Tag: pandemic

• Monday, November 29th 2021 - 09:29 UTC

  LATAM presents reorganization plan, rejects Brazilian group offer, and has to wait until January 27

  

  LATAM Airlines Group said on Friday it had filed a reorganization plan, proposing a US$8.2 billion injection of capital in a bid to exit its Chapter 11 bankruptcy process, and at the same time announced it had rejected the Brazilian airline Azul acquisition proposal as “incomplete” and “insufficient”.

• Thursday, November 25th 2021 - 09:35 UTC

  Backsliding democracies challenged as world becomes more authoritarian, IDEA report

  

  The world is becoming more authoritarian as autocratic regimes become even more brazen in their repression. Many democratic governments are backsliding and are adopting authoritarian tactics by restricting free speech and weakening the rule of law, a trend exacerbated by the Covid-19 pandemic.

• Saturday, November 20th 2021 - 09:03 UTC

  Wishful declarations after three-leader Summit in Washington

  

  Leaders of Canada, the United States and Mexico have achieved little to no progress after their first three-part Summit in Washington this week. Nevertheless, there were some coincidences regarding arms trafficking, migration and the recovery from the pandemic.

• Friday, November 19th 2021 - 09:40 UTC

  Brazil's Supreme Court rules discounts on school fees were unconstitutional

  

  Brazil's Supreme Federal Court (STF) Thursday ruled that lower court decisions granting linear discounts on college tuition fees during the COVID-19 pandemic were unconstitutional.

• Wednesday, November 10th 2021 - 09:15 UTC

  LATAM releases 3Q results: despite losses of US$ 692 million, business picking up and costs down

  

  LATAM reported on Tuesday that during the third quarter of this year it registered a net loss of US$ 691.9 million, due to the costs of maintenance and the expenses of the restructuring carried out by the pandemic.

• Monday, November 8th 2021 - 09:11 UTC

  Brazilian scientists turn down medals in repudiation of President Bolsonaro

  

  A group of Brazilian scientists who were awarded the National Order of Scientific Merit have decided to turn down the honours after President Jair Bolsonaro chose to remove one of them from the list.

• Thursday, November 4th 2021 - 09:33 UTC

  Federal Reserve begins gradual monthly tapering of stimulus this month

  

  Finally, following a two-day meeting, it's official: the US Federal Reserve announced on Wednesday it will begin tapering stimulus to the economy this month but also leaving the door open for possible changes if there are shifts in the scenario because of the pandemic. Likewise, inflation was described as “transitory” because of supply chain issues in the post-pandemic recovery.

• Wednesday, November 3rd 2021 - 19:16 UTC

  Germany going through a “pandemic of the unvaxxed”

  

  Germany's Health Minister Jens Spahn said his country was going through a “pandemic of the unvaccinated” and called for measures to curb the peak of coronavirus cases registered over the past few days.

• Monday, November 1st 2021 - 21:50 UTC

  Bolsonaro tells WHO boss he was the only leader under investigation for genocide regarding COVID-19

  

  Brazil's President Jair Bolsonaro was recorded telling World Health Organization (WHO) Director Tedros Adhanom he was the only head of state charged with crimes against humanity for his handling of the COVID-19 pandemic. The conversation is said to have taken place on the sides of the G20 Summit in Rome.

• Saturday, October 30th 2021 - 09:22 UTC

  Vaca Muerta boosts Argentina's oil output to record number of BPDs

  

  Argentina's output of crude oil has reached an unprecedented 532,566 barrels per day in September 2021, according to a report released Friday by the private firm Regional Investment Consulting (Ricsa), thus surpassing the previous highest mark of 528,782 bpds from March 2020, when the COVID-19 pandemic broke out.