islands Government Budget for 2020/21. The Budget recognises these two themes are essential in the time of uncertainty stemming from the global COVID-19 pandemic.
Passenger revenues are expected to fall to US$241 billion (down from US$ 612 billion in 2019). This is greater than the fall in demand, reflecting an expected 18% fall in passenger yields as airlines try to encourage people to fly again through price stimulation. Load factors are expected to average 62.7% for 2020, some 20 percentage points below the record high of 82.5% achieved in 2019.
As UNWTO leads the restart of tourism, the Secretary-General of the United Nations has sent a landmark message to the world, highlighting the sector’s unique role in advancing the 2030 Agenda for Sustainable Development and in protecting the most vulnerable members of our societies.
Brazilian development bank BNDES has suspended the payment of interest and principal on debt owed by municipalities and states through the end of the year, Chief Executive Gustavo Montezano said, citing the coronavirus pandemic.
The COVID-19 pandemic is a sharp reminder of how we are all intimately connected -- to each other and to nature. As we work to end the pandemic and build back better, we have a once-in-a-generation opportunity – and responsibility -- to correct our relationship with the natural world, including the world’s seas and oceans.
New Zealand lifted all social and economic restrictions except border controls after declaring on Monday it was free of the coronavirus, one of the first countries in the world to return to pre-pandemic normality.
Mexico has taken out a one billion US dollars loan from the World Bank as the effects of the coronavirus begin to squeeze the economy, a business newspaper reported on Sunday.
The Nicolás Maduro regime blames Venezuelan migrants for the increase in the spread of the coronavirus in Venezuela while hundreds of these emigrants, pushed by their limited survival options, remain stranded in makeshift camps in different cities of Colombia waiting to be able to cross into their country.
Chile revised its death toll linked to the novel coronavirus outbreak sharply higher on Sunday, adding fatalities from databases that previously had not been included.