International
COVID-19 cause global tourism to lose $460 billion in the first half of the year
One of the hardest hit sectors by the pandemic has been tourism. Global revenues have plunged. The World Tourism Organization (UNWTO) indicated so. The organization believes that during the first half of the year, COVID-19 caused the sector’s income to fall by $460 billion.
Border closures and mobility restrictions affected the industry. The drop in tourism during the first half of 2020 is enormous. The WHO says that international travels decreased by 65% in that period. This has caused losses that “are around five times those registered in the global economic and financial crisis of 2009,” said the UNWTO.
In the second half of the year, the UNWTO foresees the scenario will not change. With travel demand and consumer confidence down. The organization estimates that by the end of the year demand will have fallen by more than 70%.
International
Powerful 7.5-magnitude earthquake strikes Honduras and the Caribbean
A 7.5-magnitude earthquake struck northern Honduras and several Caribbean nations on Saturday, according to the German Research Centre for Geosciences (GFZ). The quake occurred at a depth of 10 kilometers.
Although the United States Tsunami Warning System initially issued a tsunami alert for the Caribbean, it later reported that the threat had passed.
The powerful tremor was recorded at approximately 5:23 PM local time and occurred about 298.1 kilometers (185 miles) north-northwest of Puerto Lempira, in the Gracias a Dios department, near the Nicaraguan border, according to Honduras’ Permanent Contingency Commission (COPECO).
International
Milei’s government moves forward with privatization of Belgrano Cargas
he Argentine government has issued a decree this Saturday approving the full privatization of the state-owned railway freight company Belgrano Cargas y Logística S.A., government spokesperson Manuel Adorni announced.
“President Javier Milei has just signed the decree that begins the process of fully privatizing Belgrano Cargas y Logística S.A. The state will no longer operate freight railway services or manage any of its infrastructure, including rolling stock, tracks, workshops, and properties,” Adorni stated on his social media account X.
The government had previously announced in October its plan to privatize the company, labeling it as “obscenely unprofitable.” According to official reports, the state had to inject $112 million to keep the company afloat.
International
Mexico’s Sheinbaum urges U.S. to target cartels on its own soil
Under orders from U.S. President Donald Trump, the Department of Justice has directed the “total elimination” of drug cartels.
Newly appointed U.S. Attorney General Pam Bondi has made the “complete eradication” of organized crime cartels a top priority. In response, Mexican President Claudia Sheinbaum urged Washington on Friday to begin operations against these groups within U.S. territory.
On Thursday, the U.S. Justice Department released a memorandum in which Bondi called for a review of national security and anti-narcotics strategies to achieve the swift dismantling of all cartels and transnational criminal organizations.
“This public policy requires a fundamental shift in mindset and approach.
We must do more than just try to mitigate the enormous harm these groups cause in the United States. It is not enough to stop the wave of deadly poisons, such as fentanyl, that these organizations distribute in our country,” the memo states.
Powerful 7.5-magnitude earthquake strikes Honduras and the Caribbean
Milei’s government moves forward with privatization of Belgrano Cargas
Mexico’s Sheinbaum urges U.S. to target cartels on its own soil
Tec de Monterrey honors one of its students for his contribution to nanotechnology in medicine
Defense Minister commends salvadoran soldier for Central American Cross Country victory
Ecuador prison riot leaves at least 43 dead
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