Argentine bonds extended a recent dip after the government formalized its US$ 65 billion debt restructuring offer, underscoring investor concern about the country’s shaky economy despite creditors’ rallying behind a deal.
Former Colombian President Alvaro Uribe, who is under investigation for alleged witness tampering, resigned his Senate seat on Tuesday after being placed under house arrest earlier this month.
Coronavirus cases in Colombia surpassed 500,000 on Wednesday as deaths from the virus approach 16,000 and the country nears the end of five months of lockdown.
Throughout the summer, oil’s recovery from its devastating crash has looked somewhat dubious. While the price of crude rebounded somewhat, it did not wholly regain its pre-pandemic strength. And while the nations of OPEC+ put measures in place to cut production and close the gap between supply and demand, certain nations involved hinted at the reluctance to keep cuts in place. These factors, coupled with the lingering potential of fresh “waves” of the coronavirus, have kept us from being overly optimistic about the state of oil.
The spread of coronavirus in Brazil could be about to slow, the Health Ministry said on Wednesday, amid reports the transmission rate has fallen below the key level and early signs of a gradual decline in the weekly totals of cases and fatalities.
Brazilian Vice President Hamilton Mourao on Wednesday called on actor Leonardo DiCaprio to visit the Amazon to see the reality of the situation there, as the government faces criticisms for rising destruction in the world's largest rainforest.
The re-election campaign of U.S. President Donald Trump has sued New Jersey, following a decision on Friday by its Democratic governor to mail a ballot to every voter in the state for November’s elections, as well as hold in-person voting amid the coronavirus pandemic.
Just two years after Apple became the first publicly listed US company with a US$1 trillion stock market value, the iPhone maker has now topped US$2 trillion. The Cupertino, California-based company's shares briefly rose to as high as US$468.65 on Wednesday, equivalent to a market capitalization of US$2.004 trillion.
The United Nations paid tribute on Wednesday to humanitarian workers now battling the COVID-19 pandemic after a year in which they found themselves under greater attack than ever before.
Britain is unlikely to follow France in ordering people to wear face coverings at work because its test and trace scheme shows most people catch COVID-19 in house-to-house transmission, health secretary Matt Hancock said on Wednesday (Aug 19).