The Travel & Tourism sector faces a staggering 100 million jobs losses due to the COVID-19 pandemic, according to the World Travel & Tourism Council, WTTC. The startling figure, based on research from WTTC, has increased by over 30% in the last four weeks, indicating the sheer crisis affecting the sector.
Brazilian stocks sank as much as 9.6%, and the Real slid to new lows on Friday as political turmoil in the country added to mounting concerns over the coronavirus outbreak, while risk aversion ravaged Latin American markets.
The number of COVID-19 tested positive cases at Mount Pleasant Complex in the Falkland Islands has risen by one to thirteen, following on the latest 16 swab test results received by KEMH from the UK.
Indigenous tribes in Peru's Amazon say the government has left them to fend for themselves against the coronavirus, risking “ethnocide by inaction,” according to a letter from natives to the United Nations and the Inter-American Commission on Human Rights.
The holy month of Ramadan began on Friday with Islam's holiest sites in Saudi Arabia and Jerusalem largely empty of worshippers as the coronavirus crisis forced authorities to impose unprecedented restrictions.
The impact of COVID-19 on the seafood market and industry operations has been severe, confirmed fishing industry executives and a spokesperson for the Falkland Islands Fishing Companies Association (FIFCA).
Some blood tests being marketed to tell people if they have had the new coronavirus are a “disaster”, Roche Chief Executive Severin Schwan said as he prepares to launch the drug maker's own antibody test next month.
Already grappling with one of Brazil’s most severe outbreaks of the novel coronavirus and a budget deep in the red, Rio de Janeiro state faces a potential threat to its solvency at the hands of investment giants PIMCO and Dodge & Cox.
The Falkland Islands Executive Council considered this week two reports regarding further legislative proposals responding to the challenges posed by COVID-19. ExCo addressed the provisions put in place in the UK, including the Coronavirus Act 2020, and other laws.
Fourteen more coronavirus infections have been confirmed on the Italian cruise ship Costa Atlantica docked for repairs in Japan, a local official said on Thursday, bringing the total to at least 48.