Recession-hit Argentina has managed to restructure 99% of US$ 66 billion in debt issued under foreign legislation, Economy Minister Martin Guzman announced on Monday.
Brazil's finances continued to deteriorate in July as the COVID-19 crisis pushed the public sector debt and deficit as a share of the economy to new records, official figures showed on Monday, although not as bad as economists had feared.
Argentina’s ruling coalition, Frente de Todos, is seeking to impose a one-time tax on wealthy citizens as part of a strategy to solidify the alliance’s populist credentials while boosting government revenue amid a deteriorating economic crisis.
Brazilian President Jair Bolsonaro said on Monday he had been diagnosed with a kidney stone and would undergo surgery in September to remove it. The far-right leader, 65, has had a series of health issues, including four surgeries stemming from an attack in which he was stabbed in the abdomen during his 2018 presidential campaign.
The Chilean government on Monday threatened to invoke a state security law to penalize striking truck drivers blocking arterial routes and damaging supply chains after talks between the two sides broke down.
Argentine president Alberto Fernandez has urged Lionel Messi to finish his career in his home country. The Barcelona forward spent several years in the academy at Newell's Old Boys in Rosario before moving to Europe as a teenager.
A young ram was sold for a record 350,000 guineas -- some US$ 490,000 at an auction in Scotland this week. The lamb, named Double Diamond, had generated buzz before the Scottish National Texel sale in Lanark started, according to a news release from the Texel Sheep Society.
A three-year-old girl entangled in the tail of a giant kite survived a terrifying ride after being swept more than 30 meters into the air during a kite festival in Taiwan, video footage posted on social media on Sunday showed.