Tag: pandemic

Thursday, April 30th 2020 - 08:30 UTC
Chinese factory activity slows down as demand remains sluggish

Chinese factory activity grew at a slower pace in April as demand remained sluggish while the world grapples with the COVID-19 pandemic, according to official data released on Thursday.
Thursday, April 30th 2020 - 08:26 UTC
Britain now has second highest official COVID-19 death toll in Europe

Britain now has Europe's second-highest official COVID-19 death toll with more than 26,000, according to figures published on Wednesday that raised questions about Prime Minister Boris Johnson's response to the outbreak.
Wednesday, April 29th 2020 - 09:41 UTC
Uruguay and Argentina presidents discuss the future of Mercosur

Uruguayan president Luis Alberto Lacalle Pou and his Argentine peer, Alberto Fernandez held a half-hour video conference Tuesday mid-morning to address the recent decision by the current Argentine administration to freeze Mercosur free trade negotiations with potential new partners and instead concentrate efforts in overcoming the COVID-19 pandemic and its sanitary, social, economic and employment consequences.
Wednesday, April 29th 2020 - 07:30 UTC
Trump again blames China for the pandemic, and is thinking “in ways to hold Beijing accountable”

US President Donald Trump said that China could have stopped the coronavirus before it swept the globe and said his administration was conducting “serious investigations” into what happened.
Monday, April 27th 2020 - 07:59 UTC
Mercosur: Argentina only interested in block's negotiations with Europe

In the midst of the chaotic situation caused by the pandemic, the Argentine government announced the abandonment of Mercosur negotiations to prioritize the country’s domestic economy and the struggle against the virus. The rest of the bloc members must evaluate legal, institutional, and operational measures emerging from the decision.
Monday, April 27th 2020 - 07:40 UTC
New Interior minister in Peru following the Coronavirus death of 17 police officers

Seventeen police officers in Peru have died after contracting novel coronavirus while enforcing the nation's pandemic lockdown, officials and state media said. Authorities admitted earlier this week that at least 1,300 officers had been infected by COVID-19.
Thursday, April 23rd 2020 - 09:22 UTC
Pandemic forcing Venezuela's Maduro and Guaidó to hold exploratory talks

Allies of both Venezuelan President Nicolas Maduro and his bitter foe, opposition leader Juan Guaido, have secretly begun exploratory talks as concerns grow about the possible impact of coronavirus, according to sources on both sides.
Thursday, April 23rd 2020 - 09:06 UTC
Pompeo pressing China to allow inspections of sensitive laboratories

United States Secretary of State Mike Pompeo on Wednesday pressed China to allow inspectors into sensitive laboratories, voicing concern about their security amid the global COVID-19 pandemic.
Thursday, April 23rd 2020 - 08:59 UTC
Falklands' government will buy unsold wool clip in support of producers

The Falkland Islands government announced on Wednesday a support program for wool producers and their unsold clip in light of the COVID-19 pandemic. For that purpose, it has authorized the Department of Natural Resources to develop a program to purchase the unsold wool, in a one-time offer, with the price set at March 20.
Thursday, April 23rd 2020 - 08:46 UTC
The Short-term Liquidity Line: A New IMF Tool to Help in the Crisis

By Geoffrey Okamoto – The COVID-19 pandemic has severely disrupted the global economy at every level. Across the world, financial conditions have tightened dramatically, with unprecedented portfolio outflows from emerging markets in terms of both size (a record of about US$100 billion) and speed, and markets effectively frozen in some cases. This has created sizable demand for U.S. dollar liquidity, with emerging markets facing sharp liquidity shortages.