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.
Before the coronavirus pandemic took its grip on Indonesia, the pristine beaches of Lembongan Island lapped by the Indian Ocean were dotted with sunbathing tourists from across the globe.
Whilst the United States economy is taking a hit due to the recent situation around the world, there is positive news to be found.
For the first time in the history of World Tourism Day, the 2020 official celebration will be hosted by a group of countries and not a single UNWTO Member State. The cross-border cooperation of Mercosur Member States (Argentina, Brazil, Paraguay, Uruguay plus Chile, Member Associate) reflects the current need for international solidarity and cooperation. This is especially true for tourism, working together towards a common goal.
by Luke Taylor, The British Medical Journal – Latin America continues to suffer some of the worst tolls of Covid-19, with over seven million recorded infections accounting for nearly half of all daily deaths. But in the region's Southern Cone there is a clear outlier wedged between Brazil to the east, with over 3.5 million confirmed cases, and Argentina to the west, with half a million.
The Falkland Islands Government provided details on Wednesday of a range of support schemes designed specifically to mitigate the effects of the global pandemic on tourism businesses, operators, and employees over the next twelve months, as well as prepare the sector to take advantage of renewed demand in 2021 and beyond.
The Falkland Islands Tourist Board has also worked alongside the Government to identify ways in which it too could assist with helping position the sector to take advantage of demand in 2021/22 and beyond. To this end the tourist board has reallocated existing budgets and earmarked funds totaling £380,000 as follows:
The global economic recovery from the crisis originated by the coronavirus pandemic may take as much as five years, the World Bank's chief economist Carmen Reinhart said on Thursday.
As a result of Covid-19 impacts and restrictions the Falkland Islands' Department of Agriculture has redirected surplus funds towards a salary for a third Agricultural Advisor. Director of Natural Resources Andrea Clausen told the Agricultural Advisory Committee that the move had been made in light of the high workload on the current Advisors, particularly with the need to support the investigation of Responsible Wool Handling and of businesses managing a future of lower wool and red meat prices due to uncertainties in the world market, the impact of Covid-19 and Brexit.
Peruvian opposition lawmakers filed a censure motion to oust the government’s economy minister, underscoring political tensions as the country rides out its deepest economic plunge in decades due to the coronavirus pandemic.