Tag: pandemic

Saturday, April 4th 2020 - 08:18 UTC
Record unemployment filing in US in two weeks; “economy has slipped into recession”

The number of Americans filing claims for unemployment benefits shot to a record high of more than 6 million last week as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.
Saturday, April 4th 2020 - 08:10 UTC
Pandemic: Paraguay receives US$ 20 million to support its health system

The World Bank Board of Directors approved today a loan of US$20 million to support Paraguay in strengthening its health system in the face of the coronavirus pandemic (Covid-19). In the context of the country's current health situation, already affected by the worst dengue outbreak in recent years, the project will help strengthen the already overburdened health system through the purchase of medical supplies and equipment.
Saturday, April 4th 2020 - 08:08 UTC
World Bank US$ 35 million emergency loan for Argentina to combat coronavirus

The World Bank Board of Directors today approved a US$ 35 million emergency loan to support the Argentine government efforts to minimize the impact of the COVID-19 pandemic on the health system through the procurement of medical supplies and equipment. This financing forms part of a World Bank fast track package of up to US$ 14 billion to help countries cope with the health and economic impacts of the COVID-19 pandemic.
Wednesday, April 1st 2020 - 07:58 UTC
UN Guterres rates coronavirus pandemic the worst global crisis since WWII

The coronavirus pandemic is the worst global crisis since World War II, UN Secretary-General Antonio Guterres said on Tuesday, expressing concern that it could trigger conflicts around the world.
Wednesday, April 1st 2020 - 07:51 UTC
Falklands reinforces medical facilities in anticipation of a Covid-19 outbreak

The Falkland Islands government announced on Tuesday that have reinforced medical facilities and Covid-19 arrangements with the support from the British government and the normalization of the Airbridge with Brize Norton.
Tuesday, March 31st 2020 - 09:20 UTC
Spain overtakes China in Coronavirus infections; business leaders warn of impact on jobs with the lockdown

Spain overtook China in the number of those infected with coronavirus on Monday as the government tightened restrictions on a population entering its third week under one of the strictest lockdowns in Europe.
Tuesday, March 31st 2020 - 09:20 UTC
Bolsonaro insists with his campaign to get the economy moving; Facebook censors the Brazilian president

Brazil's President Jair Bolsonaro said on Monday that there can be no more quarantine measures imposed on the country than those already in place to combat coronavirus because jobs are being destroyed and the poor are suffering disproportionately.
Tuesday, March 31st 2020 - 09:17 UTC
Pandemic: Sweden fears overreaction and follows a relaxed strategy

A growing number of Swedish doctors and scientists are raising alarm over the Swedish government’s approach to COVID-19. Unlike its Nordic neighbors, Sweden has adopted a relatively relaxed strategy, seemingly assuming that overreaction is more harmful than under-reaction.
Tuesday, March 31st 2020 - 08:10 UTC
Surprising factory activity numbers in China, according to Beijing stats office

Factory activity in China unexpectedly expanded in March after contracting sharply to a record low, but the rapid global spread of the coronavirus is expected to keep businesses and the overall economy under heavy pressure as foreign demand slumps.
Tuesday, March 31st 2020 - 07:58 UTC
Falklands' eligibility criteria for self employed and private sector workers affected by Covid-19 response

In an update on the measures announced on 26 March for self-employed workers and private-sector workers, referred to the current coronavirus global pandemic, the Falkland Islands Executive Council has approved two additional eligibility criteria.