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Kenya
Kisumu oil jetty a boost for regional business
The deal seeks to transform Kisumu into a regional commercial hub by leveraging on Lake Victoria as a key transport corridor.
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USA
Hertz files for US bankruptcy protection as car rentals stall
Firm cites lack of business following government orders restricting travel and requiring citizens to remain home.
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Cina
China exporters look inwards as virus hits overseas markets
World's second-largest economy is stirring back to life.
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Cina Kenya
China can help Kenya cope with coronavirus-induced debt
On its part, Kenya should ensure corrupt officials do not siphon millions of aid dollars to foreign banks.
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Giappone
New lows: What do near-negative oil prices mean for Japan’s economy?
The benchmark U.S. oil price fell below zero last month for the first time in history.
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Brasile
Com pandemia, transporte aéreo de cargas cai mais que a metade
A crise gerada pela pandemia do novo coronavírus atingiu também o mercado do transporte de cargas. Levantamento da Confederação Nacional da Indústria (CNI) mostrou que o transporte de carga nos aeroportos brasileiros, em abril, caiu mais que a metade em relação ao mesmo mês do ano passado. Foram 57 mil ...
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Spagna
Sánchez says Spain will reopen to foreign tourists from July
Prime minister tells nation football matches will resume in June as complex exit from lockdown continues
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Kenya
Mombasa Finance minister risk arrest over unpaid Sh44m court award
The judgment amount was initially Sh17 million.
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Brasile USA Argentina
Argentina Concedes “Soft Default”, Defers Negotiations with Creditors to June 2nd
RIO DE JANEIRO, BRAZIL - The Argentine Government announced on Thursday evening that it would defer its offer to exchange debt bonds until June 2nd, which in practice means that it will no longer pay a portion of a US$503 million (R$2.79 billion) debt, thereby placing the South American country's ...
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Brasile USA Portogallo
“Unless Economy Returns, People Will Die of Hunger,” Says Brazil’s Chief of Staff
RIO DE JANEIRO, BRAZIL - On Friday, May 22nd, the Chief of Staff of the Presidency, Walter Souza Braga Netto, reported in detail the federal government's actions over the past 60 days to tackle the novel coronavirus, in testimony before the National Congress Joint Commission on Covid-19. He highlighted the ...