7/22/2020 | This week in Business Insurance International Topics… – Editor
LATIN AMERICA
COVID-19 to cost Mexico’s aviation industry up to $6.4 billion
Mexico’s aviation industry could lose up to $6.4 billion due to the coronavirus pandemic, Simple Flying reported. The figure reflects a 45% decrease compared with the revenue generated last year.
Volcano spews ash, blankets nearby towns in Ecuador
The Geophysical Institute of Ecuador said that Sangay volcano spewed ash on June 9 blanketing towns across two provinces, Xinhua reported. The volcano sent clouds of ash over the towns of Guamote, Alausi and Cebadas in central Chimborazo province and communities in Guayas province.
6.0-magnitude quake hits Peru
The U.S. Geological Survey said that an earthquake of magnitude 6.0 hit the town of Lampa in Peru on May 31, PM News reported citing Xinhua.
Storm lashes El Salvador, Guatemala
Storm Amanda, which lashed El Salvador and Guatemala on May 31, caused floods and power outages, Daily Sabah reported citing Agence France-Presse. Nayib Bukele, president of El Salvador has declared a state of emergency in the country, while landslides and floods blocked roads in Guatemala.
Magnitude-5.5 quake strikes off Mexico’s coast
The U.S. Geological Survey has said that an earthquake of magnitude 5.5 struck off the coast of Mexico on May 24, UrduPoint reports. No tsunami warning was issued following the quake.
