Starting from June 8, the Chinese aviation authorities will allow all foreign airlines, which were forced to refuse to fly to this country because of the COVID-19 coronavirus pandemic, choose one destination airport and perform one regular flight per week, China Civil Aviation reported. The list of these airports is approved by the Chinese authorities. Companies wishing to resume flights must...

Argentina, which is in default, has extended the negotiations on debt once again - until the evening of June 12, the Ministry of Economy said. "Argentina said it had offered debt holders an extension of the period (of debt negotiations)... from 5 p.m. June 2 New York time to 5 p.m. June 12," the statement reads. The authorities of Argentina maintained active negotiations with investors....

Residents and authorities in the United States seem to be tired of riots caused by the murdered African American George Floyd. On Sunday night in Minneapolis, where the riots started, the police first acted harshly, stopping rioters from breaking curfews. Calls for an end to the atrocities are now heard from both sides of the political spectrum and from representatives of the general public...

This year, the global economy will decline by 4.6% and will return to the pre-virus level no earlier than mid-2022, follows from an updated forecast by the Fitch rating agency. The most pronounced decline will be observed the euro area - in Italy, Spain and France it will exceed 9%. Global GDP will decline this year by 4.6% (not by 3.9% as expected at the end of April). Next year, it will grow by...

Three years ago, three major global pharmaceutical companies did not support the EU proposal to develop high-speed vaccines for pathogens, in particular, such as coronaviruses, The Guardian reported on Monday. According to the newspaper, the plan included intensification of work on vaccines and their approval in the framework of the Innovative Medicines Initiative partnership. The Board of...

The Chinese authorities decided to finally fix the "Hong Kong problem": a draft resolution "On National Security" was introduced for the consideration of the session of the All-China Assembly of People's Representatives. The document provides for unprecedented restrictions on freedom in the “free city” and risks putting an end to the principle of “one country - two systems”. Moreover, Beijing...

The US Senate unanimously spoke out in favor of a bill, which would make it difficult for some Chinese companies to place shares on exchanges in the United States. According to the paper, foreign companies whose shares are traded in the United States will be required to inform if the governments of certain countries own shares in them. At the same time, the British authorities are preparing a...

Greece will allow direct flights to its main tourist destinations from other countries from July 1, announced Prime Minister Kyriakos Mitsotakis, reports AP. The tourist season in the country will begin on June 15: from this date seasonal hotels will open, Head of the Greek government noted. All arrivals in the country will be tested for coronavirus. They will also have to follow “basic security...

The Central Bank of Venezuela has filed a lawsuit in a London court against the Bank of England in order to secure the return of €930 million in gold bars stored in it. The authorities need the funds to fight the novel coronavirus, Reuters reports citing a document submitted to the court. In late January, the Bloomberg news agency, citing sources, reported that the Bank of England refused Caracas...