Tag: COVID-19

• Monday, June 1st 2020 - 08:54 UTC

  Venezuela announces the end of subsidized fuel prices together with privatized service stations

  

  Venezuela will increase fuel prices in June, the president said, putting a limit on state subsidies that for decades had allowed citizens to fill their gas tanks virtually for free. Although the country has huge oil reserves, production has collapsed and Venezuelans are facing dire shortages - exacerbated by the impact of COVID-19 on the economy.

• Saturday, May 30th 2020 - 08:49 UTC

  Sao Paulo City will gradually lift lockdown beginning Monday June first

  

  Despite a record number of new coronavirus cases reported in Brazil this week, Sao Paulo –the largest city in South America and home to Brazil's financial hub– will allow shops and malls to reopen after two months of loosely enforced quarantine.

• Saturday, May 30th 2020 - 08:48 UTC

  Brazil surpasses Spain and becomes fifth highest in number of virus fatalities

  

  Brazil on Friday reached 27,878 coronavirus deaths, official figures showed, surpassing the toll of hard-hit Spain and making it the country with the fifth-highest number of fatalities. The epicenter of the South American coronavirus outbreak, Brazil saw 1,124 deaths in 24 hours, the Ministry of Health said.

• Saturday, May 30th 2020 - 08:40 UTC

  Argentine scientists developing a fast, inexpensive coronavirus test

  

  Argentine scientists are producing what they call a fast and inexpensive coronavirus test, which according to the government has captured the interest of other countries. The new test, called “NEOKIT-COVID-19”, allows detection of the virus in less than two hours, developers say.

• Saturday, May 30th 2020 - 07:45 UTC

  Trump orders a probe into Chinese companies listed in US financial markets

  

  US President Donald Trump on Friday ordered a probe into the actions of Chinese companies listed on American financial markets as tensions flared anew between the world's two biggest economies.

• Friday, May 29th 2020 - 08:45 UTC

  Peruvian mining sector activity expected to fall by 15% this year

  

  Production in Peru’s mining sector will fall by at least 15% this year, representing a loss in revenues of up to US$ 5 billion, due to disruptions caused by the coronavirus pandemic, a top mining executive said on Wednesday.

• Friday, May 29th 2020 - 08:31 UTC

  Spread of coronavirus threatening Brazilian slaughterhouses

  

  Brazilian food company BRF SA said the potential closure of slaughterhouses due the spread of the novel coronavirus at meat production sites would make it impossible to keep output at current levels.

• Friday, May 29th 2020 - 08:29 UTC

  Spain will open gradually to tourism, beginning with European countries

  

  Spain will open gradually to tourism this summer, starting with European countries, and will ensure visitors only go to areas that have the coronavirus under control, Foreign Minister Arancha Gonzalez Laya said.

• Friday, May 29th 2020 - 07:33 UTC

  German economy to shrink 6,6% this year but rebound 10,2% in 2021

  

  The German economy is likely to shrink by 6.6% this year as a consequence of the coronavirus pandemic before growing by 10.2% in 2021, the Ifo Institute said on Thursday in its latest update.

• Friday, May 29th 2020 - 07:25 UTC

  Johnson, under growing pressure over Cummings issue, announces easing of lockdown conditions

  

  The coronavirus lockdown will ease next week for most of Britain's population, Boris Johnson announced on Thursday, as a row persisted over the prime minister's closest adviser taking a long-distance journey during lockdown.